Island Business Reserve Account

Island Business Reserve Account

Grow your business savings and get access to your money exactly when you need it.

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Business savings made simple

Let’s break it down

Terms and conditions expandable section
Account conditions (PDF, 173KB)
General Terms and Conditions (PDF, 174KB)
Your guide to bank charges (PDF, 93KB)
Current interest rates (PDF, 92KB)

Open an Island business reserve account

Frequently asked questions

Is there a maximum deposit amount? expandable section

There is a maximum deposit limit of £5 million.
Can I access my money whenever I need it? expandable section

Yes. This account gives you instant access to your funds. You can provide us with instructions through online and mobile banking or by emailing CommercialCustomerServices@LloydsBankInternational.com
When is interest paid? expandable section

Interest is paid monthly, either on the 9th day of each calendar month or the next working day.

Current interest rates (PDF, 92KB)
Can Lloyds change the interest rate? expandable section

Yes. As this account pays a variable rate of interest it can change over time. Our General Terms and Conditions (PDF, 174KB) explains when and how we do this.
Can I use this as my main business account? expandable section

No, this is a savings account. You will need a business current account for everyday transactions.
How can I manage my account? expandable section

You can access and manage your account through Online for Business or our Business Banking app, making it easy to view your balance and manage your savings.

For businesses with a turnover of £25 million or more, speak to your relationship manager.

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