In case of non-fund facilities such as Letter of Credit, guarantee, etc., should the LEI validation be done at the issuance stage itself?

In case of non-fund facilities such as Letter of Credit, guarantee, etc., should the LEI validation be done at the issuance stage itself? https://www.taxtmi.com/manuals?id=5955 For non-fund facilities such as Letters of Credit and guarantees, Authorized Dealer banks must validate and ensure compliance with the Legal Entity Identifier (LEI) requirement at the point of issuance for cross-border transactions. en-us Wed, 27 Nov 2024 13:11:00 +0530 Wed, 27 Nov 2024 13:11:00 +0530 TaxTMI RSS Generator In case of non-fund facilities such as Letter of Credit, guarantee, etc., should the LEI validation be done at the issuance stage itself? https://www.taxtmi.com/manuals?id=5955 For non-fund facilities such as Letters of Credit and guarantees, Authorized Dealer banks must validate and ensure compliance with the Legal Entity Identifier (LEI) requirement at the point of issuance for cross-border transactions. Manuals FEMA Wed, 27 Nov 2024 13:11:00 +0530 https://www.taxtmi.com/manuals?id=5955