Switch to Lloyds TSB

Apply online 

Complete your online application form in less than 10 minutes.

Call us on 0800 022 4388

Lines are open 8am to 8pm Monday to Friday and 9am to 1pm Saturday.

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.

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

We can arrange an interest free overdraft while your account is being moved of up to £5,000 (subject to status) for three months.

We’ll make you a promise

We'll give you a one-off payment of £50 if we miss any agreed timescales by more than 24 hours. We’ll also refund any charges or interest you incur because of delays caused. Any charges or interest resulting from anything you or your current bank fails to do are excluded from this guarantee.

View our performance.

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 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. If you use electronic or automated ways of banking then you may prefer our Electronic Business Tariff, which includes lower cost charges for those types of transactions if a credit balance of £1+ is maintained. This account does not pay credit interest.

Compare our tariffs side by side

You won’t need to change your account even when your business grows or your needs change. We can offer you:

• Direct access to your specialist Relationship Manager and a dedicated Customer Support team.
• Secure electronic banking packages
• CHAPS - Fast, reliable, same day payment of funds.
• Direct Debit origination to debit your clients' bank accounts directly.
• An Internet banking service, giving you account information seven days a week.
• Cheque books, direct debits, standing orders, regular statements.