Is Lloyds Business available for business in United Kingdom?

Availability

Lloyds Business for business in United Kingdom: Available

Key eligibility: Aged 18 or over, a United Kingdom resident with a United Kingdom mobile number, running a business from a United Kingdom address
Non resident position: Built for United Kingdom residents, so it is not aimed at non residents
Local currency support: Pound sterling business current account, with foreign currency options available separately
Headline monthly fee: No account fee for 12 months for a first business account, then 8.50 pounds a month

Availability and fees as of 23 April 2026Last reviewed 23 April 2026

General information, not financial, legal, or tax advice. Verify current terms and eligibility with the provider before applying.

Yes. As of 23 April 2026, Lloyds Business offers a business current account in the United Kingdom for sole traders, limited companies, and other small businesses run from a United Kingdom address. The Business Account is aimed at businesses with an annual turnover of 3 million pounds or less and carries no account fee for the first 12 months, then 8.50 pounds a month. Verify current terms with the provider before applying.

Does Lloyds Business serve business customers in United Kingdom?

Yes. As of 23 April 2026, this is the home market for the Lloyds Business current account. The provider states it is built for businesses run from a United Kingdom address, with more than one million businesses banking with it. The Business Account suits sole traders, limited companies, partnerships, startups, and other small businesses with an annual turnover of 3 million pounds or less, while larger turnover businesses are pointed to a separate account. Verify the current product fit with the provider.

Eligibility for businesses in United Kingdom

As of 23 April 2026, the provider states an applicant must be aged 18 or over, a United Kingdom resident with a United Kingdom mobile number, and running a business from a United Kingdom address. A limited company is expected to hold active status at Companies House. The Business Account is for an annual turnover of 3 million pounds or less. Verify with the provider

What it costs locally

As of 23 April 2026, the provider advertises no account fee for 12 months if it is your first business account, then 8.50 pounds a month. Transaction and service charges can apply on top of the monthly account fee, and a first time switching or opening offer has been advertised, so confirm the current price and any promotion with the provider. As of 23 April 2026

What local users report

United Kingdom businesses commonly use the account for day to day pound sterling banking, card payments, and digital banking, with the option to add foreign currency services separately. Experiences vary by business type and turnover, so check that the Business Account or the larger turnover account matches your needs. As of 23 April 2026. Confirm the current position with the provider.

How to open Lloyds Business for business in United Kingdom

Check you are aged 18 or over, a United Kingdom resident running a business from a United Kingdom address, with an annual turnover of 3 million pounds or less for the Business Account.
Gather your business name, address, activity details, estimated annual turnover, and identity documents, and confirm a limited company has active status at Companies House.
Apply online or in the app, complete identity and business checks, then activate your account and card once approved.

Compare business accounts in United Kingdom →

Questions about Lloyds Business in United Kingdom

Who can open a Lloyds Business account in the United Kingdom?

As of 23 April 2026, you can apply if you are aged 18 or over, a United Kingdom resident with a United Kingdom mobile number, and you run a business from a United Kingdom address. The Business Account is built for businesses with an annual turnover of 3 million pounds or less. Verify the current rules with the provider.

How much does the Lloyds Business account cost?

As of 23 April 2026, there is no account fee for 12 months if it is your first business account, then 8.50 pounds a month. Transaction and service charges can apply on top. Confirm current pricing with the provider.

Does Lloyds Business support pound sterling?

Yes. As of 23 April 2026, the account is a pound sterling business current account run from the United Kingdom, with separate foreign currency options available. Confirm current details with the provider.

Can a non resident open Lloyds Business in the United Kingdom?

The account is aimed at United Kingdom residents running a business from a United Kingdom address, so a non resident generally does not meet the standard eligibility. As of 23 April 2026. Verify the current position with the provider.

Availability, fees, and eligibility change. This page was last reviewed on 23 April 2026. Confirm the current position with Lloyds Business before applying.