Completely digital
End-to-end online workflows - no paper, no postage - reducing time, risk, and environmental impact.
Why digital bank guarantees online are transforming assurance
Same‑day, paperless issuance with bank‑grade security and zero applicant fees
Choosing a digital bank guarantee online lets businesses secure obligations quickly and safely with MyGuarantee. We issue on behalf of AMP Bank, provide same‑day processing without paperwork, and keep applicants fee free, with no onboarding, application, or recurring charges. Digital bank guarantees online remove courier delays, branch visits, and manual errors. Your documents live in one secure portal with real‑time status. Beneficiaries receive verified access instantly, reducing disputes and accelerating contract kick off across leases, projects, and supply agreements.
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.
How the process works end to end
Create your account, verify ABN or ACN, and enter beneficiary details. Specify amount, purpose, and expiry, then submit for assessment. A draft is shared for review and approval. On confirmation, issuance occurs digitally with complete audit logs.
If you are wondering how to get a bank guarantee, the answer is straightforward. Prepare accurate entity information, confirm contract terms, and nominate authorised approvers. MyGuarantee coordinates checks and delivers final documents rapidly, keeping both parties informed at each step.
With a digital bank guarantee online, amendments and cancellations happen inside the platform. You gain version control, traceability, and instant notifications. That means fewer emails, cleaner governance, and faster commercial outcomes for landlords, contractors, and procurement teams.
Security, compliance, and control
Security is bank grade, with encryption at rest and in transit. Role‑based access limits actions to authorised users. Our controls align to an online banking security guarantee, supporting internal policies, audits, and regulator expectations for data protection and integrity.
MyGuarantee operates within an electronic bank guarantee scheme designed to minimise fraud exposure. Immutable, time‑stamped logs create a reliable record of who did what and when. That transparency builds trust between applicants and beneficiaries, while simplifying dispute resolution.
Speed, cost, and sustainability
Same‑day processing is routine once onboarding is complete. You avoid couriers, branch queues, and paper handling. Online bank guarantee issuance reduces administrative overheads, while digital storage trims retrieval time and prevents loss, forgery, or accidental misfiling of critical instruments.
Our platform is fully paperless and optimised for remote teams. Real‑time updates, dashboards, and reporting tools streamline portfolio oversight. You can monitor approvals, expiries, and obligations from anywhere, improving planning and cash management across projects and sites.
Built for SMEs and enterprises
MyGuarantee supports every scale, from a bank guarantee for small business to complex corporate programmes. Templates standardise terms, while approval workflows reflect your governance model. A digital bank guarantee online / digital issuance helps SME owners preserve working capital and move quickly without operational drag. To read more on SME bank guarantee digital issuance, check out the link.
We also support larger organisations that require consistent controls across many beneficiaries. Bulk visibility, portfolio reporting, and centralised documents help finance, legal, and property teams collaborate efficiently. One system reduces risk and shortens cycle times across departments.
Why choose MyGuarantee
We issue on behalf of AMP Bank and deliver predictable, same‑day outcomes. Applicants pay no hidden fees, keeping total cost transparent. Live tracking, instant notifications, and searchable records keep stakeholders aligned. Sustainability improves through paperless workflows and reduced transport reliance.
For many teams, online bank guarantees are now the default. The benefits are measurable. Faster approvals, fewer errors, lower costs, and stronger security combine to elevate confidence for both applicants and beneficiaries, from first draft to final release.
Frequently asked questions
Can we make a bank guarantee online?
Yes. MyGuarantee enables application, review, approval, and issuance entirely online. We handle checks, share drafts for sign off, then issue digitally the same day in most cases, keeping every action tracked and auditable.
Are there any downsides to digital banks?
Digital providers vary in features and support. MyGuarantee addresses concerns with bank‑grade security, verified identities, and human assistance. We combine automation with expert help to ensure reliability, clarity, and continuity for critical transactions.
What is the $250000 bank guarantee in Australia?
The $250,000 figure relates to the Government’s Financial Claims Scheme for deposits with ADIs. It protects eligible deposits, not performance or lease guarantees. Bank guarantees remain contractual instruments governed by agreed terms between parties.
What are the three types of bank guarantees?
Common categories include Commercial Lease, Performance, and Payment guarantees. Each aligns to a specific risk, beneficiary expectation, and trigger. MyGuarantee configures wording to match your contract, then coordinates swift review and approval with all stakeholders.
Get started today
Secure your next agreement with a digital bank guarantee online from MyGuarantee. Enjoy speed, transparency, and strong controls in one portal. With digital bank guarantees online, you reduce risk and cost while improving confidence for every party involved.
Book a demo today!