What is a nominated account?

Modified on Mon, 27 Jul at 11:40 AM

Your nominated account is a bank, building society, or credit union account which you add to your Fairlo account. 


We will verify that this account belongs to you, and then you can use this account to receive withdrawals and make repayments. 


We only allow you to use your nominated account for withdrawals and repayments because this protects you from fraudulent activity and reduces the risk of money laundering.

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