You can use our Bank Guarantee to secure a contract, buy a property, place a commercial bond on a lease, or assist with other transactions that require a cash deposit - all without the need to withdraw cash.
effective 4 June 2020
- Fees: annual fee of 1.5% of the guarantee amount
- Security: registered first mortgage on residential real estate or fixed term deposit equivalent to the amount of the guarantee
- Use as a commercial bond on your lease or commercial contract