Rates & Charges

Clear figures so you can make comparisons

Weighing benefits against costs is an important part of any business decision. Review our tariffs and stay on top of costs to make sure you choose the most rewarding plan for your business.

The current Bank of England Bank Rate is 5.25% (effective from 3rd August 2023).

Payment type

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Introductory offer

No monthly account fee for 12 months

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Monthly account fee

£8.50 after 12 months

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Electronic payments in2

Free

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Electronic payments out2

First 100 a month are free / £0.20 each after that

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Cash payments (in or out)

£0.85 for every £100 at an Immediate Deposit Machine / £1.50 for every £100 over the counter

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Cheques (in or out, any amount)

£0.85 at an Immediate Deposit Machine / £1 over the counter

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Credit paid in at branch or ATM

£0.85

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Credit paid in at an Immediate Deposit Machine, Automated Deposit Machine, through the app 

Free

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BACS

File submission: £5.50

BACS Item: £0.15 (a set up fee may apply)

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CHAPS

£30

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Sending and receiving money abroad 

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Balances below £0 (going overdrawn)

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Other account services

See the full account rates and charges (PDF, 666KB) and product terms and conditions.

Estimate with our calculator how much your business account could cost per month after the first year.

We do not charge for day-to-day banking on the following accounts: School Bank Account, Credit Union Account, Treasurer’s Account, Commercial Loan Servicing Account, Commercial Instant Access Account, Business Banking Instant Access Account, Business Instant Access Account, Commercial Pension Account, Commercial Undesignated Client Account, Commercial Designated Client Account, Commercial Segregated Funds Account, Commercial General Pooled Account. Information on charges for other services that apply to all accounts can be found in the relevant charges brochure.

View Terms and Conditions 

Credit interest rates

Standard Credit interest rates paid on Current, Client and Call accounts.

Important Legal Information

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.

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.

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.

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.