Nominated Account definition
Examples of Nominated Account in a sentence
We may require a signed direct debit request form from you authorising us to debit your Nominated Account.
Payment Account All payments of principal, interest and fees will be debited to your Nominated Account, or such other account acceptable to us.
Prior to receipt of funds in the Merchant Currency into the Nominated Account, the Merchant will be able to view the foreign exchange rate to be applied via either the GoCardless dashboard or the API.
The Merchant acknowledges that it is responsible for ensuring that GoCardless has, at all times, the correct details for the Nominated Account.
If a Lodgement by way of DD/ACH does not reach the Nominated Account due to insufficient funds or for any other reason, You must then complete the Lodgement by way of wire transfer to Us so that the Lodgement is not delayed.