Lloyds Business Account

Rules and regulations for Lloyds bank to successfully process batch payments

Please keep the following information in mind when using the accounts payable feature. If you are uncertain on some of the following information, you will need to reach out to your bank.

• Daily transaction amount limit is £25,000 by default
  • If you are not sure on the limit for your account specifically, or if you want to try and increase the daily limit, please make sure to reach out to your account manager.
• There is also a limit per bulk payment of £25,000 - even if your daily limit is higher, Lloyds cannot process bulk payments totaling over £25,000 through open banking
• Lloyds does not allow multiple payments for the same contact to be processed in the same payrun.
• Lloyds Commercial accounts are not supported for bulk payments.

Please note that banks are not able to support multi-authentication for bulk pay runs using open banking.