Switch your business to Lloyds Bank

If you're looking to switch to Lloyds Bank but don't want to have to manually transfer everything across yourself, we can help with our choice of two switching services. As long as you're switching a Sterling Current Account, your old bank is signed up to the Current Account Switch Service, and you're the only Key Account Party on the account with your old bank and Lloyds, you can instruct the switch through this simple digital form and we will manage the switching process for you.

You can view the list of participating banks on the Current Account Switch Service website.

Full switching service

Partial switching service

The Current Account Switch Service (CASS) offers:

  • Guarantee of completion of Current Account Switch in seven working days of acceptance by your old bank.
  • Automatic transfer of all payment arrangements (for example, your Direct Debits and Standing Orders).
  • Automatic credit balance transfer.
  • Automatic old bank account closure.
  • Forwarding and re-direction of payments service for up to 36 months.

Plus, with Lloyds Bank you get a debit balance transfer.

The Payment Transfer Service (PTS):

  • usually takes 3 to 4 weeks
  • offers the ability to transfer all payment arrangements, or select which ones to transfer (for example, specific Direct Debits and Standing Orders).
  • You're responsible for transferring any remaining credit balance from your old account.
  • You're responsible for closing your old bank account.
  • There is no automatic forwarding and redirection of payments service. 

Eligibility

  • Businesses with annual turnover of less than £6.5million and fewer than 50 employees.
  • Charities with an annual income of less than £6.5million.
  • Trusts with a net asset value of less than £6.5million.
  • Available for Sterling Current Accounts only.
  • There is no maximum annual turnover limit or maximum number of employees. 
  • Available for Sterling Current Accounts only.

    • Whilst the service takes 7 working days, you can choose a switch date with us as long as that date is between 7 and 30 days from your old bank accepting the switch when we request it.
    • If you have security attached to your old current account, including for Government Lending, you may not be able to use the Current Account Switch Service. However, you can still complete this form and we will instruct the switch. Please note, this is not guaranteed to be completed within 7 days.

    • The Payment Transfer Service usually takes 3-4 weeks. You can't choose a switch date, but can choose the date the process starts. 
    • Payments made to your old account will not be automatically forwarded to your new account after the switch.

Full switching service

The Current Account Switch Service (CASS) offers:

  • Guarantee of completion of Current Account Switch in seven working days of acceptance by your old bank.
  • Automatic transfer of all payment arrangements (for example, your Direct Debits and Standing Orders).
  • Automatic credit balance transfer.
  • Automatic old bank account closure.
  • Forwarding and re-direction of payments service for up to 36 months.

Plus, with Lloyds Bank you get a debit balance transfer.

Eligibility

  • Businesses with annual turnover of less than £6.5million and fewer than 50 employees.
  • Charities with an annual income of less than £6.5million.
  • Trusts with a net asset value of less than £6.5million.

Keep in mind

  • Whilst the service takes 7 working days, you can choose a switch date with us as long as that date is between 7 and 30 days from your old bank accepting the switch when we request it.
  • If you have security attached to your old current account, including for Government Lending, you may not be able to use the Current Account Switch Service. However, you can still complete this form and we will instruct the switch. Please note, this is not guaranteed to be completed within 7 days.

Partial switching service

The Payment Transfer Service:

  • usually takes 3 to 4 weeks
  • offers the ability to transfer all payment arrangements, or select which ones to transfer (for example, specific Direct Debits and Standing Orders).
  • You're responsible for transferring any remaining credit balance from your old account.
  • You're responsible for closing your old bank account.
  • There is no automatic forwarding and redirection of payments service. 

Eligibility

  • There is no maximum annual turnover limit or maximum number of employees. 
  • Available for Sterling Current Accounts only.

Keep in mind

  • The Payment Transfer Service usually takes 3-4 weeks. You can't choose a switch date, but can choose the date the process starts. 
  • Payments made to your old account will not be automatically forwarded to your new account after the switch.

Before you start

What you need to know

  • To use this form you must have a Lloyds Bank Business Account that is open and transactable before you can switch your current account.
  • To authorise the request, you must be the only Key Account Party, have a UK residential address, and be authorised to sign for the business on both the old account (the account with your old bank that you're switching from) and the new account (the account with us that you're switching to). 
  • You will need to complete one form for each Lloyds Bank current account.
  • If you wish to switch from multiple existing or old banks, you'll need complete a separate form for each old bank.
  • Your switch could be delayed or rejected if the details you give us don’t match the details held by your old bank.

    • Details about yourself, including contact details.
    • The business' sort code and account number with the bank you're switching from.
    • The business' sort code and account number with Lloyds Bank.

  • Your personal information will be held by Lloyds Bank plc, part of Lloyds Banking Group and shared within the Group and with other companies that provide services to us so that we can look after your relationship with us. 

    We may also share your personal information with credit reference agencies (CRAs) and fraud prevention agencies. We do this to assess creditworthiness and product suitability, check your identity, manage your account, trace and recover debts and prevent criminal activity including fraud and money-laundering. If fraud is detected, you could be refused certain services, finance or employment. 

    If you want to find out more about how we process your personal information, please read our full privacy notice.

How to apply

The form will only take 5-10 minutes to complete. 

Once you've submitted the form, we aim to review it within 2 working days. If we need any more information from you, we'll be in touch. 

£0 - £3m annual turnover

 

 

Switch here

£3 - £25m annual turnover

 

 

Switch here

About you

These details must completely match the details on your Business Account with Lloyds Bank and your old or existing bank.

 

Day
Month
Year

This is the email address we'll contact you on about your switch. For example, requesting further information we may need to process your application. If this email address differs from the one we already have on file for you, we will not update it in our systems.

 

Continue Back

About your business

 

This must match the Business' name on your Lloyds Bank Business Account and the account you are switching from. Your switch could be delayed or rejected if the details you give us don’t match the details held by your old bank.

Please tick if your company is a Community Interest Company. For validation purposes only.

Sorry, we are not able to proceed with your switch using this form because you need more than one signatory to authorise changes. Please call us on 0345 072 5555 to proceed with your switch.

Continue Back

About your old account

Reminder: This needs to be for the same business you told us about on the previous page.

Bank details for your old account

 

Please enter the first day of the month your debit card expires
Day
Month
Year
Continue Back

About your new account

Bank details for your new account

 

Current Account Switch Service

 

Day
Month
Year

Please note: The date above is the date you want your switch to be completed by. It is the date that we will arrange for any credit balance to be transferred from your old account to your new account. We will complete the switch of information about your payment beneficiaries and your regular payment mandates from your old bank to your new account on the same day. This is the date that closure of your old account will take effect. 

It must be at least seven working days in advance of today’s date. It must be a week day and not a bank holiday.

The Business must have a Lloyds Bank current account that is open and active before this date can be agreed.

  • We have designed the Current Account Switch Service to let you switch your current account from one bank or building society to another in a simple, reliable and stress-free way. It will only take seven working days. As your new current account provider we offer the following guarantee.

    • The service is free to use and you can choose and agree your switch date with us.
    • We will take care of moving all your payments going out (for example, your Direct Debits and standing orders) and those coming in (for example, your salary).
    • If you have money in your old account, we will transfer it to your new account on your switch date.
    • We will arrange for payments accidentally made to your old account to be automatically redirected to your new account. We will also contact the sender and give them your new account details.
    • If there are any issues in making the switch, we will contact you before your switch date.
    • If anything goes wrong with the switch, as soon as we are told, we will refund any interest (paid or lost) and charges made on either your old or new current accounts as a result of this failure.
    Crystal Mark
    Crystal Mark

  • Read the CASS Switching Guide and Agreement (PDF, 280 KB)

Declaration

You (or each of you, if more than one of you is required to authorise your account switch) agree and confirm that:

  • You will be bound by the terms of this Agreement (made up of this Consent, the Service Conditions and information about Your Right to Cancel the Agreement).
  • You have given your consent for us to switch your old account, which is a qualifying sterling current account, to your new account.
  • You have satisfied yourself that your new account meets your needs and delivers the services you require even although the protections, features and benefits may not be the same as your old account.
  • You will select and agree a Switch Date with us.
  • The switch process begins six working days before the Switch Date.
  • You have provided us with an Account Closure Instruction for your old account which cannot be reversed or cancelled by you any later than the close of business seven working days before the Switch Date.
  • You have given your consent to the redirection of all payments to and from your old account to be made to and from your new account for 3 years after your Switch Date, or longer in accordance with clause 1.14 of the Agreement.
  • All information that you have given to us for the purposes of the switch is complete and correct.
Note - we will arrange automatic transfer of all of your payments but you will need to manually close your account and transfer any remaining balance. This typically takes 3-4 weeks.
Note - you cannot transfer an overdrawn balance to your new account unless you have an arranged overdraft in place with us before instructing the switch.
£

Payment Transfer Service

 

Day
Month
Year

Please note: The date above is the date you want your switch process to start. It must be a week day and not a bank holiday. The switch usually takes 3-4 weeks from this date.

The Business must have a Lloyds Bank current account that is open and active before this date can be agreed.

 

Note - we will arrange automatic transfer of all of your payments but you will need to manually close your account and transfer any remaining balance. This typically takes 3-4 weeks.
Note - you cannot transfer an overdrawn balance to your new account unless you have an arranged overdraft in place with us before instructing the switch.
£
Continue Back

Review and confirm your details

Please check that everything below is correct before you submit your request. To proceed, tick the box to confirm your consent and then click Submit.

Your details

 

Your details

Name

##title## ##first_name## ##surname##

Date of Birth

##dob##

Email address

##email_address##

Mobile number

##mobile_number##

 

 

Return to this section

 

Your business

 

Your details

What is the full name of your Business?

##business_name##

Is your business a Community Interest Company?

##comm-interest##

Do you need more than one signatory to authorise changes on your account?

##signatory##

 

 

Return to this section

 

Your old account

 

Your details

What are the details of your old account with your old bank?

Sort code

Account number

 

##old-sort-code-first## - ##old-sort-code-second## - ##old-sort-code-third##

##old-account-number##

Is your business a sole trader?

##sole_trader##

Do you hold a debit card at your old bank?

##debit_card##

What are the last 5 digits of your debit card at your old bank?

##last_five##

What is the expiry date of your debit card at your old bank?

##old_expiry_date##

 

 

Return to this section

 

Your new account

 

Your details

Bank details for your new account

Sort code

Account number

 

##new-sort-code-first## - ##new-sort-code-second## - ##new-sort-code-third##

##new-account-number##

Which type of switch would you like to request?

##type-of-switch##

 

 

Return to this section

 

Your Current Account Switch Service information

 

Your details

What date would you like the switch to occur?

##choose-date-cass##

Switcher declaration

##cass_confirmation##

If your full switch is unable to be completed using the Current Account Switch Service, are you happy to give your authority for us to arrange a partial switch?

##partial-switch-cass##

I confirm that my old account will have a positive balance on the switch date requested above

##balance-conf-cass##

What will the overdrawn balance on the account be at point of switch?

##balance-conf-cass-no##

 

 

Return to this section

 

Your Payment Transfer Service information

 

Your details

What date would you like the switch to occur?

##choose-date-topas##

Would you like us to transfer all of your payment arrangements or would you like us to provide you with details of your payment arrangements from your old bank so that you can select which payment arrangements you want us to transfer?

##payment-arrangements##

I acknowledge that my switch will not be covered by the Current Account Switch guarantee

##topas-acknowledge##

I confirm that my old account will have a positive balance on the switch date requested above

##balance-conf-topas##

What will the overdrawn balance on the account be at point of switch?

##bal-conf-topas-no##

 

 

Return to this section

 

  • The details I have given in the application are correct
  • I am authorised to make this application on behalf of the business
  • I am happy to be contacted about this application.

 

About you

These details must completely match the details on your Business Account with Lloyds Bank and your old or existing bank.

 

Day
Month
Year

This is the email address we'll contact you on about your switch. For example, requesting further information we may need to process your application. If this email address differs from the one we already have on file for you, we will not update it in our systems.

 

Continue Back

About your business

 

This must match the Business' name on your Lloyds Bank Business Account and the account you are switching from. Your switch could be delayed or rejected if the details you give us don’t match the details held by your old bank.

Please tick if your company is a Community Interest Company. For validation purposes only.

Sorry, we are not able to proceed with your switch using this form because you need more than one signatory to authorise changes. Please call us on 0345 072 5555 to proceed with your switch.

Continue Back

About your old account

Reminder: This needs to be for the same business you told us about on the previous page.

Bank details for your old account

 

Please enter the first day of the month your debit card expires
Day
Month
Year
Continue Back

About your new account

Bank details for your new account

 

Current Account Switch Service

 

Day
Month
Year

Please note: The date above is the date you want your switch to be completed by. It is the date that we will arrange for any credit balance to be transferred from your old account to your new account. We will complete the switch of information about your payment beneficiaries and your regular payment mandates from your old bank to your new account on the same day. This is the date that closure of your old account will take effect. 

It must be at least seven working days in advance of today’s date. It must be a week day and not a bank holiday.

The Business must have a Lloyds Bank current account that is open and active before this date can be agreed.

  • We have designed the Current Account Switch Service to let you switch your current account from one bank or building society to another in a simple, reliable and stress-free way. It will only take seven working days. As your new current account provider we offer the following guarantee.

    • The service is free to use and you can choose and agree your switch date with us.
    • We will take care of moving all your payments going out (for example, your Direct Debits and standing orders) and those coming in (for example, your salary).
    • If you have money in your old account, we will transfer it to your new account on your switch date.
    • We will arrange for payments accidentally made to your old account to be automatically redirected to your new account. We will also contact the sender and give them your new account details.
    • If there are any issues in making the switch, we will contact you before your switch date.
    • If anything goes wrong with the switch, as soon as we are told, we will refund any interest (paid or lost) and charges made on either your old or new current accounts as a result of this failure.
    Crystal Mark
    Crystal Mark

  • Read the CASS Switching Guide and Agreement (PDF, 280 KB)

Declaration

You (or each of you, if more than one of you is required to authorise your account switch) agree and confirm that:

  • You will be bound by the terms of this Agreement (made up of this Consent, the Service Conditions and information about Your Right to Cancel the Agreement).
  • You have given your consent for us to switch your old account, which is a qualifying sterling current account, to your new account.
  • You have satisfied yourself that your new account meets your needs and delivers the services you require even although the protections, features and benefits may not be the same as your old account.
  • You will select and agree a Switch Date with us.
  • The switch process begins six working days before the Switch Date.
  • You have provided us with an Account Closure Instruction for your old account which cannot be reversed or cancelled by you any later than the close of business seven working days before the Switch Date.
  • You have given your consent to the redirection of all payments to and from your old account to be made to and from your new account for 3 years after your Switch Date, or longer in accordance with clause 1.14 of the Agreement.
  • All information that you have given to us for the purposes of the switch is complete and correct.
Note - we will arrange automatic transfer of all of your payments but you will need to manually close your account and transfer any remaining balance. This typically takes 3-4 weeks.
Note - you cannot transfer an overdrawn balance to your new account unless you have an arranged overdraft in place with us before instructing the switch.
£

Payment Transfer Service

 

Day
Month
Year

Please note: The date above is the date you want your switch process to start. It must be a week day and not a bank holiday. The switch usually takes 3-4 weeks from this date.

The Business must have a Lloyds Bank current account that is open and active before this date can be agreed.

 

Note - we will arrange automatic transfer of all of your payments but you will need to manually close your account and transfer any remaining balance. This typically takes 3-4 weeks.
Note - you cannot transfer an overdrawn balance to your new account unless you have an arranged overdraft in place with us before instructing the switch.
£
Continue Back

Review and confirm your details

Please check that everything below is correct before you submit your request. To proceed, tick the box to confirm your consent and then click Submit.

Your details

 

Your details

Name

##sme-title## ##first_name## ##surname##

Date of Birth

##dob##

Email address

##email_address##

Mobile number

##mobile_number##

 

 

Return to this section

 

Your business

 

Your details

What is the full name of your Business?

##business_name##

Is your business a Community Interest Company?

##sme-comm-interest##

Do you need more than one signatory to authorise changes on your account?

##sme-signatory##

 

 

Return to this section

 

Your old account

 

Your details

What are the details of your old account with your old bank?

Sort code

Account number

 

##sme-old-sort-code-first## - ##sme-old-sort-code-second## - ##sme-old-sort-code-third##

##old-account-number##

Is your business a sole trader?

##sme_sole_trader##

Do you hold a debit card at your old bank?

##sme_debit_card##

What are the last 5 digits of your debit card at your old bank?

##sme_last_five##

What is the expiry date of your debit card at your old bank?

##sme_old_expiry_date##

 

 

Return to this section

 

Your new account

 

Your details

Bank details for your new account

Sort code

Account number

 

##sme-new-sort-code-first## - ##sme-new-sort-code-second## - ##sme-new-sort-code-third##

##new-account-number##

I confirm that this account is already open and I have everything I need to run the business through the account, such as mandates and permissions being set up as expected and any internet banking access the business requires being in place. 

##sme-account-confirm##

Which type of switch would you like to request?

##sme-type-of-switch##

 

 

Return to this section

 

Your Payment Transfer Service information

 

Your details

What date would you like the switch to occur?

##smechoose-date-topas##

Would you like us to transfer all of your payment arrangements or would you like us to provide you with details of your payment arrangements from your old bank so that you can select which payment arrangements you want us to transfer?

##sme-payment-arrange##

I acknowledge that my switch will not be covered by the Current Account Switch guarantee

##smetopas-acknowledge##

I confirm that my old account will have a positive balance on the switch date requested above

##sme-bal-conf-topas##

What will the overdrawn balance on the account be at point of switch?

##smebal-conf-topas-no##

 

 

Return to this section

 

Your Current Account Switch Service information

 

Your details

What date would you like the switch to occur?

##sme-choose-date-cass##

Switcher declaration

##sme_cass_confirm##

If your full switch is unable to be completed using the Current Account Switch Service, are you happy to give your authority for us to arrange a partial switch?

##sme-switch-cass##

I confirm that my old account will have a positive balance on the switch date requested above

##sme-bal-conf-cass##

What will the overdrawn balance on the account be at point of switch?

##sme-bal-conf-cass-no##

 

 

Return to this section

 

  • The details I have given in the application are correct
  • I am authorised to make this application on behalf of the business
  • I am happy to be contacted about this application.