Bacs (Agency Banks)

We can provide sponsorship to you and your customers into the UK’s 3 day value payments scheme for both Direct Debits and Credits. We also provide access to the Suite of Bacs Services for Agency Banks.

Non-Sterling Currency Account

For accounts opened prior to 22 February 2018.

The following Terms and Conditions are for any current account you hold with us that is in a currency other than Pound Sterling.

Head Office Collection

Trading account used for your day to day banking transactions

Insolvency Account

This account is only available to Insolvency Practitioners

Paper Cheques and Credits (Agency Banks)

You can issue your own branded cheque and credit books to your customers as well as providing access to the clearing scheme for the collection of cheques across your own counters or indirectly by your own customers.

Pension Fund Account

Terms & Conditions for your Pension Fund Account

Project Bank Account

Project Bank account is an account designed to promote prompt and fair payment to contractors and subcontractors.

Sterling Current Accounts

Our sterling current accounts help you manage your daily transactions. These Terms and Conditions are for the Corporate Current Accounts you hold with us, and any new Corporate Current Accounts you apply for.

Sterling Deposit Accounts

The following Terms and Conditions are for corporate deposit accounts in Sterling only.

Audit Requests

Provides information about Lloyds Bank Corporate Markets plc audit requests

Bacs (Agency Banks)

We can provide sponsorship to you and your customers into the UK’s 3 day value payments scheme for both Direct Debits and Credits. We also provide access to the Suite of Bacs Services for Agency Banks.

Bacstel-IP

The UK's low value direct and indirect payments service providing a 3 day processing cycle.

Bulk Cash Till Service

Bulk Cash Till Delivery service is a facility for customers who regularly undertake cash withdrawals. The service is operated in conjunction with accredited third party security carrier for cash transportation and provides a secure, efficient and cost effective method of withdrawing cash

Bulk Cheque Processing Service

Business Travel Solution Sterling

The Terms and Conditions, Conditions of Use and Pricing information apply to the Sterling Business Travel Solution. Business Travel Solution (BTS) is designed to make the payment, management and reconciliation of employee travel expenses more efficient when using a Travel Management Company.

Business Travel Solution Euro

The Terms and Conditions, Conditions of Use and Pricing information apply to the Euro Business Travel Solution. Business Travel Solution (BTS) is designed to make the payment, management and reconciliation of employee travel expenses more efficient when using a Travel Management Company and to eliminate the cost of foreign exchange fees when transacting in euros.

Business Travel Solution US Dollar

The Terms and Conditions, Conditions of Use and Pricing information apply to the US Dollar Business Travel Solution. Business Travel Solution (BTS) is designed to make the payment, management and reconciliation of employee travel expenses more efficient when using a Travel Management Company and to eliminate the cost of foreign exchange fees when transacting in US Dollars.

Client Accounts

Terms and Conditions relating to a Designated or Undesignated Client Account.

Code Authenticator

Enables authentication of fax and email instructions.

Commercial Banking Online

Terms and Conditions for clients using Commercial Banking Online.

Corporate Charge Card Sterling

The Terms and Conditions, Conditions of Use and Pricing information apply to the Sterling Corporate Charge Card. This is designed to make the payment and management of expenses relating to employee travel and entertainment more efficient.

Corporate Charge Card Euro

The Terms and Conditions, Conditions of Use and Pricing information apply to the Euro Corporate Charge Card. This is designed to improve the efficiency of the payment process when colleagues are incurring travel and entertainment expenses and to eliminate the cost of foreign exchange fees when transacting in euros.

Corporate Charge Card US Dollar

The Terms and Conditions, Conditions of Use and Pricing information apply to the US Dollar Corporate Charge Card. This is designed to improve the efficiency of the payment process when colleagues are incurring travel and entertainment expenses and to eliminate the cost of foreign exchange fees when transacting in US Dollars.

Corporate MultiPay Sterling

The Terms and Conditions, Conditions of Use and Pricing information apply to Corporate MultiPay Sterling which colleagues can use to purchase travel and entertainment as well as business supplies.

Corporate MultiPay Euro

The Terms and Conditions, Conditions of Use and Pricing information apply to Corporate MultiPay Euro which colleagues can use to purchase travel and entertainment as well as business supplies. It is also designed to eliminate the cost of foreign exchange when transacting in euros.

Corporate MultiPay US Dollar

The Terms and Conditions, Conditions of Use and Pricing information apply to Corporate MultiPay US Dollar which colleagues can use to purchase travel and entertainment as well as business supplies. It is also designed to eliminate the cost of foreign exchange when transacting in US Dollars.

Corporate Online (COL)

Our online banking solutions offer a wide-ranging suite of internet-based services to help you administer your business activities more efficiently.

Corporate Purchasing Card

The Terms and Conditions, Conditions of Use and Pricing information apply to Purchasing Card which is used to streamline the internal procure-to-pay process for business commodities.

Direct Collection Terms and Indemnity

International Cash Management

Allows customers to manage their accounts held at other financial institutions through LloydsLink or Direct Corporate Access and initiate payments on Lloyds Bank accounts through other financial institutions. Also allows statement reporting to another bank and payments initiation via a partner banks electronic banking platform.

Paper Cheques and Credits (Agency Banks)

You can issue your own branded cheque and credit books to your customers as well as providing access to the clearing scheme for the collection of cheques across your own counters or indirectly by your own customers.

SEPA Credit Transfer - Euro Clearing Service

As a leading European Bank, with its own SEPA reachability and infrastructure, we can offer your institution indirect participation into the SEPA Credit Transfer Scheme.

Sterling Current Accounts

Our sterling current accounts help you manage your daily transactions. These Terms and Conditions are for the Corporate Current Accounts you hold with us, and any new Corporate Current Accounts you apply for.

TARGET2 - Euro Clearing Service

As a Direct Participant of TARGET2 (Trans European Real Time Gross Settlement Express Transfer) we are able to send and receive euro payments on behalf of those Financial Institutions who wish to access this scheme.

Bulk Cash Till Service

Bulk Cash Till Delivery service is a facility for customers who regularly undertake cash withdrawals. The service is operated in conjunction with accredited third party security carrier for cash transportation and provides a secure, efficient and cost effective method of withdrawing cash

Entry Collection Service

Provides electronic data related to accounting entries, e.g. Bacs, Faster Payments, Returned DD's, Cheques and Credits.

Carrier Cash Direct Service

Deposits Terms & Conditions

(Excluding Corporate Call Account)

Direct Collection Terms and Indemnity

SEPA Direct Debit

SDD offers a simple, convenient and efficient way to accept and make Direct Debit payments in Euro throughout the SEPA (Single European Payment Area) community. By introducing a common set of rules and data formats across the community, SDD facilitates both national and cross-border Direct Debit collections in Euro. The service enables you to have collections debited from your account as well as the ability to originate SDD collections.

Deputyship & Appointeeship Debit Card

Entry Collection Service

Provides electronic data related to accounting entries, e.g. Bacs, Faster Payments, Returned DD's, Cheques and Credits.

Secure Email Service

Enables payment instructions to be sent to us via email using this secure email service.

SEPA Credit Transfer - Euro Clearing Service

As a leading European Bank, with its own SEPA reachability and infrastructure, we can offer your institution indirect participation into the SEPA Credit Transfer Scheme.

TARGET2 - Euro Clearing Service

As a Direct Participant of TARGET2 (Trans European Real Time Gross Settlement Express Transfer) we are able to send and receive euro payments on behalf of those Financial Institutions who wish to access this scheme.

ePay Virtual Sterling

The Terms and Conditions, Conditions of Use and Pricing information apply to the Sterling ePay Virtual account which provides enhanced levels of control and reconciliation on your employees' online and card-not-present business spend.

ePay Virtual Euro

The Terms and Conditions, Conditions of Use and Pricing information apply to the Euro ePay Virtual account which provides enhanced levels of control and reconciliation on your employees’ online and card-not-present business spend and is designed to eliminate the cost of foreign exchange fees when transacting in euros.

ePay Virtual US Dollar

The Terms and Conditions, Conditions of Use and Pricing information apply to the US Dollar ePay Virtual account which provides enhanced levels of control and reconciliation on your employees’ online and card-not-present business spend and is designed to eliminate the cost of foreign exchange fees when transacting in US Dollars.

ePayables Sterling

The Terms and Conditions, Conditions of Use and Pricing information apply to the Sterling ePayables solution which allows supplier payments to be driven directly from your Accounts Payable.

ePayables Euro

The Terms and Conditions, Conditions of Use and Pricing information apply to the Euro ePayables solution which is designed to allow supplier payments to be driven directly from your Accounts Payable and to eliminate the cost of foreign exchange fees when transacting in euros.

ePayables US Dollar

The Terms and Conditions, Conditions of Use and Pricing information apply to the US Dollar ePayables solution which is designed to allow supplier payments to be driven directly from your Accounts Payable and to eliminate the cost of foreign exchange fees when transacting in US Dollars.

Vostro account for Financial Institutions

This account offering is managed by our dedicated Financial Institutions team and is available in a majority of tradable currencies.

General Information on Payments, Charges & Contacts

Head Office Collection

Trading account used for your day to day banking transactions

Host to Host

Terms & Conditions for payment solutions

Insolvency Account

This account is only available to Insolvency Practitioners

International Cash Management

Allows customers to manage their accounts held at other financial institutions through LloydsLink or Direct Corporate Access and initiate payments on Lloyds Bank accounts through other financial institutions. Also allows statement reporting to another bank and payments initiation via a partner banks electronic banking platform.

International Payments

A service for payments into and out of the UK in Sterling, Euro and other international currencies includes International MM, Euro MM, SEPA Credit, International Draft.

Internet Access to International Accounts (IAIA)

Internet Access to International Accounts (IAIA) is an online service accessed through the Lloyds Bank Commercial Banking website. The service is available to financial institutions and provides access to balance, transaction and advice details intra day.

Lloyds Bank Online Trade Services (LOTS)

Online Trade Services allows you to electronically initiate access and manage your trade services transactions, all via a secure internet connection.

LloydsLink

LloydsLink provides customers with the ability to make a range of payments and view balance and transaction activity across their accounts. For existing customers only.

LloydsLink Multibank Moneymover

Allows LloydsLink and LloydsLink online customers to initiate payment instructions, which debit their accounts held with other financial institutions.

LloydsLink online

LloydsLink online provides customers with the ability to make a range of payments and view balance and transaction activity across their accounts via the internet.

Standby Letter of Credit Issued

LloydsLink Multibank Moneymover

Allows LloydsLink and LloydsLink online customers to initiate payment instructions, which debit their accounts held with other financial institutions.

Non-Sterling Currency Account

For accounts opened prior to 22 February 2018.

The following Terms and Conditions are for any current account you hold with us that is in a currency other than Pound Sterling.

Non-Sterling Currency Account

For accounts opened on or after 22 February 2018.

The following Terms and Conditions are for any current account you hold with us that is in a currency other than Pound Sterling.

Commercial Banking Online

Terms and Conditions for clients using Commercial Banking Online.

Corporate Online (COL)

Our online banking solutions offer a wide-ranging suite of internet-based services to help you administer your business activities more efficiently.

LloydsLink online

LloydsLink online provides customers with the ability to make a range of payments and view balance and transaction activity across their accounts via the internet.

Host to Host

Terms & Conditions for payment solutions

International Payments

A service for payments into and out of the UK in Sterling, Euro and other international currencies includes International MM, Euro MM, SEPA Credit, International Draft.

Paper Cheques and Credits (Agency Banks)

You can issue your own branded cheque and credit books to your customers as well as providing access to the clearing scheme for the collection of cheques across your own counters or indirectly by your own customers.

Pay & Collect Online

Pension Fund Account

Terms & Conditions for your Pension Fund Account

Premier Direct Cash Service

Premier Direct Cash Service is a facility for customers who regularly undertake large value physical cash deposits and withdrawals. The service is operated in conjunction with any British Security Industry Association (BSIA) accredited third party security carrier for cash transportation and provides a secure, efficient and cost effective method of depositing and collecting cash.

Project Bank Account

Project Bank account is an account designed to promote prompt and fair payment to contractors and subcontractors.

Relationship Terms & Conditions

Authority to Debit Percentage Sweep

Balance on the lead/originating account is maintained at a target balance with funds in excess of that target being physically swept on a predetermined schedule and percentage basis to designated recipient accounts.

Liquidity Solutions

These Supplementary Service Terms are supplemented by the Master Terms when combined form the Products & Services Terms & Conditions for the Sweeping Service.

SEPA Direct Debit

SDD offers a simple, convenient and efficient way to accept and make Direct Debit payments in Euro throughout the SEPA (Single European Payment Area) community. By introducing a common set of rules and data formats across the community, SDD facilitates both national and cross-border Direct Debit collections in Euro. The service enables you to have collections debited from your account as well as the ability to originate SDD collections.

Standby Letter of Credit Issued

SWIFT Direct Corporate Access

Provides Corporates and non-bank financial institutions with direct access to SWIFT through a MA-CUG (Member Administered Closed User Group) and SCORE (Standard Corporate Environment) payments channels.

TARGET2 - Euro Clearing Service

As a Direct Participant of TARGET2 (Trans European Real Time Gross Settlement Express Transfer) we are able to send and receive euro payments on behalf of those Financial Institutions who wish to access this scheme.

Telepay

Telepay is an outsourced Bacs Service which allows customers to make bulk Bacs payments without the need of a PC. This service is available for businesses performing up to 150 Bacs transactions per month.

Trade Finance General Terms

Trade Services General Terms

TravelLink Conditions

US Customers

Virtual Bank Service

Streamlines receivables management by enabling customers to collect local receipts from North America, Europe and Asia.

Vostro account for Financial Institutions

This account offering is managed by our dedicated Financial Institutions team and is available in a majority of tradable currencies.