• How payments will change

    Below you'll find all the new features and changes that we've made to payments on Commercial Banking Online.

  • Payment types

    Look at how we've grouped some payment types

    Corporate Online

    The table below shows how we've grouped some payments together.

    Any permission to approve a payment, as well as its limit, will move over to the new payment type. So if a user can create a BACS single payment now, they can do the same up to their limit on the new platform.

    If a user has two different limits, the lower limit will be moved over.

    You should check your users' permissions.

    Internal transfers are not available on the new platform. Please use a different type of payment. But you can make inter-account transfers.

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.