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Lloyds Bank - Limit to receive money
MikGar
Posts: 1 Newbie
Hello,
Does anyone know if there's an amount limit to receive money - by bank wire - on a Lloyds business bank account?
Thank you!
Michele
Does anyone know if there's an amount limit to receive money - by bank wire - on a Lloyds business bank account?
Thank you!
Michele
1
Comments
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I doubt that you are likely to exceed it.Even if there is one.0
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No limit as far as I can see - but you may have to explain the source of funds to their satisfaction if you don't want them to freeze your account.0
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Lloyd’s will have business customers with tens of millions of pounds so I can’t see any reason why they wouldn’t take a large sum from anyone as long as it was legitimate. All funds received would need to be in line with the kyc they hold for you so any unusually large amounts or money from an unusual source would raise questions.0
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