These Terms of Use, otherwise known as “Agreement” is an agreement between you and The
BIG MULTIMILLA INTERNATIONAL LTD (the “Company” or “Us” or “We”). These terms of use will govern your use of ‘MULTIMILLA’ and its services and products (the “Product” or “Platform”).
While using Our Service, We may ask You to provide Us with certain personally identifiable information that can be used to contact or identify You. Personally identifiable information may include, but is not limited to:
Email address
Full name
Phone number
Usage Data
Usage Data is collected automatically when using the Service.
Usage Data may include information such as Your Device's Internet Protocol address (e.g. the pages of our Service that You visit, the time and date of Your visit and other diagnostic data.
We may also collect information that Your browser sends whenever You visit our Service or when You access the Service by or through a mobile device.
Eligibility for the Platform
To be eligible to use the Multimilla Platform, you must:
1. Complete the registration process.
2. Be at least 18 years of age if you are an individual, and possess the authority to accept the terms of use on behalf of your company if applicable.
3. Have not been previously suspended or banned from using the Multimilla Platform.
4. Pass all KYC and compliance requirements.
5. Comply with all applicable laws and regulations, including but not limited to those concerning anti-money laundering, anti-corruption, and counter-terrorist financing.
Contribution cycle policy
You contribute to a cycle, and when you reach the Number 1 position in your contribution cycle, you receive payments from the last 4 people who joined under you.
For example, if you're on the ₦8,000 package and you reach the Number 1 spot in your cycle, the contributions from the 4 people directly under you (₦8,000 × 4 = ₦32,000) will be sent instantly to your Wallet Balance.
Important Notes:
Open Charges Policy
We do not charge for any instant transactions such as withdrawals, deposits, airtime purchases, or other bill payments.
Instead, we apply a single monthly maintenance fee of just 0.008%.
This fee is calculated based on the total value of all your transactions for the month, including deposits, withdrawals, airtime, and bill services.
This approach ensures a simple, fair, and predictable fee structure—no hidden charges, ever.
Money laundering has emerged as a significant vehicle for funding major atrocities around the globe, including wars, terrorism, government corruption, human trafficking, the illegal arms trade, and drug trafficking, among others. In response, several governments, including Nigeria's, have enacted laws, rules, and regulations aimed at eradicating money laundering and mitigating its detrimental effects.
Notable among these are the Money Laundering (Prohibition) Act, 2011 (as amended), the Terrorism (Prevention) Act, 2011 (as amended), and the Central Bank of Nigeria's regulations on anti-money laundering and combating the financing of terrorism in banks and other financial institutions, issued in 2013.
As a responsible organization, Multimilla is firmly opposed to money laundering and is dedicated to fully complying with Nigeria's anti-money laundering laws. We recognize the challenges and risks associated with digital asset transactions, which often serve as a popular conduit for money laundering. To safeguard our company from illicit activities, we have established robust policies and structures aligned with all relevant laws and regulations aimed at combating money laundering. Additionally, we have implemented independent measures that we believe strengthen our efforts to prevent money laundering on our platform.
Our policies and structures are regularly updated to ensure compliance with evolving regulations and adherence to international best practices. In alignment with current money-laundering laws and regulations, as well as global standards, we have undertaken the following actions:
a) Established a compliance unit led by a compliance officer who oversees the implementation of our anti-money laundering policies in accordance with government guidelines;
b) Registered with the Special Control Unit against Money Laundering of the Economic and Financial Crimes Commission (EFCC) and collaborate with the Commission as necessary;
c) Committed to developing vetting systems designed to manage and mitigate money laundering risks, identify suspicious transactions, and report them to relevant authorities;
d) Conducted reviews to identify potential money-laundering risks and report these to the appropriate authorities;
e) Established transaction limits that are regularly assessed in line with government policy or industry standards;
f) Continuously cooperate with investigative efforts of security agencies and relevant government bodies by placing a lien on accounts under investigation for fraud, money laundering, or any other criminal misconduct;
g) Conduct regular background checks on suspicious users based on their transaction activities within our platform.