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Nominated bank account

You can only have one bank account with myM&G. This is known as your nominated bank account. Your nominated bank account is the bank account that we will use for all payments in to and out of your investments with myM&G.

We will use this nominated bank account for all your investment accounts, with the exception of a joint investment account where you are the second holder. In this instance it will be the bank account associated with the first holder which we will use.

Your nominated bank account must be a UK bank account and you must be a named holder on that bank account. We will verify that this account belongs to you by electronic means, but in some cases additional supporting documentation may be required. Where this is the case we will contact you by secure message. If we do ask for additional documentation, it is important that you provide this to us as soon as possible, as any delays in bank account verification may restrict your ability to carry out transactions.

Please make sure you keep your bank account details up to date which will ensure that any payments due are made as quickly as possible.

Please note that we cannot accept details of building society accounts that have a roll number.