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What is a nominated account?

Your ‘Nominated Account’ is the only business account that can pay into or receive withdrawals from your Tide Instant Saver. If you send payments from anywhere other than your Nominated Account, your payments will be returned (Bounce). 

When you open a Tide Instant Saver your Tide Business Account provided by ClearBank will be set as your Nominated Account. You cannot use your Tide e-money account or an account provided by another bank or financial institution (a ‘Non-Tide Account’) as your Nominated Account. 

Tide Members who opened a Tide Instant Saver and selected a Non-Tide Account as their Nominated Account prior to 22.07.2024 can continue to use this account as their Nominated Account.

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