Don't overpay
An LEI is the same 20-character code whoever issues it. What differs is the price, and almost all of that difference is labour, not the identifier. Here is how LEI pricing actually works, and why lei.online sits far below the market.
Every accredited issuer pays the Global Legal Entity Identifier Foundation (GLEIF) a mandatory operational fee, about 11 USD a year for each LEI. That part is fixed and identical for all of us, and it is not where the price difference comes from.
GLEIF requires every order to validate the organization against an authoritative source - the registration authorities (RAs) that keep the company registers - and to do it under dual control, with two independent people reviewing the record. That review is careful and it takes time. The more of it a person does by hand, the more the LEI costs. That is the real reason prices differ.
We are building the whole issuing chain to take the manual labour out of it, without cutting a single check GLEIF requires:
No third-party issuer sits between us and GLEIF. We are building the platform ourselves, and we plan to release it under the MIT / Apache 2.0 licence, so any operator can follow.
We connect directly to the company registrars that serve as the authoritative RAs, so validation reads the source rather than a person re-keying it.
The two-person review GLEIF requires is kept short by automated assistance that does the checking and surfaces only what a human must decide.
Automated agent tools carry out the routine desk work, including the correspondence between the LOUs and the customer that a transfer or a query needs.
Digital signatures replace posted and scanned documents, so there is no costly manual handling and far less friction for the buyer.
That is why lei.online can hold a very low price against the rest of the market.
