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Switch business bank accounts to Lloyds TSB

To a bank that understands agriculture
As a farmer, you need a bank that appreciates that running a farm means running a business. Our Agricultural Managers understand the farming industry and the issues and challenges you face. They can suggest practical ways in which our products and services might help your farm plans succeed.

Experienced Agricultural Managers

Comprehensive range of products and services

Access to local branches

Apply online How to apply for a Business account

Complete your online application form in less than 10 minutes.

Contact one of our agriculture team.

An Agricultural Relationship Manager you can rely on

  • We have 125 specialist managers located in 37 offices throughout England, Wales and Scotland.
  • They have the experience to help plan the best way forward for your business and pride themselves on making constructive decisions quickly, so that you can take business opportunities with confidence.
  • When you move your account to us you’ll have direct access to both your agricultural manager and your manager’s assistant by phone or email.
  • Meetings can take place at your farm, the local branch, or over the telephone; whichever is most convenient for you.

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.

And are available to answer any questions you may have during the transfer.

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.

View our performance

Six 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 the number of deposits or withdrawals, and you do not need to keep a minimum balance in your account to qualify.

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 your free banking period ends our Business Extra Tariff will apply. You can choose to remain on this tariff and earn credit interest, as applicable. If you use electronic or automated ways of banking then you may prefer our Electronic Business Tariff, which includes lower cost charges for these types of transactions but does not pay credit interest.

Compare our tariffs.

Your business banking made even easier

We have developed a number of ways for you to have access to your money when it’s convenient for you. We can offer you:

  • Banking on your doorstep – we have the largest branch network of any bank in the UK, so there should always be one nearby.
  • Banking on your computer – our Internet banking service is currently used by over 200,000 business customers.
  • Banking on your mobile – receive daily updates on your account balance via our Text alerts service.
  • Banking on your phone – speak to a business advisor who can deal with your account queries and requests using our 
    Telephone banking service.

In addition you will also get everything else you would expect from an account, including cheque books, direct debits, standing orders and regular statements.

The processing cycle for Islamic business bank accounts

Payments made through your account are processed in different ways. Find out more information about the cheque clearing process for cheques, automated payments and Internet and Telephone banking transactions.

How do I open a new startup business bank account?

How to apply for a Business account

Complete your online application form in less than 10 minutes.

By phone

Contact one of our agriculture team.