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Lloyds Bank has issued an update for customers after a £300 rule kicked in this month. The major high street bank, which has branches in Birmingham , spoke out over the new £300 limit for PayPoint customers.

A new lloyds Bank app feature gives customers a new secure way to pay in cash at over 30,000 PayPoint locations, using new ‘barcode cash deposit’ . The feature gives customers a simple and convenient way to pay in up to £300 a day in notes and coins

On Monday, October 6, Lloyds bosses announced that customers have paid in over £3 million using the barcode cash deposit feature at local PayPoint locations since its launch in August.

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Gabby Collins, Payments Director at Lloyds, said: "W

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