Switch 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.
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.
To make the move a little easier we can arrange an interest free overdraft while your account is being moved of up to £5,000* for three months. If your financial needs are greater, you can still benefit as the first £5,000 of the overdraft will be interest free*.
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 at the Bank of England base rate less 2.5 percent. 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 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
How do I apply?
