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Get Security Bond Form
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How to fill out the Security Bond Form online
Filling out the Security Bond Form is a crucial step in applying for work passes for foreign workers. This guide will provide you with detailed, step-by-step instructions to complete the form online efficiently.
Follow the steps to complete the Security Bond Form online
- Click ‘Get Form’ button to obtain the form and open it in the designated editor.
- In the first section, enter the date on which the bond is being signed, ensuring it is on or before the guarantee start date.
- Provide your full name or the name of the organization, along with the registered office address in the appropriate fields.
- Specify the total amount you are acknowledging to pay the Government of the Republic of Singapore in the designated sum field.
- Select the purpose for which you wish to apply for work passes by marking the relevant option (a, b, or c) in the purpose section.
- Familiarize yourself with the responsibilities outlined, ensuring you understand your obligations regarding the workers' upkeep, accommodation, and compliance with work pass conditions.
- Enter the bond amount you are depositing as security in the respective fields.
- Complete the signature section by signing the form and providing the necessary identification details, including your NRIC or passport number.
- If applicable, fill out witness details, including the name, address, and signature of the witness.
- Review all entries for accuracy before saving your changes. You can then download or print the completed form for your records.
Complete your Security Bond Form online today to ensure a smooth application process for your foreign workers.
A bond agreement is a legal contract between an issuer and the holder of a bond. The issuer agrees to repay the principal, usually at maturity, plus interest on time at a specified rate. Bonds are issued by governments or corporations in order to raise capital for projects that they need funding for.
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