The Global Language of Business

3.7 Financial change

Financial changes refer to updates to information needed to process payments between business entities.

Changes to the financial information associated to a party or location do not require the allocation of a new GLN.

Change to tax registration number of legal entity

Same GLN: when the tax registration number of the legal entity changes

- Example: VAT (value added tax) registration number of the legal entity changes.

Change to financial account information

Same GLN: When the financial account information associated with the function changes.

- Example: Bank routing number was changed

- Example: Financial information associated to a GLN was removed and not replaced with new information

Relevant guiding principles: While many situations involving financial changes will not impact the guiding principles, certain scenarios may. Refer to section 1.1 for more details.


Which of the following best describes the primary purpose of your visit?

Success

Thank you for your feedback!

Were you able to find the information you were looking for on our website?

Success

Thank you for your feedback!