Your Nominated Account is the bank account you nominate at registration with Raisin UK. This would typically be your main current account. You pay in from your Nominated Account to your Transaction Account in order to invest in the saving products you selected, and you withdraw funds from your Transaction Account back to your Nominated Account.
You can nominate any account that is:
- Held with a bank, electronic money institution or building society in the UK.
- Held in your name, including sole and joint accounts.