Banker’s Guarantee
Banker’s Guarantee
Guarantees are issued by Financial Institutions as an undertaking that the individual will fulfil their licensing obligations. They can be in the form of a banker’s guarantee, insurer’s guarantee or insurer’s bond.
The licensee of following types of dogs is required to take up a guarantee/bond:
- Specified dogs.
- Any dog assessed by AVS to be aggressive and/or potentially dangerous.
Type of breed | Banker's Guarantee amount |
Dog of a breed listed in Part II in the list of Specified dogs | S$2,000 |
Dog of a breed listed in Part I in the list of Specified dogs | S$5,000 |
The banker’s guarantee/bond must be submitted to AVS within 4 weeks of the dog licence application or within 4 weeks from the arrival of the dog in Singapore, whichever is later, and subsequently during the dog licence renewal.
The banker’s guarantee should be valid through the period of the dog licence and renewed upon expiry. For multi-year dog licences, you should synchronise the banker’s guarantee expiry date with that of the dog licence.
eGuarantee@Gov
eGuarantee@Gov is an initiative to digitise the paper-form guarantees process to enable you, financial institutions (FIs) and Government agencies to reap time and cost savings.Benefits of applying for an eGuarantee
- Swift: By purchasing an eGuarantee via eGuarantee@Gov, you can enjoy a faster lodgement process from 5 – 7 working days to within 1 working day (provided that all required information is correct).
- Seamless: The eGuarantee will be lodged digitally between FIs and government agencies via the Networked Trade Platform.
- Savings: You will enjoy cost savings as there is no longer a need to collect the paper guarantees from FIs and submit a copy to AVS.
Applying for an eGuarantee
Visit https://www.eguarantee.gov.sg to purchase the eGuarantee from over 20 participating FIs.
For dog licensing, choose the template “Security Deposit Guarantee to be furnished pursuant to Animals and Birds (Dog Licensing and Control) Rules” for the National Parks Board.
Provide the necessary information in the table below to your FI for the application of the eGuarantee.
For dog licensing, choose the template “Security Deposit Guarantee to be furnished pursuant to Animals and Birds (Dog Licensing and Control) Rules” for the National Parks Board.
Provide the necessary information in the table below to your FI for the application of the eGuarantee.
The eGuarantee should be valid through the period of the dog licence and renewed upon expiry. For multi-year dog licences, you should synchronise the eGuarantee’s expiry date with that of the dog licence.
Information required to apply for the Security Deposit Guarantee to be furnished pursuant to Animals and Birds (Dog Licensing and Control) Rules
No. | Field | Value/Description |
1 | Guarantee Template Reference Code | NPARKS_SBL |
2 | Case Reference no. | Please indicate the Dog Licence no. If your Dog Licence no. has changed, please indicate the new licence number.
e.g. DP123456A |
3 | Beneficiary Name | National Parks Board |
4 | Applicant Name | Please indicate the official name in NRIC/FIN/Passport used to apply for the dog licence |
5 | Applicant reference no. | Please indicate the NRIC/FIN/Passport no. used to apply for the dog licence |
6 | Currency code | SGD |
7 | Guaranteed Sum | Please indicate the appropriate amount in SGD: a. $2,000 for Part II Specified dog, b. $5,000 for Part I Specified dog, or c. As specified in the Directive issued by the Director-General, Animal Health and Welfare |
8 | Guarantee Effective Date | This refers to the date upon which the Guarantee will take effect. Format: DD/MM/YYYY |
9 | Guarantee Expiry Date |
This refers to the date upon which the Guarantee is no longer in effect. For multi-year dog licence, it should synchronise with the expiry date of the dog licence. Format: DD/MM/YYYY |
Find out more at https://www.eguarantee.gov.sg.
Paper Guarantee
A copy of the banker’s guarantee/bond must be submitted online via PALS, within 4 weeks of the dog licence application or within 4 weeks from the arrival of the dog in Singapore, whichever is later, and subsequently during the dog licence renewal.
The banker’s guarantee should be valid through the period of the dog licence and renewed upon expiry. For multi-year dog licences, you should synchronise the banker’s guarantee expiry date with that of the dog licence.
You can approach any local bank or seek assistance from an insurance company providing administrative services to process the guarantee.
Download the template for a banker’s guarantee here to provide to the local bank or the insurance company processing the paper guarantee.