Our Bulk Payments Service is a simple, convenient and secure way to make regular payments such as wages, expenses and supplier payments. Managed via Online for Business, the service is ideal for companies that wish to make up to 25 payments in one batch.
Once you have agreed a limit with us (similar to an overdraft limit), you can set up the bank account details of everyone you wish to pay, as well as the dates and amounts of payments.
All lending is subject to status.
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 and recorded in case we need to check we have carried out your instructions correctly and to help improve our quality of service.