Account Services and Charges

We can offer you a wide range of services. Any charges for routine transactions on your account will always be agreed with you in advance, and we will give you a minimum of 30 days notice of any increase in charges, except for changes in Lloyds Bank Base Rate. There is no standing charge on your current account.

Domestic Charges

The domestic tariff charges for our most commonly used services are set out below.

  • Tariff per item

    Cheque paid out

    Tariff per item

    59p

    Direct Debit

    Tariff per item

    40p

    Standing Order

    Tariff per item

    50p

    Transfer to another account in your name with a sort code starting 30-XX-XX

    Tariff per item

    FREE

    Unpaid cheque, Standing Order or Direct Debit returned due to lack of funds*

    Tariff per item

    £30

    Cash withdrawal by debit card at any Lloyds Bank Cashpoint®

    Tariff per item

    No charge

    Cash withdrawal by debit card at another bank's ATM

    Tariff per item

    42p

    Other debits including CHAPS and Faster Payments** payments

    Tariff per item

    59p

    * If we have to return one of your cheques, standing orders or Direct Debits due to lack of funds we will make a charge. If we are unable to pay an item for a technical reason i.e. a cheque is out of date we will advise you, but not make a charge.

    ** Electronic transfer schemes for sending payments. This charge applies to posting the transaction to your account and not the charge associated with the transmission of the payment.

  • Tariff per item

    Credit paid in at any Lloyds Bank branch

    Tariff per item

    75p

    Credit paid in at another branch

    Tariff per item

    75p

    Credit paid in via a night safe

    Tariff per item

    £2.75

    Charge per cheque (non-bulk) paid in

    Tariff per item

    28p

    Automated credits (including Faster Payments)

    Tariff per item

    15p

    Transfer from another account in your name with a sort code starting 30-XX-XX

    Tariff per item

    FREE

    Other credits including CHAPS receipts

    Tariff per item

    75p

  • Establishment of Direct Debits

    No charge

    Establishment of Standing Orders

    No charge

  • Tariff

    Borrowing

    Tariff

    Both the loan terms and rates

    Tariff

    By agreement

    Overdraft interest rate

    Tariff

    Borrowing within your agreed facility

    Tariff

    By agreement

    Borrowing above your agreed facility

    Tariff

    22.5% over Bank of England Bank Rate

    Arrangement fee

    Tariff

    Fee charged for agreeing and arranging a loan or overdraft

    Tariff

    The standard fee is 1.5% (minimum £300)

    A fee will also be charged on renewal of overdraft facility

    Tariff

    The renewal fee is 1% (minimum £300)

    Security fee

    Tariff

    The costs involved in completing any security will be recovered from you

    Tariff

    A scale of charges is available on request

    Management fee

    Tariff

    Management fees will be charged for any additional work incurred when dealing with your business needs. This fee will be agreed with you in advance

    Tariff

    By agreement

  • Tariff per item

    Banker's Draft

    Tariff per item

    £10

    A cheque raised by the Bank to guarantee payment

    Tariff per item

    Special cheque presentation

    Tariff per item

    A cheque paid into your account, sent direct to another branch or bank for payment

    Tariff per item

    £10 inclusive of VAT

    Manual Instructions

    Tariff per item

    CHAPS payment

    Tariff per item

    £30

    Statements

    Tariff per item

    You will receive a regular statement of your account

    Tariff per item

    No charge

    Interim statements

    Tariff per item

    Can be ordered from a branch or service centre

    Tariff per item

    £3

    Can be ordered from a Cashpoint® machine

    Tariff per item

    No charge

    Copy statements

    Tariff per item

    Last statement (if lost or not received)

    Tariff per item

    No charge

    Earlier statement

    Tariff per item

    £5 per sheet

    Statement posted to multiple addresses

    Tariff per item

    £1 per additional sheet

    Vouchers with statements

    Tariff per item

    If you require us to return some or all of your vouchers with your statements

    Tariff per item

    £6 per sheet

    Audit letter

    Tariff per item

    Details of balances and other information provided, with your authority, to your accountant

    Tariff per item

    £25 per account plus VAT

    Banker's reference/Status enquiry

    Tariff per item

    £10.21 inclusive of VAT

    Standing Orders and Direct Debits

    Tariff per item

    For a list of your Standing Orders and Direct Debits

    Tariff per item

    No charge

    Bacs

    Tariff per item

    Setting up a new Bacs Service User Number

    Tariff per item

    £250 minimum for application including Direct Debit

    £150 for Direct Credit only application

    Bacs file submitted

    • via own software or Commercial Bureau
    • multi processing file submission and for each individual day section

    Tariff per item

    £4

    Bacs– debit or credit item

    Tariff per item

    10p

    Bacs – setting up a new Direct Debit request

    Tariff per item

    10p

    Bacs recall

    Tariff per item

    £5 per recall

    Bacs trace

    Tariff per item

    £5 per trace

    Smart Card

    Tariff per item

    New, replacement or renewal Smart Card used to secure direct submission of files to Bacs

    Tariff per item

    £30 per Smart Card plus VAT

    Hardware Security Module (HSM) Certificate

    Tariff per item

    £500 per HSM plus VAT

    Telepay – debit or credit item

    Tariff per item

    32p

    Bacs or Telepay excess

    Tariff per item

    You can use a range of electronic payment systems, which require a payment limit. However, we will charge you on each occasion that you exceed your limit without prior agreement

    Tariff per item

    £50

    Provision of sweep facilities

    Tariff per item

    Transaction charge for transfer of funds between the business current account and other accounts

    Tariff per item

    No charge

    Sweep, also known as auto transfers

    Tariff per item

    Daily: £10 per month

    Weekly: £7 per month

    Monthly: £5 per month

  • Tariff per item

    Cash paid in over the counter or received by post

    Tariff per item

    53p per £100

    Cash paid out over the counter at any Lloyds Bank branch

    Tariff per item

    53p per £100

    Cash exchanging

    Tariff per item

    £2 per £100

    Recall of automated credit standing order

    Tariff per item

    £5

    Stopped cheque

    • if not lost or stolen, your instruction to us not to pay a cheque you have issued
    • if the cheque has been lost or stolen.

    Tariff per item

    £10

    No charge

    SWIFT Data Reporting

    Tariff per item

    Please contact your Relationship Director

    Provision of a debit card

    Tariff per item

    No charge

  • If a cheque credited to your account is returned to us unpaid by another bank or branch, for any reason, we will debit your account, advise you and either return it to you or present it again for payment

    No charge

International charges

  • Typical tariff per item

    Currency accounts

    Typical tariff per item

    Maintenance fee (includes transfer to/from sterling account)

    Typical tariff per item

    £5 per month

    Cash paid in or out

    Typical tariff per item

    £2 per £100 (minimum £3) plus £10 administration fee

    Cheque paid

    Typical tariff per item

    £5

    Other

    Typical tariff per item

    Status enquiries

    Typical tariff per item

    £20 each (including VAT)

    Telex request (optional)

    Typical tariff per item

    An additional £10 each (including VAT)

    Letters of introduction

    Typical tariff per item

    £20 each (including VAT)

    SWIFT Data Reporting

    Typical tariff per item

    Please contact your Relationship Director

    Note: Where the transaction is in a different currency from the account (including sterling) the appropriate rate of exchange will be advised to you at the time of the transaction.

  • Typical tariff per item

    Bank transfer

    Typical tariff per item

    A handling charge will be deducted unless the person sending the money has elected to pay this

    Typical tariff per item

    • Up to £100, £2
    • Over £100, £7

    Cheque negotiation

    Typical tariff per item

    We retain the right of recourse if the cheque is later returned unpaid

    Typical tariff per item

    • Up to £100, £5
    • Over £100, 25p per £100, per currency, per country (minimum £8; maximum £80)

    Cheques expressed in a different currency from the country upon which the cheque is drawn. There will be an interest charge for the number of days Lloyds Bank is out of funds for cheques expressed in sterling drawn on a country other than the UK

    Typical tariff per item

    • Up to £100, £5
    • Over £100, 25p per £100, per currency, per country (minimum £8; maximum £80)

    Cheque collection

    Typical tariff per item

    Depending on the country involved, collection can take from a few days to over a month – the charge is taken whether the cheque is paid or not

    Typical tariff per item

    • Up to £100, £5
    • Over £100, 25p per £100, per cheque (minimum £15; maximum £80).

    Unpaid cheques

    Typical tariff per item

    For negotiations the value of the cheque will be debited to your account using the prevailing exchange rate. This means that the amount debited to your account may differ to the amount originally credited. Note: Where the transaction is in a different currency from the account (including sterling), the appropriate rate of exchange will be advised to you at the time of the transaction.

    Typical tariff per item

    £5 handling charge

  • Typical tariff per item

    Charges apply to payment instructions submitted directly to a Service Centre. For details of our tariff for payments submitted electronically, please contact your relationship manager.

    Typical tariff per item

    Standard International Moneymover

    Typical tariff per item

    For less urgent payments (excluding euro) – normally received by the beneficiary within three to five working days.

    Typical tariff per item

    25p per £100 (minimum £13; maximum £40) inclusive of transmission and one chaser* in case of non-receipt.

    Correspondent Bank Fee

    Typical tariff per item

    A correspondent bank fee is also payable for international payments made outside the EEA, when you select to pay all charges (OUR). Zone 1: £12 - USA, Canada, Switzerland, Monaco, San Marino, Jersey, Guernsey and Isle of Man (non EEA). Zone 2: £20 - rest of the world, excluding EEA.

    Express International Moneymover

    Typical tariff per item

    For urgent payments (excluding euro) the fastest way to send money overseas – normally received by the beneficiary within three working days

    Typical tariff per item

    As Standard International Moneymover plus £6

    Correspondent Bank Fee

    Typical tariff per item

    A correspondent bank fee is also payable for international payments made outside the EEA, when you select to pay all charges (OUR). Zone 1: £12 - USA, Canada, Switzerland, Monaco, San Marino, Jersey, Guernsey and Isle of Man (non EEA). Zone 2: £20 - rest of the world, excluding EEA.

    Euro International Moneymover**

    Typical tariff per item

    **Payment instructions that do not contain a valid Bank Identifier Code (BIC) and an International Bank Account Number (IBAN) will have an additional charge of £7 applied.

    Typical tariff per item

    Normally received by the beneficiary same day or within three working days

    Typical tariff per item

    25p per £100 (minimum £16; maximum £40) inclusive of transmission and one chaser* in case of non-receipt

    International Draft Payable Abroad

    Typical tariff per item

    Drafts can be supplied in various currencies

    Typical tariff per item

    £10

    Cancellation/Amendments

    Typical tariff per item

    Applicable to all payment types. International Drafts cannot be amended once issued. Note: We cannot guarantee the cancellation, as funds may already have been paid to the beneficiary. If this happens, we will refund the recall fee. Where the transaction is in a different currency from the account to be debited (including sterling), the appropriate rate of exchange will be advised to you at the time of the transaction.

    Typical tariff per item

    £20

    *Chasers

    Typical tariff per item

    Chasers for non-receipt

    Typical tariff per item

    £10 - £15 each

  • For full details of our Trade Tariffs including Letters of Credit, Documentary Collections, Guarantees and Standby Letters of Credit, please see our dedicated brochure.

  • Typical tariff per item

    To other currency accounts

    Typical tariff per item

    No charge

    To sterling accounts

    Typical tariff per item

    No charge

Interest Rates and Charges