FATCA reporting & counterparty KYC

Confirm the entity behind a GIIN or an LEI

A GIIN on a W-8BEN-E and an LEI on an onboarding pack are both self-supplied. TIN Comply checks them against the source registries — the IRS FATCA FFI list and GLEIF — and returns the registered legal name, jurisdiction and status, so you can see whether the counterparty is who the paperwork says.

Runs alongside IRS TIN matching and sanctions screening in the same submission.

LEI Validation Results Validated
LEI 969500E0BD5PO8N2HS42 Active
Legal name

GENECAR — Societe Generale de Courtage d'Assurances et de Reassurance

Legal form

SAS, société par actions simplifiée

Jurisdiction

France

Registered address

17 Cours Valmy, Tour Societe Generale, 92800 Puteaux

GLEIF Global LEI Registry LEI validated
IRS FATCA FFI Registry
GLEIF Global LEI System
Legal name & jurisdiction
Registration status
Included

Part of every TIN Comply plan from $20/mo — not a separate purchase. See pricing

The common thread

Both identifiers arrive as claims, not facts

A GIIN comes off a W-8BEN-E. An LEI comes off an onboarding form. In both cases the counterparty is telling you who they are, and in both cases there's an authoritative public registry that either agrees or doesn't. Checking takes a second; not checking surfaces years later.

FATCA

Withholding exposure

An entity that isn't actually on the FFI list may not hold the status its documentation claims — which can change your withholding position on payments to it.

KYC

Wrong entity, right name

Large groups run dozens of legally distinct entities under near-identical names. The LEI is what tells you which one you're actually contracting with.

Both

Lapsed registrations

Registrations expire. An identifier that validated at onboarding two years ago may be cancelled or unrenewed today, and nothing announces it.

Both are supplementary, and we'd rather be direct about that. IRS TIN matching remains the authoritative check for 1099 reporting, and sanctions screening is what determines whether a counterparty can be paid. GIIN and LEI add identity and registration context alongside those — they don't replace either, and they're reported separately so the distinction stays clear.

FATCA GIIN

Is this institution actually registered?

A Global Intermediary Identification Number is what the IRS issues to a foreign financial institution that has registered under FATCA. It looks like XXXXXX.XXXXX.XX.XXX and it either appears on the IRS FFI Registry or it doesn't.

  • Checked against the IRS FATCA FFI Registry — the published list, not a derived copy.
  • Returns registered company name and country, so you can compare against the W-8BEN-E.
  • Explains a miss — transposed characters, an expired or cancelled GIIN, or an entity that never completed registration.
  • Tells you what to ask for — the vendor's FATCA registration confirmation letter.

A missing GIIN may affect FATCA withholding obligations. That's a determination for your tax advisor — the lookup tells you what the registry says, not what to withhold.

FATCA / GIIN Validation Results Validated
GIIN found on the FFI Registry QQA6ZW.00000.BR.124
Company name

Societe Generale — Branch

Country

Canada

What this means

The entity is registered and active on the IRS FFI list, and compliant for FATCA reporting purposes.

Next step

Confirm the name here matches the entity on the W-8BEN-E. Retain the result for your audit file.

IRS FATCA FFI Registry GIIN validated
LEI Validation Results Not Found
No results found for this LEI The code wasn't found in the GLEIF Global LEI System. It may be incorrect, lapsed, or the entity may not have an active registration.
Common cause

A typo in the 20-character code, a lapsed LEI that hasn't been renewed, or an entity with no registered LEI at all.

Recommended action

Ask the counterparty to confirm the LEI from their registration, and check it's exactly 20 alphanumeric characters.

Supplementary — doesn't affect TIN matching or sanctions status LEI not found
Legal Entity Identifier

Which entity in the group is this, exactly?

An LEI is a 20-character code identifying one legally distinct entity in the Global LEI System. Where a company name is ambiguous across a group, the LEI isn't.

  • Checked against GLEIF, the Global LEI Foundation's public registry.
  • Returns registered legal name — the full one, not the trading name.
  • Legal form and jurisdiction, which is what distinguishes sibling entities in a group.
  • Registered address and status, so a lapsed registration is visible rather than assumed current.

The status field is the one worth watching. LEIs require periodic renewal, so a code that validated cleanly at onboarding can quietly lapse — and an expired LEI is a reporting problem long before anyone notices it in a contract.

Who uses these

Different team, same submission

These identifiers usually matter to compliance, treasury and KYC rather than to AP — but they run in the same call and land in the same audit trail.

FATCA reporting

Confirm a foreign financial institution's registration before relying on the status it claims on a W-8BEN-E.

KYC & onboarding

Pin down exactly which legal entity you're contracting with, in a group where names repeat.

Periodic refresh

Re-validate identifiers on a cycle, because registrations lapse without notifying anyone.

FAQ

Questions about GIIN and LEI validation

What is a GIIN?

A Global Intermediary Identification Number — the identifier the IRS issues to a foreign financial institution that has registered under FATCA. It's formatted XXXXXX.XXXXX.XX.XXX and appears on the IRS Foreign Financial Institution Registry, which is what a GIIN validation checks against.

Why validate a GIIN at all?

Because a GIIN supplied on a W-8BEN-E is a self-certification. If the number isn't actually on the IRS FFI list, the entity may not be registered, may have been deregistered, or the number may simply be mistyped.

A missing or invalid GIIN can affect FATCA withholding obligations — a determination to make with your tax advisor rather than from a lookup alone.

What does a GIIN validation return?

On a hit: the registered company name and country as listed on the FFI Registry, so you can compare them against the entity name on the W-8BEN-E.

On a miss: the likely cause — transposed characters, an expired or cancelled registration, or an entity that hasn't completed FATCA registration — plus what to request from the vendor.

What is an LEI?

A Legal Entity Identifier: a 20-character alphanumeric code identifying a legally distinct entity participating in financial transactions. It's issued under the Global LEI System and maintained by GLEIF, and is widely used for regulatory reporting and counterparty identification.

What does an LEI validation return?

The registered legal name, legal form, jurisdiction, registered address, and the registration status such as Active — so you can confirm the counterparty is the entity you think it is, and that the registration hasn't lapsed.

Do these affect TIN matching or sanctions status?

No — both are supplementary, and the product says so on the result itself. IRS TIN matching remains authoritative for 1099 reporting, and sanctions screening determines whether a counterparty can be paid.

GIIN and LEI add entity identity and registration context alongside those. Keeping the distinction visible matters more than making the result look decisive.

Check the identifier, not just the paperwork

Validate GIINs against the IRS FFI Registry and LEIs against GLEIF — in the same submission as TIN matching and sanctions screening, with the result kept in your audit trail.

Supplementary to TIN matching and sanctions — reported separately, always.