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

£7.00

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.

£0.90 per £100

Cheques (in and out)4

£0.85

Credit in5

£0.85

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.
4Any cheque payment in or out of your current account made via a branch counter, depositpoint™, Immediate Deposit Machine, or bulk or other cheque deposit service including cheque imaging via the Business Mobile Banking App.
5Credit in is a fee charged when paying in a credit of cheques and/or cash at the branch counter, or through other cheque/cash deposit services. We do not charge a credit in fee when you deposit via an Immediate Deposit Machine, depositpoint™, 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 and Electronic Business

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.

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

Monthly Account Maintenance Fee

Business Extra

Electronic Business Tariff

Monthly Account Maintenance Fee

Business Extra

£15.00

Electronic Business Tariff

£20.00

Electronic Transactions

Business Extra

Electronic Business Tariff

Electronic Transactions

UK Sterling Direct Debits

Business Extra

37p

Electronic Business Tariff

Free

Electronic Transactions

Standing order

Business Extra

37p

Electronic Business Tariff

Free

Electronic Transactions

Business Debit card transaction (excluding ATM)

Business Extra

37p

Electronic Business Tariff

Free

Electronic Transactions

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

Business Extra

37p

Electronic Business Tariff

Free

Electronic Transactions

Internet Bulk Payment – batch UK Sterling Direct Debit ‡

Business Extra

37p

Electronic Business Tariff

Free

Electronic Transactions

Automated credit

Business Extra

37p

Electronic Business Tariff

Free

Electronic Transactions

Automated credit - Telephone and Internet Banking

Business Extra

37p

Electronic Business Tariff

Free

Electronic Transactions

Automated credit – Faster Payments inbound

Business Extra

37p

Electronic Business Tariff

Free

Electronic Transactions

Internet Banking and PhoneBank®* payments

Business Extra

37p

Electronic Business Tariff

Free

Electronic Transactions

Internet Bulk Payment – per item

Business Extra

37p

Electronic Business Tariff

Free

Electronic Transactions

Faster Payments outbound

Business Extra

37p

Electronic Business Tariff

Free

Electronic Transactions

Transfer (to or from another account in your name with the sort code starting 80 or 12)

Business Extra

Free

Electronic Business Tariff

Free

Cheques and Cash

Business Extra

Electronic Business Tariff

Cheques and Cash

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

Business Extra

75p

Electronic Business Tariff

90p

Cheques and Cash

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

Business Extra

25p

Electronic Business Tariff

30p

Cheques and Cash

Cash paid in at a Bank of Scotland counter

Business Extra

90p per £100

Electronic Business Tariff

£1.40 per £100

Cheques and Cash

Cash in at Immediate Deposit Machine (available in branch)

Business Extra

75p per £100

Electronic Business Tariff

£1 per £100

Cheques and Cash

Cash paid out at a Lloyds Bank counter**

Business Extra

90p per £100

Electronic Business Tariff

£1.40 per £100

Other branch transactions

Business Extra

Electronic Business Tariff

Other branch transactions

Other debit

Business Extra

70p

Electronic Business Tariff

80p

Other branch transactions

Other credit

Business Extra

70p

Electronic Business Tariff

80p

Other branch transactions

Credit paid in at a Lloyds Bank branch

Business Extra

85p

Electronic Business Tariff

80p

Other branch transactions

Credit paid in via an Immediate Deposit Machine or Mobile App

Business Extra

70p

Electronic Business Tariff

80p

Other services

Business Extra

Electronic Business Tariff

Other services

Cash exchanged

Business Extra

£1.90 per £100

Electronic Business Tariff

£2.10 per £100

Other services

Bacs – batch file submitted

Business Extra

£5.50

Electronic Business Tariff

£5.50

Other services

Bacs – debit or credit item

Business Extra

15p

Electronic Business Tariff

Free

Other services

Telepay – debit or credit item

Business Extra

50p

Electronic Business Tariff

50p

Other services

Cardnet envelope paid in

Business Extra

Free

Electronic Business Tariff

Free

Other services

Credit paid in via Night Safe

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.