Setting Up Online Business Banking
The internet has revolutionised the way many of us manage our money and personal accounts – and this is also true of business banking. At Lloyds TSB Commercial, our online banking service gives you a fast, convenient way to help make sure your cashflow is under control.
You can log on out of office hours, seven days a week and view your statements, pay bills to another person or company, transfer money between accounts and join the 300,000 other businesses who use internet banking on a regular basis.
The service is free of charge. All you need to do is pay your usual business transaction charges – plus the usual internet costs – and you’ll have access to simple money management at a time that suits you.
As well as being able to check your balance and recent transactions, pay bills and monitor cheque payments, you can also make up to 25 payments in one batch using our Bulk Payments Service and set up, amend and cancel most standing orders. You can check up on your UK Sterling direct debits and cancel the ones you no longer need in place. Your online business bank account is also a great way to apply for other products and services from Lloyds TSB Commercial, including business loans, overdrafts and savings accounts. Plus you can set up free text alerts to receive updates on your balance and your last six transactions – direct to your mobile.
If you are a Lloyds TSB Commercial business bank account customer registered at one of our UK mainland, Channel Islands or Isle of Man branches, you can set up online banking. Applicants will need to be signatories for the business and provide us with a current signature on the most up to date bank mandate. You can register others for the same business, but a separate application will need to be completed in each case and you can only register one business at a time.
To find out more, or submit an application, visit our website, call us on 0845 072 5555.
Any property given as security which may include your home, may be repossessed if you do not keep up repayments on your mortgage or other debts secured on it. All lending is subject to a satisfactory credit assessment.
This business advice article published in association with Lloyds TSB.
Whether you are looking to start-up a business account or want to move your existing business account Lloyds TSB can offer you all the Business Banking support you need
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