The purpose of this article is to enlighten you about all you need to know about scuml registration, the type of business that need SCUMl certificate and the process of scuml registration.
It is a known fact that majority of Business owners might have not heard about SCUML before until they get to their bank for Corporate Account opening or when their bank account is having issue and their banker requested that a SCUML certificate will be required before their bank account could be opened or active as the case by be.
What is SCUML, SCUML is an acronym for Special Control Unit Against Money Laundering.
This unit is a special unit in EFCC department that see to ensuring that some regulated nature of business are placed under watch against money laundering activities.
Your business, company or non- profit making organization needs SCUML REGISTRATION if it falls under the below listed nature of business- termed Regulated Nature of Business or Object clause as the case may be:
- Hotel and hospitality
- Real estate Dealers
- Construction
- Supermarket
- Automobile/ Car dealers
- Accountant / Auditors / Tax consultant
- Jewelries
- Legal Practitioners
- Metals
- Consultant and Consulting
- Clearing and forwarding companies
- Mortgage brokers
- Mechanized Farming
- Casino/Pool betting & lottery business
- Non Profit Organization
- Charitable/ Humanitarian Org ( International & Local)
- Religious Organization
- Association/Clubs/Societies
If your nature of business or object clause include any of the above listed businesses, definitely, you will need SCUML certificate.
The process of scuml registration is a seamless process as all of the registration are concluded online and certificate of registration is obtained at any nearest SCUML office to you once your certificate is ready for collection.
Does your nature of business or object clause include the above stated business, Start your SCUMl registration with us today.
Click here to get started.