CASH ACCOUNT. Everyday banking 24/7

Transcription

1 CASH ACCOUNT Everyday banking 24/7

2 Cash Account Contents Your Lloyds Bank Cash Account 1 Using your Lloyds Bank Cash Account 2 What s included? 4 Getting more from your card 5 Banking your way 7 Paying money in 10 Paying your bills 12 Managing your money 14 Open an account 17 Proof of identity 18 FAQs 20

3 Your Lloyds Bank Cash Account I want an account that s simple to use Lloyds Bank Cash Account Straightforward and simple, our Cash Account has some useful features: Debit card You ll receive a Lloyds Bank Visa debit card for use in shops, online and over the phone at home and abroad. Withdrawals Convenient and quick, you can withdraw up to a maximum of 300 each day from cash machines in the UK and abroad that are part of the LINK or Visa network, and Post Office branch. Fees apply to using your debit card abroad. Please see our Banking Charges guide for more details. Each 300 day you can withdraw up to a maximum of Deposits Pay in cheques and cash at one of our many Immediate Deposit Machines or Cashpoint machines in branch. Or you can use our depositpoint or a Lloyds Bank or Post Office branch counter. Track transactions Check your balance or account statement online, on the phone, in branch or via Mobile Banking. You can also get a mini statement at Lloyds Bank Cashpoint machines, which will list up to your last six transactions. Arrange payments You can set up, change or cancel your standing orders and most Direct Debits online, over the phone or in branch. Make more of your mobile Top up your mobile at any LINK cash machine. Successful mobile top-ups will reduce the amount of money you can take out of your account that day. 1

4 Using your Lloyds Bank Cash Account My account is easy to manage Once you ve opened your account 1. Within five working days of opening your account you should receive your Visa debit card. 2. Then we ll send you a Personal Identification Number (PIN) separately, for security reasons. 3. You can register for our Internet Banking and PhoneBank services as soon as your account is open and set up Mobile Banking. 4. You can sign up for a range of text alerts. See pages 8 9 for more details. Overdrafts It s important that you always keep your account in credit, with enough money to cover cash withdrawals and payments out. There are no Planned Overdraft facilities on this account. In some instances, we may agree to cover a payment by giving you an Unplanned Overdraft where you do not have the available funds. If we do this, we ll give you a 10 buffer and will not charge you for it. If you exceed this, you ll be charged for using an Unplanned Overdraft. You may be charged a fee if: Your account becomes overdrawn for example if a cheque you pay in is returned unpaid and you had withdrawn money against it. A payment is rejected because there is not enough money in your account to cover it. You use our special services, such as a Banker s draft. For more details about charges, see our Banking Charges guide and Your Banking Relationship with Us (the Personal Banking terms and conditions) in branch or at lloydsbank.com 2

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6 What s included? I need to know if this is the right account for me Straightforward everyday banking Our Cash Account offers a range of easy to use account services and there s no charge for everyday transactions when you are in credit. However, the Cash Account doesn t offer: A Planned Overdraft facility. A cheque book. Credit interest. Your Lloyds Bank debit card can be used: In shops, online and on the phone. To take out up to 300 a day from cash machines in the UK and abroad that are part of the LINK or Visa network, and Post Office branches in the UK, free of charge. To get up to 50 cashback at most UK supermarkets. To pay your utility, store and credit card bills. If you use your debit card to make a transaction in a foreign currency (whether you are in the UK or abroad) then charges will apply. Please see our Banking Charges guide for more details. 4

7 Getting more from your card What s shown on your card Valid from This is the date you can start using your card. 2 Expiry date You won t be able to use your card after this date. 3 Cardholder s name Your name will appear here. 5 Security (CVV2) code On the back of your Visa debit card you ll find seven numbers on the white signature strip where you sign your name. The last three digits of this code are usually needed when you shop online or over the phone. 4 Account number Your eight-digit account number will appear here. 5

8 Getting more from your card Getting the most from my card How to start using it Your Personal Identification Number (PIN) Your Visa debit card comes with a PIN, which is your personal security code to make sure only you can use your account card. You can change the PIN to one you ll remember at any Lloyds Bank, Bank of Scotland or Halifax cash machine by: Inserting your Visa debit card and entering your current PIN. Selecting PIN services (on some machines you may need to select other services first). Choosing Select your own PIN and entering a four-digit number of your choice. For security reasons, you shouldn t choose consecutive numbers such as 1234 or repeated numbers like 5555 and try not to choose obvious four-digit numbers like your date of birth. Your PIN is confidential. But if you do need to write it down, disguise it so that it s not recognisable as your PIN and never keep it with your Visa debit card or give it to anyone else. Also take care to shield your PIN when making purchases or using a cash machine. Getting money at a Post Office branch Tell the member of staff how much you want to take out. This is not limited to multiples of 10 it can include pounds and pence. You ll need to insert your card into the terminal on the counter and enter your PIN. You can check your balance before taking any money out. 6

9 Islamic Banking Account your way I can choose how I want to bank 24 7 Manage your money around the clock both online and on the phone. Year of study 77 7

10 Banking your way Internet Banking Giving you access to your accounts 24 hours a day, seven days a week, Internet Banking is convenient, secure and easy to use. With just a few clicks of the mouse you can: Check your up-to-the-minute balance. Pay your bills. Transfer funds between your Lloyds Bank accounts. Set up, view and cancel standing orders. Order your travel money. To register for Internet Banking, go to lloydsbank.com/ib or visit us in branch. Mobile Banking Our Mobile Banking service helps you keep track of your Lloyds Bank UK personal accounts when you re on the move. You can view your balance, transfer between accounts, make payments and also set up new ones. You need to be registered for Internet Banking to use this service. Once registered, you can log in using your mobile phone browser, or via our free Mobile Banking app which can be found at lloydsbank.com/onthemove We don t charge you for Mobile Banking but your mobile operator may charge for some services, please check with them. We don t charge you for Mobile Banking but your mobile operator may charge you for some services, please check with them. Services may be affected by phone signal and functionality. The Mobile Banking app s Branch and ATM finder is available to all. Other Mobile Banking services are only available to our UK personal Lloyds Bank customers and registration is required. Terms and conditions apply. 8

11 Banking your way Text alerts To help you manage your current account on the move you can easily set up the following text alerts. For more information visit lloydsbank.com/mobileservices Limit alerts we text you to let you know if you re near or over your account limit, so you can pay in enough money to cover all your payments. High and low balance alerts help you keep track of how much money is in your account. When there s extra money in your current account we ll send you a high balance alert so you can move money into your savings account. We can also send a low balance alert so you can make sure you have enough money in your account to cover your outgoings. Overseas transaction alerts for added security when your Visa debit card is used abroad, we ll text to tell you whether it was a purchase or withdrawal from a cash machine. This means you can spot any fraudulent transactions on your account and give you time to tell us about them. Weekly balance alerts choose the working day and time you d like us to send you a weekly text with your balance and last six transactions and we ll set it up for you straight away. PhoneBank Our PhoneBank service is quick and easy to use and is available 24 hours a day, seven days a week. Call us on or to register and an adviser will send you a Security Number in the post. Please have your account number and sort code to hand. With PhoneBank you can: Check your current balance. Pay your bills. Transfer money between your Lloyds Bank accounts or to another person. Find out what s gone in and out of your account. Set up standing orders and check Direct Debits. Order your travel money. Not all Telephone Banking services are available 24 hours a day, 7 days a week. Please speak to an adviser for more information. Text alerts (other than Weekly Balance and Overseas Transaction Alerts) are sent before 10am UK time Monday to Friday (excluding Bank Holidays). Terms and conditions apply. If you need to call us from abroad, by mobile or prefer not to use our 0845 number, you can also call us on Calls may be monitored or recorded in case we need to check we have carried out your instructions correctly and to help improve our quality of service. 9

12 Paying money in It s easy to move my money A_B 10

13 Paying money in Paying in money at any Lloyds Bank branch You can pay in cash and cheques at the counter of any Lloyds Bank branch or by using our depositpoint service. All deposits at the counter will be processed immediately. All deposits made in depositpoint before the cut-off time shown on the box will be processed the same working day. Any deposits made after that time or at weekends will be processed the next working day. Please remember, weekends and Bank Holidays are not counted as working days. Cash will be immediately available when processed and cheques will follow normal clearance timelines. Cheques will take four working days after we receive them for the money to be available for you to use and six working days for you to be certain that it will be paid. For more information about when cheques you pay in will be processed and the money can be accessed, please see Your Banking Relationship with Us (the Personal Banking terms and conditions). At a Post Office branch You can also pay in cash and cheques via any Post Office branch take along a completed paying-in slip from the book we give you. Any cheques you pay in should be made payable to you. Please pay in cash and cheques separately. The Post Office will forward your deposit to us and we ll pay it into your account when we receive it, normally the next working day. A cash deposit will be available for you to use as soon as it shows on your account. A cheque will also show on your account the day we receive it but needs to go through the cheque clearing process. So, it will take four working days after we receive it for the money to be available for you to use and six working days for you to be certain that it will be paid. 11

14 Paying your bills Post Office branches also have a cut-off time each day (which varies between branches), after which any money you pay in will take an extra day to show on your balance. Your Post Office will be able to confirm their local cut-off time. Transferring funds You can move money easily between your own Lloyds Bank accounts or to another person s Lloyds Bank account in a number of ways, and the money will be transferred the same day. Transfers can be made through Internet Banking and Mobile Banking, once you ve registered. You can also use this service for paying bills. You can transfer money easily between your Lloyds Bank UK personal accounts using Mobile Banking. See page 8 for more details. Alternatively you can transfer money by calling PhoneBank on , or , by visiting your local branch or by using selected Lloyds Bank Cashpoint machines. To use this facility on our Cashpoint machines please contact your local branch, and we ll be happy to set it up for you. Direct Debits Direct Debits are a quick and easy way to make payments. They go straight from your account to a company or service, which is really useful for paying regular bills like your utilities, where the amounts might vary. If you ever need to cancel or change a Direct Debit, simply let the company you are paying and us know. If you think there s been an incorrect payment, tell us immediately and we ll arrange a full refund, and tell the company or business involved. Standing Orders Another simple way to pay your bills is by standing order. This is a fixed, regular payment from your account. We can help you set these up, and if you ever need to change or cancel them just let us know. 12

15 Paying your bills Standing Orders/Direct Debits/ cheques/future dated payments We make payments from your account shortly after midnight at the start of the due date. If your payment date falls on a nonworking day, then we will try to collect your payment the next working day. If you don t have enough funds in your account at this point to make a payment, we will try to make a payment again after 3.30pm the same day. This gives you the chance to put extra funds into your account so that we can make the payment. The money needs to be available to use straight away, so you could transfer money from another personal account you have with us via Internet, Mobile or Telephone Banking or pay in cash over the counter in branch. If you do not have enough funds at the beginning of a day to make a payment: You have until 3.30pm to pay money into your account to make the payment that day. If a payment takes you into any type of overdraft, you have until 3.30pm to pay money into your account to avoid overdraft fees and charges. Standing Orders and future dated payments If you don t have enough funds in your account to pay a standing order after 3.30pm on the day the payment is due, we will continue to try to make the payment each working day for up to 26 days in total. If we can t make the payment by the second day after it was due, then we may charge a returned item fee of 10. We will, however, only charge one for each item that isn t paid, even if we continue to try to make the payment over the 26 days. If we charge a returned item fee then we will write to let you know about the failed payment. One-off payments You can pay your bills online once you ve registered for Internet Banking or through PhoneBank. You can also pay some bills at certain Cashpoint machines by setting up a list of companies you want to pay beforehand through Internet Banking, by calling PhoneBank on or or by visiting us in branch. 13

16 Managing your money Keeping track of my money wherever I am Check your transactions at home or abroad Check your balance You can check your up-to-date balance at: Cash machines in the UK and abroad that are part of the LINK or Visa network. Online through Internet Banking at lloydsbank.com On your smartphone using Mobile Banking. Over the phone by calling PhoneBank on If you need to call us from abroad or by mobile, you can call us on Or in branch. You can also opt to receive a weekly balance alert on your mobile with our text alert service. 14

17 Managing your money Statements It s quick and simple to print or download your statements with our Internet Banking service. You can also print a mini statement from any Lloyds Bank Cashpoint machine, showing the six latest transactions on your account. Using your card abroad While you re away, your Lloyds Bank Visa debit card can be used to make purchases and cash withdrawals where the Visa sign is displayed. Fees apply to using your debit card abroad. Please see our Banking Charges guide for more details. Commission-free travel money You can buy your foreign currency and American Express Travellers Cheques from us commission free* through Internet Banking, PhoneBank or from any Lloyds Bank branch. We ll also buy them back from you commission free when you return from your trip. For full details of the travel money services available to you as well as the terms and conditions and charges that apply to them, please see our You and Your Money Abroad brochure, our Banking Charges guide or visit lloydsbank.com The price at which we buy back your currency may differ from the price at which we sold it to you. There are minimum denominations we can accept in certain currencies. Details of these are available on request. We may not be able to re-purchase currency if a country becomes embargoed or we no longer deal with that currency. 15

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19 Open an account Opening a Lloyds Bank Cash Account What you ll need to apply You can open an account online at lloydsbank.com/cash and this will take three to five working days. Alternatively, you can visit us in branch to open an account. To complete your application you ll need the following to hand Your income details, including your pension and investments, if relevant. Details of any benefits you may receive. Details of your addresses and postcodes for the last three years. Your employer s address if relevant. And you must be able to confirm all of the statements below I do not have a current account with Lloyds Bank. I am aged 18 or over. I am a UK resident. I am an EU national or I have permission to stay in the UK for at least 12 months. When you apply for an account with us, we ll carry out some standard credit checks. We can still open an account for you if you have a poor credit history. But, if your credit reference agency file shows that you have a history of fraud or are an undischarged bankrupt we won t be able to accept your application. After you apply, we may still need you to go into your local branch with proof of identity and address. There is more information about the kinds of documentation you will need to bring along overleaf. 17

20 Proof of identity Documents needed to support your application 18

21 Proof of identity Documents you will need to bring along? In most cases you will only need to produce one of the following: Current United Kingdom photo driving licence or signed passport from one of the following countries: Austria, Belgium, Croatia, Denmark, Finland, France, Germany, Greece, Iceland, Ireland, Italy, Netherlands, Norway, Poland, Portugal, South Africa, Spain, Sweden. Current passport with valid UK Visa issued by Australia, Canada, Hong Kong, United States of America, New Zealand, Singapore, South Africa or Japan. If you can t provide one of these items, you will need to bring one document from each of the two lists opposite to prove your identity and your address. If you don t have any of the items above we may be able to accept other items. Proof of identity All other current signed passports with valid UK Visa. Current UK non-photo driving licence. Benefits or pensions notification letter confirming your right to benefit. Blue Disabled Driver s Pass. Proof of address Bank or building society statement (we don t accept internet statements). Utility bill (such as a gas, electricity or landline phone bill) dated within the last three months. Local authority tax bill for the current year. Benefits or pensions notification letter confirming your right to benefit (if not already used as proof of ID). Tenancy agreement issued by a solicitor, housing association, local council or reputable letting agency. 19

22 Frequently asked questions FAQs How long do my payments take? The majority of payments made other than by cheque and Direct Debit to a UK bank will be processed using the Faster Payments Service, with payments usually reaching the receiving account within two hours. Payments for larger amounts may take up to a day. We will advise you when you ask us to make a payment if the organisation you are sending the payment to is not a member of the Faster Payments Service. If we cannot make the payment using the Faster Payments Service you can contact us on or or call into your local branch to ask if there is any other method available to make the payment. For more information about the time it takes to make a payment please see the booklet Your Banking Relationship with Us (the Personal Banking terms and conditions). What can I do to avoid theft or fraud? Here are a few things you can do to stay in control of your money: Make sure that your cheque book and cards are safe, but don t keep them together. Always sign your cards in ballpoint pen as soon as you receive them. Always be sure that when you give out your bank details that you know who you re giving them to and why they need them. Check your statements regularly and get in touch if you see any transactions you don t recognise. 20

23 Frequently asked questions What do I do if my Visa debit cards are lost or stolen? You must report any theft or loss as soon as possible so that we can prevent other people from using your account. Call any Lloyds Bank branch or the Lloyds Bank 24-hour Lost and Stolen Cards service on or if calling from abroad. You ll receive replacement cards from us usually within five working days of notifying us. How do I send money abroad? We offer a wide range of International Payment services that allow you to send money overseas quickly, securely and easily. You ll need two codes to send money to a bank account abroad: the Bank Identifier Code (BIC) and International Bank Account Number (IBAN) of the person you are sending money to. These are similar to our sort codes and account numbers in the UK and you must have these numbers to make sure a payment is credited promptly and accurately. The person receiving the money must give you their bank details. There are charges to use our International Services. If you d like more information about our International Services and how long these payments take, contact our helpdesk on , Monday to Friday 8.30am to 5pm, or telephone PhoneBank on or , 24 hours a day. You can also visit us in branch. 21

24 Open a Cash Account Go to lloydsbank.com/cash ÕÕ Call us on Visit your local branch If you d like this in another format such as large print, Braille or audio please ask in branch. If you need to call us from abroad, by mobile or prefer not to use our 0845 number, you can also call us on If you have a hearing or speech impairment you can contact us using Text Relay or Textphone on or you can call us on if you prefer not to use our 0845 number (lines are open 24 hours a day, 7 days a week). If you are Deaf and prefer to use BSL then you can use the SignVideo service available on our website: lloydsbank.com/signvideo.asp Important information Calls may be monitored or recorded in case we need to check we have carried out your instructions correctly and to help improve our quality of service. The Post Office is a registered trademark of Post Office Ltd. depositpoint is a trademark of Lloyds Bank plc. PhoneBank and Cashpoint are registered trademarks of Lloyds Bank plc. Lloyds Bank plc. Registered Office: 25 Gresham Street, London EC2V 7HN. Registered in England and Wales no Lloyds Bank plc is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority under registration number We also subscribe to The Lending Code. Details can be obtained from Information correct as at January M59061 (01/15)