COMMERCIAL TERMS

About your Account

Everything you need to know about  moving your account to Lloyds Bank, security tips, information about compensation arrangements and how we will resolve complaints with you.

Interest Rates and Charges

Interest Rates, Account Services and Charges and Online Service Charges.

Search Terms and Conditions

You can find your terms and conditions by clicking on the tabs below or by clicking on one of the product groups in the Terms and Conditions section – Cash Management, Deposits, International Trade, Online Services, Financial Institutions or Client Accounts.

Core Banking Agreement - Terms and Conditions

To make your Terms and Conditions easier to use and understand we have rewritten them, reducing duplication and simplifying language wherever possible. The Core Banking Agreement (The Agreement) is the collective name for the documents that form your contractual agreement with us.

Account Bank Account

Terms & Conditions for your Account Bank Account

Audit Requests

Provides information about Lloyds Bank Corporate Markets plc audit requests.

Request an account audit letter

Authority to Debit Percentage Sweep

Balance on the lead/originating account is maintained at a target balance with funds in excess of that target being physically swept on a predetermined schedule and percentage basis to designated recipient accounts.

Bacs (Agency Banks)

We can provide sponsorship to you and your customers into the UK’s 3 day value payments scheme for both Direct Debits and Credits. We also provide access to the Suite of Bacs Services for Agency Banks.

Bacstel-IP

The UK's low value direct and indirect payments service providing a 3 day processing cycle.

Bulk Cash Till Service

Bulk Cash Till Delivery service is a facility for customers who regularly undertake cash withdrawals. The service is operated in conjunction with accredited third party security carrier for cash transportation and provides a secure, efficient and cost effective method of withdrawing cash.

Business Travel Solution

The Terms and Conditions, Conditions of Use and Charges Schedule that apply to Business Travel Solution (BTS) Sterling, Euro and US Dollar accounts. BTS is designed to make the payment, management and reconciliation of employee travel expenses more efficient when using a Travel Management Company.

Client Accounts

Terms and Conditions relating to a Designated or Undesignated Client Account.

Commercial Banking Online

Terms and Conditions for clients using Commercial Banking Online.

Corporate Charge Card

The Terms and Conditions, Conditions of Use and Charges Schedule that apply to Corporate Charge Card Sterling, Euro and US Dollar accounts. Corporate Charge Card is designed to make the payment and management of expenses relating to employee travel and entertainment more efficient.

Corporate Charge Card eOptimise

The Terms and Conditions and Charges Schedule that apply to Corporate Charge Card eOptimise Sterling, Euro and US Dollar accounts. With eOptimise you can pay non-card accepting suppliers.

Corporate Charge Card ePay

The Terms and Conditions, Conditions of Use and Charges Schedule that apply to Corporate Charge Card ePay Sterling, Euro and US Dollar accounts. ePay provides enhanced levels of control and reconciliation on your employees' online and card-not-present business travel spend.

Corporate Charge Card Straight Through Processing (STP)

The Terms and Conditions and Charges Schedule that apply to Corporate Charge Card STP Sterling, Euro and US Dollar accounts. Corporate Charge Card STP is designed to make the payment and management of expenses relating to employee travel and entertainment more efficient with suppliers who aren’t card capable.

Corporate Current Account

The Terms and Conditions apply to the Corporate Current Account product.

Corporate Instant Access Account

The Terms and Conditions apply to accounts on the Corporate Instant Access Account product.

Corporate Loan Servicing Account

The Terms and Conditions apply to accounts on the Corporate Loan Servicing Account product.

Corporate Insurer Trust Account

Terms & Conditions for your Insurer Trust Account

Corporate MultiPay

The Terms and Conditions, Conditions of Use and Charges Schedule that apply to Corporate MultiPay Sterling, Euro and US Dollar accounts. Colleagues can use the card to purchase travel and entertainment as well as business supplies.

Corporate Purchasing Card

The Terms and Conditions, Conditions of Use and Charges Schedule that apply to Corporate Purchasing Card which is used to streamline the internal procure-to-pay process for business commodities.

Corporate Purchasing Card eOptimise

The Terms and Conditions and Charges Schedule that apply to Corporate Purchasing Card eOptimise accounts.  With eOptimise you can pay non-card accepting suppliers.

Corporate Purchasing Card ePay

The Terms and Conditions, Conditions of Use and Charges Schedule that apply to Corporate Purchasing Card ePay accounts. ePay provides enhanced levels of control and reconciliation on your employees' online and card-not-present business spend.

Corporate Purchasing Card Straight Through Processing (STP)

The Terms and Conditions and Charges Schedule that apply to Corporate Purchasing Card STP which is designed to make the payment process more efficient with suppliers who aren’t card capable.

Corporate Segregated Funds Account

Terms & Conditions for your Segregated Funds Account

Deposits Terms & Conditions

(Excluding Corporate Call Account)

Deputyship & Appointeeship Debit Card

Direct Collection Terms and Indemnity

Entry Collection Service

Provides electronic data related to accounting entries, e.g. Bacs, Faster Payments, Returned DD's, Cheques and Credits.

ePay Virtual

The Terms and Conditions, Conditions of Use and Charges Schedule that apply to ePay Virtual Sterling, Euro and US Dollar accounts. ePay Virtual provides enhanced levels of control and reconciliation on your employees' online and card-not-present business spend.

ePayables

The Terms and Conditions, Conditions of Use and Charges Schedule that apply to ePayables Sterling, Euro and US Dollar accounts. ePayables allows supplier payments to be driven directly from your Accounts Payable.