Ready to apply for a Business Current Account?

Get in touch with a specialist who can help with your business needs.

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

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..

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

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

Why open a business account with us?

Expert guidance

Access to a dedicated relationship manager to support your business.

Tariffs to suit your business

Choose the most-cost effective business account for your needs.

Manage and grow

Keep your business running smoothly with our cashflow and lending services.

Print Clever

“Our Business Banking Manager at Lloyds Bank completely understands the reactive nature of our business and that we have to be able to meet the demands of our customers quickly and effectively. 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, PrintClever

Are you eligible to apply for our Business Current Account?

This account is suitable for businesses that:

  • don’t already bank with us 
  • want to switch an existing current account to us 
  • already bank with us and would like an additional account
  • already bank with us and would like to establish a new legal entity within a group.

To apply for this account, your business must:

  • have an annual turnover of £3 million to £25 million
  • use the account for business purposes only
  • be registered to trade in the UK.

Please take some time to read the product terms and conditions.

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 

Bank accounts for smaller businesses

Bank accounts for smaller businesses

If you run a smaller business with an annual turnover below £3 million, check out our current account for small businesses.

See all business bank accounts

Digital business banking

Our business banking app and online banking use the latest technology and comply to the highest standards of security and fraud protection. So the businesses that bank with us never have to compromise on security for convenience. 

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With online business banking, you can:

  • manage user access
  • make bulk payments
  • apply for loans, credit cards and overdrafts
  • access invoice finance and asset finance. 

More about online business banking.

How much does a bank account for larger businesses cost?

The cost of a larger business bank account can vary based on which tariff you choose. Check out our rates and charges for more detail.

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Business Extra Tariff

  • £15.00 monthly maintenance fee 
  • Charges apply per electronic transaction 
  • Ideal if you only plan to make a small number of transactions per month
  • Free money transfers (to or from another account in your name with the sort code starting 30, 77 or 87).
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Electronic Business Tariff

  • £20.00 monthly maintenance fee
  • Free electronic transactions 
  • Ideal if you make regular electronic transfers at ATMs, via online banking or Faster Payments. 
  • Free money transfers (to or from another account in your name, with the sort code starting 30, 77 or 87).

Compare tariffs

Explore which tariff works best for your business with our tariff comparison table.

Use our tariff calculator to find out how much your business account could cost.

Current Account Switch Guarantee

Switching to us is easy

The Current Account Switch Service makes switching current accounts from one UK bank or building society to another simple, reliable and stress-free. It is available to consumers, businesses, charities and trusts and allows you to choose a switch date that suits you.

Current Account Switch Guarantee (PDF, 65KB)
Current Account Switch Guide (PDF, 71KB)


  • 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

FSCS Protected

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.

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Grow your digital skills online

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

Other products you may be interested in

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Accounting software

Try it free for 3 months

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

Business Finance Assistant

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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®

Independent service quality survey results

Business current accounts

Published August 2023

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).


usiness current accounts Overall service quality survey results. Ranking 1st place Monzo 84%,  2nd place Starling Bank 82%,  3rd place Handelsbanken 74%,  4th place tide 73%,  5th place Metro Bank 63%

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:

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.