Lloyds Bank business account for start-ups.
18m free business banking with £65 cashback!
With a range of time saving tools and tips, the Lloyds Bank Business Current Account can help you focus on what matters.

Save time and hassle

During the company incorporation process,  just simply select the option to be contacted by LLoyds Bank and we’ll securely send them your details.

LLoyds will contact you within two working days to arrange the next steps for opening your business account.

 

Lloyds Bank Business Current Account

With a range of time saving tools and tips, the Lloyds Bank Business Current Account can help you focus on what matters.

Features and benefits

  • 18 months’ free day-to-day business banking*.
  • Support from our UK-based business management team.
  • Access your account over the phone, in branch or on the move with the Mobile Business Banking app.
  • Online business guides through the Business Knowledge Box and current research on the Business Resource Centre.

Keep in mind

  • 18 months’ free day-to-day business banking includes: no monthly account fee, electronic payments, cheques and cash withdrawals/deposits. All we ask is that you operate your account in credit, or within your agreed overdraft limit.
  • To qualify for this account you need to be a sole trader, partner or company director and be 18 or over.
  • This account is available for businesses with an annual turnover of up to £1 million.

Simple pricing

When your 18 month free day-to-day business banking period ends the simple pricing plan below will apply. There is no charge for electronic payments, including withdrawing money from a Cashpoint® or payment by Direct Debit.

Monthly fee£6.50
Electronic payments (in or out)No additional charge
Cash payments (in or out)The first £1500 per month£1 per £100
Anything over £1500 per month£0.80 per £100
Cheques (in or out)£0.65
Credit in£0.65

Important information

For full details of your terms and conditions, please view the document below:

Terms and conditions

*Free business banking includes electronic payments, cheques, cash, deposits and withdrawals. All we ask is that you operate your account in credit or within agreed limits. Free electronic payments include UK Sterling Direct Debits, Standing Orders, Debit Card Transactions, Lloyds Bank/Other Bank ATM Withdrawals, Internet/Phonebank Debits/Credits, Faster Payment Debits/Credits, Internet Bulk Payments and Automated Credits.

We don’t charge you for Mobile Banking but your mobile operator may charge you for certain services such as downloading or using the app, so please check with them. Our new app requires iOS 7.0 or above, or Android 4.1 or above. Internet Banking registration required. Services may be affected by phone signal and functionality. Use of Mobile Banking is subject to our Business Internet Banking Terms and Conditions.

Lloyds Bank plc Registered Office: 25 Gresham Street, London EC2V 7HN. Registered in England and Wales no. 2065. Telephone: 0207 626 1500. Authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority.

Best Formations Limited and Lloyds have entered into a referral arrangement whereby a fee will be paid by Lloyds to Best Formations Limited on the successful opening of a Lloyds Business Account.

You can add the following cashback extras for free with all
our company formation packages for UK resident clients
£60 cashback and 12m free business banking
WorldPay Marchant Account with
£60 - Cashback
Card one banking with
£60 Cashback
Help and advice
We have tried to answer as many common questions as possible on these pages, but if you do require further assistance
or have any other questions then please give us a call on +44 (0) 20 7060 7326 and we will be happy to help.