In August 2025, Lloyds Bank launched a new feature that lets customers deposit cash at thousands of local shops using a barcode generated in the mobile app. The move is part of a broader effort to keep cash accessible as bank branches close across the UK. With daily and monthly limits in place, the service is designed for everyday use rather than large deposits.
The feature relies on a partnership with PayPoint, the payment network already present in many convenience stores and newsagents. Customers no longer need to find a branch or a dedicated deposit machine for small cash sums. Instead, they can walk into any of over 30,000 PayPoint locations, show a barcode on their phone, and hand over notes and coins. The money typically appears in the account within minutes.
Lloyds Bank says the new barcode cash deposit offers a secure, quick alternative for people who rely on cash. It also complements existing options such as branch counters, self-service machines, and Post Office counter deposits. The launch follows regulatory pressure from the Financial Conduct Authority to protect access to cash.
What is the new Lloyds Bank cash deposit feature?
The feature is a mobile-first way to deposit cash at any UK PayPoint store. You generate a unique barcode inside the Lloyds app, take it to a PayPoint checkout, and the retailer scans the code while counting your cash. No debit card is needed for this method. For detailed instructions, see the Lloyds Bank barcode cash deposit feature limits and step-by-step guide.
What is it?
A new feature enabling Lloyds customers to deposit cash at any UK PayPoint store using a barcode generated in the Lloyds mobile app.
How does it work?
Open the app, select deposit, generate a barcode, show it at a PayPoint checkout, hand over cash. The money is credited instantly.
What are the limits?
Up to £300 per day and £600 per month in notes and coins per customer.
Where can I use it?
At over 30,000 PayPoint locations across the UK. Not all Post Offices (only those with PayPoint terminals).
Key insights
- Lloyds is extending its cash deposit network significantly (30,000+ locations) without opening new branches.
- The £300 daily limit is designed to encourage regular, smaller deposits rather than bulk cash handling.
- This feature targets unbanked or underbanked segments who rely on cash and need convenient deposit options.
- The mobile-first barcode approach reduces friction and eliminates the need for a physical card to deposit cash.
- Over 94% of PayPoint sites are open seven days a week, according to Lloyds.
- The barcode is valid for two hours after creation, adding a layer of security.
Snapshot facts
| Detail | Information |
|---|---|
| Feature Name | PayPoint Barcode Cash Deposit |
| Launch Date | 19 August 2025 |
| Daily Limit | £300 |
| Monthly Limit | £600 |
| Locations Available | 30,000+ PayPoint stores (UK-wide) |
| Fees | Not specifically disclosed (no fee reported at launch) |
| Availability | Lloyds Bank personal current account customers using the Lloyds mobile app |
| Alternative Methods | Branch counter, Lloyds deposit machines, Post Office counter (limited) |
Where can I deposit cash with Lloyds Bank?
The new barcode deposit is available at any PayPoint location in the UK. PayPoint terminals are found in convenience stores, newsagents, supermarkets, and some Post Offices. Customers can find their nearest PayPoint store using the Lloyds app or the PayPoint store locator.
Can I deposit cash at the Post Office with Lloyds Bank?
Yes, but only at Post Offices that have a PayPoint terminal. Not all Post Office counters support the barcode deposit. For traditional Post Office counter deposits, Lloyds still offers the standard service where you can pay in cash using a paying-in slip or debit card, though limits and hours may differ.
Where can I find a Lloyds Bank cash deposit machine near me?
Lloyds operates its own deposit machines in many branches. These accept cash and cheques without a paying-in slip. Branch hours vary, and many machines are available only during opening times. The PayPoint barcode feature extends your options far beyond branch hours, as 94% of PayPoint sites are open seven days a week.
The barcode cash deposit is not available at every Post Office counter. Only those with PayPoint terminals can scan the barcode. If you need to deposit cash at a Post Office without a PayPoint terminal, you can still use the counter service with a deposit slip or debit card.
Can I still deposit cash in a Lloyds branch?
Yes. Branch counters and self-service machines remain available for cash deposits. The new feature is an addition, not a replacement. However, branch hours have been reduced in many locations, and some towns no longer have a Lloyds branch. The PayPoint network fills that gap.
What are the new Lloyds Bank cash deposit limits?
The barcode deposit feature comes with clear transaction caps. The daily limit is £300 in notes and coins, and the monthly limit is £600 per account. These limits apply per customer, not per visit. The barcode itself is valid for two hours from generation. The official Lloyds and PayPoint super-charge customer choice for cash deposits announcement provides further details.
Daily limit: £300
This limit covers both notes and coins combined. If you deposit £200 in notes and £100 in coins, you have reached the daily maximum. The limit is per customer, not per account, meaning if you hold multiple Lloyds current accounts, the total across accounts is capped at £300 per day.
Monthly limit: £600
The monthly limit resets on a calendar month basis. It is per account, so customers with more than one current account can deposit up to £600 into each account separately. There is no stated minimum deposit amount.
Lloyds also offers a PayPoint deposit option using a debit card and PIN. That method allows up to £300 per transaction, with a monthly limit of £2,995 and an annual limit of £20,000. The barcode feature has lower caps (£300 daily / £600 monthly) but does not require a card.
How much does it cost to deposit cash at PayPoint with Lloyds?
Lloyds has not announced any fees for using the barcode deposit at PayPoint. It is assumed to be free for personal current account customers, as no charge was mentioned in the launch materials. For comparison, branch deposits are also free.
Does this new Lloyds feature apply to Halifax or other accounts?
As of the latest reports, the barcode deposit feature is specifically for Lloyds Bank personal current accounts. Halifax and Bank of Scotland, which are also part of Lloyds Banking Group, have not confirmed similar functionality. Customers of those banks cannot use the Lloyds app barcode at PayPoint.
Industry analysts speculate that the barcode deposit system could eventually roll out to Halifax and Bank of Scotland, given the shared technology platform. However, no official timeline or announcement has been made.
The feature also appears to be limited to personal accounts. Business account holders cannot currently use the barcode deposit method, though they can still use the debit card deposit option at PayPoint.
What changed with Lloyds cash deposit limits in 2025?
The launch of the barcode feature in August 2025 introduced a new deposit channel with its own limits. Previously, Lloyds customers could deposit cash at branches and Post Office counters without the £300 daily cap. The barcode deposit is the first mobile-led cash deposit option from Lloyds.
- – Lloyds Bank announces partnership with PayPoint to launch new barcode-based cash deposit feature.
- – Feature rolls out to all Lloyds personal current account customers.
- – Wider media coverage confirms limits (£300/day, £600/month) and clarifies that it works at PayPoint terminals, not all Post Offices.
How secure is the new Lloyds cash deposit feature?
Lloyds describes the barcode deposit as a secure way to pay in cash. The barcode is generated inside the secure Lloyds mobile app, is unique to each transaction, and expires after two hours. The deposit is processed through PayPoint’s trusted network of retailers. No sensitive account details are shared with the shop assistant.
Established information
- Lloyds Bank has a new cash deposit feature using PayPoint (confirmed via official press release).
- The limit is £300 per day and £600 per month (from press release and news article).
- The feature requires the Lloyds mobile app to generate a barcode.
- Over 30,000 PayPoint locations are included.
- The barcode is valid for two hours.
Information that remains unclear
- Whether Halifax or Bank of Scotland customers can use this feature (unconfirmed, likely not at launch).
- If there are any fees for PayPoint deposits (officially not stated).
- The exact expiration time of the barcode (e.g., 15 minutes, 1 hour) – confirmed as two hours.
- Whether notes and coins are treated equally or if there are sub-limits (e.g., max £200 in coins).
- If the feature is available to business accounts or only personal accounts.
Why did Lloyds partner with PayPoint?
Lloyds Bank, like many traditional UK banks, has been closing branches and investing in digital and alternative access points. Partnering with PayPoint – which already plays a major role in bill payments and prepaid services – allows Lloyds to maintain a robust cash infrastructure without the cost of physical branches. This move aligns with regulatory pressure from the Financial Conduct Authority to protect access to cash. The barcode system is a mobile-first innovation that standardises the deposit process across thousands of independent retailers.
The FCA has published guidelines requiring banks to assess cash access needs in communities. Lloyds’ PayPoint partnership is one response to that regulatory framework. The network covers areas where branches have closed, particularly in smaller towns and rural locations.
What have Lloyds and media said about the new deposit feature?
The official launch was announced via a press release from Lloyds Banking Group on 19 August 2025. Media outlets such as the Manchester Evening News covered the story in more practical detail.
“New app feature gives customers a new secure way to pay in cash at over 30,000 PayPoint locations, using new ‘barcode cash deposit’.”
– Lloyds Banking Group Press Release, 19 August 2025
“Customers now have the capacity to deposit up to £300 per day in notes and coins, with a monthly limit of £600.”
– Manchester Evening News, 17 November 2025
“Deposit Cash at a PayPoint Store. Your local way to deposit notes and coins using the app or your debit card.”
– Lloyds Bank Official Site
What should I know about the Lloyds cash deposit feature?
The Lloyds PayPoint barcode deposit is a convenient, no-fee way to deposit up to £300 per day and £600 per month in cash at over 30,000 UK locations. It works through the Lloyds mobile app, the barcode expires after two hours, and the money appears in your account within minutes. For larger deposits, the branch or debit card method at PayPoint offers higher limits. Halifax and business accounts are not yet supported.
Frequently Asked Questions
How do I generate a barcode for cash deposit in the Lloyds app?
Open the Lloyds mobile app, log in, select the account you want to deposit into, tap the three-dot menu, choose ‘Deposit cash’, enter the amount, and the app generates a unique barcode. Show it at a PayPoint counter.
Does this new Lloyds feature apply to Halifax accounts?
As of the latest reports, this feature is specifically for Lloyds Bank personal current accounts. It has not been confirmed for Halifax or Bank of Scotland accounts.
Can I still deposit cash in a Lloyds branch?
Yes, you can still deposit cash in a Lloyds branch at the counter or using a self-service deposit machine, though hours may vary.
How much does it cost to deposit cash at PayPoint with Lloyds?
Lloyds has not announced any fees for using PayPoint deposits. It is assumed to be free for standard current account customers.
Is the new Lloyds cash deposit feature secure?
Yes. The barcode is generated within the secure Lloyds mobile app, is unique to the transaction, and the deposit is processed through PayPoint’s trusted network.
What is the difference between the barcode deposit and the debit card deposit at PayPoint?
The barcode method uses the app and has a £300 daily / £600 monthly limit. The debit card method (using PIN) allows up to £300 per transaction, £2,995 per month, and £20,000 per year.
Can I deposit coins using the barcode feature?
Yes, the daily limit of £300 applies to notes and coins combined. There is no separate sub-limit for coins reported.
How long does the money take to appear in my account?
Lloyds says the money should appear within minutes, and always within two hours of the deposit.
What happens if my barcode expires before I reach the shop?
The barcode is valid for two hours. If it expires, you can generate a new one in the app with the same or a different amount.
Is the feature available for business accounts?
As of now, the barcode deposit is for personal current accounts only. Business account holders can still use the debit card deposit option at PayPoint.
Links
For official details and step-by-step instructions, see the Lloyds Bank barcode cash deposit feature limits and step-by-step guide.
The original announcement is available via Lloyds and PayPoint super-charge customer choice for cash deposits.
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