SECP introduce 8181 SMS Verification Service For Investors

SECP 8181 SMS Verification Service

8181 is a short code that was launched by the Securities and Exchange Commission of Pakistan (SECP) to verify the authentication of licensed and registered entities through SMS.

Due to the increase in the number of scams. The government of Pakistan has decided to introduce such a service. That can be performed by everyone through mobile and can save stakeholders from scams and fraud. As a result, all stakeholders will remain up-to-date about the registry (license) of a company/agent. And it will become easy for stakeholders to remain alert from fraud.

According to the latest notice of SECP (Securities and Exchange Commission of Pakistan), all investors should check the company information via SMS from this SECP Code before investing in it. If the company is unregistered or the title is unlicensed. Then never invest in such companies because you are going to waste your money.

See: BOP Apna Ghar Scheme

Hence, just use this magical code and know the full details about the validity of any company, license, agent, and modaraba. Here is what you have to do and what should be the format of your SMS.

8181 Company Verification Service

If you are going to invest in a company. Then before investing in it, just once send one SMS to 8181 and verify the company registration/license.

  • SMS <incorporation ID> to 8181

In the reply SMS, all the details about the company. Will be forward to you by the SECP – Securities and Exchange Commission of Pakistan.

License Verification Service

Let me tell you one fact this SMS service also verifies the license of companies through SMS. Follow these steps and send an SMS to verify:

  • SMS LV<space><incorporation ID> to 8181

In the reply SMS, the full details about the license of the provide incorporation ID. Will be forward to you by the SECP officials.

Agent Verification Service

Verifying any agent has become very easy and affordable. In addition, no time will be consume in this process. Follow the given step:

  • SMS <Agent ID> to 8181

Officials will process and search the agent id in their database. If found then you will get a positive verification reply. If not found then the negative reply will be receive in few minutes through SMS.

Modaraba Verification Service

The final service being provided by the 8181 officials is the Modaraba Verification Service. Follow the given step and verify the modaraba through SMS:

  • SMS MV<space><Modaraba authorization ID> to 8181

Finally, complete details about the Modaraba will be reply to you by the Securities and Exchange Commission of Pakistan (SECP) officials through SMS. Hence, we suggest our dear visitors to use this today and see the magic.

Conclusion

That’s it, it is that latest service that is specially launch for the investors. To make sure that their investments remain safe from fake companies. On the other hand, those friends who want to get regular updates about SECP policies, news, scam alerts, fake companies, and agents’ names and lists through SMS. Can subscribe to the SECP SMS alert Service by sending an SMS sub to 8181. GST taxes and regular charges will apply.

See: Tajir Dost Scheme

What is 8181 Code?

8181 is an SMS short code that is launch by SECP for investors to verify the companies, license, agent and modaraba.

Is there any charges to use this code?

Yes, each time you verify companies, license, agent or modaraba through SMS. Moreover, you have to pay standard SMS charges according to current rate.

Can we permanently subscribe SECP SMS alert SMS?

Yes, by sending SUB to 8181 you will subscribe to SECP SMS alert service. Hence, subscribe this service today for regular updates.

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