Charges

Turnover less than £3million

Our Business Current Account has one simple price plan.

There is no charge for electronic payments, including withdrawing cash from a cash machine and paying by debit card.

Monthly account Fee1

£6.50

Electronic payments (in or out)2

Free

Cash payments  (in or out)3

The first £1500 per month.

£1 per £100

Cash payments (in or out)3

Anything over £1500 per month.

£0.80 per £100

Cheques (in and out) and credits in4

£0.65

1 A fixed fee for operating your account
2 Includes online, automated and debit card payments
3 Cash you pay into or withdraw from your account using our branch counter or deposit machine. We don’t charge for ATM withdrawals.
4 Credit in is a fee charged when paying in a credit of any combination of cheques or cash at the branch counter.  We do not charge a credit in fee when you deposit via an Immediate Deposit Machine, Night Safe, Business Mobile Banking App cheque imaging or Post Office counters.

Full terms and conditions

To find out what your likely monthly charges would be for the Business Current Account, use the Business Current Account calculator.  

Turnover between £3 million and £25 million

Business Extra, Electronic Business and Commercial Tariff

Choose the tariff that best suits your business. How do you use your business account? If you prefer more traditional banking ways, like writing cheques, our standard Business Extra should suit you fine.

On the Electronic Business Tariff you can keep charges low with free transactions including debit card payments, Direct Debits, standing orders and Internet payments.

Commercial Tariff is suitable where cash and cheque are your primary transactions.

Talk to your Relationship Manager about what kind of account would be more suitable for your type of business.

Monthly Account Maintenance Fee

Commercial Tariff

Business Extra

Electronic Business Tariff

Monthly Account Maintenance Fee

Commercial Tariff

£6.50

Business Extra

£6.50

Electronic Business Tariff

£12.50

Electronic Transactions

Commercial Tariff

Business Extra

Electronic Business Tariff

Electronic Transactions

UK Sterling Direct Debits

Commercial Tariff

43p

Business Extra

40p

Electronic Business Tariff

Free

Electronic Transactions

Standing order

Commercial Tariff

50p

Business Extra

40p

Electronic Business Tariff

Free

Electronic Transactions

Business Debit card transaction (excluding ATM)

Commercial Tariff

44p

Business Extra

40p

Electronic Business Tariff

Free

Electronic Transactions

ATM withdrawals (free from a Lloyds Banking Group Cashpoint®* machine) †

Commercial Tariff

42p

Business Extra

40p

Electronic Business Tariff

Free

Electronic Transactions

Internet Bulk Payment – batch UK Sterling Direct Debit ‡

Commercial Tariff

43p 

Business Extra

40p

Electronic Business Tariff

Free

Electronic Transactions

Automated credit

Commercial Tariff

15p

Business Extra

20p

Electronic Business Tariff

Free

Electronic Transactions

Automated credit - Telephone and Internet Banking

Commercial Tariff

25p

Business Extra

20p

Electronic Business Tariff

Free

Electronic Transactions

Automated credit – Faster Payments inbound

Commercial Tariff

15p

Business Extra

20p

Electronic Business Tariff

Free

Electronic Transactions

Internet Banking and PhoneBank®* payments

Commercial Tariff

25p

Business Extra

20p

Electronic Business Tariff

Free

Electronic Transactions

Internet Bulk Payment – per item

Commercial Tariff

20p

Business Extra

20p

Electronic Business Tariff

Free

Electronic Transactions

Faster Payments outbound

Commercial Tariff

25p

Business Extra

20p

Electronic Business Tariff

Free

Electronic Transactions

Transfer (to or from another account in your name with the sort code starting 30, 77 or 87)

Commercial Tariff

Free

Business Extra

Free

Electronic Business Tariff

Free

Cheques and Cash

Commercial Tariff

Business Extra

Electronic Business Tariff

Cheques and Cash

Cheque paid in at a Bank of Scotland counter (or Postal order)

Commercial Tariff

31p

Business Extra

50p

Electronic Business Tariff

65p

Cheques and Cash

Cheques in via Immediate Deposit Machine (available in branch) or Digital Channel

Commercial Tariff

31p

Business Extra

30p

Electronic Business Tariff

35p

Cheques and Cash

Cheque payment

Commercial Tariff

62p

Business Extra

70p

Electronic Business Tariff

80p

Cheques and Cash

Cash paid in at a Bank of Scotland counter

Commercial Tariff

56p per £100

Business Extra

70p per £100

Electronic Business Tariff

£1 per £100

Cheques and Cash

Cash in at Immediate Deposit Machine (available in branch)

Commercial Tariff

56p per £100

Business Extra

60p per £100

Electronic Business Tariff

90p per £100

Cheques and Cash

Cash paid out at a Lloyds Bank counter**

Commercial Tariff

56p per £100

Business Extra

70p per £100

Electronic Business Tariff

£1 per £100

Other branch transactions

Commercial Tariff

Business Extra

Electronic Business Tariff

Other branch transactions

Other debit

Commercial Tariff

59p

Business Extra

70p

Electronic Business Tariff

80p

Other branch transactions

Other credit

Commercial Tariff

75p

Business Extra

70p

Electronic Business Tariff

80p

Other branch transactions

Credit paid in at a Lloyds Bank branch (including via an Immediate Deposit Machine)

Commercial Tariff

75p

Business Extra

70p

Electronic Business Tariff

80p

Other branch transactions

Credit paid in at another bank

Commercial Tariff

75p

Business Extra

70p

Electronic Business Tariff

80p

Other services

Commercial Tariff

Business Extra

Electronic Business Tariff

Other services

Cash exchanged

Commercial Tariff

£2.00 per £100

Business Extra

£1.65 per £100

Electronic Business Tariff

£1.65 per £100

Other services

Bacs – batch file submitted

Commercial Tariff

£5

Business Extra

£5

Electronic Business Tariff

£5

Other services

Bacs – debit or credit item

Commercial Tariff

10p

Business Extra

10p

Electronic Business Tariff

Free

Other services

Telepay – debit or credit item

Commercial Tariff

50p

Business Extra

50p

Electronic Business Tariff

50p

Other services

Cardnet envelope paid in

Commercial Tariff

Free

Business Extra

Free

Electronic Business Tariff

Free

Other services

Credit paid in via Night Safe

Commercial Tariff

Free

Business Extra

Free

Electronic Business Tariff

Free

†The owner of the machine may also charge you for this transaction. All LINK machines will give you an on-screen warning of charges, in advance, allowing you to continue or cancel the transaction.

‡ You will be charged an item fee for each individual payment that you make within a Bulk Payments batch. In addition you will also be charged for the debit made to your account for the total amount of the Bulk Payments batch – charged at the rate of a UK Sterling Direct Debit. For example, on Business Extra , a batch of 10 payments will incur a charge of 10 x 20p for the individual payments as well as 1 x 40p for the UK Sterling Direct Debit to the account. This makes a total of 11 individual charges.

* Cashpoint® is a registered trademark of Lloyds Bank plc and Phonebank® is a registered trademark of Lloyds Bank plc

** This includes the use of debit cards to withdraw cash over branch counters and where a bank giro credit is paid using either a debit card or a cheque drawn on your account and processed as cleared funds.