Reassure your buyers or sellers that payment obligations will be met. Banker’s Guarantee helps build trust to facilitate and secure transactions.
Banker’s Guarantee (BG)
An undertaking from DBS to pay your beneficiary if a claim is made in accordance with the terms of the guarantee. Commonly used for lease agreements, contract agreements, project tenders or government-related requirements.
Standby Letter of Credit (SBLC)
A form of payment commitment used in domestic and cross-border transactions, where payment is made upon presentation of the documents or demand specified in the SBLC. Commonly used to support trade, performance or financial obligations between buyers and sellers.
Strengthen business credibility with payment assurance
Give your business partners the confidence that payments and contractual obligations will be met, helping you secure deals and deepen business partnerships.
Quick issuance with cash — no extra setup needed
Need to move fast? You can issue a BG or SBLC against cash margin.
Leverage DBS’ strong credit rating
Enhance trust with your counterparties by offering a guarantee backed by DBS’ strong credit rating
Simple online application process
Skip the paperwork. Apply online through DBS IDEAL
Please refer to the Trade Pricing Guide.
With DBS IDEAL Trade Finance
Log in to DBS IDEAL. From the left menu, select ‘Trade Finance’, then click on ‘Issue new Banker’s Guarantee’. Refer to the Banker’s Guarantee Application Guide for a step-by-step overview.
Without DBS IDEAL Trade Finance
Apply for Trade Finance access using DBS IDEAL Online Maintenance Form to enjoy seamless application.
Alternatively, you can also submit your Trade Application Form at our Trade Document Counters or collection branches
