Designated Clients' Account

Let us help you

Understanding your profit and loss account and balance sheet
You are in business to make money. To do so, you need to understand where the money is coming from and where it is going.

This account enables you to hold your clients' individual funds in separate accounts. It's suitable for any professional practice or other businesses that hold clients' money, for example: solicitors, accountants, insurance brokers, estate and managing agents.

Instant access

Credit interest calculated daily

Separate account for each client

Drop in to your local branch to complete an application form or call 0845 072 5555 (open 8am to 8pm Monday to Friday and 9am to 1pm Saturday) to make an appointment.

Features & Benefits of a Designated Clients' account

Instant access.
Regular statements.
£1 minimum, £5 million maximum. No minimum or maximum withdrawal limit as long as you have cleared funds available.
Interest is calculated daily, paid monthly and can be paid gross or net according to each client's tax status.
There are normally no transaction charges.

View the Designated Clients' Account rates.

View the Designated Clients' Call Account terms and conditions.

How do I apply for a Designated Clients' account?

At your local branch
Drop in to your local branch to complete an application form.

By phone
Call 0845 072 5555 (open 8am to 8pm Monday to Friday and 9am to 1pm Saturday) to make an appointment.

Lloyds TSB Commercial is a trading name of Lloyds TSB Bank plc and Lloyds TSB Scotland plc and serves customers with an annual turnover of up to £15m.
Lloyds TSB Bank plc and Lloyds TSB Scotland plc are authorised and regulated by the Financial Services Authority under numbers 119278 and 191240 respectively.
Licensed under the Consumer Act 1974 under registration numbers 0004685 and 0198797 respectively.
We subscribe to the Lending Code; copies of the Code can be obtained from www.lendingstandardsboard.org.uk.
Both companies are members of the Financial Services Compensation Scheme and the Financial Ombudsman Service. (Please note that due to the schemes’ eligibility criteria not all Lloyds TSB Commercial customers will be covered by these schemes.)
Lloyds TSB Commercial Finance is a trading name of Lloyds TSB Commercial Finance Limited.
When using these products and services your agreement will be with a Lloyds Banking Group company whose terms and conditions will apply.

Calls may be monitored or recorded in case we need to check we have carried out your instructions correctly and to help improve our quality of service.
If you need to call us from abroad, or prefer not to use our 0845 number, you can also call us on +44 (0)1733 347338 to speak to one of our advisors.