Corporate Terms - Bank of Scotland | Lloyds Bank

25769804274
Please note that the Terms and Conditions available below are the Bank's most recently issued versions. Please bear in mind that earlier versions of these Terms and Conditions may apply to your products, depending on when you signed up to the relevant product or when you were last advised of any changes to your Terms and Conditions. If you have any questions regarding which version of the Terms and Conditions apply to your products, please contact your Relationship Manager.

For the latest information about the Financial Services Compensation Scheme (FSCS) please use the 'Legal Information' link below. This supersedes the information provided in the current Terms and Conditions for deposit products.

Please read our site terms and conditions.
25769804273
Welcome

Welcome to the Bank of Scotland Corporate terms site. Here you will find the latest information regarding account services, product information and interest rates and charges.

If you can’t locate the information you need, please don’t hesitate to contact your Relationship Manager.

You can find your terms and conditions by clicking on the links below, using the search function at the top of the page or by clicking on one of the product groups in the Terms and Conditions section – Cash Management, Deposits, International Trade, Online Services or Client Accounts.

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Find your product

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B

C

D

E

F

G

H

I

J

K

L

M

N

O

P

Q

R

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T

U

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A

Account Reconciliation Service
ViewTerms and conditions
PDF file, 47kB

B

Bacstel IP
The UK's low value direct and indirect payments service providing a 3 day processing cycle.
ViewBacstel IP Direct - Terms and Conditions
PDF file, 102kB
ViewBacstel IP Indirect - Terms and conditions
PDF file, 101kB

BIC and IBAN Countries
A list of countries who have a requirement for the BIC and/or IBAN to be quoted when making payments.
ViewBIC and IBAN Countries
PDF File, 86KB

C

Cash in Transit
A service provided by us, in conjunction with Accredited Suppliers, to enable cash and cheque deposits to be collected directly from you to a chosen location for processing.
ViewTerms and conditions
PDF file, 69kB

Corporate card
Corporate Charge Card Terms & Conditions with effect from 28 December 2011

Corporate Client Accounts
Our client accounts aim to help make the process much easier for you to manage funds you hold on behalf of clients. Whether you want to set up accounts, deposit money, pay money out or need to be able to access client account information easily, our services aim to meet your needs.
View more about corporate client accounts
View

Corporate Currency Account
ViewCorporate Currency Account - Terms and Conditions
PDF, 73 kB

Corporate Deposit accounts
ViewTerms and conditions
PDF file, 112kB
ViewAbout your account
PDF, 392kB
Current interest rates
View

Corporate Deposit Currency Account
ViewCorporate Deposit Currency Account - Terms and Conditions
PDF, 113 kB

Corporate Online
Corporate Online banking offers a service solution to help you administer your business activities and make a wide range of payments more efficiently.
ViewApplication Form (Group of Companies)
PDF file, 169kB
ViewAmendment Form (Group of Companies)
PDF file, 180kB
ViewApplication Form (Single Entity)
PDF file, 148kB
ViewAmendment Form (Single Entity)
PDF file, 134kB
Log on to Corporate Online
Log on
ViewTerms and conditions
PDF file, 60kB

Direct Collection Terms and Indemnity
UK Customers
View
Belgium customers
View
The Netherlands customers
View
United Arab Emirates customers
View

Domestic and International Payment Cut-Off Times
Payment cut-off times are available to view in the about your account document. These cut off time relate to all domestic and international payments.
ViewAbout your account
PDF file, 392KB

Pension Fund Cheque Account
Easy management of your pension fund cash and consistent monthly interest rates paid and free of charges for all normal account transactions.
ViewTerms and conditions
PDF file, 55kB
ViewAbout your account
PDF file, 392kB
ViewFactsheet including interest rates
PDF file, 64kB

Sterling Current Account
ViewCorporate - About your account
PDF file, 391kB
Current interest rates
View
ViewTerms and conditions
PDF file, 86kB

Trust Account
Flexibility of withdrawing funds held in trust without the need for any notice period.
ViewTerms and conditions
PDF file, 113kB
ViewAbout your account
PDF file, 392kB
Current interest rates
View

D

Corporate Deposit accounts
ViewTerms and conditions
PDF file, 112kB
ViewAbout your account
PDF, 392kB
Current interest rates
View

Corporate Deposit Currency Account
ViewCorporate Deposit Currency Account - Terms and Conditions
PDF, 113 kB

Direct Collection Terms and Indemnity
UK Customers
View
Belgium customers
View
The Netherlands customers
View
United Arab Emirates customers
View

Domestic and International Payment Cut-Off Times
Payment cut-off times are available to view in the about your account document. These cut off time relate to all domestic and international payments.
ViewAbout your account
PDF file, 392KB

Other Products (Discontinued)
If you are an existing Bank of Scotland customer still operating one of these accounts, the interest rates and charges provided will apply. Please note these products are no longer available as a new product offering.
View Other Products (Discontinued)
View

E

Regular Export Collection Terms and Conditions
UK customers
View
Belgium customers
View
The Netherlands customers
View
United Arab Emirates customers
View

G

Guarantee Terms and Indemnity
UK customers
View
Belgium customers
View
The Netherlands customers
View
United Arab Emirates customers
View

I

BIC and IBAN Countries
A list of countries who have a requirement for the BIC and/or IBAN to be quoted when making payments.
ViewBIC and IBAN Countries
PDF File, 86KB

Domestic and International Payment Cut-Off Times
Payment cut-off times are available to view in the about your account document. These cut off time relate to all domestic and international payments.
ViewAbout your account
PDF file, 392KB

Interest rates
Current interest rates for our corporate accounts
Current interest rates for our corporate accounts
View

International Cash Management
Service provided by us allowing you access to account information and setting up payment instructions online.
ViewTerms and conditions
PDF file, 42kB

i-SITE
Designed specifically with the needs of Client Banking customers in mind, this service can help you manage multiple client accounts in a dedicated and secure area.
Log on to i-SITE
Log on
Further information on i-SITE
View more information
Contact our Client Banking team on 0131 658 4592

Telephone and Internet Banking
Enables you to obtain information and give instructions to us through the website or by telephone.
ViewTerms and conditions
PDF file, 61kB

L

Online Trade Services (LOTS)
Online Trade Services allows you to electronically initiate access and manage your trade services transactions, all via a secure internet connection.
Log on to Online Trade Services
Log on
ViewApplication form
PDF file, 114kB
ViewTerms and conditions
PDF, 116kB
ViewNew Entities
PDF file, 87kB

Standby Letter of Credit Issued
UK customers
View
Belgium customers
View
The Netherlands customers
View
United Arab Emirates customers
View

M

MarketsLink
Provides you with the ability to trade foreign exchange and money market products in a real-time secure environment.
Log on to MarketsLink
Log on
ViewTerms and conditions
PDF file, 60kB

MarketsLink Extra
An extension of MarketsLink, combining our electronic trading platform with our in-depth market analysis.
Log on to MarketsLink Extra
Log on
ViewTerms and conditions
PDF file, 60kB

O

Corporate Online
Corporate Online banking offers a service solution to help you administer your business activities and make a wide range of payments more efficiently.
ViewApplication Form (Group of Companies)
PDF file, 169kB
ViewAmendment Form (Group of Companies)
PDF file, 180kB
ViewApplication Form (Single Entity)
PDF file, 148kB
ViewAmendment Form (Single Entity)
PDF file, 134kB
Log on to Corporate Online
Log on
ViewTerms and conditions
PDF file, 60kB

i-SITE
Designed specifically with the needs of Client Banking customers in mind, this service can help you manage multiple client accounts in a dedicated and secure area.
Log on to i-SITE
Log on
Further information on i-SITE
View more information
Contact our Client Banking team on 0131 658 4592

MarketsLink
Provides you with the ability to trade foreign exchange and money market products in a real-time secure environment.
Log on to MarketsLink
Log on
ViewTerms and conditions
PDF file, 60kB

MarketsLink Extra
An extension of MarketsLink, combining our electronic trading platform with our in-depth market analysis.
Log on to MarketsLink Extra
Log on
ViewTerms and conditions
PDF file, 60kB

Online Trade Services (LOTS)
Online Trade Services allows you to electronically initiate access and manage your trade services transactions, all via a secure internet connection.
Log on to Online Trade Services
Log on
ViewApplication form
PDF file, 114kB
ViewTerms and conditions
PDF, 116kB
ViewNew Entities
PDF file, 87kB

P

BIC and IBAN Countries
A list of countries who have a requirement for the BIC and/or IBAN to be quoted when making payments.
ViewBIC and IBAN Countries
PDF File, 86KB

Domestic and International Payment Cut-Off Times
Payment cut-off times are available to view in the about your account document. These cut off time relate to all domestic and international payments.
ViewAbout your account
PDF file, 392KB

Other Products (Discontinued)
If you are an existing Bank of Scotland customer still operating one of these accounts, the interest rates and charges provided will apply. Please note these products are no longer available as a new product offering.
View Other Products (Discontinued)
View

Pension Fund Cheque Account
Easy management of your pension fund cash and consistent monthly interest rates paid and free of charges for all normal account transactions.
ViewTerms and conditions
PDF file, 55kB
ViewAbout your account
PDF file, 392kB
ViewFactsheet including interest rates
PDF file, 64kB

Provision of change
Service provided by us, in conjunction with Accredited Suppliers, to enable change to be directly delivered to you at a chosen location.
ViewTerms and conditions
PDF file, 77kB

S

Standby Letter of Credit Issued
UK customers
View
Belgium customers
View
The Netherlands customers
View
United Arab Emirates customers
View

Sterling Current Account
ViewCorporate - About your account
PDF file, 391kB
Current interest rates
View
ViewTerms and conditions
PDF file, 86kB

SWIFT Data Reporting
SWIFT Data Reporting provides customers with the ability to have information relating to their account sent across the SWIFT network.
ViewSWIFT Data Reporting
PDF file, 93KB

T

Online Trade Services (LOTS)
Online Trade Services allows you to electronically initiate access and manage your trade services transactions, all via a secure internet connection.
Log on to Online Trade Services
Log on
ViewApplication form
PDF file, 114kB
ViewTerms and conditions
PDF, 116kB
ViewNew Entities
PDF file, 87kB

Telepay
Outsourced Bacs Service allows you to make bulk payments of up to 150 transactions per month.
ViewInformation sheet
PDF file, 67kB
ViewTerms and conditions
PDF file, 126kB
ViewApplication form
PDF file, 97kB

Telephone and Internet Banking
Enables you to obtain information and give instructions to us through the website or by telephone.
ViewTerms and conditions
PDF file, 61kB

Telephone Banking
Enables you to contact us by telephone in order to obtain information on any account and details of any pre-existing payment instructions and payment transactions.
ViewTerms and conditions
PDF file, 58kB

Trust Account
Flexibility of withdrawing funds held in trust without the need for any notice period.
ViewTerms and conditions
PDF file, 113kB
ViewAbout your account
PDF file, 392kB
Current interest rates
View
Mandatory notices
Closure of the Cheque Guarantee Card Scheme

The Payments Council closed the scheme on 30 June 2011. You need to ensure you have alternative arrangements in place if you receive or make payments.
More information