•  

    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.

    • Account payments

       Tariff per item
      Cheque paid out59p
      Direct Debit40p
      Standing Order50p
      Transfer to another account in your name with a sort code starting 30-XX-XXFREE
      Unpaid cheque, Standing Order or Direct Debit returned due to lack of funds*£30
      Cash withdrawal by debit card at any Lloyds Bank Cashpoint®No charge
      Cash withdrawal by debit card at another bank's ATM42p
      Other debits including CHAPS and Faster Payments** payments59p

      * 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 If we are unable to pay an item for a technical reason i.e. a cheque is out of date we will advise you, but not make a charge.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.

       

    • Account receipts

       Tariff per item
      Credit paid in at any Lloyds Bank branch75p
      Credit paid in at another branch75p
      Credit paid in via a night safe£2.75
      Charge per cheque (non-bulk) paid in28p
      Automated credits (including Faster Payments)15p
      Transfer from another account in your name with a sort code starting 30-XX-XXFREE
      Other credits including CHAPS receipts75p
       

    • Borrowing

       Tariff
      Borrowing
      Both the loan terms and ratesBy agreement
      Overdraft interest rate
      Borrowing within your agreed facilityBy agreement
      Borrowing above your agreed facility22.5% over Bank of England Bank Rate
      Arrangement fee
      Fee charged for agreeing and arranging a loan or overdraftThe standard fee is 1.5% (minimum £300)
      A fee will also be charged on renewal of overdraft facilityThe renewal fee is 1% (minimum £300)
      Security fee
      The costs involved in completing any security will be recovered from youA scale of charges is available on request
      Management fee
      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.
      By agreement
       

    • Direct Debits and Standing Orders

      Establishment of Direct DebitsNo charge
      Establishment of Standing OrdersNo charge
       

    • Other Charges

       Tariff per item
      Banker's Draft
      A cheque raised by the Bank to guarantee payment£10
       
      Special cheque presentation
      A cheque paid into your account, sent direct to another branch or bank for payment£10 inclusive of VAT
      Manual Instructions
      CHAPS payment£30
      Statements
      You will receive a regular statement of your accountNo charge
      Interim statements
      Can be ordered from a branch or service centre£3
      Can be ordered from a Cashpoint® machineNo charge
      Copy statements
      Last statement (if lost or not received)No charge
      Earlier statement£5 per sheet
      Statement posted to multiple addresses£1 per additional sheet
      Vouchers with statements
      If you require us to return some or all of your vouchers with your statements£6 per sheet
      Audit letter
      Details of balances and other information provided, with your authority, to your accountant£25 per hour (minimum £25) plus VAT
      Banker's reference/Status enquiry£10.21 inclusive of VAT
      Standing Orders and Direct Debits
      For a list of your Standing Orders and Direct DebitsNo charge
      Bacs 

      Setting up a new Bacs Service User Number

       

      £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
       
      £4
      Bacs– debit or credit item10p
      Bacs – setting up a new Direct Debit request10p
      Bacs recall£5 per recall
      Bacs trace£5 per trace
      Smart Card
      New, replacement or renewal Smart Card used to secure direct submission of files to Bacs£30 per Smart Card plus VAT
      Hardware Security Module (HSM) Certificate£500 per HSM plus VAT
      Telepay – debit or credit item32p
      Bacs or Telepay excess
      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£50
      Provision of sweep facilities
      Transaction charge for transfer of funds between the business current account and other accountsNo charge
      Sweep, also known as auto transfersDaily: £10 per month
      Weekly: £7 per month
      Monthly: £5 per month
       

    • Other Services

       Tariff per item
      Cash paid in over the counter or received by post53p per £100
      Cash paid out over the counter at any Lloyds Bank branch53p per £100
      Cash exchanging£2 per £100
      Recall of automated credit standing order£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.
       

       

      £10  

      No charge
      SWIFT Data ReportingPlease contact your Relationship
      Director
      Provision of a debit cardNo charge
       

    • Returned Cheque

      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 paymentNo charge
       

  •  

    International charges

     

    • General services

       Typical tariff per item
      Currency accounts
      Maintenance fee (includes transfer to/from sterling account)£5 per month
      Cash paid in or out£2 per £100 (minimum £3) plus £10 administration fee
      Cheque paid£5
      Other
      Status enquiries£20 each (including VAT)
      Telex request (optional)An additional £10 each (including VAT)
      Letters of introduction£20 each (including VAT)
      SWIFT Data ReportingPlease 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.

       

    • Receiving money from abroad

       Typical tariff per item
      Bank transfer
      A handling charge will be deducted unless the person sending the money has elected to pay this
      • Up to £100, £2
      • Over £100, £7
       
      Cheque negotiation
      We retain the right of recourse if the cheque is later returned unpaidUp 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 UKUp to £100, £5
      Over £100, 25p per £100, per currency, per country (minimum £8; maximum £80)
      Cheque collection
      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
      • Up to £100, £5
      • Over £100, 25p per £100, per cheque (minimum £15; maximum £80).
      Unpaid cheques
      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.
      £5 handling charge
       

    • Sending money abroad

       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.
      Standard International Moneymover
      For less urgent payments (excluding euro) – normally received by the beneficiary within three to five working days25p per £100 (minimum £13; maximum £40) inclusive of transmission and one chaser* in case of non-receipt
      Agents ChargesPlease note, further agents charges may be applied to international payments. Please contact your Releationship Manager for further information.
      Express International Moneymover
      For urgent payments (excluding euro) the fastest way to send money overseas – normally received by the beneficiary within three working daysAs Standard International Moneymover plus £6
       Agents ChargesPlease note, further agents charges may be applied to international payments. Please contact your Releationship Manager for further information.
      Euro International Moneymover**
      **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.
      Normally received by the beneficiary same day or within three working days25p per £100 (minimum £16; maximum £40) inclusive of transmission and one chaser* in case of non-receipt
      International Draft Payable Abroad
      Drafts can be supplied in various currencies£10
      Cancellation/Amendments
      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.
      £20
      *Chasers
      Chasers for non-receipt£10 - £15 each
       

    • Trade tariffs

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

    • Transfer between your Lloyds Bank accounts

       Typical tariff per item
      To other currency accountsNo charge
      To sterling accountsNo charge