Commercial Lease Bank Guarantee
Used for leases, supplier accounts, and utilities—this guarantee replaces large cash deposits with a digital, bank-backed undertaking.
A Smarter, Digital Solution for Business Confidence
In today’s fast-moving business environment, landlords, suppliers, and partners all need assurance that financial commitments will be met. Traditionally, this has meant paper-based bank guarantees—slow, manual, and often cumbersome.
That’s where MyGuarantee steps in. Backed by AMP Bank, our 100% digital platform transforms the way Commercial Lease Bank Guarantees are issued and managed. No paperwork, no waiting in line—just speed, transparency, and confidence for everyone involved.
Why Choose a Commercial Lease Bank Guarantee?
A Commercial Lease Bank Guarantee gives beneficiaries—such as landlords or suppliers—the assurance that payment obligations will be met if the principal (the applicant) fails to deliver. Whether it’s securing a lease, guaranteeing supplier payments, or meeting contractual terms, this type of guarantee reduces risk and builds trust between parties.
The Digital Advantage with MyGuarantee
Unlike traditional guarantees, which rely heavily on physical documents and manual processes, MyGuarantee brings the entire process online:
- 100% Paperless – Create, amend, and release guarantees digitally, without chasing signatures or couriers.
- Flexible Expiry Options – Tailor expiry dates to your needs, or leave them open-ended for long-term arrangements.
- Instant Beneficiary Verification – Beneficiaries can verify guarantees on demand, cutting out unnecessary back-and-forth.
- Full Audit Trail – Every step is recorded, with notifications for both applicants and beneficiaries.
- Secure Access – Role-based permissions ensure the right people have the right access at the right time.
How It Works
- Register & Verify – Applicants register on the MyGuarantee platform, where we conduct due diligence checks.
- Create & Assign – Set up your Commercial Lease Bank Guarantee, nominate your beneficiary, and choose expiry terms.
- Beneficiary Approval – The beneficiary logs in to confirm and approve the guarantee.
- Settlement & Activation – Once funds are received, the guarantee goes live and is visible to both parties in real time.
- On-Demand Access – Both applicant and beneficiary can view the guarantee anytime, with no reliance on physical copies.
The Industry Benefits
- For landlords, confidence in tenant obligations without long delays.
- For suppliers, assured payment security in new or ongoing trade relationships.
- For business partners, reassurance that commitments are backed by a secure and verified system.
By moving guarantees into a fully digital environment, organisations gain speed, clarity, and reduced risk—while eliminating the inefficiencies of paper-based processes.
The Future of Guarantees is Digital
Commercial relationships thrive on trust. With MyGuarantee, that trust is underpinned by technology that ensures guarantees are not just legally binding, but also faster, safer, and more transparent than ever before.