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Backing Every Promise with Protection

A security bond is a binding pledge to pay the government if either the employer or its worker breaks the law, Work Permit conditions or security bond conditions. The bond is in the form of a banker’s or insurer’s guarantee.

In Singapore, an employer must buy a $5,000 security bond for each non-Malaysian Work Permit holder it employ.

Bond Discharge

An employer will be discharged from the security bond liability for a worker only after meeting these conditions:

  • Cancellation of the Work Permit.
  • The worker has returned home.
  • No breach any of the conditions of the security bond.