The Business Current Account is changing

The Business Current Account is changing

Because we’re making some changes to our Business Current Account, we’re pausing applications until the new account launches. To apply, please come back after 10am on Monday 26 February when we’ll be ready for your application. We’re sorry if this causes any inconvenience. 

Our business bank accounts

Small businesses and start-ups

  • Annual turnover under £3 million

  • Free day-to -day business banking for a year*

  • Access to business management experts

Small business account

Larger businesses

  • Annual turnover £3 million to £25 million

  • Choice of tariffs

  • Dedicated Relationship Manager

Larger business accounts

Professional practices

  • For professional practices holding client money

  • Instant access to accounts

  • Segregated accounts available

Client accounts

Community bank accounts

School Account

Our School Bank Account has been specifically designed for state-funded schools and academies based on the things that we know are important to you.

School Bank Account

Credit Union Account

For those providing a springboard for people to move into mainstream banking we have designed a package of banking services specifically for community credit unions. 

Credit Union Account

Treasurer’s Account

If you run a non-profit organisation with a turnover of up to £50k, then let us take the hassle out of your banking so that you can spend your time on what matters most. 

Treasurer’s Account

Why open a business bank account with us?

Business bank accounts you can trust

We’ve been by the side of British businesses for over 250 years. Today, we help more than a million1 people take care of their business finances. So when you open an account with us, you know you’re in safe hands.

Flexible ways to bank

Bank in whatever way suits your business - online, in the app, over the phone or in branch.

Payment options

Take and make payments in-person and online easily and securely.

Expert support

Access our business management team or a relationship manager if you’re a larger business.

Business resources

Grow your digital business skills for free with our online training, webinars and more.

Borrow up to £5,000

Small businesses could apply for up to £5,000 across a Business Overdraft or Business Credit Card**. 

Trusted by many

Join over a million small and medium UK businesses1 that already bank with us.

“Lloyds Bank really understand our business and have supported our growth while still helping us to maintain our small business values.”

Andrew Pountney
Managing Director at Andyfreight

Digital business banking

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Business banking in the palm of your hands

Wherever work takes you, keep on top of your business finances with our secure banking app. 

Business banking app
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Business banking online

Everyday banking and staying in control of your accounts is easy with online business banking. 

Online banking for businesses
The FD's excellence awards 2005-2021. Busines Bank of the Year


Best Service from a Business Bank
Moneyfacts Business Awards 2022

Highly Commended

Business Start-Up Bank of the Year
Moneyfacts Business Awards 2022


Business Bank of the Year
FDs’ Excellence Awards 2005 - 2021

Print Clever logo

Supporting UK Businesses

“With the Bank’s support over the last decade, we’ve been able to adapt and expand to become the business we are today.”

Ryan Acres

Business account cards

Business Debit Card

With no annual fee and contactless limits of £100, our Business Debit Cards are an affordable way to manage your daily expenses.

Business debit cards

Business Cashpoint® Card

Use this card to cover unexpected expenses like taxis, withdraw cash at 1.9 million UK cash machines and deposit funds in branch.

Business Cashpoint® Cards


Other products you may be interested in

Accounting software – Business Finance Assistant

Business Finance Assistant is free for Lloyds Bank business account holders

Connect Business Finance Assistant to your business accounts to predict cash flow, submit digital VAT returns and much more.

Business Finance Assistant

Taking card payments

From card readers to online payments

We can help you accept card payments online, over the phone or face to face, no matter the size of your business.

Lloyds Bank Cardnet


See how we compare in the market

Review alternative sources of business finance and compare products and services.

Alternative Business Funding 

Funding options

Funding Xchange


Grow your digital skills online

Women using laptop

Take part in our free lessons and workshops to help your business thrive in a digital world.

View resources

1 Lloyds Banking Group PLC – 2021 Annual Report

* Free day-to-day business banking  for 12 months applies to small businesses, including individuals setting up their first business bank account, and includes:

  • electronic payments
  • cheques
  • cash
  • deposits and withdrawals.

All we ask is that you operate your account in credit or within agreed limits.

Free electronic payments include:

  • UK sterling direct debits
  • standing orders
  • debit card transactions
  • Lloyds Bank/Other Bank ATM Withdrawals as indicated
  • Internet/Phonebank Debits/Credits
  • Faster Payments debits and credits
  • internet bulk payments
  • automated credits.

**Apply online once your new Business Current Account is set up and you’ll get an instant decision. Eligibility for lending will be assessed as part of a separate application, and there is no guarantee of lending being granted. All lending is subject to status. 

Independent service quality survey results

Business current accounts

Published February 2024

As part of a regulatory requirement, an independent survey was conducted to ask approximately 1,200 customers of each of the 15 largest business current account providers if they would recommend their provider to other small and medium-sized enterprises (SMEs*). The results represent the view of customers who took part in the survey.

Overall service quality

We asked customers how likely they would be to recommend their business current account provider to other SMEs.

*SMEs include businesses, clubs, charities and societies with an annual turnover/income of up to £25m (exclusive of VAT and other turnover-related taxes).


Business current accounts overall service quality survey results: 1st monzo 84%, 2nd Starling Bank 83%, equal 3rd Tide 74%, equal 3rd Handelsbanken 74%, 5th Metro Bank 65%, equal 6th Lloyds Bank 60%.

View the full set of results

The requirement to publish the Financial Conduct Authority Service Quality Information for business current accounts can be found here

Important Legal Information

Calls may be monitored or recorded in case we need to check we have carried out your instructions correctly and to help improve our quality of service.

The products and services outlined on this site may be offered by legal entities from across Lloyds Banking Group, including Lloyds Bank plc and Lloyds Bank Corporate Markets plc. Lloyds Bank plc and Lloyds Bank Corporate Markets plc are separate legal entities within the Lloyds Banking Group.

Lloyds Bank is a trading name of Lloyds Bank plc, Bank of Scotland plc and Lloyds Bank Corporate Markets plc. Lloyds Bank plc. Registered Office: 25 Gresham Street, London EC2V 7HN. Registered in England and Wales no.2065. Bank of Scotland plc. Registered Office: The Mound, Edinburgh EH1 1YZ. Registered in Scotland no. SC327000. Lloyds Bank Corporate Markets plc. Registered office 25 Gresham Street, London EC2V 7HN. Registered in England and Wales no. 10399850. Authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority under registration number 119278, 169628 and 763256 respectively.

We adhere to The Standards of Lending Practice which are monitored and enforced by the LSB:

Eligible deposits with us are protected by the Financial Services Compensation Scheme (FSCS). We are covered by the Financial Ombudsman Service (FOS). Please note that due to FSCS and FOS eligibility criteria not all business customers will be covered.