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What is a nominated account?

POSTED: 21st August 2018
IN: Personal Savings FAQs
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A nominated account is a UK bank or building society account that you can transfer money from and send money to. You must be named as an account holder on this account. All deposits into your Aldermore account must come from your nominated account and any withdrawals out of your Aldermore account (including interest payments) will be sent to your nominated account. If you haven’t registered a nominated account with us, or if you send payments from an account other than your nominated account, your payments will not be accepted and will be returned.

If you want to add or change your nominated account, you can do so by logging into your account, selecting Amend Details > Nominated Account and following the on-screen instructions.

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