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Business Account for Switchers

We’re committed to helping British businesses achieve their potential. That’s why we make it easy for you to join us and get the tailored support you need. Switching to us now takes just seven working days.

Features and benefits

  • Manage your account online, over the phone or through our extensive branch network.
  • Work with a dedicated relationship manager, on hand to support your business.
  • Choose between two switching methods – the Current Account Switch Service or the Transfer of Payment Arrangement Service.

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 us1.

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.

You won’t need to change your account even when your business grows or your needs change. We can offer you:

  • support from a relationship manager
  • access to the largest branch network of any bank in the UK
  • an internet banking service, giving you account information seven days a week
  • mobile updates on your Online for Business account balance through our text alert services
  • phone banking so you can speak to a business advisor
  • cheque books, direct debits, standing orders, regular statements.

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.

Terms and conditions

Make sure you understand the small print.

Find out more about terms and conditions

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School Bank Account

Our School Bank Account has been developed specifically for state-funded schools, academies and those schools on their way to becoming academies.

Find out more about our School Bank Account

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Business accounts

Our current accounts cater for new or established businesses, charities, clubs, communities and more.

Back to business accountsfor our range of business bank accounts.

Apply now on the phone

0800 022 4388Call telephone number 0800 022 4388

Call us to talk to one of our relationship managers. We are available from 8am to 8pm Monday to Friday and 9am to 1pm on Saturday.