
Notice Accounts
Grow your savings with the flexibility to suit your business needs.
What is a Notice Account?
A Notice Account allows you to grow your savings with terms to suit your business needs. There are two types of Notice Account, one where you have to give 32 notice to withdraw your money and the other 95 days notice, this account also requires you to have a turnover above £3 million.
You’ll need to deposit £10,000 or more. If you do withdraw funds, it must be for at least £10,000. And the account balance must be £10,000 or more. There is no fixed term and more funds can be paid into the account.
Benefits
Account name: Notice Account
What is the interest rate?
It’s a variable Interest Rate, as shown below:
Account |
Term length |
Indicative interest rate GROSS p.a.Gross rate means that no tax will be automatically deducted from interest on your behalf. You are responsible for paying any tax due to HM Revenue and Customs. Whilst the Gross rate quoted is the annual rate of interest, please note that the duration of your deposit will affect the amount of interest that you are paid. |
Indicative interest rate AERThe AER stands for Annual Equivalent Rate and is the notional rate which illustrates the gross rate as if paid and compounded on an annual basis. As every advert for a savings product will contain an AER you will be able to compare more easily what return you can expect from your savings over time. |
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Account32 Day Notice Account |
Term lengthNo set term
32 days’ notice required to make withdrawal or close the account |
Indicative interest rate GROSS p.a.Gross rate means that no tax will be automatically deducted from interest on your behalf. You are responsible for paying any tax due to HM Revenue and Customs. Whilst the Gross rate quoted is the annual rate of interest, please note that the duration of your deposit will affect the amount of interest that you are paid.Managed Rate 2.60% (variable) |
Indicative interest rate AERThe AER stands for Annual Equivalent Rate and is the notional rate which illustrates the gross rate as if paid and compounded on an annual basis. As every advert for a savings product will contain an AER you will be able to compare more easily what return you can expect from your savings over time.Managed Rate 2.63% (variable) |
Account95 Day Notice Account
(Only available to clients with an annual turnover of £3 - 25 million) |
Term lengthNo set term
95 days’ notice required to make a withdrawal or close the account |
Indicative interest rate GROSS p.a.Gross rate means that no tax will be automatically deducted from interest on your behalf. You are responsible for paying any tax due to HM Revenue and Customs. Whilst the Gross rate quoted is the annual rate of interest, please note that the duration of your deposit will affect the amount of interest that you are paid.Managed Rate 2.95% (variable) |
Indicative interest rate AERThe AER stands for Annual Equivalent Rate and is the notional rate which illustrates the gross rate as if paid and compounded on an annual basis. As every advert for a savings product will contain an AER you will be able to compare more easily what return you can expect from your savings over time.Managed Rate 2.99% (variable) |
Interest rates stated above are available as at 22/09/2023 and expire on 02/11/2023 but may be subject to change.
The interest rate is set and managed by Lloyds Bank. Interest is calculated and paid to your account daily (unless otherwise agreed).
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Yes. The interest rate is a managed rate set by Lloyds Bank and is subject to change.
If this change is not to your advantage, Lloyds Bank will give you 14 Days’ notice before it comes into effect.
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An illustration of an estimated future balance based on an example deposit is shown below.
Account
Initial Deposit
Gross Rate p.a.
Final Balance
Account
32 Day Notice Account
Initial Deposit
£10,000.00
Gross Rate p.a.
2.60% (variable)
Final Balance
£10,263.40
Account
95 Day Notice Account
Initial Deposit
£10,000.00
Gross Rate p.a.
2.95% (variable)
Final Balance
£10,299.38
We worked this out by assuming that:
- You hold the Account for 12 months
- You don’t withdraw any money.
- Interest is calculated and paid to the Account daily.
- The Interest Rate stays the same.
- You make your first deposit on the day the Account is opened.
- You don’t add any more funds into the Account.
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You can open your Account online or over the phone
You can manage your 32 day notice online.
You can also manage your 32 day and 95 notice account over the phone or by email.
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To withdraw funds you must provide either 32 or 95 Days’ notice, depending on your chosen account.
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Commercial Banking Markets General Terms of Business (PDF 128kb)
Commercial Banking Markets Deposits Terms and Conditions (PDF 128kb) (to be read in conjunction with Commercial Banking Markets General terms of Business)
32 Day Notice account product information factsheet (PDF 376kb)
95 Day Notice account product information factsheet (PDF 384kb)

Protecting your deposits
The Financial Services Compensation Scheme (FSCS) will protect your deposits up to the value of £85,000, subject to eligibility criteria.

New to Lloyds Bank?
If you have a turnover greater than £3m, it’s easy to open a Notice Account, even if you’re not a Lloyds Bank customer.
You can apply online or call us on 0345 600 6391.
Frequently asked questions
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If you’re an existing customer and want to speak to someone, call 0345 305 5555. We are available 8am to 5pm, Monday to Friday.
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The interest rate on your Notice Account is a managed rate set by Lloyds Bank. The rate is variable and subject to change. The rate is not directly linked to Bank Rate. However, changes in Bank Rate as well as other market and economic conditions may affect whether the rate on your Notice Account increases or decreases. If a rate change is to your disadvantage, Lloyds Bank will provide 14 days’ notice before it comes into effect. You can provide Notice to close the account if you are unhappy with the new rate (either 32 days or 95 days depending on the type of Notice Account).
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The application form should take about 10 minutes to complete.
Other ways to save
Fixed Term Deposit
Deposit £10,000 or more and earn a fixed rate of interest for up to 2 years.
Instant Access savings
Open an account with as little as £1 and access your money at any time with no fixed term.