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Business/Accounts/Business account for switchers 
 

Switch business bank accounts to Lloyds Bank

Moving your account to Lloyds Bank is much easier than you would expect. We understand how daunting changing banks can be. Once you have an open and active account with us, depending on your eligibility, there are two services available to take the hassle out of switching banks.

Key features

  • A dedicated team who will take all the hassle out of moving your account.
  • 6 months free day-to-day banking (for businesses with a turnover of up to £125,000).
  • Manage your account online, over the phone or through our extensive branch network.

Apply now

Online

Apply for a Business Account (opens in a new window).

By Phone

Call us on 0800 022 4388 (open 8am to 8pm Monday to Friday and 9am to 1pm Saturday) to discuss your application with one of our advisors.

Smooth move guaranteed

Current Account Switch Service

We take care of everything and guarantee to complete your switch in seven working days, finishing on the day you choose.

  • All your incoming and outgoing payments will be transferred within the 7 working day guarantee.
  • We’ll arrange for your old bank to close your previous account and transfer any credit balance to your new Lloyds bank account.
  • Any payments to or from your old account will be automatically redirected or forwarded for a period of 13 months.
  • If anything goes wrong with the switch, as soon as we are told we will refund any interest or charges you have incurred on your old or new account as a result of a delay caused by us. This does not cover changes or interest resulting from required tasks you or your old bank do not complete.

Transfer of Payment Arrangement Service

You tell us which parts of the switch you want us to handle.

  • We’ll automatically transfer any payments you specify.
  • If you require us to transfer any outstanding credit and/or debit balance from your old account, we will.
  • We’ll arrange for your old bank to close your previous account if you ask us to.

When your free banking period is over

When you switch to Lloyds Bank you will have the choice of whichever Monthly PricePlan is most suitable for your business. Monthly PricePlan gives you a set number of transactions each month for a fixed fee. This makes your day-to-day business banking transparent and puts you in control of your account charges.

You will automatically be placed on your chosen Monthly PricePlan. You will also have the option of moving to one of our alternative tariffs if you think they are more appropriate for your business.

Compare our tariffs side by side

Your business banking made even easier

We have developed a number of ways for you to access your money when it’s convenient for you.

You can bank at a branch, use our Internet banking service, receive account updates via Text alerts and speak to a business advisor using our Internet Banking demo service.

You will also get everything else you would expect from an account, including cheque books, direct debits, standing orders and regular statements.

Details of conditions, charges and interest rates.

View the terms and conditions.

Rates and charges.

Before you apply

By completing this form you are applying for a Business Current Account. To register for Internet Banking for an existing Business Current Account please use our registration form.

To apply online for a business account from Lloyds Bank you will need to confirm the following:

  • You are a sole trader, partner, or director
  • You are aged 18 or over
  • You require the account for business use

Before you apply you will need to have the following information available:

  • Contact details for you and your business
  • Personal details of your partners/directors if applicable

Important information

Before you apply for this account, please view the terms and conditions.

Apply now

Online

Complete our application form.

Apply for a Business Account (opens in a new window).

By phone

Call us on 0800 022 4388 (open 8am to 8pm Monday to Friday and 9am to 1pm Saturday) to discuss your application with one of our advisors.

Request further information about business bank accounts

If you would like more information before you apply please complete our request for further information form.