Move your business account to us

Moving your account to us takes just seven working days. We offer a simple and reliable service with a dedicated team who will manage the switching process. Our aim is to give you products and services that match the growth ambitions of your business.

Features and benefits

  • Move your account in just seven working days.
  • Get six months free business banking*.
  • Manage your account online, via Mobile Banking, over the phone or in-branch.
  • Get our free text message alerts service direct to your mobile phone
  • Get expert support from our business management team.
  • Select a Monthly PricePlan or an alternative tariff once your free banking period is over.

You can choose between two ways to switch your account to us: the Current Account Switch Service or the Transfer of Payment Arrangement Service. More details of both are outlined below.

We will:

  • arrange for your old bank to close your previous account and transfer any credit balance to your new Lloyds Bank account
  • transfer all incoming and outgoing payments within the seven working day guarantee
  • redirect all payments to and from your old account to your new account within a 13-month period

If anything goes wrong with the switch, as soon as we are told we will refund any interest or charges you have incurred on your old or new account as a result of a delay caused by us. This does not cover changes or interest resulting from required tasks you or your old bank do not complete.

You can:

  • specify the payments you would like us to transfer
  • ask us to transfer any outstanding credit and/or debit balance from your old account
  • choose whether or not you’d like us to arrange for your old bank to close your previous account.

When you switch, you’ll have the choice of whichever Monthly PricePlan is most suitable for your business. When your free banking period ends, you’ll automatically be placed on your chosen Monthly PricePlan, which gives you a set number of transactions each month for a fixed fee. You will also have the option of moving to one of our alternative tariffs if you think they are more appropriate for your business.

To apply for a Business Account for Switchers, you should:

  • require the account for business use
  • be a sole trader, partner or director
  • be aged 18 or over.

Easy-to-follow figures so you can make comparisons.

On the phone

0800 022 4388

Call us to talk to our business management team. We are available from 8am to 8pm Monday to Friday and 9am to 1pm on Saturday.

Our commitment to British business

We're committed to helping British businesses grow and develop by giving them the support they need – our Business Charter will tell you more.

Business Resource Centre

Businesses, new and established, will face fresh challenges and opportunities. Our comprehensive range of online business resources and tools are designed to help.

Internet Banking

Internet Banking puts you in control of your finances, giving you time to concentrate on what is important - your business.