Lloyds Loan servicing account

musicman100

Hi i applied for one of these and applied for the loan . It appeared in that account on the 2nd June but i cant seem to be able to withdraw it.  I have a normal current account with them but they are not connected. when i try to withdraw it says

Sorry you dont have an eligible account

How do i get the money out?

I dont have a business account only a loan servicing account.

thanks

MattMattMattUK

You need to provide a bit more information. What kind of loan is it for starters? What was the product, can you link to it on the Lloyd's site?

musicman100

sorry its the bounce bank loan from the government

ThisnotThat

Wouldn't it be far easier to just contact Lloyds and ask them?

You'd probably have had your answer by now if you'd just phoned them.

musicman100

Yes I have been trying to for the past 2 days!! the on line chat gets no response and phoning it just says they are busy and wait time is over an hour !! Which i have not got time to wait.  so i just thought someone else might have the same problem.

Percy1983

My Lloyds BBL went straight into my Lloyds business account.
Couldn't you apply with the bank you do your usual business banking with?

sheramber

Percy1983 said:

My Lloyds BBL went straight into my Lloyds business account.
Couldn't you apply with the bank you do your usual business banking with?

   The OP saod  
I have a normal current account with them 

Percy1983

sheramber said:

Percy1983 said:

My Lloyds BBL went straight into my Lloyds business account.
Couldn't you apply with the bank you do your usual business banking with?

   The OP saod  
I have a normal current account with them 

I know that is why I asked why they didn't apply for one with the bank they do their business banking with.

sheramber

Percy1983 said:

sheramber said:

Percy1983 said:

My Lloyds BBL went straight into my Lloyds business account.
Couldn't you apply with the bank you do your usual business banking with?

   The OP saod  
I have a normal current account with them 

I know that is why I asked why they didn't apply for one with the bank they do their business banking with.

because he doesn't have a business account.

Emmia

sheramber said:

Percy1983 said:

sheramber said:

Percy1983 said:

My Lloyds BBL went straight into my Lloyds business account.
Couldn't you apply with the bank you do your usual business banking with?

   The OP saod  
I have a normal current account with them 

I know that is why I asked why they didn't apply for one with the bank they do their business banking with.

because he doesn't have a business account.

So the OP is (probably) breaking the T&Cs in using a personal account for their business - applying for/withdrawing the BBL will probably highlight this to Lloyds, with the usual consequences...