With our Business Extra Tariff, you'll be charged per transaction. If you regularly make electronic payments and use our branches it may be the more cost-effective option.
Or you could move to our Electronic Business Tariff, which offers lower charges for electronic transactions.
Read through the tables below to see how you will be charged under our Business Extra Tariff. Keep in mind that our charging cycle runs from the 10th of the month to the 9th of the following month. Credit interest is not paid as standard on our Business Extra Tariff.
To see which tariff makes the most sense for your business, compare our tariffs side by side.
|Transaction Type||Business Extra
|Monthly Account Maintenance Fee||£6.50|
|UK Sterling Direct Debits*||40p|
|Business Debit card transaction (excluding ATM)|
|ATM withdrawals (free from a Lloyds Banking Group Cashpoint® machine) †|
|Internet Bulk Payment – batch UK Sterling Direct Debit ‡|
|Automated credit - Telephone and Internet Banking|
|Automated credit – Faster Payments inbound|
|Internet Banking and PhoneBank® payments|
|Internet Bulk Payment – per item|
|Faster Payments outbound|
|Transfer (to or from another account in your name with the sort code starting 30, 77 or 87)||Free|
|Cheques and Cash|
|Cheque paid in at a Lloyds Bank counter (or Postal Order)
|Cheque paid in via an Immediate Deposit Machine (available in branch) or Digital Channel||30p|
|Cash paid in at a Lloyds Bank counter
||70p per £100|
|Cash paid in at an Immediate Deposit Machine (available in branch)||60p per £100|
|Cash paid out at a Lloyds Bank counter**||70p per £100|
|Other branch transactions|
|Credit paid in at a Lloyds Bank Branch (including via an Immediate Deposit Machine)|
|Credit paid in at another bank|
|Cash exchanged||£1.65 per £100|
|Bacs – batch file submitted||£5|
|Bacs – debit or credit item||10p|
|Telepay – debit or credit item||50p|
|Cardnet envelope paid in||Free|
|Credit paid in via Night Safe||Free|
|Unauthorised borrowing fee||£15|
|Unpaid item||£25 for each item not paid|
The first time you go overdrawn or exceed your agreed limit with us by £50 or more, you may be charged an Unauthorised Borrowing Fee (UBF) of £15. After that, the UBF is applied every time you increase your unauthorised borrowing by £50 or more from the previous day's closing balance, unless a higher limit is agreed with us or until the account is within its existing limit or in credit.
We charge £25 each time we have to return a cheque unpaid or there is insufficient money in your account to pay a standing order or direct debit.
Payments made through an Islamic Business Account are processed in different ways. Visit our page on Islamic Business Account chargesIslamic Business Account charges for more information.
Credit interest is not paid as standard on our Business Extra Tariff, and your money will continue to be managed in accordance with Shariah law.
Work out which tariff is best for you.
Take a look at our rates and charges for doing business abroad.
0345 072 5555Call telephone number 0345 072 5555Call telephone number 0345 072 5555
Call to speak with one of our relationship managers. We are available from 8am to 8pm Monday to Friday and 9am to 1pm on Saturday.
†The owner of the machine may also charge you for this transaction. All LINK machines will give you an on-screen warning, in advance, allowing you to continue or cancel the transaction.
‡You will be charged an item fee for each individual payment that you make within a Bulk Payment batch. In addition you will also be charged for the debit made to your account for the total amount of the Bulk Payment batch – charged at the rate of a UK Sterling Direct Debit. For example, a batch of 10 payments will incur a charge of 10 x 20p for the individual payments on Business Extra, as well as 1 x 40p for the UK Sterling Direct Debit to the account. This makes a total of 11 individual charges.
*For SEPA Direct Debit please see the Commercial Banking International Service Tariff brochure.
**This includes the use of debit cards to withdraw cash over branch counters and where a bank giro credit is paid using either a debit card or a cheque drawn on your account and processed as cleared funds.
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.
Cashpoint® is a registered UK trademark of Lloyds Bank plc.
PhoneBank® is a registered UK trademark of Lloyds Bank plc.
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.
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.