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Commercial Tariff (formerly Corporate Standard Tariff)

Available to businesses with a turnover between £2 million - £15 million only.

Day-to-day banking
Like any business we make charges for the services you use. This page gives you details of our day-to-day banking charges.

Our charging cycle runs from the 10th of one month to the 9th of the following month.

Monthly interest

Current rate

Interest paid monthly	New AER%	New Gross%	New Net%
£1+	1.76	1.75	1.40

Previous rate

Interest paid monthly	Old AER%	Old Gross%	Old Net%
£1+	2.53	2.50	2.00

Account payments

Transaction type	Charges
Cheque	59p
Direct Debit	40p
Standing Order	50p
Transfer (transfer to another account in your name with the sort code starting 30-xx-xx)	Free
Debit card transaction (excluding ATM)	44p
ATM withdrawals (Free from a Lloyds TSB Cashpoint® machine)	42p
Other debit	59p
Internet banking and PhoneBank® payments	25p

Account receipts

Transaction type	Charges
Automated credit (includes telephone and Internet banking)	15p
Automated credit – Faster Payments inbound	15p
Credit paid in at Lloyds TSB branch	75p
Credit paid in at another bank	75p
Credit paid in via nightsafe Amount up to £1k	£2.75
Credit paid in via nightsafe £1k up to £5k	£2.75
Transfer (transfer to another account in your name with the sort code starting with 30-xx-xx)	Free
Other credit	75p

The processing cycle

Payments made through your account are processed in different ways. Find out more information about the cheque clearing process for cheques, automated payments and Internet and Telephone banking transactions.

Other services

Transaction type	Charges
Cash paid in Amount up to £1k	53p per £100
Cash paid in £1k up to £5k	53p per £100
Cash paid in Amount over £5k	53p per £100
Cash paid out at Lloyds TSB counter Amount up to £1k	53p per £100
Cash paid out at Lloyds TSB counter £1k up to £5k	53p per £100
Cash paid out at Lloyds TSB counter Amount over £5k	53p per £100
Cash exchanged	£2.00 per £100
Cheque paid in	28p
Cardnet envelope paid in	Free
BACS - batch file submitted	£4.00
BACS - debit or credit item	10p
Telepay - debit or credit item	32p

Useful Information

Lloyds TSB Commercial is a trading name of Lloyds TSB Bank plc and Lloyds TSB Scotland plc and serves customers with an annual turnover of up to £15m.

AER – stands for Annual Equivalent Rate and illustrates what the interest rate would be if interest was paid and compounded once each year. As every advertisement for a savings product which quotes an interest rate will contain an AER, you will be able to compare more easily what return you can expect from your savings over time.
GROSS – Gross rate is the contractual rate of interest payable before the deduction of income tax at the rate specified by law.
NET – The rate of interest which would be payable after allowing for the deduction of income tax at the rate specified by law. Interest is normally paid at the net rate, unless the account falls within an exempt category or the account-holder qualifies to receive interest gross.

Phonebank®
PhoneBank is a registered UK trademark of Lloyds TSB Bank plc.