Terms and Conditions
The LEI service is provided by Dreams Merchant. Dreams Merchant is an Official Registration Agent of RapidLEI, Ubisecure.
- The words conveying singular number shall also include the plural as the context shall admit and words conveying masculine gender shall also include the feminine gender.
- To apply for an LEI code, fill in the application form, submit your data and pay for the service by net banking, UPI, credit card or PayPal.
- The Applicant agrees that while submitting the form the Applicant accepts the terms and conditions.
- The Applicant gives all rights to Dreams Merchant to apply for an LEI code on behalf of the Applicant. The Applicant confirms that the Applicant has the full authority to apply for an LEI on behalf of the Legal Entity.
- Dreams Merchant will start with the LEI registration process shortly after the Applicant has made the payment. The Applicant is aware that the Applicant may be contacted to supply a Letter of Authorization (Power of Attorney) or any other proof that the Applicant is authorized to apply for an LEI on behalf of the Entity.
- The LEI code will be issued as soon as possible after the payment has been made. In most cases, the LEI code will be issued in 24 hours. However, in some cases, it may take up to a full week. The LEI renewal/transfer process can take up to 7 days.
- If the Applicant has submitted insufficient data, Dreams Merchant will contact the Applicant via e-mail or submitted telephone number.
- The purchase will be counted as final if the data has been submitted and the funds paid.
- Dreams Merchant has the right to deny the application. In cases of denial, Dreams Merchant will refund the Applicant the amount paid minus the cost to cover the refund fees.
- For the convenience of the Applicant, Dreams Merchant offers a service to prepay renewal fees in advance for 1 year, 3 years or 5 years. If the Applicant has bought LEI renewal service for 2 or 5 years, Dreams Merchant will cover the renewal cost for the period bought and renew the Company data in the GLEIF database every year accordingly with the data provided in the public company registry.
- Dreams Merchant will ask the Applicant for an e-mail to confirm the data extracted from the company registry before submitting it for the next renewal. If the Applicant does not respond within 5 weekdays, Dreams Merchant will update the data according to the public company registry and submit it to the GLEIF database through a relevant LOU.
- Regardless if the Applicant has bought renewal service for 1 year to 5 years, LEI data will be updated every year accordingly. Hence the "NEXT RENEWAL DATE" in the GLEIF database is always not more than 1 year in the future.
- Governing Law: This agreement and any dispute or claim (including non-contractual disputes or claims) arising out of or in connection with it or its subject matter or formation shall be governed by and construed by the Law of India.
- Jurisdiction: Each Party irrevocably agrees that the Courts of Mumbai, India shall have exclusive jurisdiction to settle any dispute or claim (including non-contractual disputes or claims) arising out of or in connection with this agreement or its subject matter or formation.
- Prices and Payment Terms:
- Applicable prices are shown on the subpage LEI.
- Dreams Merchant will not charge the Applicant for managing the LEI code. The Applicant will be charged only for applying for an LEI or renewal of the LEI code.
- We accept credit card and PayPal payments. Dreams Merchant does not store credit card data.
- Credit card payments are processed by a third party and data submitted will be stored safely in their database. This data is not bypassed by Dreams Merchant.
- Payments will be accepted in INR, EURO, POUND and USD.