A Nominated Account is the personal bank account you use to send money to Sidekick and receive money back from Sidekick. For security and anti-fraud reasons, we only allow deposits and withdrawals to/from your nominated account(s).
Key points to know
Your nominated account must be:
A personal current account in your own name only.
Joint accounts and business accounts can’t be used.
With a supported bank provider (see providers we support here)
The same account you use for your first transfer.
Your first deposit must come from a nominated account you’ve already shared statements for (if we’ve asked).Used for both deposits and withdrawals.
We can’t send withdrawals to an account that isn’t nominated.
Why we require nominated accounts
To confirm the account belongs to you (protects you from fraud).
To make sure money only moves between Sidekick and verified accounts.
To meet UK Anti Money Laundering requirements
If you try to fund from a different account
If you send a deposit from an account that isn’t nominated (or you haven’t provided statements for when requested), we may need to:
Pause the deposit, and/or
Ask for updated bank statements before we can proceed.