Online Banker’s Guarantee

Simplified application process when you submit online

Online Banker’s Guarantee

Simplified application process when you submit online

At a Glance

You can use a Banker’s Guarantee as a payment guarantee, bid bond, performance bond, or a financial guarantee. Apply online to enjoy these benefits:

Value for money DBS


Enjoy competitive rates and exclusive online offers

save time apply online

Save time

Skip the branch visit and apply online anytime, anywhere

fast issuance bankers guarantee DBS

Fast issuance

The Banker’s Guarantee will be issued when all documents received are in order

Features & Benefits

Types of Banker's Guarantees


Performance Guarantee

Finance Guarantee

Types of Banker’s Guarantees available


  • Payment Guarantee

  • Bid/Tenor Bond

  • Performance Bond

Issued for the purposes of:

  • obtaining credit facilities overseas

  • settling costs of proceedings

  • paying tax liabilities to IRAS.


Fixed Deposit or Cash* of the equivalent amount

will be used to secure the guarantee

Issuance (Direct)

1% p.a. up to 2 years

1.5% p.a. above 2 years

Min commission:

S$150 (BG-Standard format)

S$250 (BG-Non-Standard format)

2% p.a.

Min commission:

S$150 (BG-Standard format)

S$250 (BG-Non-Standard format)

Processing Fees

S$100 (if lodgement with ACRA is not required)

S$300 (if lodgement with ACRA is required)

*Applicable for new BG/SBLC issuances

OFFER: $100 OFF processing fee if you submit digitally via Online or IDEAL

Local Delivery Fees


Local Delivery Fees waived for all online applications.


Full details of the Trade Services fees and charges.

  • You need to be a Singapore-registered company (excluding sole-proprietorship or partnerships owned by a company)
  • If you have an existing Banker’s Guarantee credit facility with us, please login to DBS IDEAL here to apply
How to Apply

Step 1: Apply online in just 5 minutes.

You will need your Banker’s Guarantee (BG) format.

Step 2: Expect a call within 1 business day.

Our Relationship Manager will call you to verify your identity and application details.

Step 3: Prepare your documents.

A courier will pick up your documents free of charge.

Step 4: Your banker’s guarantee is ready.

Once all documents are in order, your BG will be processed and issued.

Electronic Banker’s Guarantee Programme with Singapore Customs
Enjoy more business efficiencies when you submit your banker’s guarantee online to Singapore Customs!


Learn More


Apply for Standby Letter of Credit (SBLC) now!