Definitions for "Nominated account"
The account quoted on a record as the originating account for a particular organisation from which credit/debit transactions are to be distributed. OIN (Originator's Identification Number) The unique number given to participants who are authorised to use the Direct Debit Scheme.
an account into which the interest and money you have saved will be transferred into on each anniversary
an external bank account held in the same name as your RaboPlus account, which you nominate as being the linked account, for the purpose of transferring money either to or from your RaboPlus account