Cash and Cheques

Collections and deliveries of cash and cheques through a range of secure and convenient services.

Carrier Cash Direct

Carrier Cash Direct provides a secure and flexible cash delivery and collection service at your premises.

  • No minimum limit for delivery or collection
  • Maximum cash delivery of £3,500 consisting of up to £1,000 coin and £2,500 in £5 notes
  • Maximum cash collection of £7,500 consisting of up to £1,000 of coin

Premier Direct

Premier Direct provides a secure and flexible cash delivery and collection service for businesses that require high volumes of cash.

  • No maximum limit for delivery or collection¹
  • Minimum cash delivery of £10,000
  • Minimum cash collection of £7,500 consisting of up to 5% of coin

Bulk Cash Till

Bulk Cash Till provides a secure and flexible cash delivery and collection service at your premises.

  • No maximum limit for delivery or collection
  • Minimum cash delivery or collection of £2,500
  • Business Current Account balance updated automatically and deposited funds available by end of day 2
  • Optional access to ancillary services, i.e. wage packets (at an extra cost)

Bulk Cheque Processing Service

Bulk Cheque Processing Service provides a secure and flexible cheque deposit service for businesses that deposit high volumes of cheques.

  • 2-day clearing process, given cheques reach the iPSL clearing centre by 19:30 on a business day
  • Deposit up to 250 cheques within each submitted bundle
  • Lower and transparent fees compared to standard branch counter processing
  • Access to ancillary services, i.e. stationery for cheque submission

For clients without a dedicated relationship managerIf you have a dedicated relationship manager you will have a direct number for one of our team. Otherwise our Business Management team are here to help

For small volumes of cheques and cash, you may wish to deposit individual cheques through our mobile banking app or visit a branch to use our immediate deposit machines.

Is my business eligible?

Cash services

To apply for our Cash services, you should:

  • have a dedicated Relationship ManagerIf you have a dedicated relationship manager you will have a direct number for one of our team. Otherwise our Business Management team are here to help and
  • have more than ten employees and an annual turnover or balance sheet of over €2 million, or Sterling equivalent

Cheque services

To apply for our Cheque services, you should:

  • have a dedicated Relationship Manager

Apply now

To discuss and apply for Cash and Cheque services, please speak to your dedicated Relationship ManagerIf you have a dedicated relationship manager you will have a direct number for one of our team. Otherwise our Business Management team are here to help

More about Cash and Cheques

What if I have high levels of cash and cheques?
You can utilise more than one scheme; these will need to be set up separately.

What is the difference between the cash collection services and the cash delivery services?
Our cash collection service products are used if you are having cash collected from your premises and deposited into your account. Our cash delivery service products are used if you are having cash delivered to your premises and your account debited.

How will I obtain stationery e.g. coin bags?
During your onboarding process, you will be provided with a stationery order form. For any future stationery orders, please email Corp.BulkStationery@lloydsbanking.com.

Cardnet®

If you regularly accept payments, you may wish to review our Cardnet® service which allows you to accept card payments in person, online and over the phone. You can find information on Lloyds Bank Cardnet® here

Apply now

To discuss and apply for Cash and Cheque services, please speak to your dedicated Relationship ManagerIf you have a dedicated relationship manager you will have a direct number for one of our team. Otherwise our Business Management team are here to help.

For businesses without a relationship manager or for smaller volumes of cheques and cash, you may wish to deposit individual cheques online or visit a branch to use our immediate deposit machines. Find out more about Banking with us

¹No maximum limit for collection other than that imposed by your cash in transit provider.

Cardnet® is a registered trademark of Lloyds Bank plc.

Important legal information

Lloyds Bank plc. Registered office: 25 Gresham Street, London EC2V 7HN. Registered in England and Wales No. 2065. Lloyds Bank plc is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority under registration number 119278.

Telephone: 020 7626 1500. We adhere to The Standards of Lending Practice which are monitored and enforced by the LSB: www.lendingstandardsboard.org.

Telephone calls may be monitored or recorded in case we need to check we have carried out your instructions correctly and to help us 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).