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The Independent UK
The Independent UK
Vicky Shaw

Lloyds becomes UK’s first bank to introduce £300 rule from end of this month

Lloyds customers will soon be able to use a new app feature to deposit coins and banknotes into their account at the same time as dropping off a parcel or picking up a pint of milk in stores.

The feature uses a barcode, enabling people to deposit up to £300 per day in notes and coins, up to a maximum of £600 a month.

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