Notice Accounts
Grow your savings with terms to suit your business needs. Provide us with 32 or 95 days notice to withdraw your funds
Our standard opening time for Notice Accounts is 5 working days, however due to unprecedented demand this may take longer than usual. Please be assured that any additional time taken beyond 5 working days will result in credit interest being backdated to working day 5 on your deposit.
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Notice Accounts
Interest rates stated below are available as at 24/03/2023 and expire on 11/05/2023 but may be subject to change. Should you need to discuss rates for alternative dates or terms, please call us on 0345 305 5555.
These interest rates apply to Sterling deposits only with a minimum balance of £10,000 and maximum balance of £5m.
For deposits over £5m or for more information about interest rates in other major currencies, please call us on 0345 305 5555. We are available 8am to 5pm Monday to Friday.
Product is a managed rate set by Lloyds Bank and is subject to change.
Account interest rate
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.
Account
32 Day Notice Account
Term length
No 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 1.85% (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 1.87% (variable)
Account
95 Day Notice Account
(Only available to clients with an annual turnover of £3 - 25 million)
Term length
No 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 2.20% (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 2.22% (variable)
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32 Day Notice Account
- 32 days’ notice is required to close the account.
- Funds are committed for a minimum period of 32 days.
- The interest rate is a managed rate set by Lloyds Bank and is subject to change.
- Minimum withdrawal amount £10,000.
- Minimum balance £10,000
95 Day Notice Account
- 95 days’ notice is required to close the account
- Funds are committed for a minimum period of 95 days.
- The interest rate is a managed rate set by Lloyds Bank and is subject to change.
- Minimum withdrawal amount £10,000.
- Minimum balance £10,000
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
For clients with an annual turnover of £0-25m
32 Day Notice account product information factsheet (PDF 376kb)95 Day Notice Account
For clients with an annual turnover of £3m-£25m
95 Day Notice account product information factsheet (PDF 384kb)
Important Legal Information
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.
The products and services outlined on this site may be offered by legal entities from across Lloyds Banking Group, including Lloyds Bank plc and Lloyds Bank Corporate Markets plc. Lloyds Bank plc and Lloyds Bank Corporate Markets plc are separate legal entities within the Lloyds Banking Group.
Lloyds Bank is a trading name of Lloyds Bank plc, Bank of Scotland plc and Lloyds Bank Corporate Markets plc. Lloyds Bank plc. Registered Office: 25 Gresham Street, London EC2V 7HN. Registered in England and Wales no.2065. Bank of Scotland plc. Registered Office: The Mound, Edinburgh EH1 1YZ. Registered in Scotland no. SC327000. Lloyds Bank Corporate Markets plc. Registered office 25 Gresham Street, London EC2V 7HN. Registered in England and Wales no. 10399850. Authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority under registration number 119278, 169628 and 763256 respectively.
We adhere to The Standards of Lending Practice which are monitored and enforced by the LSB: www.lendingstandardsboard.org.uk.
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.