Payment of interest on closure - US dollar account

Interest on closure is a straightforward way of putting you in control of when your interest is paid. Your interest will continue to accrue each day, but instead of it being paid each month or each year, your interest will be paid only at the point at which you choose to close your account.

To close your account you will need to provide us with instructions of where you want us to transfer your funds to. This might be to an alternative savings account with Nationwide International or another bank or building society.

If you do close your account to receive your interest, remember that you can open another Nationwide International account at any time.

Once you have chosen the interest on closure option on an account, it will not be possible to change it to a different interest option for that account.