Accounts for charities and community organisations
Bank accounts for community and non-profit organisations like clubs, charities and societies.
Which account is right for your organisation?
We have options to suit different types of community organisations.
The account that’s best suited to you will depend on how you’re set up. You can find out more below:
Charity Account
- For organisations registered with the charity regulator for England and Wales, Scotland or Northern Ireland.
- Organisations with excepted or exempt charity status in England and Wales.
- Less than £250,000 paid in every 12 months.
- Not suitable if your organisation pays out surplus money as dividends or profits.
- Your organisation must not be a Financial Institution according to the Foreign Account Tax Compliance Act (FATCA) or Common Reporting Standards (CRS).
Community Account
- For not-for-profit organisations serving their local community such as clubs and associations, unregistered societies, school clubs and PTAs.
- Less than £250,000 paid in every 12 months.
- Not suitable if your organisation pays out surplus money as dividends or profits.
- Not suitable if your organisation is structured and run for the personal benefit of members.
- Not available to co-operatives, property management companies and residents’ management companies (or equivalent).
Helping you to help your community
Simple account fees
Non-profit organisations pay lower monthly account fees than businesses and organisations. You might still have to pay for some payments and services.
Add more than one signatory
For an extra layer of security, you can have up to four signatories on the account and update your signatory settings when you need.
Banking, simplified
The business banking app and free accounting software make it easier to make and take payments and manage your organisation’s finances.
Bank accounts for other types of organisations
Manage your finances more effectively
Whether you’re a charity, community group or another kind of not-for-profit, here you’ll find guidance and support to help manage your banking more effectively.
Bank on-the-go 24/7 with our business banking app
Log in at a time that suits you using your secure login details. For extra security, use fingerprint and Face ID on compatible devices.
- Check balances and transactions at the touch of a button.
- Pay in cheques via the app up to a daily limit of £10,000.
- Make payments of up to £250,000 per day.
Scan to download our app
Frequently asked questions
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Who is this account for?
- Clubs or societies that benefit the local or wider community but are not registered charities. This is commonly known as a not-for-profit organisation.
- Organisations that don’t operate for the personal benefit of members, shareholders or for the generation or distribution of profit.
- The above organinsations who will pay in no more than £250,000 to this account every 12 months.
Not suitable for?
- Charities.
- Schools where this is the main account – in receipt of state funding.
- Profitable clubs and societies – where any surplus money is paid out as dividends or profits.
- Co-operatives, Property Management Companies and Residents’ Management Companies where they are the sole members to benefit from the funds or activity.
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Who is this account for?
- Charities registered with the Charity Commission of England and Wales, the Scottish Charity Register (OSCR) or The Charity Commission in Northern Ireland.
- Charities with Excepted or Exempt status in England and Wales as defined on the UK government website. Check the what is exempt or excepted charity status in the FAQs.
- Registered societies, including Friendly Societies.
- If no more than £250,000 will get paid in every 12 months – across this and any other Charity Account held by the organisation.
All trustees listed on Charities Commission or on the governing documents in Scotland need to be applied to the bank account as a Key Account Person. This is to make sure we meet our regulatory and legal requirements when onboarding and maintaining a relationship. The Entity name must match Charity Commission register. There is a limit of 12 Key Account People if you’re applying for a Charity Account and are new to Lloyds.
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table Account features
Account for charities
Account for clubs & societies
Account features
Available to
Account for charities
Registered Charities with less than £250,000 paid into the account every 12 months
Account for clubs & societies
Non-profit making clubs, societies, organisations with less than £250,000 paid into the account every 12 months
Account features
Monthly account fee
Account for charities
No account fee
Account for clubs & societies
£4.25
Account features
Transaction & service fees
Account for charities
You may have to pay for some specific services. See our Product Specific Conditions (PDF, 77KB) and Account Charges & Processing Times (PDF, 1.1MB)
Account for clubs & societies
You may have to pay for some specific services. See our Product Specific Conditions (PDF, 67KB) and Account Charges & Processing Times (PDF, 1.1MB)
No credit interest is payable on these accounts. See the full account rates and charges and product terms and conditions.
Estimate monthly costs for your organisation with the Community Account calculator or Charity Account calculator.
UK Finance business account opening guide
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An exempt charity must be based in England and Wales but can’t register with the Charity Commission. It is not directly regulated by the Charity Commission and instead has a principal regulator.
- Churches and chapels belonging to some Christian denominations (see section 5).
- Charities that provide premises for some types of schools (see section 9).
- Scout and Guide groups (see section 10).
- Charitable service funds of the armed forces (see section 11).
- Student unions (see section 12).
More on excepted charity status
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If you’re from the list of organisations that can’t apply online, call us on 0345 835 7410.
We're open 9am to 5pm, Monday to Friday (except for bank holidays).
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You can find out how Financial Institutions are defined under the Foreign Account Tax Compliance Act (FATCA) or Common Reporting Standards (CRS) on the UK government website.
Independent service quality survey results
Business current accounts
Published February 2025
As part of a regulatory requirement, an independent survey was conducted to ask approximately 1,200 customers of each of the 16 largest business current account providers if they would recommend their provider to other small and medium-sized enterprises (SMEs*). The results represent the view of customers who took part in the survey.
Overall service quality
We asked customers how likely they would be to recommend their business current account provider to other SMEs.
*SMEs include businesses, clubs, charities and societies with an annual turnover/income of up to £25m (exclusive of VAT and other turnover-related taxes).
Ranking
The requirement to publish the Financial Conduct Authority Service Quality Information for Business current accounts can be found here.