Online Banker’s Guarantee

Banker's Guarantee | DBS SME Bank

Simplified application process when you submit online

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:

Enjoy competitive rates and exclusive online offers

Skip the branch visit and apply online anytime, anywhere

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	Including: 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.
Collateral	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	Free! Local Delivery Fees waived for all online applications.

Eligibility

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