- Trade
- Banker’s Guarantee/SBLC
- Online Banker’s Guarantee
Online Banker’s Guarantee
Get your migrant worker security bonds via DBS Banker’s Guarantee
from now till 30 April 2024 and be rewarded with 20% off
our customisable Select+ Package Insurance*!
- Trade
- Banker’s Guarantee/SBLC
- Online Banker’s Guarantee
Online Banker’s Guarantee
Get your migrant worker security bonds via DBS Banker’s Guarantee
from now till 30 April 2024 and be rewarded with 20% off
our customisable Select+ Package Insurance*!
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
Enjoy competitive rates and exclusive online offers
Save time
Skip the branch visit and apply online anytime, anywhere
Fast issuance
The Banker’s Guarantee will be issued when all documents received are in order
| Performance Guarantee | Finance Guarantee |
Types of Banker’s Guarantees available | Including:
| Issued for the purposes of:
|
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) *OFFER: $100 OFF processing fee if you submit digitally via IDEAL | |
Local Courier Fees | Free! Local Courier Fees waived for all applications submitted via IDEAL. |
Full details of the Trade Services fees and charges.
Limited Time Promotion
Secure your migrant worker security bonds via DBS Banker’s Guarantee and be rewarded with 20% off a customisable Select+ Package Insurance or a Directors & Officers (D&O) Liability Insurance*!
*Terms and Conditions apply. Select+ Package Insurance promotion valid from now till 30 June 2024. Directors & Officers (D&O) Liability Insurance promotion valid from now till 31 July 2024.
Sign up for BG & Select+ Insurance
Sign up for BG & D&O Insurance
- You need to be a Singapore-registered company
With access to Trade Finance
in DBS IDEAL?
Without access to Trade Finance
in DBS IDEAL?
Step 1: Apply online in just 5 minutes.
Step 2: Expect a call within 1-2 business days.
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.
Step 4: Your banker’s guarantee is ready.
Once all documents are in order, your BG will be processed and issued.
Learn More
Apply for Standby Letter of Credit (SBLC) now!
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