Mobile banking : Lloyds customers can now transfer funds. Photograph : Lloyds TSB.
Lloyds TSB customers are now able to transfer money between their accounts via their mobile phones, the bank said today.
The service will also alert account holders when their credit or debit cards are used overseas. Lloyds already offers a service that alerts customers by text when their bank balance falls within 50 of their limit, or if they do not have enough money to cover a direct debit or standing order.