Switching to Lloyds Bank

If you’re thinking of moving your current account, the Current Account Switch Service can make it happen quicker than ever before. You can now switch to us in just 7 working days.

4 reasons why you should bank with Lloyds Bank...

  • Up to 1,300 branches that even open on a Saturday
  • 24/7 online, mobile and telephone banking
  • Nationwide access to our Cashpoint machines
  • Access to your money via Post Offices

Our Switching Service

You can switch to either our Classic account or Club Lloyds current account online,you'll be able to switch at the end of your online application.

If you would like to switch to one of our other current accounts, or would like to switch a joint account, please visit your local branch.

  • Internet Banking, Mobile Banking and Telephone Banking (PhoneBank®) services, available 24 hours a day, 7 days a week.**
  • A Visa debit card you can use in over 500,000 places in the UK and 18 million outlets worldwide.
  • No charges when you use your debit card to withdraw cash from Lloyds Bank ATMs. You can also withdraw cash free of charge from over 63,000 ATMs throughout the UK, in the LINK network. (This doesn’t apply to customers who have a Cash Account).
  • Send money to almost anywhere in the world, from almost anywhere in the world with our International Payments service

How to switch

New customers

In just 7 working days you’ll have your new current account set up and ready to use. With our Classic account or Club Lloyds current account, you can enjoy a number of benefits including access to up to 1,300 branches and 24/7 access to your money via online, mobile or telephone banking. You'll need your debit card or details of the account you wish to switch from with you.

    Existing customers

    If you already have an account with us, complete our simple online switching form. You’ll need your debit card or details of the account you wish to switch from with you.

      Useful links

      We can help you choose the right product with our simple guides.

      In just seven working days you’ll have your new current account set up and ready to use. When you’ve decided to switch go online, visit us in branch or call us and let us know. You’ll need your debit card or details of the account you want to switch from with you.

      We will agree a switch date (which can be anytime from seven working days from now, or up to 30 days if you’re not ready to switch just yet). You can use your old account as normal up until the switch date.

      We will also transfer any remaining balance from your old account to your new one or, if you have a debit balance in your old account, we can arrange to transfer money from your new account to pay off the amount. From the switch date we will start making payments from your Lloyds Bank account.

      We will work with your old bank to close your account so you don’t need to. You will be provided with a copy of the Current Account Switch Guarantee, Current Account Switch Agreement and Account Closure Instruction for your existing account, which together provide details of the Current Account Switch Service.

      With the Current Account Switch Service your old bank account will be closed onthe switch date.

      What is the Current Account Switch Service?

      It’s a free service that lets you switch your current account from one participating bank or building society to another. It’s been designed to be simple, reliable and hassle-free, and is backed by the Current Account Switch Guarantee.

      Can I switch my account on a date that suits me?

      Yes. You can choose and agree a date with Lloyds Bank, and we’ll start the process six working days before that date (working days are Mon – Fri, excluding bank and public holidays).

      What happens if there is a mistake or unnecessary delay in the Current Account Switch process?

      The Current Account Switch Service is backed by the Current Account Switch Guarantee. This guarantees that any charges or interest incurred on your old or new account as a result of a failure in the switching process, will be refunded when you bring this to our attention.

      Will switching my current account affect my credit rating?

      No. As long as you repay any outstanding overdraft(s) on your previous account(s) with your old bank or building society. If you have any problems with payments (as part of the switching process) we’ll correct them and make sure your credit rating isn’t affected.

      What if I change my mind?

      You can cancel your switch up to seven working days before your switch date. After that, only certain parts can be cancelled but your old bank account will still close. You might want to consider waiting until after your switch date. You can then ask another bank or building society to switch your account from us. Please note that you may not be able to switch back to your old bank or to the type of current account you held with your old bank.

      Why does the old bank account have to close for a full switch?

      A key benefit of the service is the 13 month redirection service. For this to work the old account must be closed.

      What type of accounts can I switch using the Current Account Switch Service?

      The Current Account Switch Service is for current accounts only. If you want to switch other account types such as a savings account, we could still help – just ask.

      If you would like to switch to one of our other current accounts, or would like to switch a joint account, please visit your local branch.

      Can I transfer funds from my new account to pay off a debit balance at my old account?

      Yes. We can arrange for an amount to be transferred to your old account on your switch date. Please ensure you have sufficient funds or an agreed overdraft in your Lloyds Bank current account on the day before, and on your switch date.

      What happens to any debit card transactions that I have asked my old bank to stop?

      The Current Account Switch Service should not interfere with this process, and any debit card transactions that you have asked your bank to stop should remain so after your switch.

      Can I prevent my new account details being given to someone who sends one-off payments to my old account?

      You may be able to transfer your payments to Lloyds Bank without redirecting payments from your old account, and you should discuss this requirement with us.

      To help you during your switch, we may be able to arrange an interest and fee free Planned Overdraft for 3 months, subject to application and approval.

      Are you eligible for the overdraft offer?


      To qualify for the interest and fee-free period you must :

      • Be switching your account to Lloyds Bank using our switching team
      • Close your current account with your previous provider
      • Have not used the switching and fee free 3 month offer in the last 12 months
      • Have applied and been approved for a Planned Overdraft on your Lloyds Bank account

      If you’re eligible, you’ll have the interest and fee-free offer applied to your Planned Overdraft automatically, when we receive a completed switcher application form. We’ll also send a letter to confirm the start date of when the offer will be applied to your Planned Overdraft.

      If you don’t receive this letter, you’re not eligible for the interest and fee-free overdraft offer. Your switch application will still be processed as soon as it arrives with our Switching Team.

      Any questions on the switcher overdraft offer? Just call us on 08456 049 956*