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How to connect a Lloyds Bank Commercial account for Commercial Banking Online users

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Connecting a Lloyds Bank Commercial account for Commercial Banking Online users

Enable Open Banking data sharing

You must enable Open Banking data sharing within Commercial Banking Online before you can connect your chosen account to Business Finance Assistant. You’ll need to be an administrator in Commercial Banking Online to do this.

Please have your card and reader ready. You’ll need them to complete this process.

 

  1. To add your business accounts to Open Banking, you must first create a new role or amend an existing role with Open Banking options selected. To do this, follow the steps on the CBO support page:
    https://cbosupport.lloydsbank.com/how-to-use-cbo/open-banking/article/how-to-give-a-user-open-banking-access

  2. Once the role has been created, it must be approved. Further instructions can be found below and on the Support Centre: https://cbosupport.lloydsbank.com/how-to-use-cbo/open-banking

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Fig (v) – Role maintenance in Commercial Banking Online

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Fig (vi) Approve the Client ID that the role is associated with.

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Fig (vii) Confirm the role by entering the code generated by your card reader

  1. You can now connect your Lloyds Bank commercial account(s) to Business Finance Assistant

Connect your Lloyds Bank Commercial account to Business Finance Assistant

You must connect a Lloyds Bank (Business or Commercial) account before you can connect accounts from other providers.

Please have your card and reader ready. You’ll need them to complete this process.

  1. Login to Business Finance Assistant

 

  1. Click ‘Connect Bank Account’ in the ‘Recent Transactions’ widget, or click ‘Bank Transactions’ in the left-hand menu, then select ‘Connect Bank Account’

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 Fig (viii) Connecting a Lloyds Bank business account(s) for the first time

 

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Fig (ix – 1) Connecting additional accounts or creating a statement account

 

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Fig (ix - 2) Connecting accounts from other providers

 

For the full list of providers supported by our software please refer to token.io/coverage and filter 'United Kingdom' from the list of countries.

Please do let us know if a provider you require is not currently supported.

  1. Enter your Lloyds Bank Commercial Banking Online username and select ‘Continue’

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Fig (x) Commercial Banking Online Username

  1. Enter your Lloyds Bank Commercial Banking Online password and select ‘Continue’
  2. Select the account(s) you wish to connect and select ‘Continue’

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Fig (xi) Commercial Banking Online account(s) selected for sharing

  1. Follow the on screen instructions using your card and reader. Then enter the 8 digit code displayed on your card reader, before clicking ‘Continue’

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Fig (xii) Enter the passcode from the card reader

  1. Business Finance Assistant will now import your transaction data for the previous 12 months. You can extend or define the transaction period later if you want. Click ‘Next’

  2. The selected account(s) will be added to Business Finance Assistant. This may take a few moments if you are importing multiple accounts or a large number of transactions. Please wait until the sync has completed. Do not click ‘Back’ in the browser or refresh the page

  3. Once complete, the ‘Bank Transactions’ page will load and your connected accounts and transactions will be listed

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