• Guidance: how to update Bacs payment templates

    Updating Bacs payment templates

    Please click here to find out how to update a payment template.

    Step by step guide

    Corporate Online

    Bacs

    If you want this payment template to be automatically moved to Commercial Banking Online, you may need to make changes to the following:
    (1) Debit Account Number
    (2) Beneficiary Account Name
    (6) Beneficiary Sort Code
    (7) Beneficiary Account Number

    Figure 1. Changes to be made to a Bacs payment template

    Number

    Field name in Corporate Online

    Change to this field in Commercial Banking Online

    Impact

    Action required

    1

    Debit Account

    A mandatory field to contain the sort code and account number of the account that is being debited.

    The debit account must be an open Lloyds Banking Group account.

    The payment template will not move over if the sort code and account number are not populated.

    Ensure the sort code and account number are populated with an open Lloyds Banking Group account.

    2

    Beneficiary
    Account Name

    A mandatory field that cannot exceed 18 characters.

    If no data is present the template will not move over.

    Any values over 18 characters will be removed automatically.

    Ensure the field is populated. Reduce it to 18 characters or fewer if you don’t want it to be truncated.

    3

    Amount

    A maximum of £20,000,000 before the decimal point and two digits after the decimal point.

    If the amount entered is too long it will be replaced with '0'.

    If there are more than two digits after the decimal point, the value will be rounded up to two decimal digits.

    Check the final amount isn’t too high and check the number of digits after the decimal point.

    4

    Reference

    Field cannot exceed 18 characters.

    Content will be truncated after the first 18 characters.

    Reduce to fewer than 18 characters or it will be truncated.

    5

    Remitter reference

    If you include a Remitter Reference, it must:
    1) Be up to 16 characters long.
    2) Have a mix of at least 6 characters (A-Z, 0-9).
    3) Should not contain any special characters apart from &./-

    If the field is >16 characters the data will be automatically shortened.

    If any of the criteria noted 2 or 3 are not met, the details, in this field, will not be passed to Commercial Banking Online.

    Check the reference criteria and the number of characters.

    6 and 7

    Beneficiary Sort Code and Account Number

    Provide a valid account number and sort code for the Beneficiary.
    The account number must be 8 digits long and the sort code should be 6 digits long.
    The sort code must be a valid UK Bacs enabled sort code.
    The sort code and account number must be a valid combination.

    The payment template will not move over if the sort code and account number are not valid.

    Ensure the sort code is a valid UK Bacs enabled sort code.

    The sort code and account number should be the correct length and a valid combination.

Lloyds Bank plc. Registered office: 25 Gresham Street, London, EC2V 7HN. Registered in England and Wales no. 2065. Authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority. Authorisation can be checked on the Financial Services Register at www.fca.org.uk under the Firm Registration Number 119278.

We subscribe to The Lending Code; copies of the Code can be obtained from www.lendingstandardsboard.org.uk. Eligible deposits with us are protected by the Financial Services Compensation Scheme (FSCS). We are covered by the Financial Ombudsman Service (FOS). Please note that due to FSCS and FOS eligibility criteria not all Business customers will be covered.