Teledebit
It is vital to be able to monitor the flow of cash from your customers to you, and from you to your suppliers and employees.
Your account information at your fingertips.
Simplifies collection of regular payments and subscriptions
A paper-based Direct Debit collection service, useful for most businesses, particularly those that receive regular payments such as subscriptions or premiums.
Reduces administration
Automated regular payments
Full audit trail
To find out more, call into your local branch or call 0845 072 5555 to speak to one of our business managers.
Features & Benefits
- A paper-based direct debit collection service, useful for most businesses, particularly those that receive regular payments such as subscriptions or premiums.
- You provide the details of payments to be collected, either by post or fax.
- The money is then collected on your behalf on a regular basis.
- Full audit trail of processed items.
- Optional free diary facility for regular payments collection.
- Reduced administration by automating regular payments.
- Peace of mind with the certainty and precision of payment collection.
- Same day crediting and debiting, helping you plan your future cashflow.
- One-off registration fee of £250 and a charge of 32p for each payment to be collected and amended.
- The Teledebit service is operated through Active Business Services, an established processing bureau, who provide a confidential, secure and high quality payment service for you.
Lloyds TSB follows the industry standard processing cycle of three working days. Find out more information about the cheque clearing process for automated payments.
View our Business Extra Tariff and Electronic Business Tariff.
Compare our tariffs side by side
How do I apply?
At your local branch
Drop in to your local branch to complete an application form.
By phone
Call 0845 072 5555 to make an appointment.
