Features & Benefits

Fast Approval
Easy Application

Why CIMB Quick Guarantee?

With our simplified and efficient approval process of our Bank Guarantee (BG) product, get your BG issued against 100% cash instantly.

Enjoy a hassle-free documentation process and secure your adhoc BG requests with us by simply submitting a single application form.


  • Business must be registered in Singapore.
  • Hold a CIMB Bank Current Account
  • A first party to the application

How to apply

Step 1

For Existing Customers, complete the application form here


For New Customers, create an Account with us here

Step 2

Submit the completed application form to us via email or to our Branch at: 


CIMB Bank Berhad

30 Raffles Place

#04-01 Singapore 048622 

(Attn: Trade Service Department)

Step 3

Collect your Quick Guarantee in less than 48 hours!*

*Terms and Conditions apply.

Frequently Asked Questions


1. What is CIMB Quick Guarantee?

CIMB Quick Guarantee is a simplified version of our Bank Guarantee (BG) product to accommodate adhoc requests of BG through an efficient process. The key requirements are 100% cash and a single application form. Credit application is not required.


2. What is the turnaround time from application to issuance?

In less than 3 working days after your submission of necessary documents, provided your application is in order.


3. Do I require a BG facility to apply?

No. The BG will be issued against 100% cash margin.


4. What currency can I use for my cash margin?

USD and SGD.


5. Do I earn any interest from the cash margin?



6. What are the relevant fees and charges?

Please refer to the Standard Trade Finance Tariff


7.What are the types of Bank Guarantees I can apply for?

Please refer to the common types of Bank Guarantees.

Important Notices and Disclaimers


Deposit Insurance Scheme


Singapore dollar deposits of non-bank depositors and monies and deposits denominated in Singapore dollars under the Supplementary Retirement Scheme are insured by the Singapore Deposit Insurance Corporation, for up to S$75,000 in aggregate per depositor per Scheme member by law. Foreign currency deposits, dual currency investments, structured deposits and other investment products are not insured.