Placing Business.

How to do business and receive commission

Lloyds Bank International pays commission to intermediaries who introduce business.

It's a legal requirement in Spain that all intermediaries must be registered with the bank before they can introduce business and receive commission.

All commission is paid in euros. You can open a Lloyds Bank International account to receive these fees.

Registration

To register as an introducer to Lloyds Bank International, you need to provide:

Your FSA registration details.
A signed copy of the Lloyds Bank International terms of business.

Written confirmation from the Inland Revenue that your business is resident in the UK for tax purposes may also be required.

The registration documents should be sent to:

International Mortgage Services
1st Floor, 48 Chiswell Street
London
EC1Y 4XX, TNT89.

Contact

You can contact International Mortgage Services on 0800 731 1433.

Download literature & forms

Lloyds Bank International, S.A.U. with registered office at C/ Serrano, 90, 5^a Planta, 28006 Madrid, Spain, is registered in the Spanish Register of Banks and Bankers (Registro de Bancos y Banqueros) with the number 0236. Reg. Mer. Madrid, T.6799, L.0, F.108 Sec.8a, H.M.- 110714, Inscrip. 1a N.I.F. A-80481765. Lloyds Bank International S.A.U. is a Spanish bank duly incorporated in Spain.

All Lloyds Bank International, S.A.U. accounts and deposits will be held in Spain and subject to Spanish Law and Spanish banking rules. Lloyds Bank International, S.A.U. is registered with and regulated by the Bank of Spain who may be contacted at Banco de España, Servicio Jurídico de Reclamaciones, Alcalá 48, 28014 Madrid. Lloyds Bank International, S.A.U. subscribes to a dispute resolution procedure for deposit taking business operated by the Bank of Spain.

Lloyds Bank International, S.A.U. is a member of the Fondo de Garantía de Depósitos. Lloyds Bank International, S.A.U. paid up capital exceeds €58 million. Telephone calls may be monitored to improve services. The Financial Services Compensation Scheme under the UK Financial Services and Markets Act 2000 does not apply to deposits held in Spain.

If you do not have professional experience, you should not rely on the information contained in this communication. If you are a professional and you reproduce any part of the information contained in this communication, to be used with or to advise retail clients, you must ensure it conforms to the Financial Services Authority's advising and selling rules.

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