Everyday banking
Manage salary, bills, and spending from one clear account view. View real-time balances, search transactions, and download statements whenever you need them.
Personal banking
Current accounts
A straightforward current account for day-to-day money management, with secure digital banking, a contactless debit card, and UK payment services built in.
What is included
Debit card
Receive a contactless Visa debit card for shops, online purchases, and cash withdrawals. Freeze or unfreeze your card instantly from the mobile app if it is misplaced.
Online banking
Send money, manage payees, and update your details securely through Internet Banking on desktop or tablet, protected by two-step verification.
Mobile banking
Check balances on the move, approve payments, and receive alerts for account activity. Biometric login is available on supported devices.
Faster Payments
Send sterling to UK bank accounts quickly using Faster Payments. Most payments arrive within two hours, including evenings and weekends.
Direct debits
Set up and manage direct debits for regular bills such as utilities, subscriptions, and memberships. Cancel or amend instructions from your dashboard.
Standing orders
Schedule fixed payments to people or organisations on a date you choose. Ideal for rent, savings contributions, or regular gifts to family.
International payments
Send funds overseas in major currencies with transparent fees and exchange rates shown upfront. Track payment status from initiation to completion.
Eligibility
To open a personal current account with Lloyd Merchant Bank, you must be at least 18 years old and resident in the United Kingdom. You will need a valid form of photo identification, proof of address dated within the last three months, and a UK mobile number for security verification.
We carry out identity and fraud checks as part of the application process. Approval is subject to our account opening criteria; we may request additional information where required by regulation or internal policy.
- UK resident aged 18 or over
- Valid photo ID (passport or driving licence)
- Recent proof of address
- UK mobile number and email address
How to apply
You can apply online in around ten minutes. Create your customer profile, complete secure identity verification, and choose how you would like to receive your debit card. If your application is approved, we will confirm your sort code and account number by secure message.
Prefer to speak to someone first? Our UK helpdesk can walk you through the process and answer questions about documents or account features before you apply.
Open a current account online
Start your application today. No branch visit required for most customers.
Frequently asked questions
Our standard current account has no monthly maintenance fee. Some optional services, such as same-day international transfers or replacement cards outside standard terms, may carry a charge. Full details are shown before you confirm any transaction.
Yes. Your debit card can be used worldwide where Visa is accepted. We apply our published foreign exchange and overseas usage rates, which you can review in your account documents and within Internet Banking before you travel.
Once your identity checks are complete and your account is active, you can set up payees, direct debits, and standing orders through Internet Banking or the mobile app. Faster Payments to UK accounts typically arrive within two hours.
Yes. Joint current accounts are available to two applicants who meet our eligibility criteria. Both parties must complete verification and agree to the account terms before the account is opened.
Related information
Ready to open your account?
Register online in a few minutes. We will guide you through identity checks and help you activate Internet Banking once your account is ready.