Data Universal Numbering System (DUNS) - Explained
What is the DUNS Number?
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What is the Data Universal Numbering System (DUNS) Number?
The Data Universal Numbering System (DUNS) number is a nine-digit unique identification number assigned to U.S. businesses by the Dun & Bradstreet company. It is popularly known as the social security number for businesses. This number system is also used by the United Nations and European Commission.
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How to Get a DUNS Number?
Dun and Bradstreet creates this number and adds the company to its database along with the company's name, address, phone number, number of employees, nature of the business and other details.
DUNS number can be obtained through the DUNS website. It may take up to 30 days to get one. It is provided free of cost to the U.S.-based businesses.
An authorized representative of the organization needs to complete the application process providing legal name, title, email address, mailing address, the total number of staffs and contact name of the company.
When was the DUNS Number Created?
Dun and Bradstreet introduced this numbering system for their business credit reporting system. In October 1994, it was adopted by the federal government as the standard business identifier.
Who Can Get a DUNS Number?
The Data Universal Numbering System lists over 260 million companies globally including big corporations, small enterprises, partnerships, and non-profit organizations.
It can be issued to any business across the globe.
When is a DUNS Number Required?
Businesses need to have the DUNS number as well as the Employer Identification number for working with certain U.S government agencies. Some United Nations offices and Australian government agencies also ask for the DUNS number from certain businesses.
On June 27, 2003, the U.S. Office of Management and Budget announced that a DUNS number is mandatory for applying for grants.
What is the Data Universal Numbering System +4
A DUNS+4, also known as Electronic Funds Transfer (EFT) indicator, a unique nine-digit number provided by the Dun and Bradstreet. It includes a four-character suffix. The suffix contains four alphanumeric characters to establish additional CCR records for identifying alternative Electronic fund transfer accounts for the same parent company.
It doesn't have any other significance and it is not tracked by the Dun and Bradstreet. DUNS+4 is