You have the right to select a GLEIF accredited agency/provider to manage your LEI code. GetLEI™ offers free and simple LEI Transfer to our management platform from any service provider or LEI system. Our company would take responsibility for the administration of your LEI and the process of transfer from the previous provider. The LEI code, as well as data, will stay the same after the transfer.
The process includes two LOUs (Local Operating Unit): the sending (i.e., the agency that is handing over the administration of the LEI data) and receiving (i.e., the agency that is taking over the administration of the LEI data).
A company, who owns the Legal Entity Identifier, should authorize the transfer. The Authorization must be signed by an individual named in the related register. That is a mandatory rule.