Notice Accounts

Grow your savings with terms to suit your business needs. Provide us with 32 or 95 days notice to withdraw your funds

Apply now

Apply now

You can apply online if you have a Business Current Account with us

Other ways to apply

Log on and apply

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. 

32 Day Notice Account

32 Day Notice Account

  • Give 32 days notice to withdraw funds
  • Minimum balance  should be £10,000
  • View and manage your account online
Log on and apply

95 Day Notice Account

95 Day Notice Account

  • Give 95 days notice to withdraw funds
  • Minimum balance  should be £10,000
  • You should have a projected annual turnover of £3million or above to be eligible for this product
Log on and apply

  • New customers with a turnover below £3m

    We’re sorry; Notice Accounts are only available to existing Lloyds Bank Business Current Account customers as this is required to operate this product.

    New customers with a turnover above £3m

    If you are new to Lloyds Bank and want to open a Notice Account either apply online or call 0345 072 5555.

    Existing customer with access to Commercial Banking Online

    If you do not have access to Online for Business apply online.

Key features and benefits

  • Interest is calculated daily and paid into the account daily
  • Deposit from £10,000
  • Additional funds can be paid into the account
  • The interest rate is a managed rate set by Lloyds Bank and is subject to change.
  • No fixed term
  • You must provide notice in line with the notice period to withdraw funds
  • Minimum withdrawal of £10,000, the remaining balance must remain above £10,000

Is my business eligible?

To apply for our  notice accounts, you should:

  • Require the account for business use.
  • Be a sole trader, partner or director.
  • Be aged 18 or over.
  • 95 day notice account requires you to have a turnover above £3million

What we’d need to know

  • The amount you want to deposit
  • Which savings account you want to apply for
  • Your business contact details

  • 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)

  • 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)

Existing customers

Using Online for Business, you can add funds into your 32 Day Notice Account or provide notice to withdraw.

Manage your savings online

To manage your 95 Day Notice Account¹, speak to a specialist on 0345 600 6391

We’re available from 9am to 5pm, Monday to Friday, except public holidays.

Financial Services Compensation Scheme

Your money is protected by the FSCS logo

Due to FSCS eligibility criteria not all business customers will be covered.

Savings Strategy Tool

Savings Strategy Tool

Our tool can make your money work harder by matching your cash forecasts against our savings products, helping you create a savings strategy bespoke to your needs.

Get your savings strategy

Apply now

Enter your login details, which will take you to the Online for Business Homepage

If you’re not registered for Internet banking (O4B) register here

Log on and apply

Other Savings options

Instant Access Account

Fixed Term Deposit

Compare all our savings accounts

 

Talk to one of our specialists

If your business turnover is between £0-3m please call
0345 072 5555

If your business turnover is between £3-25m please call
0345 600 6391

¹95 Day Notice Account is only available for clients with a turnover above £3m

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.