What does 'Nomination' for a deposit account in the bank mean?

• A. Mandate given by the close relatives of the depositor to settle the death claim in case of death of the depositor
• B. Mandate decided by the bank to settle the death claim of its depositor
• C. Mandate of the depositor in favor of one or more persons to claim the amount on death of the deposito
• D. Mandate of the depositor in favor of a close relative who can claim the amount on death of the depositor