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Coddan CPM Ltd. – Company Registration Agent in the UK
Home Corporate Services Company Registration With Lloyds Bank Account Legal Requirements to Open an Account with Lloyds Bank

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Legal requirements to open an account with Lloyds bank

Company Start-Up with Lloyds Bank Account

All companies registered with Companies House are required to have a business bank account, in order to ensure that business and personal finances are kept separate, and if you are setting up a new company, it’s a good idea to look around and find the most suitable bank for your business.

Lloyds Bank is a popular choice for many businesses but it is important to remember that when you set up an account with Lloyds, you will have to provide them with certain information. This includes the name and address of the company, its registration number, and the company’s anticipated turnover.

Setting up a business bank account can be an involved procedure and you will want to minimise the amount of time you have to spend in getting the right information together, so it’s a good idea to speak to a professional corporate service provider who can help guide you.

Coddan has offered useful business advice to companies of all sizes and we can help to make sure that the process of setting up your business account with Lloyds Bank runs smoothly and efficiently.