If you are a Payment Service Provider, find out how you can qualify for Indirect Payment System Access.
When your 18-month free banking period ends, the simple pricing below will apply. There is no charge for electronic payments, including withdrawing money from a Cashpoint® or paying by Debit Card.
Estimate how much your current account could cost you with our calculator.
A fixed fee for operating your account.
|Electronic payments (in or out)Close
Includes online, automated and debit card payments
|Cash payments (in or out)Close
Cash you pay into or withdraw from your account using our branch counter or deposit machine. We don’t charge for ATM withdrawals
|The first £1500 per month||£1 per £100|
|Anything over £1500 per month||£0.80 per £100|
|Cheques (in or out)Close
Cheques you paid into or withdraw from your account.
Credit in is a fee charged when paying in a credit of any combination of cheques or cash at the branch counter or depositpoint™. We do not charge a credit in fee when you use an Immediate Deposit Machine or Night Safe.
We have some great product offers designed for new businesses:
Our UK-based business management team are on hand when you need them, available by phone to provide support and answer your business questions. They help around 100,000 businesses start up each year.
Internet Banking and text message alerts mean you can access your account 24/7, wherever you are. Our mobile app helps you keep track of your finances and make payments on the move.
Our suite of practical online guides are at your fingertips 24/7 to support your decision-making and business growth.
Opening a business current account is an important step for any business. To help you prepare, the following guide brings you the essential details and documents you will need to open your account.
We want you to find a product that's right for your circumstances, which is why we adhere to the Standards of Lending Practice, which are monitored and enforced by the Lending Standards Board.
To find out more you can read the statement of responsibilities, which details what's expected of us, the lender and you the borrower.
1 Applies to small businesses, including individuals setting up their first business bank account.
3 Free day-to-day business banking includes cheques, standing orders, cash, UK Sterling Direct Debits, deposits and withdrawals. All we ask is that you operate your account in credit or within agreed limits. Free electronic payments include UK Sterling Direct Debits, Standing Orders, Debit Card Transactions, Lloyds Bank/Other Bank ATM Withdrawals, Internet/Phonebank Debits/Credits, Faster Payment Debits/Credits, Internet Bulk Payments and Automated Credits.
**You will need iOS or Android. The app is not compatible with some older versions of the operating systems – check the Apple App Store or Google Play . Business Internet Banking Registration Required. Terms & Conditions Apply.
***Occasionally we may need to carry out essential maintenance, resulting in some interruption to service.
Lloyds Bank Business Insurance Services are arranged and administered by Arthur J. Gallagher Insurance Brokers Limited which sources products from a panel of insurers. Arthur J. Gallagher Insurance Brokers Limited, registered office: Spectrum Building, 7th Floor, 55 Blythswood Street, Glasgow, G2 7AT. Registered in Scotland. Company Number: SC108909. Authorised and regulated by the Financial Conduct Authority (Firm Reference Number: 311786). The Lloyds Bank brand and logo are used under licence.
Cashpoint ® is a registered trademark of Lloyds Bank plc.
Cardnet® is a registered trademark of Lloyds Bank plc.
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.
Authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority under registration number 119278.
Lloyds Bank plc Registered Office: 25 Gresham Street, London EC2V 7HN. Registered in England and Wales no. 2065. Telephone: 020 7626 1500.
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.