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SavingsCHANGE OF NOMINATED BANK ACCOUNT Forms this form to inform us of your change of nominated bank account. You will need to complete it and send it to us along with a bank statement please note

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How to fill out change of nominated bank

01

To fill out a change of nominated bank, follow these steps:

02

Obtain the change of nominated bank form from your bank.

03

Read the instructions carefully and gather all the required documents.

04

Fill in your personal information, including your name, address, and contact details.

05

Provide your current bank details, such as the bank name, branch code, and account number.

06

Fill in the details of the new bank you wish to nominate, including the bank name, branch code, and account number.

07

Verify all the information provided and make sure it is accurate.

08

Sign and date the form.

09

Submit the completed form along with any supporting documents to your bank.

10

Keep a copy of the form and any other documents for your records.

11

Wait for confirmation from your bank regarding the change of nominated bank.

Who needs change of nominated bank?

01

Anyone who wants to change the bank they have nominated for certain financial transactions needs a change of nominated bank.

02

For example, if you have changed banks or want to switch to a different bank for payroll deposits, government benefits, or other similar purposes, you will require a change of nominated bank.

03

It is essential to ensure that your financial transactions are directed to the correct bank account, so anyone who needs such a change should obtain a change of nominated bank.

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What is change of nominated bank?

Change of nominated bank is a process where the account holder updates the bank details associated with their account.

Who is required to file change of nominated bank?

Any account holder who wants to update their nominated bank must file for a change of nominated bank.

How to fill out change of nominated bank?

To fill out change of nominated bank, the account holder needs to submit a form provided by their financial institution and provide the required information.

What is the purpose of change of nominated bank?

The purpose of change of nominated bank is to ensure that the account holder's funds are directed to the correct bank account.

What information must be reported on change of nominated bank?

The account holder must report their new bank account details, including the bank name, account number, and routing number.

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