General services | Typical tariff per item |
|---|---|
Currency accounts | |
Maintenance fee (includes transfer to/from sterling account) | £5 per month, payable half yearly |
Cash paid in or out | £2 per £100 (minimum £3) plus £10 administration fee |
Cheque paid | £5 |
Other | |
Status enquiries | £20 each (including VAT) |
Telex request (optional) | An additional £10 each (including VAT) |
Letters of introduction | £20 each (including VAT) |
Note: Where the transaction is in a different currency from the account (including sterling) the appropriate rate of exchange will be advised to you at the time of the transaction |
Sending money abroad | Typical tariff per item |
|---|---|
Standard International Moneymover | |
For less urgent payments (excluding euro) – normally received by the beneficiary within three to five working days | 25p per £100 (minimum £13; maximum £40) inclusive of transmission and one chaser* in case of non-receipt |
Express International Moneymover | |
For urgent payments (excluding euro) the fastest way to send money overseas – normally received by the beneficiary within three working days | As Standard International Moneymover plus £6 |
Euro International Moneymover (via a branch or Corporate Customer Service Centre) | |
Normally received by the beneficiary same day or within three working days | 25p per £100 (minimum £16; maximum £40) inclusive of transmission and one chaser* in case of non-receipt |
Euro International Moneymover (via LloydsLink) | |
Normally received by the beneficiary same day or within three working days |
|
International Draft Payable Abroad | |
Drafts can be supplied in various currencies | £10 |
Cancellation/Amendments | |
Applicable to all payment types. International Drafts cannot be amended once issued | £20 |
Note: We cannot guarantee the cancellation, as funds may already have been paid to the beneficiary. If this happens, we will refund the recall fee. Where the transaction is in a different currency from the account to be debited (including sterling), the appropriate rate of exchange will be advised to you at the time of the transaction | |
| *Chasers | |
Chasers for non-receipt | £10 - £15 each |
Receiving money from abroad | Typical tariff per item |
|---|---|
Bank transfer | |
A handling charge will be deducted unless the person sending the money has elected to pay this |
|
Cheque negotiation | |
We retain the right of recourse if the cheque is later returned unpaid |
|
Cheques expressed in a different currency from the country upon which the cheque is drawn. There will be an interest charge for the number of days Lloyds TSB is out of funds for cheques expressed in sterling drawn on a country other than the UK |
|
Cheque collection | |
Depending on the country involved, collection can take from a few days to over a month – the charge is taken whether the cheque is paid or not |
|
Unpaid cheques | |
For negotiations the value of the cheque will be debited to your account using the prevailing exchange rate. This means that the amount debited to your account may differ to the amount originally credited | £5 handling charge |
Note: Where the transaction is in a different currency from the account (including sterling), the appropriate rate of exchange will be advised to you at the time of the transaction |
Letters of Credit | Typical tariff per item |
|---|---|
Import Credits (excluding Standby Letters of Credit) | |
Letters of Credit up to £25,000 | £150 up to six months (£75 for each additional three months or part thereof) |
Letter of Credit over £25,000: Validity up to six months Validity over six months | 60p per £100 (minimum £150) 30p per £100 (minimum £75 per three month period or part thereof) |
Other fees for import credits | |
Additional payment/examination of documents | 20p per £100 (minimum £40; maximum £120) |
Additional month’s acceptance/deferred payment undertaking | 12.5p per £100 per month or part thereof (minimum £40) |
Cancellations | £40 |
‘On the spot’ checking of documents | £50 |
Transfers | 40p per £100 (minimum £60) |
Export credits | |
Pre-advising | £25 |
Advising | £40 |
Confirming | Subject to arrangement* |
Payment | 0.125% (minimum £75) applicable to all presentations per set of documents |
Presentation with discrepancies | £40 |
Amendments | £40 plus any confirming charge |
Cancellations | £50 |
Acceptances/deferred payment undertakings | Subject to arrangement |
‘On the spot’ checking of documents | £50 |
| *For documentary credits issued by us or bearing our confirmation, increases and extensions will attract additional confirming commission plus amendment commission, if appropriate |
Collections | Typical tariff per item |
|---|---|
Inward collections - Documentary | |
Documents (with or without a Bill of Exchange) relating to imports received from banks abroad for collection | Up to £10,000 £40 £10,001 - £50,000 £60 Over £50,000 £80 |
Inward collections - Clean | |
Bills of Exchange and Promissory Notes without documents received from banks abroad | Up to £10,000 £20 £10,001 - £50,000 £40 Over £50,000 £60 |
Inward collections – both Documentary and Clean | |
Received from remitters abroad other than banks | As above plus £30 |
Inward collections - Cheques | |
Drawn by you and received for payment: sterling | Usual tariff for routine money transmission services applies |
Currency | |
| If drawn on currency account with Lloyds TSB | £5 |
| If drawn on sterling account with Lloyds TSB | £13 |
Notes: These charges will be levied in addition to any handling charges taken from correspondent banks | |
Outward collections - Documentary | |
Documents (with or without a Bill of Exchange) relating to exports sent for collection by Lloyds TSB | 25p per £100 (minimum £30; maximum £80) |
Outward collections - Clean | |
Bills of Exchange and Promissory Notes without documents sent for collection by Lloyds TSB | 25p per £100 (minimum £15; maximum £80) |
Notes: Additional charges will be taken where appropriate to cover out-of-pocket expenses and any extra work undertaken |
Euro servicesWe are able to offer a comprehensive range of euro services as Lloyds TSB is a full member of various euro payments and clearing systems | |
Sending money abroad | Typical tariff per item |
|---|---|
Euro International Moneymover (via a branch or Corporate Customer Service Centre) | |
Normally received by the beneficiary same day or within three working days | 25p per £100 (minimum £16; maximum £40) inclusive of transmission and one chaser* in case of non-receipt |
Euro International Moneymover (via LloydsLink) | |
Normally received by the beneficiary same day or within three working days |
|
Economy International Moneymover | |
For low value, non-urgent payments – normally received by the beneficiary within five to seven working days | £5.50 (not inclusive of first chaser*) |
*Chasers | |
Chasers for non-receipt | £10-£15 each |
International Draft payable abroad | £10 |
Cheques presented by banks overseas | |
The payee will normally be charged by their own Bankers to clear the cheque | £5 |
Note: As banks abroad are involved, we cannot give an absolute guarantee of delivery timescales |
Receiving money from abroad | Typical tariff per item |
|---|---|
Bank transfer | |
A handling charge will be deducted unless the person sending the money has elected to pay this |
|
Cheque negotiation | |
We retain the right of recourse if the cheque is later returned unpaid |
|
Cheque collection | |
Depending on the country involved, collection can take from a few days to over a month – the charge is taken whether the cheque is paid or not |
|
Domestic Euro payment | Typical tariff per item |
|---|---|
Cheques | |
Presented through UK Euro Clearing | Euro 80 cents |
Transfer between your Lloyds TSB account | Typical tariff per item |
|---|---|
To other currency accounts | No charge |
To sterling accounts | No charge |