Completely digital
End-to-end online workflows - no paper, no postage - reducing time, risk, and environmental impact.
SME Bank Guarantee – Digital Issuance
Issue faster, keep cash free, and give beneficiaries instant confidence
SMEs don’t have time for couriers and paperwork. With MyGuarantee, you apply online, get transparency over approvals, and let beneficiaries verify authenticity instantly — same legal force, far less friction.
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 SMEs prefer digital
Faster outcomes
No couriers or branch visits. With onboarding complete, same-day outcomes are common. See same-day.
Less admin
One source of truth across issuance, amendments and release — no lost originals or version confusion. Compare digital vs paper.
Instant trust
Beneficiaries self-verify authenticity online. Share verification portal.
Commercial leases
Replace large cash bonds with a bank guarantee. Read lease use case.
Tenders & projects
Bid and move to contract quickly with on-demand wording. See tenders.
Supplier terms
Secure trade terms without tying up cash. Review types.
Checklist to move fast
- • Exact legal names & ABN/ACN for applicant and beneficiary
- • Amount, expiry, and any reduction milestones
- • Wording aligned to the lease/contract/tender pack
- • Identity and authority documents for signers
- • Funds ready for issuance
Follow this flow
- Apply online: Application
- Track approvals on the Platform
- Beneficiary verifies: Verify online
- Amend, reduce, or cancel in the same workspace
Frequently Asked Questions
Clear steps for SMEs issuing their first guarantee
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Who is this guide for?
Who is this guide for?
Australian small and medium enterprises (SMEs) that need a bank guarantee for leases, tenders, supplier terms, or equipment hire.
If you're short on time or haven’t issued a guarantee before, start here.
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Will landlords and larger principals accept a digital guarantee?
Will landlords and larger principals accept a digital guarantee?
Yes. Acceptance depends on wording and issuer, not on paper.
Share with them:
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How fast can an SME get a digital bank guarantee?
How fast can an SME get a digital bank guarantee?
With onboarding complete and documents ready, many SMEs see a same-day outcome.
Delays usually come from mismatched wording or missing IDs/financials.
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What documents do SMEs typically need?
What documents do SMEs typically need?
- ABN/ACN, exact legal names & addresses (applicant & beneficiary)
- Amount, expiry/reduction plan, reference to lease/contract/tender
- Identity checks for authorised officers
- Recent financial statements (where applicable)
- Agreed wording aligned to the lease/contract
Step-by-step: How to get a bank guarantee.
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What does it cost and who pays?
What does it cost and who pays?
Applicants typically pay the bank/platform fees; beneficiaries do not.
See bank guarantee fees, plus no application fee information.
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Can SMEs amend, reduce, or cancel later?
Can SMEs amend, reduce, or cancel later?
Yes. Digital guarantees support controlled amendments, reductions (e.g., post fit-out), and cancellation/release — all tracked with audit logs.
Learn about lifecycle: How it works.
Related: lease use case · tenders · contractors · fees · digital vs paper