Accounts for larger businesses

Whatever your business context and growth ambitions, we have the tools, products and expertise to help you achieve your goals.

Ready to apply?

In order for us to point you in the right direction we need to ask you a few questions.

Enquire online
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Sorry we only provide banking services to businesses operating within the UK  

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I would like to:
 

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If you’re an existing client looking to open an additional business current account for the same legal entity, please log on and apply. For other enquiries and support, please contact your dedicated relationship managerIf you have a dedicated relationship manager you will have a direct number for one of our team members. Otherwise please visit our contact us page to get in touch..

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Sorry we only provide banking services to businesses operating within the UK  

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Business Current Account enquiry

One of our team members will contact you to discuss how we can support your business.

The information provided will be used by Lloyds Bank to forward your enquiry to the correct team and to provide our response. Some fields are mandatory (marked *) to ensure we have all the information needed to respond to you. For full information about how we use client personal data, please view our privacy notice.
 

This is your projected income generated from the sale of goods or provision of services. We will work with you to verify this forecast later in the process.
UK based mobile and landline numbers
Submit
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Key features

Specialist support for your business needs

  • Manage your account online, over the phone or through our extensive branch network.
  • Enjoy expert support from your dedicated relationship manager.
  • Access financial support, including business loans, asset finance, overdrafts, invoice finance and credit cards.
  • Access a range of savings and deposit accounts.
  • Choose the tariff that best meets your business needs.

Please take some time to read the product terms and conditions

Rates and charges

Business Extra Tariff

Do you plan to use our branches on a regular basis – for example, to pay in cheques or withdraw cash? This may be your preferred option.

Electronic Business Tariff

Will most of your banking be electronic – for example, Internet Banking, automated payment methods or ATMs? This may be your preferred option.

Compare

Find out how your rates would compare under the two tariffs.

Rates and charges

Apply

What you need to know before applying

To apply, you:

  • should have an annual turnover between £3 million and £25 million
  • may need lending over £250,000 and access to a broader range of products
  • require the account for business use.

 

If your annual turnover is below £3 million, please see our account for smaller businesses.

This type of account is suitable for:

  • new Lloyds Bank business customers; for example, if you’re looking to switch your banking relationship
  • existing Lloyds Bank business customers; for example, if you’d like to open a secondary account or establish a new legal entity within an existing group.

 

We've worked with other providers of UK business banking accounts to help you prepare the information we’ll need from you.

UK Finance business account opening guide

Switching to us is easy


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 for at least three years
  • refund you for any interest or charges incurred on your old or new account as a result of an unlikely delay caused by us.

Current Account Switch Guarantee (PDF, 65KB)

Current Account Switch Guide (PDF, 71KB)

How to apply

Ready to apply?

In order for us to point you in the right direction we need to ask you a few questions.

Enquire online
< Back
< Back
< Back
< Back

Sorry we only provide banking services to businesses operating within the UK  

< Back

I would like to:
 

< Back
< Back

If you’re an existing client looking to open an additional business current account for the same legal entity, please log on and apply. For other enquiries and support, please contact your dedicated relationship managerIf you have a dedicated relationship manager you will have a direct number for one of our team members. Otherwise please visit our contact us page to get in touch..

< Back
< Back
< Back

Sorry we only provide banking services to businesses operating within the UK  

< Back

Business Current Account enquiry

One of our team members will contact you to discuss how we can support your business.

The information provided will be used by Lloyds Bank to forward your enquiry to the correct team and to provide our response. Some fields are mandatory (marked *) to ensure we have all the information needed to respond to you. For full information about how we use client personal data, please view our privacy notice.
 

This is your projected income generated from the sale of goods or provision of services. We will work with you to verify this forecast later in the process.
UK based mobile and landline numbers
Submit
< Back
< Back
< Back

Or talk to one of our relationship managers by calling 0345 072 5555.

We're available Monday to Friday from 7am to 8pm and Saturday from 9am to 2pm, except on UK bank holidays.

Existing customers

Do you already have an account?

If you’re already a Lloyds Bank business customer and looking to open an additional business current account for the same legal entity, please log on and apply. For other enquiries and support, please contact your relationship managerIf you have a dedicated relationship manager you will have a direct number for one of our team members. Otherwise please visit our contact us page to get in touch..

Have you charged the funds in your account to a 3rd party?

Pledged Accounts can apply to any lending structure in any sector where the 3rd party takes security in the form of a charge against a named account held with Us, requiring you to request that We waive Our right of set off on the balances and recognise the 3rd party’s claim should you default on your obligations to the 3rd party charge holder.

  • Instant access to funds: as long as cleared funds are available.
  • The accounts will continue to run in line with your existing Current Account product Terms and Conditions and mandate unless we are notified of your default.
  • In the event that we are notified of your default, Pledged Accounts have the functionality to allow the 3rd party charge holder to take control of the funds† (subject to Know Your Customer compliance meeting the Bank’s standards).
  • 3rd party and Client are able to view Pledged Accounts via Our online digital channel, as long as both parties are set up via Our client.

†Please note, until the point you default, you will have the sole right to amend account level mandate set up and payment approvals as you will remain the Primary Administrator.

Read the Lloyds Bank Pledged Account Factsheet (PDF, 157KB).

Terms around pledging the funds in your Current Account are governed by the Commercial Current Account Terms found in Product Terms And Conditions.

Further resources 

Financial Services Compensation Scheme

Eligible deposits with Lloyds Bank plc are protected up to a total of £85,000. Due to eligibility criteria, not all business customers will be covered.

Grow your digital skills online

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

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Independent service quality survey results

Business current accounts

Published August 2022

As part of a regulatory requirement, an independent survey was conducted to ask approximately 1,200 customers 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).

Ranking

Independent overall service quality survey results for 1st place Starling Bank 83%
Independent overall service quality survey results for 2nd place Monzo 79%
Independent overall service quality survey results for 3rd place Handelsbanken 73%
Independent overall service quality survey results for 4th place Tide 68%
Independent overall service quality survey results for 5th place Metro Bank 64%
Independent overall service quality survey results for 7th place Lloyds Bank 58%

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

Cardnet® is a registered trademark of Lloyds Bank plc.

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: www.lendingstandardsboard.org.uk.

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.