School & College Banking account
You can't run a business without a bank account. Here are some tips to help you save time and money.
Whether you are starting a new business or moving your existing account from another bank we have an account to suit your needs.
Spend more time on the paperwork that really counts
At Lloyds TSB we know that you’d rather spend your time teaching than book-keeping – that’s why we’ve developed the School Banking Account.
Free day-to-day banking
Designed to save you time and paperwork
Dedicated support for all your banking needs
If you would like more information before you apply complete our
request for further information form or arrange an appointment with a relationship manager by calling 0800 056 0171 (open 8am to 8pm Monday to Friday and 9am to 1pm Saturday).
Features & Benefits of School Bank Accounts
Although it has all the ‘best value’ features you might need, our School Bank Account is more than just a sensible financial package.
Our experience of schools’ banking requirements means we are able to offer a comprehensive range of products and services based on the things that we know are important to you, so that you can manage your school’s finances and budgets with no fuss and in the minimum possible time.
- Free day-to-day* banking to make the most of your resources.
- Separate accounts: set up accounts for school activities and clubs, PTA funds or school trips, or a deposit account to help you make the most of any surplus funds.
- A dedicated manager to provide help and guidance for all of your banking needs.
- Internet banking to give you more time to manage your account in or out of school hours – with the option to exclude third party payments if required.
- Help with switching your accounts; to make the transition to the School Banking account hassle free, whether from an existing account or from your LEA.
See interest rates paid monthly, as applicable for the School Banking account.
* Free business banking includes cheques, standing orders, cash, direct debits, deposits and withdrawals. All we ask is that you operate your account in credit or within agreed limits.
ParentPay
Reduce the time and effort you spend collecting money from parents by allowing them to pay online for anything from dinner money to school trips. For more information visit ParentPay Ltd at www.parentpay.com or call 0845 257 5540 (open 8.30am to 4pm Monday to Thursday and 8.30am to 3.30pm Friday) quoting reference: ‘Lloyds TSB’.
Managed Payroll Service
Review and improve your payroll and pension processes with the tailored education payroll service offered by Ceridian. Find out more about the service that manages your payroll so you can get on with managing your school.
More information about School Bank Accounts
If you would like more information before you apply either call 0800 056 0171 (open 8am to 8pm Monday to Friday and 9am to 1pm Saturday) or complete our request for further information form.
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 terms and conditions.
How do I apply for a School Bank account?
At your local branch
Drop in to your local branch to complete an application form.
By telephone
Call 0800 056 0171 to make an appointment.
