32 Day Notice Account

Features

  • Interest is calculated daily and paid into the account daily.
  • Minimum withdrawal amount £10,000.
  • 32 days’ notice required to make a withdrawal, providing remaining balance is over £10,000.
  • Additional funds can be paid into the account.
  • 32 days’ notice is required to close the account.
  • The interest rate you receive on the account will increase if the Bank of England (BoE) Bank Rate increases.
  • If you have access to Online for Business, you can view and service the account online.
  • Create a bespoke savings strategy by using our Savings Strategy Tool.

Keep in mind

  • Funds are committed for a minimum period of 32 days.
  • The interest rate you receive on the account will reduce if the Bank of England (BoE) Bank Rate reduces.
  • Please read the Terms & Conditions.

Interest Rates

Interest rates stated below are available as at 19/06/2020 and expire on 06/08/2020 but may be subject to change. Should you need to discuss rates for alternative dates or terms, please call us on 0345 305 5555.

These interest rates apply to Sterling deposits only with a minimum balance of £10,000 and maximum balance of £5m.

For deposits over £5m or for more information about interest rates in other major currencies, please call us on 0345 305 5555. We are available 8am to 5pm Monday to Friday.

Account interest rate

Account

Term length

Indicative interest rate AERAERThe AER stands for Annual Equivalent Rate and is the notional rate which illustrates the gross rate as if paid and compounded on an annual basis. As every advert for a savings product will contain an AER you will be able to compare more easily what return you can expect from your savings over time. /GrossGrossGross rate means that no tax will be automatically deducted from interest on your behalf. You are responsible for paying any tax due to HM Revenue and Customs.

Account

32 Day Notice Account

Term length

No set term

32 days’ notice required to make withdrawal or close the account

Indicative interest rate AERAERThe AER stands for Annual Equivalent Rate and is the notional rate which illustrates the gross rate as if paid and compounded on an annual basis. As every advert for a savings product will contain an AER you will be able to compare more easily what return you can expect from your savings over time. /GrossGrossGross rate means that no tax will be automatically deducted from interest on your behalf. You are responsible for paying any tax due to HM Revenue and Customs.

0.10% (Bank of England Bank Rate (BoE) (variable))

1 Product is linked to the current Bank of England Bank Rate.

Apply for a 32 Day Notice Account

Internet Banking users

  1. Enter your login details, which will take you to the Online for Business Homepage
  2. Select ‘Savings & Deposits’ in the left hand ‘Our Products and Services’ menu
  3. Select ‘Apply for Term and Notice Deposits’
Log on and applyfor a 32 Day Notice Account

Not registered for Internet Banking

You can apply here for a deposit. Once we receive your application, we may need to contact you for more information if you have not previously placed a deposit.

Apply onlinefor a 32 Day Notice Account

Contact us for more information

Call us on 0345 305 5555

Lines are open 8am to 5pm Monday to Friday.

Alternatively, please follow the link to our FAQs or email us at any time.

Financial Services Compensation Scheme

Your money is protected by the FSCS logo

Savings Strategy Tool

Use our Savings Strategy Tool to help you understand which business savings account could suit your needs. Make your money work harder by matching your cash forecasts against Lloyds Bank’s deposit products, helping you create a savings strategy bespoke to your needs.

Get your savings strategyusing our Savings Strategy Tool

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.