Services and prices
We can offer you a wide range of services. These may be subject to review with your relationship manager to reflect your individual circumstances.
Any charges for routine transactions on your account will always be agreed with you in advance, and we will give you a minimum of 30 days notice of any increase in charges, except for changes in Lloyds TSB Base Rate. There is no standing charge on your current account.
Your relationship manager or service centre contact will provide details of any other charges upon request, or at the time when the service is provided.
The domestic tariff charges for our most commonly used services are set out below.
- Borrowing
- Account payments
- Account receipts
- Other services
- Returned cheque
- Direct Debits and standing orders
- Other charges
Charges are not subject to VAT unless otherwise stated.
Charges effective from 1st September 2006 and correct as at time of going to print.
Current comparative information is available on the British Banker's Association website.
Tariff | |
|---|---|
Borrowing | |
Both the loan terms and rates | By agreement |
Overdraft interest rate | |
Borrowing within your agreed facility | By agreement |
Borrowing above your agreed facility | By agreement or the standard rate of 2% per month |
Arrangement fee | |
Fee charged for agreeing and arranging a loan or overdraft | The standard fee is 1.5% (minimum £300) |
A fee will also be charged on renewal of overdraft facility | The renewal fee is 1% (minimum £300) |
Security fee | |
The costs involved in completing any security will be recovered from you | A scale of charges is available on request |
Management fee | |
Management fees will be charged for any additional work incurred when dealing with your business needs | By agreement |
This fee will be agreed with you in advance |
Tariff per item | |
|---|---|
Cheque paid out | 59p |
Direct Debit | 40p |
Standing Order | 50p |
Transfer to another account in your name with a sort code starting 30-XX-XX | FREE |
Unpaid cheque, Standing Order or Direct Debit returned due to lack of funds* | £30 |
Cash withdrawal by debit card at any Lloyds TSB Cashpoint® | No charge |
Cash withdrawal by debit card at another bank’s ATM | 40p |
Other debits including CHAPS and Faster Payments** payments | 59p |
* If we have to return one of your cheques, standing orders or Direct Debits due to lack of funds we will make a charge. If we are unable to pay an item for a technical reason i.e. a cheque is out of date we will advise you, but not make a charge. ** Electronic transfer schemes for sending payments. This charge applies to posting the transaction to your account and not the charge associated with the transmission of the payment. |
Tariff per item | |
|---|---|
Credit paid in at any Lloyds TSB branch | 75p |
Credit paid in at another branch | 75p |
Credit paid in via a night safe | £2.75 |
Charge per cheque (non-bulk) paid in | 28p |
Automated credit | 15p |
Transfer from another account in your name with a sort code starting 30-XX-XX | FREE |
Other Credits including CHAPS and Faster Payments receipts | 75p |
Tariff per item | |
|---|---|
Cash paid in over the counter or received by post | 53p per £100 |
Cash paid out over the counter at any Lloyds TSB branch | 53p per £100 |
Cash exchanging | £2 per £100 |
Recall of automated credit standing order | £5 |
Stopped cheque • if not lost or stolen, your instruction to us not to pay a cheque you have issued • if the cheque has been lost or stolen. | £10 No charge |
Provision of a debit card | No charge |
Tariff per item | |
|---|---|
Banker’s Draft | |
A cheque raised by the Bank to guarantee payment | £10 |
Special cheque presentation | |
A cheque paid into your account, sent direct to another branch or bank for payment | £10 inclusive of VAT |
Electronic funds transfer ‘CHAPS’ payment | |
Transfer of funds for same-day value | £20 |
Additional option: confirmation to recipient | £5 |
Statements | |
You will receive a regular statement of your account | No charge |
Interim statements | |
Can be ordered from a branch or service centre | £3 |
Can be ordered from a Cashpoint® machine | No charge |
Copy statements | |
Last statement (if lost or not received) | No charge |
Earlier statement | £5 per sheet |
Statement posted to multiple addresses | £1 per additional sheet |
Vouchers with statements | |
If you require us to return some or all of your vouchers with your statements | £6 per sheet |
Audit letter | |
Details of balances and other information provided, with your authority, to your accountant | £25 per hour (minimum £25) plus VAT |
Banker’s reference/Status enquiry | £9.79 inclusive of VAT |
Standing Orders and Direct Debits | |
For a list of your Standing Orders and Direct Debits | No charge |
| Bacs | |
| Setting up a new Bacs Service User Number | £250 minimum for Direct Debit £150 for Direct Credit |
| Bacs – file submitted | £4 |
| Bacs– debit or credit item | 10p |
| Bacs – setting up a new Direct Debit request | 10p |
| Bacs recall | £5 per recall |
| Bacs trace | £5 per trace |
| BACSTEL IP Smart Card | |
| Replacement or renewal Smart Card used to secure direct submission of files to Bacs | £30 per Smart Card |
| Hardware Security Module (HSM) | £500 per HSM |
| Telepay – debit or credit item | 32p |
Bacs or Telepay excess | |
You can use a range of electronic payment systems, which require a payment limit. However, we will charge you on each occasion that you exceed your limit without prior agreement | £50 |
Provision of sweep facilities | |
Transaction charge for transfer of funds between the business current account and other accounts | No charge |
Sweep, also known as auto transfers | Daily: £10 per month Weekly: £7 per month Monthly: £5 per month |