Completely digital
End-to-end online workflows - no paper, no postage - reducing time, risk, and environmental impact.
Setting Up Bank Guarantees Online Has Never Been Easier With MyGuarantee!
Same-day digital issuance on behalf of AMP Bank — no paperwork and no applicant fees
Setting up bank guarantees online is faster and safer with MyGuarantee. We issue on behalf of AMP Bank, delivering same-day issuance without paperwork. Applicants pay no onboarding, application, or recurring fees, keeping costs both low and predictable.
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 digital process works
When setting up bank guarantees online, create your account and verify ABN or ACN. Enter beneficiary details, specify purpose, amount, and expiry, then submit for assessment. Review the draft with all parties before confirmation and issuance. An electronic bank guarantee carries the same legal force as paper instruments.
Your online bank guarantee eliminates courier delays, manual handling, and signature mismatches. Amendments and cancellations occur online with audit logs and verified approvals.
Security you can trust
Security is bank grade, with encryption at rest and in transit. Role-based access controls restrict actions to authorised users and approvers. Controls align with an online banking security guarantee to support governance and compliance.
Why leave paper behind
Paper processes create delays and exposure, including the risks of paper bank guarantees. Documents can be lost or altered, causing disputes and missed deadlines. Digital delivery reduces fraud, accelerates settlements, and removes courier costs and waste.
MyGuarantee delivers predictable turnaround with a same-day digital bank guarantee Australia service model. No branch visits are required, and approvals move swiftly through clear workflows. Your team gains visibility, while beneficiaries receive secure, immediate access to instruments.
Pricing and platform benefits
As a digital bank guarantee Australia platform, we combine certainty with modern convenience. Applicants are fee free, with transparent pricing and no hidden charges. One portal centralises creation, approvals, issuance, storage, and lifecycle actions.
When setting up a bank guarantee online, our specialists guide documentation and beneficiary expectations. Real-time tracking and audit logs simplify compliance and reduce back-and-forth. Paperless workflows also support sustainability targets and corporate reporting.
Manage multiple entities, sites, and beneficiaries within one account. Templates standardise terms and reduce review cycles across portfolios. Exports, reporting, and API options streamline oversight for finance, legal, and property teams. Real-time status eliminates follow ups and clarifies responsibilities at every step.
Common questions
Many clients ask, how does a bank guarantee work in Australia? A bank promises to pay the beneficiary if obligations are unmet, within specified limits. Clear terms and trusted issuance reduce ambiguity and speed commercial outcomes.
Can we make a bank guarantee online?
Yes, you can complete application, review, approval, and issuance entirely online with MyGuarantee. We routinely issue same day, subject to standard assessments.
What are the three types of bank guarantees?
The common categories are Commercial Lease, Performance, and Payment bank guarantees. Each addresses different risks and is calibrated to contract and beneficiary needs.
How to prepare a bank guarantee?
Confirm obligation, amount, and expiry; gather business and beneficiary details; and nominate authorised signatories. Validate names and addresses precisely, then review the draft carefully before approval.
How do you obtain a bank guarantee?
Apply through MyGuarantee, complete assessments, receive a draft, confirm details, and receive digital issuance. Our process is transparent, efficient, and supported by dedicated specialists.
Get started
Choose MyGuarantee for secure workflows, transparent tracking, and cost certainty. We combine bank-backed assurance with speed, sustainability, and outstanding support. Protect your next contract by setting up a bank guarantee online with confidence.
Book a demo today!