Faster Payments
Electronic payments online, over the phone or in branch. Payments arrive immediately but can sometimes take up to two hours.
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Charges for making Faster Payments will apply, depending on the Business Account tariff that you have.
Our Payment Charges
Internet Banking platform
Faster Payment outbound cost
Internet Banking platform
Online for Business
For clients with a turnover of £0-3m
Business Current Account
Faster Payment outbound cost
Free
Internet Banking platform
Online for Business
For clients with a turnover of £3-25m
Business Extra Tariff
Faster Payment outbound cost
£0.32
Internet Banking platform
Online for Business
For clients with a turnover of £3-25m
Electronic Business Tariff
Faster Payment outbound cost
Free
Internet Banking platform
Commercial Banking Online
Faster Payment outbound cost
£5
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Cut off times apply to Faster Payments.
Our Payment Charges
Internet Banking Platform
Cut off time
Internet Banking Platform
Online for Business
Cut off time
22:00
Internet Banking Platform
Telephone Banking
Cut off time
22:00
Internet Banking Platform
Commercial Banking Online
Cut off time
23:55
Internet Banking Platform
Corporate and Lloyds Link Online
Cut off time
17:45
When payments are made after the cut off time funds will be credited the next business day.
Important Legal Information
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. Please note that any data sent via e-mail is not secure and may be read by others.
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.
Lloyds Banking Group is a financial services group that incorporates a number of brands including Lloyds Bank. More information on Lloyds Banking Group can be found at lloydsbankinggroup.com.