Examples of Nominated Account in a sentence
If interest is to be paid to you, it will be credited to your Nominated Account on each interest payment date.
If interest is to be paid by you, the amount may be debited from your Nominated Account if it is an ANZ account (or, if it is an account with a bank other than ANZ, if you have provided authority to do so) or if you have nominated an Austraclear account we will send a request through the Austraclear system for you to make payment.
Otherwise, we will debit the Save from your Nominated Account by using your stored payment card and transfer the funds to your specified Savings Account(s).
Lump sum contributions into Saving Accounts can be made either through the Chip app or directly via direct bank transfer from your linked Nominated Account using your individual sort code and account number of the Savings Account (depending on the Saving Account partner bank’s specific terms and conditions).
With your consent, and at your instruction, we instruct your payment account provider (e.g. your bank) (“Payment Account Provider”) to make a payment or payments from your selected payment account (your “Payment Account”, this must be your Nominated Account) to the chosen third parties only that we partner with to offer selected products e.g. Investment Accounts.