Rates & Charges

Transparent figures that are easy to understand

Business Current Account

Monthly feeMonthly feeA fixed fee for operating your account
£7.00

Electronic payments (in or out)Electronic payments (in or out)Includes online, automated and debit card payments.
Free

Cash Payments (in or out)Cash Payments (in or out)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 - £0.90 per £100

Cheques (in or out)Cheques (in or out)Any cheque payment made in or out of your current account made via a branch counter, Immediate Deposit Machine, or bulk or other cheque deposit service including cheque imaging via the Business Mobile Banking App.
£0.85

Credit inCredit inCredit in is a fee charged when paying in a credit of cheques and/or cash at the branch counter, or through other cheque/cash deposit services. We do not charge a credit in fee when you deposit via an Immediate Deposit Machine, depositpoint™, Night Safe, Business Mobile Banking App cheque imaging or Post Office® counters.
£0.85

Changes to this account

In May, we delayed some changes to our Business Current Account charges. These will now take effect on 10 October 2020 and you can read more about them here.

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

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.

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.