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

For existing customers log into Online for Business to apply.

Not registered for Internet Banking? If you have a turnover of over £3m- apply online

Log on and apply

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

  • 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

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 you receive on the account will move in line with the Bank of England (BoE) Bank Rate

     

  • 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
  • Interest rates stated below are available as at 18/09/2020 and expire on 05/11/2020 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.

    1 Product is linked to the current Bank of England Bank Rate.

    Account interest rate

    Account interest rate

    Account

      

    Term length

    Indicative interest rate AERAERThe 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./GrossGrossGross 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.

    Account  

    32 Day Notice Account

    Term length

    No set term

    32 days’ notice required to make withdrawal or close the account

    Indicative interest rate AERAERThe 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./GrossGrossGross 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.

    0.10% (Bank of England Bank Rate (BoE) (variable)

    Account  

    95 Day Notice Account

    Term length

    No set term

    95 days’ notice required to make a withdrawal or close the account

    Indicative interest rate AERAERThe 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./GrossGrossGross 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.

    0.20% (Bank of England Bank Rate (BoE) 0.10% (variable) plus 0.10% (fixed))

  • 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 you receive on the account will reduce if the Bank of England (BoE) Bank Rate reduces.
    • 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 you receive on the account will reduce if the Bank of England (BoE) Bank Rate reduces.
    • 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 £0-3m
    32 Day Notice account product information facrtsheet (PDF 376kb)

    For clients with an annual turnover of £3-25m
    32 Day Notice account product information factsheet (PDF 376kb)

    95 Day Notice Account

    95 Day Notice account product information factsheet (PDF 384kb)

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

Financial Services Compensation Scheme

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

New customers with an annual turnover above £3m

If your annual Business Turnover is more than £3m you can apply online. Customers with an annual Business Turnover of less than £3m please call 0345 072 5555

Apply online

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

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
0800 022 4378

Important Legal Information

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.

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. Please note that any data sent via e-mail is not secure and may be read by others.

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.

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.