This account is designed for those who want to save money but only need to make a limited number of withdrawals and want to manage their account online.
‘Nominated Account’ means the account which you have nominated to make withdrawals into which is either:
- a current account or savings account held with Nationwide in your name (either held in your sole name or jointly); or
- a current account held with another UK provider on which you are a named account holder with the same address on record as for this account, and which can receive payments in by Faster Payments.