site support navigationpage contentuseful information navigation
 
Business banking > Accounts 

Business bank accounts

 
Let us help you

Finance your business
From help with your day-to-day cashflow, to growing your business long term, we can find the financial solution to match your needs.

Accounts that offer much more
Whether you are starting a new business or moving your existing account from another bank we have an account to suit your needs.

Set up a business bank account

  • 18 months free day-to-day business banking. 
  • Support from your own relationship manager.
  • Free Sage Planning for Business software.
  • Free 90 day trial of Sage Start-up software with up to 50% off the normal subscription for the first year when you open a business account.

Move your existing business account to Lloyds TSB

  • 6 months free day-to-day business banking. 
  • A dedicated team who will take all the hassle out of moving your account.
  • A named contact who will manage your move.

Specialist business accounts

  • Up to 18 months free day-to-day banking in a Shariah approved way.
  • Free day-to-day banking.
  • Support from a dedicated manager who understands your school's needs.
  • Easy banking for your club, charity or society.
  • Free banking on all sterling account transactions.
  • Specially designed for community credit unions.

If you frequently hold funds on behalf of clients, this account is easy to manage and complies with the regulatory requirements.

Minimum opening deposit
Gross up to (%pa)
AER up to (%pa)
£1

0.10

0.10

When you need to keep the funds of several clients separate this account is ideal.

Minimum opening deposit
Gross up to (%pa)
AER up to (%pa)
£1

0.10

0.10

  • Helping you manage your wealth while you focus on your business.

AER – stands for Annual Equivalent Rate and illustrates what the interest rate would be if interest was paid and compounded once each year. As every advertisement for a savings product which quotes an interest rate will contain an AER, you will be able to compare more easily what return you can expect from your savings over time.
GROSS – Gross rate is the contractual rate of interest payable before the deduction of income tax at the rate specified by law.
NET – The rate of interest which would be payable after allowing for the deduction of income tax at the rate specified by law. Interest is normally paid at the net rate, unless the account falls within an exempt category or the account-holder qualifies to receive interest gross.
We subscribe to The Lending Code; copies of the Code can be obtained from www.lendingstandardsboard.org.uk