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.
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 TransactionsUK Sterling Direct Debits |
Commercial Tariff43p |
Business Extra40p |
Electronic Business TariffFree |
Electronic TransactionsStanding order |
Commercial Tariff50p |
Business Extra40p |
Electronic Business TariffFree |
Electronic TransactionsBusiness Debit card transaction (excluding ATM) |
Commercial Tariff44p |
Business Extra40p |
Electronic Business TariffFree |
Electronic TransactionsATM withdrawals (free from a Lloyds Banking Group Cashpoint®* machine) † |
Commercial Tariff42p |
Business Extra40p |
Electronic Business TariffFree |
Electronic TransactionsInternet Bulk Payment – batch UK Sterling Direct Debit ‡ |
Commercial Tariff43p |
Business Extra40p |
Electronic Business TariffFree |
Electronic TransactionsAutomated credit |
Commercial Tariff15p |
Business Extra20p |
Electronic Business TariffFree |
Electronic TransactionsAutomated credit - Telephone and Internet Banking |
Commercial Tariff25p |
Business Extra20p |
Electronic Business TariffFree |
Electronic TransactionsAutomated credit – Faster Payments inbound |
Commercial Tariff15p |
Business Extra20p |
Electronic Business TariffFree |
Electronic TransactionsInternet Banking and PhoneBank®* payments |
Commercial Tariff25p |
Business Extra20p |
Electronic Business TariffFree |
Electronic TransactionsInternet Bulk Payment – per item |
Commercial Tariff20p |
Business Extra20p |
Electronic Business TariffFree |
Electronic TransactionsFaster Payments outbound |
Commercial Tariff25p |
Business Extra20p |
Electronic Business TariffFree |
Electronic TransactionsTransfer (to or from another account in your name with the sort code starting 30, 77 or 87) |
Commercial TariffFree |
Business ExtraFree |
Electronic Business TariffFree |
|
Cheques and Cash |
Commercial Tariff |
Business Extra |
Electronic Business Tariff |
|---|---|---|---|
Cheques and CashCheque paid in at a Bank of Scotland counter (or Postal order) |
Commercial Tariff31p |
Business Extra50p |
Electronic Business Tariff65p |
Cheques and CashCheques in via Immediate Deposit Machine (available in branch) or Digital Channel |
Commercial Tariff31p |
Business Extra30p |
Electronic Business Tariff35p |
Cheques and CashCheque payment |
Commercial Tariff62p |
Business Extra70p |
Electronic Business Tariff80p |
Cheques and CashCash paid in at a Bank of Scotland counter |
Commercial Tariff56p per £100 |
Business Extra70p per £100 |
Electronic Business Tariff£1 per £100 |
Cheques and CashCash in at Immediate Deposit Machine (available in branch) |
Commercial Tariff56p per £100 |
Business Extra60p per £100 |
Electronic Business Tariff90p per £100 |
Cheques and CashCash paid out at a Lloyds Bank counter** |
Commercial Tariff56p per £100 |
Business Extra70p per £100 |
Electronic Business Tariff£1 per £100 |
|
Other branch transactions |
Commercial Tariff |
Business Extra |
Electronic Business Tariff |
|---|---|---|---|
Other branch transactionsOther debit |
Commercial Tariff59p |
Business Extra70p |
Electronic Business Tariff80p |
Other branch transactionsOther credit |
Commercial Tariff75p |
Business Extra70p |
Electronic Business Tariff80p |
Other branch transactionsCredit paid in at a Lloyds Bank branch (including via an Immediate Deposit Machine) |
Commercial Tariff75p |
Business Extra70p |
Electronic Business Tariff80p |
Other branch transactionsCredit paid in at another bank |
Commercial Tariff75p |
Business Extra70p |
Electronic Business Tariff80p |
|
Other services |
Commercial Tariff |
Business Extra |
Electronic Business Tariff |
|---|---|---|---|
Other servicesCash exchanged |
Commercial Tariff£2.00 per £100 |
Business Extra£1.65 per £100 |
Electronic Business Tariff£1.65 per £100 |
Other servicesBacs – batch file submitted |
Commercial Tariff£5 |
Business Extra£5 |
Electronic Business Tariff£5 |
Other servicesBacs – debit or credit item |
Commercial Tariff10p |
Business Extra10p |
Electronic Business TariffFree |
Other servicesTelepay – debit or credit item |
Commercial Tariff50p |
Business Extra50p |
Electronic Business Tariff50p |
Other servicesCardnet envelope paid in |
Commercial TariffFree |
Business ExtraFree |
Electronic Business TariffFree |
Other servicesCredit paid in via Night Safe |
Commercial TariffFree |
Business ExtraFree |
Electronic Business TariffFree |
†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.