Find out more about our Business Account fees and charges. 

 

Lloyds Business Bank Account fees and charges.

Payment type

Charges

Payment type

Introductory offer

Charges

No monthly account fee for 12 months if it’s your first business account with us

Payment type

Monthly account fee

Charges

£8.50 after 12 months

Payment type

Electronic payments in2

Charges

Free

Payment type

Electronic payments out2

Charges

First 100 a month are free / £0.20 each after that

Payment type

Cash payments (in or out)

Charges

£0.85 for every £100 at an Immediate Deposit Machine / £1.50 for every £100 over the counter

Payment type

Cheques (in or out, any amount)

Charges

£0.85 at an Immediate Deposit Machine / £1 over the counter

Payment type

Credit paid in at branch or ATM

Charges

£0.85

Payment type

Credit paid in at an Immediate Deposit Machine, Automated Deposit Machine, through the app 

Charges

Free

Payment type

BACS

Charges

File submission: £5.50

BACS Item: £0.15 (a set up fee may apply)

Payment type

CHAPS

Charges

£30

Payment type

Sending and receiving money abroad 

Charges

Payment type

Balances below £0 (going overdrawn)

Charges

Payment type

Other account services

Charges

2Electronic payments include:

  • Direct Debits
  • Standing Orders
  • Faster Payments Debits
  • Internet/Phonebank Debits
  • Internet Bulk Payments.

No credit interest is payable on this account.

See the full account rates and charges (PDF, 666KB) and product terms and conditions.

Estimate with our calculator how much your business account could cost per month after the first year.

UK Finance business account opening guide