Move to Commercial Banking Online
You are here:
  • /
  • What are the benefits of Commercial Banking Online?

  • What are the benefits of Commercial Banking Online?

    • Gives you more control: it’s secure, intuitive and customisable
    • Available on a wider range of operating systems and web browsers
    • Inter-account transfers and Faster Payments can be made at any time
    • Account balances available in three currencies
    • Profiles have been simplified

    Commercial Banking Online offers a number of additional features, a summary of which are listed below

     

    Commercial Banking Online offers a number of new features:

    • Real time updates of your account balance
    • Set approval limits on transactions
    • Primary administrators can create new users
    • Payment advices available to all payment and cash management users
    • Configure user permissions in Commercial Banking Online
    • Set-up onscreen notifications and email alerts for your tasks
    • Enhanced multi-layered security
    • Quick actions menu allows you to navigate to your preferred pages easily
    • View invoices and amend the invoice address

    Commercial Banking Online is available on more up-to-date operating systems and web browsers

    Making and approving payments has improved:

    • Payment approval is more flexible: payments on Commercial Banking Online can be set for approval by one or more users for payment types, payment limits or accounts
    • Extended cut off times for inter-account transfers and Faster Payments
    • See real-time posting of completed transactions
    • Account balances and transactions can be viewed and exported in GBP, EUR and USD
    • Dual approval for beneficiary records is available
    • Add new beneficiaries while creating payments
    • Create Import Maps to import payments
    Exclamation mark

    For your security, we strongly recommend dual approval of all payments and beneficiaries

    Profiles have been simplified to remove the need for more than one log-in per user:

    1. Corporate Online customers can access both user and primary administrator roles with one log-in
    2. View your Lloyds Bank and Bank of Scotland accounts with one log-in

    Guidance and help

    Visit our frequently asked questions section to find out more about Commercial Banking Online.

    View our activity checklist to see what you might need to do to prepare yourself for the move to Commercial Banking Online.

Important legal information

The products and services outlined on this site may be offered by legal entities from across Lloyds Banking Group, including Lloyds Bank plc and Lloyds Bank Corporate Markets plc. Lloyds Bank plc and Lloyds Bank Corporate Markets plc are separate legal entities within the Lloyds Banking Group.

Calls may be monitored or recorded in case we need to check we have carried out your instructions correctly and to help improve our quality of service. Please note that any data sent via e-mail is not secure and may be read by others.

Lloyds Bank is a trading name of Lloyds Bank plc, Bank of Scotland plc and Lloyds Bank Corporate Markets plc. Lloyds Bank plc. Registered Office: 25 Gresham Street, London EC2V 7HN. Registered in England and Wales no.2065. Bank of Scotland plc. Registered Office: The Mound, Edinburgh EH1 1YZ. Registered in Scotland no. SC327000. Lloyds Bank Corporate Markets plc. Registered office 25 Gresham Street, London EC2V 7HN. Registered in England and Wales no. 10399850. Authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority under registration number 119278, 169628 and 763256 respectively.

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.

Lloyds Banking Group includes companies using brands including Lloyds Bank, Halifax and Bank of Scotland and their associated companies. More information on Lloyds Banking Group can be found at www.lloydsbankinggroup.com

While all reasonable care has been taken to ensure that the information provided is correct, no liability is accepted by Lloyds Bank for any loss or damage caused to any person relying on any statement or omission. This is for information only and should not be relied upon as offering advice for any set of circumstances. Specific advice should always be sought in each instance.