Rates and Charges for Premier Banking customers

To qualify for these rates and charges, you must be a Lloyds TSB Premier Banking Service customer using the appropriate Promotional code, which you can obtain from your Premier Banking Manager. We'll keep you informed by secure message or by post if there are any changes to these rates and charges.

Commission charges – Nominee and ISA

Commission is charged per deal

	Online commission – all investment types except funds (Unit trusts and OEICs).
	Deal Value		Commission
	Any		£13.50
	Deals per quarter		Commission
	1-12		£13.50
	13 or more (Frequent Trader rate*)		£11
	In some cases, where securities cannot be dealt online, phone rates apply. If so, you will be advised at the time of dealing.
	Phone commission – all investment types except funds (Unit trusts and OEICs).
	Deal value		Commission
	£0 – 3,500		£15
	£3,501 +		£17.50
	Deals per quarter		Commission
	1-12		See table above
	13 or more (Frequent Trader rate*)		£15
	We will apply phone rates for any written instructions we receive.
	* Our standard dealing commission rates will apply for the first 12 trades placed across your Nominee or ISA accounts, per calendar quarter. The Frequent Trader rate will apply to any additional deals you place in the same quarter. The rate applied will depend on whether the deal is placed online or by phone. Standard rates will resume at the beginning of the next quarter. The Frequent Trader rate does not apply to the Certificated Service or trades placed in OEICs or Unit Trusts.
Certificated rates for Premier Banking customers           Deal Value Online commission Phone commission   £0 - 5,000 £15 £17.50   £5,001 + £20 £25
	Funds commission (Unit trusts and OEICs)
	Online	£10 flat rate + discounted initial charges for purchases
	Phone	£15 flat rate + discounted initial charges for purchases

Administration Charges

	Account type		Quarterly account charge
	Nominee		£5*
	ISA:	Standard	0.125% plus VAT
		Minimum	£5 plus VAT
		Maximum	£16.25 plus VAT
	* This charge is waived where an ISA is held within the same Lloyds TSB Share Dealing account.
	Account charges are payable quarterly on the first working day after 6 January, 6 April, 6 July and 6 October, when the full quarter's fees are collected. If you join within 1 month of a charge date the charge will be waived.
	ISA charges are based on the value of your portfolio as at the last working day of the previous month. We'll inform you by secure message or by post when these charges become due.

Closing your account

	Account type	Quarterly account charge
	Nominee	No closure charge
	ISA	Current quarter's admin charge (charged in full)
	There may be additional charges for dealing, stock transfers out and rematerialisation.

Interest Payable on Cash Balances

Additional items

Charges might apply, for example, for a special payment instruction or payment failure.

	Service	Charge
	Online information services	Free
	Stock transfers in (per holding)	Free
	Rematerialisation (issue paper certificate)	£10 plus VAT
	Stock transfers out (per holding)	£10 plus VAT
	CHAPS payments	£20
	Returned cheque / DD charge	£20
	Late settlement penalty	£30
	Copy of consolidated tax certificate	£15 plus VAT
	Duplicate contract note (if 6 mths after original)	£10 plus VAT
	Duplicate statement/valuation (per item)	£10 plus VAT
	Request for replacement share certificate	£25 plus VAT (plus any 3rd party charges)
	Debit interest	Lloyds TSB base rate + 5%
	We will take any charges out of your Nominee cash account or your nominated bank account as applicable.

Government Duties and Levies

More rates and charges

If you are not a Premier Banking customer please click here for the Lloyds TSB Share Dealing Rates and Charges

If you are not a Premier Banking customer and are interested in the Certificated Service please click here for the Certificated Rates and Charges

Rates correct as at March 2005. Customers will be kept informed by secure message or by post if there are any changes to these rates and charges.