Completely digital
End-to-end online workflows - no paper, no postage - reducing time, risk, and environmental impact.
Digital Bank Guarantees Australia
Same‑day issuance on behalf of AMP Bank — no paperwork, no branch visits, and no applicant fees
Choose MyGuarantee for digital bank guarantees Australia that issue the same day. We distribute on behalf of AMP Bank, with no paperwork or branch visits. Applicants pay no onboarding, application, or recurring fees.
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.
Immediate certainty for Australian contracts
Create, approve, and issue online in minutes. Track status, amendments, and expiries in real time. Instant notifications and verifiable delivery keep every stakeholder aligned.
Our platform provides a true digital guarantee, not a scanned letter. Each instrument carries a unique reference, enabling immediate authenticity checks by beneficiaries and auditors.
Assurance that meets local rules
We align with bank guarantee requirements Australia and standard industry wordings. Data stays in Australian regions. Identity checks and detailed logs support audits. If you’re asking what is a digital bank guarantee, it’s a regulated bank commitment delivered electronically.
We support common types of bank guarantees used here. Performance obligations, financial or payment commitments, and advance payments are covered. Variants include lease security, tender, and retention instruments.
From request to verified delivery
Start a request, select the amount and beneficiary, then route approvals. Once approved, AMP Bank issues, and we distribute instantly. Beneficiaries verify online using the unique reference.
For those wondering how does a bank guarantee work in Australia, the bank promises payment if obligations fail. Our digital approach removes delays and ambiguity while preserving rigorous controls.
We also address the risks of paper bank guarantees : loss, forgery, courier delays, and version confusion. Digital delivery removes these failure points, speeds amendments, and cuts waste from paper handling and transport.
Security you can demonstrate
Encryption protects data in transit and at rest. Role‑based access keeps responsibilities clear. SSO and least‑privilege policies align with enterprise standards. Every action is time‑stamped, attributed, and audit‑ready.
Who we help, every day
Landlords and tenants streamline lease security across portfolios. Builders accelerate mobilisation and variations. A bank guarantee for small business reduces cash tied in deposits and improves working capital. Government contractors and large corporates gain consistency at scale.
Answers for Australian decision-makers
Is it safe to have more than $250,000 in a bank account in Australia?
Australia’s Financial Claims Scheme protects up to $250,000 per account holder, per ADI. Amounts above that limit are not guaranteed. Diversifying across different ADIs can spread coverage.
Can we get a bank guarantee online?
Yes. MyGuarantee delivers full digital issuance on behalf of AMP Bank. Checks, approvals, issuance, and distribution happen in one platform with real‑time verification.
Are there any downsides to digital banks?
They rely on technology availability and strong identity controls. Poorly designed systems increase operational risk. Our model pairs bank‑grade controls with AMP Bank issuance, maintaining speed without compromising assurance.
How much money is protected in a bank account in Australia?
The same Financial Claims Scheme cap applies: $250,000 per account holder, per ADI. The cap is separate for each ADI, not each individual account.
Take the next step with certainty
Book a demo to modernise guarantee management, cut risk, and reduce costs. Experience same‑day issuance, instant verification, and complete transparency with MyGuarantee and AMP Bank.
For organisations comparing options for digital bank guarantees Australia, we provide proof, not promises. Move now and standardise secure workflows with digital bank guarantees Australia.
Book a demo today!