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    Working Capital Management

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    Please note that the Terms and Conditions available below are the Bank's most recently issued versions. Please bear in mind that earlier versions of these Terms and Conditions may apply to your products, depending on when you signed up to the relevant product or when you were last advised of any changes to your Terms and Conditions. If you have any questions regarding which version of the Terms and Conditions apply to your products, please contact your Relationship Manager.

    Please read our site terms and conditions.

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    • 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.

       

    • Authority to Sweep

      Balances on operating companies' accounts are physically swept on a predetermined schedule to/from a centralised concentration or "lead" account(s) generally resulting in a target balance at subsidiary account level.

       

    • Authority to Sweep (Non-Same Name Same Right) Contra Account Customers

      This sweep instruction form sets out the instructions from the Contra Account Customer to the Bank, and the terms and conditions that apply. This should be used for sweeps between accounts of different organisations in the same currency. A separate sweep instruction form is required for each currency.

       

    • Authority to Sweep (Non-Same Name Same Right) Control Account Customers

      This sweep instruction form sets out the instructions from the Control Account Customer to the Bank, and the terms and conditions that apply. This should be used for sweeps between accounts of different organisations in the same currency. A separate sweep instruction form is required for each currency.

       

Lloyds Bank is a trading name of Lloyds Bank plc, Bank of Scotland plc, Lloyds Bank Corporate Markets plc and Lloyds Bank Corporate Markets Wertpapierhandelsbank GmbH.

Lloyds Bank plc. Registered Office: 25 Gresham Street, London EC2V 7HN. Registered in England and Wales no. 2065. Bank of Scotland plc. Registered Office: The Mound, Edinburgh EH1 1YZ. Registered in Scotland no. SC327000. Lloyds Bank Corporate Markets plc. Registered office 25 Gresham Street, London EC2V 7HN. Registered in England and Wales no. 10399850. Authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority under registration number 119278, 169628 and 763256 respectively.

Lloyds Bank Corporate Markets Wertpapierhandelsbank GmbH is a wholly-owned subsidiary of Lloyds Bank Corporate Markets plc. Lloyds Bank Corporate Markets Wertpapierhandelsbank GmbH has its registered office at Thurn-und-Taxis Platz 6, 60313 Frankfurt, Germany. The company is registered with the Amtsgericht Frankfurt am Main, HRB 111650. Lloyds Bank Corporate Markets Wertpapierhandelsbank GmbH is supervised by the Bundesanstalt für Finanzdienstleistungsaufsicht.

Eligible deposits with us are protected by the Financial Services Compensation Scheme (FSCS). We are covered by the Financial Ombudsman Service (FOS). Please note that due to FSCS and FOS eligibility criteria not all business customers will be covered.