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Lloyds Business Account

I spoke with Lloyds today about wanting to stop the paper statements for my business account, but was told that it is the law and they have to send out paper statements for business accounts?

I can't find anything online about this, and was hoping someone here might know better? I know that you need to keep seven years worth etc... but why do I need them sent in paper form?

Thanks

Comments

  • Robin9
    Robin9 Posts: 12,464 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    I wish they would send me one occasionally - every month I get a interest rate notification but only an annual statement.
    Never pay on an estimated bill. Always read and understand your bill
  • You don't need to keep them - you have the choice of destroying them when received.
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