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More Savings, Less Hassle

With the Electronic Banker’s Guarantee Programme

More Savings, Less Hassle

With the Electronic Banker’s Guarantee Programme

 

Enjoy cost savings and more efficiency when you submit your banker’s guarantee to Singapore Customs!

DBS is a participating bank to Singapore Custom's Electronic Banker's Guarantee Programme (EBGP), where we will help to submit your banker's guarantee (BG) data electronically through Singapore's Networked Trade Platform (NTP) – so that you can skip the branch, leading to a faster BG application process. 

Benefits

Attractive cost savings

Paperless and contacless

Quick turnaround time

Easy, efficient, integrated

How does this work?

How to Participate?

1. Submit your BG application to DBS

  • Download, fill up and submit your SMARTFORM, or
  • Login to DBS IDEAL to submit your BG application online

2. While filling up your application:

  • Ensure that you state "Director-General of Customs/Deputy Comptroller of Goods and Services Tax" as the beneficiary.
  • Specify "EBG" in the "special instructions" fields in your applications (this is a required field).
  • Request for DBS to submit the BG directly to the beneficiary (under the “Delivery Instructions”) in your application.

3. Agree to DBS Banker’s Guarantee Terms and Conditions

Take advantage of this programme today!

No BG facility? Not a DBS IDEAL user yet?
Apply for an online BG Sign up for DBS IDEAL
and enjoy $100 off processing fees! and enjoy more digital perks!

 

Terms and Conditions

By submitting a banker’s guarantee application, each Customer confirms that it is lawfully providing the data for the Bank to use and disclose for the purpose of: (i) providing products or services to that Customer; (ii) meeting the operational, administrative and risk management requirements of DBS Group Holdings Ltd. And its related corporations ("DBS Group"); and (iii) complying with any requirement, as DBS Group reasonably deemed necessary, under any law of any court, government authority or regulator.

These terms and conditions are governed by, and shall be construed in accordance with, the laws of Singapore.