What is a nominated account?
The account that you provide as your nominated account will be the account to which any withdrawal that you make online from any of your Kent Reliance accounts will be paid (including any withdrawal you make online from any existing joint account).
You must provide a valid UK bank/building society current account as your nominated account. We will electronically verify that this account is held in your name (or in the name of the first applicant in the case of a new joint account application) and you may be requested to provide additional evidence (eg an account statement) if we are unable to verify this information electronically.
Nominated bank account details are linked to the account holder and not the account itself. All withdrawal requests made online will be deposited to the nominated bank account that you provide when opening your latest account online. It is your responsibility to ensure that this nominated bank account remains to accept funds. On a joint account, each account holder has the authority to change their own nominated bank account without the prior consent or knowledge of the other account holder. This change can either be requested or is automatically made when either of the account holders opens a new account and provides different nominated bank account details. Any change to the nominated bank account made by either account holder will only reflect on their own online record and will not change the other account holder's nominated bank account.