Lloyds TSB Bank (England)

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Lloyds TSB Bank (England) 

Lloyds TSB Bank has been established in 1995 as a result of Lloyds Bank and TSB Group (Trustee saving bank) mergers. Currently the quantity of bank clients amounts to more than 16 ml. After acquisition of largest mortgage bank HBOC (Halifax Bank of Scotland) in 2009, company Lloyds TSB Group was renamed on Lloyds Banking Group. Lloyds Group is actively working all over the world, including Europe, USA, Asia and Middle East, rendering services in such directions as support of big corporate clients, insurance, private wealth management as well as retail baking.

 

Account types:

Personal, corporate (all multicurrency).

Price of opening the account

(bank tariff):

0$

Minimum balance – absent

Representative offices: 

Scotland

Account Management:

Digi-pass

Maintenance tariff:

Account maintenance

0$ per month

 

Bank tariff can be found here: www.lloydstsb.com

(Are rendering under request)

Terms of opening the account:

The procedure of opening an account consists of two stages: preliminary stage and namely documents’ consideration stage.

Preliminary stage includes the process of gathering and submitting by clients documents which are required for opening an account. Term of the preliminary stage will depends precisely on You.

The procedure of consideration the documents and reaching the decision by bank staff regarding opening an account takes from 10 to 15 working days starting from the moment of in-person meeting of the client with bank representative.

 

Lloyds Bank follows the “know your client” principle and reserve the right to request the client to present any additional information or documents and this may take additional time. Bank also may refuse to open the account without any explanations.

Staff:

English – speaking

Credit/debit cards:

Maestro, MasterCard, Cirrus

Additional banking products:

Deposits, Credits, Safekeeping, Trust, Investments

Documents required for opening an account:

Forms for signature 

Providing at the bank main office while the in-person meeting with representative. 

 

The documents required for  the company

Originals of all company’s statutory documents.

In case that from the date of company incorporation has passed more than one year, the Certificate of Good Standing is required ( appropriately legalized or apostilled) .

 

 

Documents for the account holder:

  • Original of national passport;
  • Notarized translated in English copy of national passport;
  • Original of foreign passport (in case of its presence);
  • Original of any bank reference in English or its notarized translation
  • Recommendation from partners in English no older than 6 months.
  • Copy of notarized translation in English of the utility bill from the place of residence no older than 3 months.

 

 

Documents for beneficiary of the company:

  • Original of national passport;
  • Notarized translated in English copy of national passport;
  • Original of foreign passport (in case of its presence);
  • Original of any bank reference in English or its notarized translation
  • Recommendation from partners in English no older than 6 months.
  • Copy of notarized translation in English of the utility bill from the place of residence no older than 3 months.

 

The procedure of opening the account:

For procedure of opening bank account commence, you should provide to us your business plan with description of principal activity of the company and copies of documents, necessary for opening bank account. After that, we prepare set of documents and send it to the bank for pre-approval.   Once the bank gives his pre-approval, we appoint the meeting of account holder with bank representative in London.  After the personal meeting with client, bank takes the final decision on opening the bank account.

Webpage:

www.lloydstsb.com