Lloyds Bank Gem ®
See how to future-proof your cash management proposition.
Island Business Banking Account
A business banking account that’s designed to meet the day-to-day needs of start-ups and small businesses. We make life simple with clear, transparent account fees and charges.
These services are designed for businesses operating in the Channel Islands or the Isle of Man and are provided by Lloyds Bank Corporate Markets a wholly owned subsidiary of Lloyds Banking Group plc.
Information on services for businesses in the United Kingdom through Lloyds Bank plc.
Features and benefits
- Open an account with as little as £1.
- Simple pricing, including free electronic payments.
- A monthly account management fee of £7.
- Overdrafts are subject to application and approval.
- Visa debit card included.
- The account is available in Sterling.
- Designed for businesses in the Channel Islands and the Isle of Man.
Eligibility
To apply for an account you must be a sole trader, partnership, limited partnership or limited company - with an annual turnover less than £3 million and lending below £500,000 and trading in Jersey, Guernsey or the Isle of Man.
Charges and fees
Your guide to bank charges (PDF, 93KB)
Island Business Banking Account (PDF, 79KB)
Terms and conditions
Account conditions (PDF, 186KB)