Euro accounts
We take you through the various requirements, processes and customs practices you need to consider.
Whether you are starting a new business or moving your existing account from another bank we have an account to suit your needs.
Accounts for businesses trading in the Euro
Any business in the UK trading with businesses in those countries that have entered into Economic and Monetary Union is likely to find itself trading in the Euro. Our Euro current and Euro call accounts are designed to make the whole process as easy as possible.
Euro accounts are available to any business holding a Lloyds TSB sterling business current account.
Free regular statements
Chequebook available
No minimum balance required
To find out more call 0845 300 0101.
Euro current account
This account will allow you to receive and make payments in the Euro without having to change between currencies.
Features & Benefits
- Enables you to make and receive payments in Euros.
- A cheque book is available.
- You receive free regular statements.
- Free transfers to and from your sterling business account and your other currency accounts held in the same name. Transfers to sterling accounts will be converted at the rate of exchange applicable on the day of transfer. (Normal charges apply for other transactions.)
- An overdraft can be arranged.
- There is no minimum balance required.
- You have easy access to your cleared funds.
- You can simplify the payment and collection of funds across Europe.
- You may only need to hold one account for all trade within the EMU.
Euro call account
This account is available in addition to your Euro current account and pays interest on credit balances.
Features & Benefits
- There is no minimum deposit or withdrawal (subject to the amount in your account).
- Tiered interest is paid on the whole balance. It is possible that interest may not be paid on the lower interest tiers.
- Credit interest is calculated daily and credited quarterly.
- Free regular statements are available.
- Free transfers to and from your Euro current account and your sterling business account in the same name. Transfers to sterling accounts will be converted at the rate of exchange applicable on the day of transfer.(Normal charges apply for all other transactions.)
- Easy access to your funds.
- Your surplus cash can earn interest.
- No notice required or interest penalty.
- No account maintenance fee.
A Euro currency account is required in order to apply for a call account.
Euro account important information
View currency account rates and charges
More information
If you would like more information before you apply either call 0845 300 0101 or complete our request for further information form.
How do I apply?
By telephone
Call 0845 300 0101 for more information.
