A simpler way to make payments
Faster Payments usually arrive within 2 hours, but can take until the end of the next working day. Direct Debits and Standing Orders will be collected shortly after midnight on the due date.
How much can I send?
How much can I send?
Online: up to £25,000 per day
In branch: up to £250,000 per day* with
Telephone: up to £10,000 per day
*Temporary Increase during Covid-19
At an ATM: up to £500 per day
In branch: no limits, but please order in advance for large amounts.
If you need to move money, it’s safer to do it by Faster Payment or CHAPS.
Online: no limits
In branch: no limits
Online: up to £25,000 per day
In branch: up to £100,000 per day
*Updates and new Standing Orders included
In branch: no limits
Pay a Contact
In app: up to £300 per day
We will always have lower limits when you call us.
With Faster Payments you can send up to £25,000* online, £250,000^ in branch or £10,000 by calling us every day.
Your limit resets at 11:59pm each day.
*If you have an Under 19’s, or Private Bank account your limits may vary to the above.
^During Covid-19 Branch limit is temporarily increased to £250,000
Your payment limit amount includes bill payments, payments to individuals and new Standing Orders or any increases to existing Standing Orders and existing future payments. Any Payments you set up today for a future date are counted towards today’s daily limit. So if you set up a Standing Order for next week, it will count towards today's limit
Direct Debits let a company take money from your account, for example to pay a gas bill. Standing Orders let you send a set amount of money on a regular basis, for example to a savings account.
You can set up standing orders easily through Internet Banking.
Step 1: Get started
To get started select ‘Payments & transfers’ on the account you want to move money from.
Step 2: Choose when to pay
Once you have selected who you are sending money to, use the ‘Repeat Payment (make this a standing order)’ button and select when and for how long you would like to make the payment for.
Step 3: Check and Set up
It’s easy to check everything’s correct before confirming the payment.
When you see ‘Success’ you know your payment has been sent and the standing order has been set up.
You will be able to view, add, change or delete any of your standing orders whenever you want through Manage transactions in your internet banking.
If you need some help with setting up standing orders, just call us on 0345 602 1997.
A Direct Debit is a method of payment where you give a company permission to withdraw money from your account and pay it into their account. Many companies offer a discount or special terms for customers who choose to pay in this way, making it an ideal method for paying utility bills such as electricity. Only companies can be paid using this method, not individuals.
Managing your Direct Debits
Monitor your outgoings when you keep track of your Direct Debits online. You can:
- see all your Direct Debits including when they were last paid and their frequency.
- cancel your Direct Debits – although it’s always worth contacting the company you’re paying to confirm the cancellation, so no payments are taken by mistake (especially if you’re still receiving services from them).
You can’t set up Direct Debits to other companies online – that needs to be done by the company you are paying. If you want to set up a Direct Debit to your Lloyds Credit Card Account just go to the Ways to pay tab on your Credit Card Account in Internet Banking on the ‘your accounts’ page.
Your Direct Debits are covered by the Direct Debit Guarantee.
Important information about Standing Orders and Future Dated Payments
This information applies to the following payment types; Standing Orders, Direct Debits, Cheques and Future Dated Payments.
We make payments from your account shortly after midnight at the start of the due date. If your payment date falls on a non-working day, then we will try to collect your payment the next working day.
If you don’t have enough funds in your account at this point to make a payment, we will try to make a payment again after 2.30pm the same day. This gives you the chance to put extra funds into your account so that we can make the payment. The money needs to be available to use straight away, so you could transfer money from another personal account you have with us via Internet, Mobile or Telephone Banking or pay in cash over the counter in branch.
If you do not have enough funds at the beginning of a day to make a payment:
You have until 2.30pm to pay money into your account to make the payment that day
If a payment takes you overdrawn, you have until midnight to pay money into your account to avoid a daily overdraft fee for that day.
For Standing Orders and Future Dated Payments only
If there are still not enough available funds, we will make a final try on the next working day before rejecting the payment. Details of our fees and charges can be found in the Banking Charges guide.
- Go to account screen.
- Click ‘make a quick transfer’ above your accounts.
- Type the amount you want to transfer.
- Select the account you want to transfer from.
- Select the account you want to transfer to.
- Click ‘Transfer’.
- Tap ‘Pay & transfer’ from the bottom navigation bar.
- Select the account you want to transfer from and to.
- Type the amount you want to send. Hit ‘Continue’.
Important legal information
Lloyds Bank plc. Registered office: 25 Gresham Street, London EC2V 7HN. Registered in England and Wales No. 2065. Lloyds Bank plc is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority under registration number 119278.
Eligible deposits with us are protected by the Financial Services Compensation Scheme (FSCS). We are covered by the Financial Ombudsman Service (FOS).
Telephone calls may be monitored or recorded in case we need to check we have carried out your instructions correctly and to help us improve our quality of service.
Device and Card restrictions apply. Apple Pay is available on iPhone 6 and above, Apple Watch and iPads with Touch ID. Card restrictions include International accounts, non-personal accounts, Visa credit cards , Electron cards , additional credit card holders and customers under 13 years of age
Apple, the Apple logo, iPhone and iPad are trademarks of Apple Inc., registered in the US and other countries. Apple Pay and Touch ID are trademarks of Apple Inc.
Card and account type restrictions include:
American Express credit cards, Electron Cards, Visa credit cards, additional credit cardholders, foreign currency accounts, non-personal accounts, Basic Accounts and customers under 13 years
Android, Google Pay and the Google pay and Google Play logos are trademarks of Google inc.
Mobile Banking app
Available to Internet Banking customers with a UK personal account and valid registered phone number. Our app is available on devices running iOS or Android. (the app is not compatible with some older versions of the operating systems – check the App Store or Google Play for more details). Our app does not work on jailbroken or rooted devices. Device registration required. Terms and conditions apply. Mobile Banking services may be affected by phone signal.