Completely digital
End-to-end online workflows - no paper, no postage - reducing time, risk, and environmental impact.
Benefits of Digital Bank Guarantees
Faster, safer, and simpler — everything a modern business expects
Digital bank guarantees are transforming how Australian businesses secure leases and contracts. They eliminate paper, improve security, and deliver faster approvals with real-time visibility for all parties.
Our Network
Features and Benefits
MyGuarantee offers secure, cost-effective and sustainable digital bank guarantees through an efficient and responsive application process - delivering speed, transparency, accuracy and security.
Fast
Digital requests and confirmation with beneficiaries
Cash Secured
Cash secured with Perpetual and AMP
No Fees
No application fee and no recurring fees
Key Features
Everything you need to deliver a complete MyGuarantee experience.
Same-day processing
Once onboarding is complete, guarantees can be created, approved and activated in hours.
Secure against fraud
Bank-grade encryption, verification, and role-based access controls across every action.
Live tracking
Real-time status from application to issuance, amendments and cancellation.
Reporting
Customisable reports for audit and operations.
Real-time updates
Instant email and dashboard notifications on status changes and required actions.
Full transparency
Clear visibility over every step to build trust with applicants and beneficiaries.
Documents dashboard
Single place to view, manage and download digital guarantees and related files.
Visible audit trail
Immutable, time-stamped logs of changes and approvals - auditor-ready, always.
A digital bank guarantee offers the same legal protection as a paper one — but with better efficiency, speed, and transparency. MyGuarantee delivers these through a streamlined online platform backed by AMP Bank.
To understand the fundamentals, start with what is a bank guarantee or how it works in Australia.
1. Faster approvals
Applications are reviewed and approved online — often within hours once onboarding is complete. Learn more about same-day issuance.
2. 100% paperless
No couriers, no signatures, no risk of lost documents. The entire workflow — from creation to cancellation — happens securely online. Compare at digital vs paper bank guarantee.
3. Bank-grade security
Encryption, identity verification, and controlled access protect every transaction. See online banking security guarantee.
4. Instant verification
Beneficiaries validate authenticity online — no need for manual checks or branch confirmation. Try bank guarantee verification online.
5. Real-time visibility
Applicants, beneficiaries, and issuers can track every step. Audit-ready logs ensure transparency and governance.
6. Lower administrative cost
Reduce time, courier fees, and storage costs. Review pricing on bank guarantee fees and no application fee options.
Widely accepted and trusted
Digital bank guarantees are now accepted by major landlords, developers, and government bodies across Australia. The key is correct wording and a recognised issuer — covered in bank guarantee requirements in Australia.
Compare experiences from real users in digital bank guarantee reviews.
For SMEs
Faster onboarding and guided steps mean small businesses can compete on equal footing. Learn more at bank guarantee for small business.
For contractors
Digital guarantees simplify performance and payment security for builders, engineers, and suppliers. Explore bank guarantee for contractors.
Common questions
Are digital bank guarantees legally valid?
Yes. They are issued by licensed banks and carry the same legal force as paper instruments. Learn more at digital vs paper bank guarantee.
How fast can I get one?
Once onboarding is complete, most guarantees can be issued the same day. See same-day issuance.
Can beneficiaries verify them easily?
Yes — beneficiaries can check authenticity instantly via bank guarantee verification online.
Experience the benefits yourself
Join Australian businesses choosing digital for faster, safer, and paper-free guarantees. Apply or book a demo today.
Explore more topics: Digital vs Paper · types · Definition · How it works · Reviews · Where to get one · Small business guide