Lloyds International: international accounts from Lloyds Bank Corporate Markets in Jersey, Guernsey and the Isle of Man

Lloyds International is not a separate bank: it is the trading name under which Lloyds Bank Corporate Markets plc, a British bank authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the PRA, serves its international clients. This company, a wholly owned subsidiary of Lloyds Banking Group plc, is the group's "non ring-fenced" bank: it is legally independent of Lloyds Bank plc, the British retail bank.

Deposit-taking is carried out by three branches, each licensed locally: in Jersey by the Jersey Financial Services Commission, in Guernsey by the Guernsey Financial Services Commission, and in the Isle of Man by the Isle of Man Financial Services Authority. The product sheets state that the accounts are provided by Lloyds Bank Corporate Markets plc without specifying which branch holds a newly opened account.

The order brief mentioned an entity called "Lloyds Bank International Limited"; it does not appear on any of the legal pages consulted, which refer exclusively to Lloyds Bank Corporate Markets plc. The licence numbers of the three branches with the island regulators were not recorded, as the registers could not be queried.

International current accounts are open to people aged at least figure being updated who live in an eligible country. The bank warns that, depending on the law of the country of residence, it may be unable to offer the account, and refers customers to an eligibility checker that does not publish the list of excluded countries.

No income or wealth requirement applies to the International Plus account, which is presented as available to anyone meeting the age and residence conditions. The accounts overview page, however, reserves the International Classic account for holders of a Club Lloyds account, a condition that the product sheet does not repeat. Applications are made through the international mobile app, for new and existing customers alike.

The international private banking service is reserved for clients with at least from £250,000².

The pages consulted say nothing about nationality, about "US persons", or about whether the account is kept after a move to a non-eligible country. The former International Current account and Premier International account are no longer on sale.

Two current accounts are offered to new customers. The International Plus account, held in sterling only, costs figure being updated per month, with the fee waived as long as the balance reaches figure being updated. The International Classic account is available in sterling, euro and US dollar; it costs figure being updated per month per account (the same nominal amount in euro and dollar), unless the balance reaches from £5,000¹ or its nominal equivalent in the account currency.

The offer includes a debit card, international transfers advertised as free of charge from Lloyds (recipient banks may charge), and savings accounts: term deposits, the International Instant Saver Account and the Money Market Call Account.

The full tariff (exchange, withdrawals, urgent transfers) has not been reproduced: we did not consult it in a dated form.

Deposits fall under the scheme of the jurisdiction of the branch that holds the account, and not under the UK Financial Services Compensation Scheme, which Lloyds states does not apply to activities carried out outside the United Kingdom.

• Jersey: Jersey Bank Depositors Compensation Scheme, up to figure being updated per eligible depositor. The Jersey branch appears on the official list of participating banks.
• Guernsey: Guernsey Banking Deposit Compensation Scheme, up to figure being updated per depositor per bank, subject to an overall cap of figure being updated.
• Isle of Man: Isle of Man Depositors' Compensation Scheme, up to figure being updated for most individuals.

Lloyds' pages still mention a multi-year overall cap for the Jersey scheme; according to the Government of Jersey, this overall cap was removed with effect from 1 April 2026, while the per-depositor limit remains unchanged and is under review.

The Manx limit comes from the regulatory disclosure of another participating bank: the page of the Manx authority could not be read. As it is not known which branch holds a given account, the applicable scheme must be confirmed in the terms provided at account opening.

• The branch that will hold the account (Jersey, Guernsey or the Isle of Man), stated in the contractual terms: it determines the regulator, the deposit protection scheme and the competent ombudsman.
• Whether the country of residence is eligible, using the bank's tool, and what happens in the event of a move to a country that is not served.
• The balance level that avoids the monthly fees on each account, and the Club Lloyds condition announced for the International Classic account.
• The reporting obligations of the country of residence: an account held in a Crown Dependency must be declared as a foreign account and falls within the automatic exchange of information.