LEImint › LEI for bank and broker accounts
LEI code for your Interactive Brokers company account
Interactive Brokers asks for your company’s LEI before it can trade for the company. Why, and how to get or renew one in minutes.
Opening or using an investment account at Interactive Brokers for a company – for example a holding company? Before Interactive Brokers can execute trades in shares, ETFs, bonds or derivatives for the company, it needs the company’s LEI code.
Why Interactive Brokers asks for an LEI
Under EU and UK transaction-reporting rules (MiFIR / UK MiFIR), investment firms report every trade with the client company’s LEI and may not trade for a legal entity without one – “no LEI, no trade”. Brokers in other countries often ask for an LEI too. The LEI must also be valid (status ISSUED), so an expired LEI can block trading.
How to get your LEI with LEImint
- Search for your company on our homepage – we fill in the data from the business register.
- Choose 1, 3 or 5 years and pay online.
- Sign the power of attorney online – a board member can do it in a few seconds – or upload a copy signed by a legal representative.
- You receive the LEI by e-mail, usually within one business day.
Then give the LEI to Interactive Brokers as requested – in the account application or via customer support.
Keep it valid
An LEI must be renewed every year. With a 3- or 5-year plan the LEI is renewed automatically, so trading at Interactive Brokers is not interrupted. We also send free reminders before the LEI expires.
LEImint is not affiliated with Interactive Brokers. The name is used only to describe where the LEI is needed.
LEI for bank and broker accounts
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