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Island Business Extra Account
A business banking account that’s designed for all your day-to-day business needs. We make life simple with clear, transparent account fees and charges.
These services are designed for businesses operating in the Channel Islands or the Isle of Man and are provided by Lloyds Bank Corporate Markets a wholly owned subsidiary of Lloyds Banking Group plc.
Information on services for businesses in the United Kingdom through Lloyds Bank plc.
Features and benefits
- Open an account with as little as £1.
- Fee free for a range of automated payments, see tariff guide below for further information.
- A monthly account management fee of £20.
- Overdrafts are subject to application and approval.
- Visa debit card included.
- The account is available in Sterling.
- Designed for businesses in the Channel Islands and the Isle of Man.
Eligibility
To apply for an account you must be a sole trader, partnership, limited partnership or limited company - with an annual turnover above £3 million or lending over £500,000 and trading in Jersey, Guernsey or the Isle of Man.
Charges and fees
Your guide to bank charges (PDF, 93KB)
Island Business Extra charges guide (PDF, 79KB)
Terms and conditions
Account conditions (PDF, 186KB)