Switching to Lloyds TSB
Smooth move guaranteed or £50 back
If you are a small organisation with an annual credit turnover less than £50,000, which is thinking of moving to Lloyds TSB, then please apply for our Treasurer’s account and benefit from free day-to-day banking.
Smooth move guaranteed or £50 back
6 months free day-to-day banking
Interest free overdraft of up to £5,000 while moving
Apply for a business account online, by phone or at your local branch.
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.
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.
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 deposits or withdrawals and no minimum account balance required.
All we ask is that you keep your account in credit or within agreed limits, for example not going overdrawn without prior agreement.
When your free banking period is over
When your free banking period ends our Business Extra Tariff will automatically apply unless you choose our Electronic Business Tariff.
Compare our tariffs side by side
