Lloyds Bank is a member of Lloyds Banking Group. The group was establsihed in 2009 as a result of the merger of several well-known British financial institutions, including Lloyds Bank and Bank of Scotland. Lloyds Banking Group is active in the Netherlands since 1966 with banking products and services for individuals and businesses. In 1999 Lloyds Bank became the first bank in the Netherlands offering mortgage loans online. Now Lloyds Bank provides mortgage loans both directly to consumers via the Internet, or indirectly through independent agents. Savings accounts are offered only directly to consumers (via the Internet).
Becoming a client of Lloyds Bank GmbH can be done in a few steps:
Due to regulatory requirements Lloyds Bank GmbH performs KYC/AML checks when establishing business relationships with a new client. While onboarding a private individual Lloyds Bank GmbH will ask him/her to provide the following documents: passport; proof of address. For corporate clients Lloyds Bank GmbH will ask to provide corporate documentation as well as information about controlling persons. Lloyds Bank GmbH may request additional documentation or information depending on the case.
Lloyds Bank GmbH participates in the deposit guarantee scheme of Germany. This deposit guarantee scheme applies to all deposit accounts made by individuals, companies and covers up to up to 100,000 EUR per bank per depositor. Lloyds Bank GmbH is a member of Entschädigungseinrichtung deutscher Banken GmbH (EdB) and makes its contributions into it.
Lloyds Bank GmbH is a member of Lloyds Banking Group (United Kingdom) and operates as a branch of Lloyds Bank GmbH (Germany).
Lloyds Bank GmbH is located in Amsterdam.