Lloyds Bank proposes three types of charity current accounts: school account, credit union account, and treasurer’s account. Let us consider each of them in more detail:
- School Account was developed for state-funded schools and academies:
- free daily banking transactions
- monthly interest payments on the account balance
- no commissions for returning cheques
- Credit Union Account:
- free daily banking transactions
- you can make monthly statements on all your banking accounts
- access to the credited cash deposits on the same day
- Treasurer’s Account for churches, societies, or clubs:
- no requirements to minimum deposit level
- optional second signatory on the banking account
- free presentation cheques for awarding a large prize or making a huge donation
If you have additional questions, you should call at 0800-056-0056 if your turnover is less than 3 ml of GBP, and 0345 072 5555 if is more.
Read also:
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- How to open a business bank account with Lloyds?
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- Lloyds business banking application
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- Lloyds online banking for business
- Opening a business bank account in Lloyds