Change your business address
If you're a full access user, you can update your business, registered, mailing and personal addresses within Online for Business and the Business banking app.
Financial Services Compensation Scheme
Your eligible deposits held by a UK establishment of Lloyds Bank plc are protected up to a total of £120,000 by the Financial Services Compensation Scheme, the UK's deposit guarantee scheme. This limit is applied to the total of any deposits you have with the following: Lloyds, Lloyds Bank, Mayfair Private Banking, Lloyds Private Banking, Lloyds Bank Private Banking, MBNA and Scottish Widows Bank. Any total deposits you hold above the limit between these brands are unlikely to be covered.
Lloyds and Lloyds Bank are trading names used by both Lloyds Bank plc and Bank of Scotland plc.
If your Lloyds or Lloyds Bank account has a sort code starting with 30 or 77 your money is protected with Lloyds Bank plc. If your sort code starts with 11, your money is protected with Bank of Scotland plc.
Deposit protection is per Legal Entity, therefore Sole Traders must also consider any personal FSCS deposit protection.
Note, if you have deposited funds through a type of financial institution known as a 'Deposit Aggregator', they will place the funds with Banks and Building Societies who are licenced to hold deposits. Please ensure you understand which financial institution(s) your funds are held with, as all money held under a single banking licence e.g. Lloyds Bank plc, will be pooled under a single £120,000 deposit protection allowance.
Please view How FSCS protects your money (PDF, 52KB) for further information or visit www.fscs.org.uk.
Due to FSCS eligibility criteria not all business customers will be covered
FSCS Information Sheet
See information about the protection of your eligible deposits and an exclusions list for customers who will not be covered under the scheme.
While all reasonable care has been taken to ensure that the information provided is correct, no liability is accepted by Lloyds Bank for any loss or damage caused to any person relying on any statement or omission. This is for information only and should not be relied upon as offering advice for any set of circumstances. Specific advice should always be sought in each instance needs to be added to the caveats as we have provided the link to FSCS website which we are not responsible for.
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.