E-Services
eGuarantee@Gov
What is eGuarantee?
eGuarantee@Gov is a government-led electronic guarantee initiative to digitalise the issuance and discharge of guarantees and insurance bonds provided to government agencies and statutory boards (beneficiaries).
Sing Investments & Finance Limited (“SingFinance”) is one of the participating financial institutions of eGuarantee@Gov. You can now apply for a Finance Company Guarantee with us via www.eguarantee.gov.sg.
Play Video
Benefits
Swift
With eGuarantee@Gov, businesses and individuals can easily apply for a digital guarantee to government agencies for their contractual or licensing obligations.
Seamless & Secure
Businesses and individuals no longer need to deliver paper guarantees to government agencies. Guarantees will be issued to government agencies securely and electronically by the Financial Institutions through Singapore Customs’ Networked Trade Platform (NTP).
Savings
In addition to time savings, businesses and individuals get to enjoy cost savings as there is no need for courier charges, printing, and physical storage costs.
How to apply
Businesses and individuals can apply for an eGuarantee to government agencies.
1) First retrieve the following information from the agency you are working with:
- Guarantee Template Reference Code
- Case Reference Number
- Guarantee Sum
- Other Relevant information
2) Next, go to www.eguarantee.gov.sg and choose Sing Investments & Finance Limited as your preferred eGuarantee financial institution.
3) Finally, provide the following to us via your relationship manager or through enquiries@singfinance.com.sg:
- Case Reference Number
- A copy of the Template or the Template Reference Code (which is available at www.eguarantee.gov.sg);
- Letter from Beneficiary (if available);
- Signed copy of SingFinance’s Individual Other Loan or Company Other Loan Application Form (available here);
- Details of collateral to be provided;
- For auto-renewal guarantees, please provide the auto-extension period and the final extension period (in days).