eGuarantee@Gov Programme

eGuarantee@Gov is a government-led initiative to digitise the issuance and submission of banker’s guarantees to government agencies, statutory boards and schools, to meet contractual or licensing requirements.

SMEs typically require an eGuarantee to meet government-related requirements in several common scenarios:

• Submitting bids for government tenders or contracts, where a security deposit or guarantee is often mandatory
• Entering into revenue-related or land-related contracts with government agencies
• Fulfilling licensing and compliance obligations where a guarantee is required

The main benefits of using an eGuarantee include a swift issuance process, typically completed within one working day¹. The entire procedure is seamless, as the eGuarantee can be lodged and discharged digitally on the Networked Trade Platform (NTP). In addition, businesses benefit from cost savings since there are no courier fees or expenses associated with storing physical paper guarantees.

¹Terms and Conditions apply. Subject to complete documentation received by the bank.

No, with an eGuarantee, there is no paper document to collect or deliver. The entire process is handled electronically, saving your business valuable time and eliminating delivery costs.

eGuarantee@Gov enables the issuance of guarantees for a variety of common government requirements, such as:

• Procurement of goods, services, or construction for government agencies and schools
• Revenue contracts
• Land sale tenders
• Licences or regulatory obligations that require a guarantee, such as:
  • Ministry of Manpower (MOM) – Employment Agency Licences, Security Bonds for Migrant Workers
  • Singapore Customs – Operating licensed warehouses or excise factories, and import/export of dutiable goods like alcohol or tobacco
  • Inland Revenue Authority of Singapore (IRAS) – GST registration requirements

The agency or school will let you know which eGuarantee template is needed. If you’re unsure, you may contact them directly to check on the template required for your situation.

For details on the latest eGuarantee formats, please refer to the eGuarantee@Gov website.

Please refer to eGuarantee@Gov website for the full list of participating agencies, and participating independent and government aided schools.

The following information is required for eGuarantee@Gov applications:

1. Applicant’s Unique Entity Number (UEN) or Identification No.
2. Case Reference Number (if any)
3. eGuarantee Template Reference
4. Purpose of eGuarantee

For auto-renewal eBGs, please provide the auto-extension period and final extension period.

Your eGuarantee can be issued and lodged within one working day.

You will receive a debit advice from UOB after the eGuarantee has been issued. You may check with the agency or school directly to know the status of acceptance.

For MOM Migrant Worker Bond cases, you may refer to WP Online on the MOM website.

Yes, you may issue eGuarantees with UOB using cash. The required (100%) cash collateral amount will be debited from your chosen UOB business or corporate current account and held as security throughout the guaranteed tenor (including claim period if any). The cash collateral amount will be returned upon discharge of the eGuarantee. Learn more about UOB Express Banker’s Guarantee.