Moneymarket is a people community, which help each other for free, and absolutely consciously, they transfer money directly to each other .i.e. peer-to-peer, from one bank account to another, without any conditions, guarantees and promises.
Just only because they want to do that. Because it is a good deal to help each other. It means the peer-to-peer donation as it is. There is no formal organization, no legal person in Moneymarket. And of course there is no central bank account, no other activity in any form. Neither close, nor open. There is nothing! There are only participants, simple private persons all over Nigeria. And nothing more. And of course there is no special registrations, permission and licenses in here.
Thus, Moneymarket is absolutely legal and does not break any laws. Because there are only money transfers between private persons and nothing more. It is impossible to forbid Moneymarket. The same way it is impossible to forbid people from managing their own money the way they like. Thus they need to forbid the whole private property institution. So everything is absolutely clear with the lawfulness.
There are no violations and they won’t be! Let’s now talk about the other. About honesty. It is important to underline, that Moneymarket doesn’t cheat or abuse anyone. In other words it is not a cheat or fraud in any case! Everyone is informed about the possible and impossible risks fully and from the very beginning (And everyone put a mark during the registration, confirming that he was informed about the warning.
Moneymarket respects the privacy of all its users and is committed to guard it in all respects. To find out how user information collected at the website is protected, please read the following private policy document. Please note that Moneymarket can make changes to this private policy from time to time. Keep checking this page to know more about the updated private policies.
REGISTER AND TELL YOUR FRIENDS AND FAMILY.
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