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Your eligible deposits held by a UK establishment of Lloyds Bank plc are protected up to a total of £85,000 by the Financial Services Compensation Scheme, the UK’s deposit guarantee scheme. This limit is applied to the total of any deposits you have with the following:
Lloyds, Lloyds Bank, Mayfair Private Banking, Lloyds Private Banking, Lloyds Bank Private Banking, Lloyds 360, Lloyds Bank 360, MBNA and Scottish Widows Bank. Some savings accounts under the Charities Aid Foundation brand name are also deposits with Lloyds Bank plc. Any total deposits you hold above the limit between these brands are unlikely to be covered.
Please view how FSCS protects your money (PDF 3.76mb) for further information or visit www.fscs.org.uk.
You can also refer to our FSCS Information Sheet (PDF 52kb) for more details.
Due to FSCS eligibility criteria not all business customers will be covered.