Switch business bank accounts to Lloyds TSB
Moving your account to Lloyds TSB is much easier than you would expect. We understand how daunting changing banks can be. Even if you are unhappy with your current bank, you may not want the added hassle of switching. That’s why we’ll give you a team dedicated to managing your change over, leaving you free to concentrate on your business plus 6 months’ free day-to-day business banking. |
Key features
- A dedicated team who will take all the hassle out of moving your account.
- 6 months' free day-to-day banking.
- Smooth move guaranteed or £50 back.
- Manage your account online, over the phone or through our extensive branch network.
Apply now
Online
By Phone
Call us on 0800 022 4388 (open 8am to 8pm Monday to Friday and 9am to 1pm Saturday) to discuss your application with one of our advisors.
Smooth move guaranteed
We do all the legwork so you don't have to.
We take care of the:
- re-direction of all standing orders and direct debits
- transfer of your old balance to your Lloyds TSB account
- closure of your old account.
We’ll make you a promise
We'll give you a one-off payment of £50 if we miss any of the agreed timescales by more than 24 hours. We’ll also refund any charges or interest you incur because of delays caused. However, any charges or interest resulting from anything you or your current bank fails to do are excluded from this guarantee.
6 months free day-to-day banking
You’ll receive six months’ free day-to-day banking as a way of saying thanks for moving your account to Lloyds TSB.
Benefits of free banking
We won’t charge you for:
- paying in or taking out cash
- paying in or issuing cheques
- standing orders or direct debits.
There is no limit on deposits or withdrawals and no minimum account balance required.
All we ask is that you keep your account within agreed limits, for example not going overdrawn without agreeing with us first.
When your free banking period is over
When you switch to Lloyds TSB you will have the choice of whichever Monthly PricePlan is most suitable for your business. Monthly PricePlan gives you a set number of transactions each month for a fixed fee. This makes your day-to-day business banking transparent and puts you in control of your account charges.
Then when your free business banking period finishes - you will automatically be placed on your chosen Monthly PricePlan. You will also have the option of moving to one of our alternative tariffs if you think they are more appropriate for your business.
Compare our tariffs side by side
Your business banking made even easier
We have developed a number of ways for you to access your money when it’s convenient for you.
You can bank at a branch, use our Internet banking service, receive account updates via Text alerts and speak to a business advisor using our Internet Banking demo service.
You will also get everything else you would expect from an account, including cheque books, direct debits, standing orders and regular statements.
A relationship manager you can rely on
- When you move your account you'll have access to a relationship manager who will be on hand to provide support from help with deposits, loans or more specialist borrowing.
- Our relationship managers currently support over half a million business customers so they have the experience to help you and are empowered to make most decisions quickly.
- As well as face-to-face consultations our relationship managers are also available at the end of a phone to provide telephone assistance when a meeting is not convenient.
Before you apply
By completing this form you are applying for a Business Current Account. To register for Internet Banking for an existing Business Current Account please use our registration form.
To apply online for a business account from Lloyds TSB you will need to confirm the following:
- You are a sole trader, partner, or director
- You are aged 18 or over
- You require the account for business use
Before you apply you will need to have the following information available:
- Contact details for you and your business
- Personal details of your partners/directors if applicable
Important information
Before you apply for this account, please view the terms and conditions.
Apply now
Online
Complete our application form.
By phone
Call us on 0800 022 4388 (open 8am to 8pm Monday to Friday and 9am to 1pm Saturday) to discuss your application with one of our advisors.
Request further information about business bank accounts
If you would like more information before you apply please complete our request for further information form.
