Completely digital
End-to-end online workflows - no paper, no postage - reducing time, risk, and environmental impact.
Digital Bank Guarantee for Lease
Start the lease sooner — with a secure, verifiable, paperless guarantee
Ditch courier delays and lost originals. A digital lease bank guarantee gives landlords instant verification and tenants a simpler way to issue, amend, reduce and release — all in one secure workspace.
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.
Why digital works better for leases
Paper guarantees slow commencements and create disputes at claim time. Digital guarantees remove couriers and manual checks — beneficiaries can verify authenticity online, and both parties get a single source of truth.
New to guarantees? Start with how a bank guarantee works in Australia.
Benefits for landlords
- • Instant authenticity checks — fewer disputes
- • Single, authoritative version after amendments
- • Clear audit trail for claims and releases
- • Faster tenant move-in
Benefits for tenants
- • No cash deposit tied up — protect working capital
- • Same-day outcomes once onboarded
- • Digital reductions after fit-out or milestones
- • Centralised management across multiple sites
Get the wording right first time
Correct legal names (ABN/ACN), addresses, governing law, on-demand phrasing, amount and expiry are critical for acceptance. Use our landlord template and review requirements in Australia.
Prepare
- • Lease reference, amount and expiry/reduction plan
- • Exact legal names & ABN/ACN (tenant & landlord)
- • Agreed wording and governing law
- • Financial statements and identity documents
Issue & manage
- Apply online: Application
- Track status in the platform
- Landlord verifies: Verify online
- Reduce or release when milestones are met
Frequently Asked Questions
Landlord–tenant clarity, without the paper chase
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What is a commercial lease bank guarantee?
What is a commercial lease bank guarantee?
A lease bank guarantee is a bank’s promise to pay the landlord (beneficiary) if the tenant (applicant) defaults on the lease.
It typically equals 3–6 months’ rent and replaces a large cash deposit, protecting working capital.
Basics: what is a bank guarantee.
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Will landlords accept a fully digital guarantee?
Will landlords accept a fully digital guarantee?
Yes. Acceptance depends on the wording and issuing bank, not on paper.
Share with your landlord:
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How fast can a lease guarantee be issued?
How fast can a lease guarantee be issued?
With onboarding complete, documents ready and wording agreed, digital issuance can complete the same business day.
Prep checklist: same-day guide.
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What wording do landlords expect?
What wording do landlords expect?
Align with the lease: correct parties (legal names, ABN/ACN), addresses, governing law, on-demand phrasing, amount, and expiry or release conditions.
Helpful pattern: landlord wording template.
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How are reductions and release handled?
How are reductions and release handled?
Digital guarantees support controlled reductions (e.g., after fit-out or milestones) and streamlined release/cancellation from the same workspace.
Everyone sees a single, timestamped history—no version confusion.
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What does it cost and who pays?
What does it cost and who pays?
Applicants typically pay bank and platform fees; landlords do not. Costs vary by amount and term.
See: bank guarantee fees and no application fee.
Related: lease overview · where to get a bank guarantee · fees · digital vs paper · requirements