Security Bond for Maids in Singapore: Guide for Employers (2025)​

Are you planning to hire a domestic helper in Singapore? Understanding the mandatory security bond requirements is crucial. This comprehensive guide explains everything employers need to know about security bonds for foreign domestic workers.

What is a Maid Security Bond?

A security bond is a mandatory financial guarantee of SGD 5,000 that employers must purchase before hiring a foreign domestic worker in Singapore. This bond serves as a legal pledge to ensure both employers and helpers comply with Work Permit conditions and Singapore laws. The requirement applies to all foreign domestic workers, with Malaysian helpers being the only exception.

Key aspects of the security bond include:

• A fixed amount of SGD 5,000 required for each helper
• Must be purchased from authorized banks or insurance companies
• Cannot be charged to the domestic worker
• Takes effect on the helper’s arrival date

Purchase Process and Timeline

The security bond must be purchased before your helper arrives in Singapore. The process typically begins with selecting a bank or insurance provider who offers this service. Most providers will need your helper’s FIN number, which can be found on their in-principle approval or renewal invitation.

Essential steps in the purchase process:

• Submit required documents to your chosen provider
• Allow 3 working days for processing
• Verify bond status through official channels
• Print acknowledgment through WP Online
• Provide copy to your helper

Package Components and Coverage

Most financial institutions offer comprehensive packages that bundle several mandatory requirements together. A typical security bond package includes:

• SGD 5,000 security bond guarantee
• Medical insurance coverage (minimum SGD 15,000 per year)
• Personal accident insurance
• Processing fees and documentation

Employer Obligations and Responsibilities

Maintaining compliance with security bond conditions requires attention to several key responsibilities. Employers must ensure regular salary payments, provide safe working conditions, and maintain valid documentation throughout the employment period.

Primary employer duties include:

• Maintaining valid Work Permit status
• Ensuring timely salary payments with proper documentation
• Providing safe living and working conditions
• Reporting any violations promptly
• Managing helper repatriation when required

Discharge and Forfeiture

The security bond discharge process begins after your helper’s departure from Singapore. For successful discharge, employers must ensure:

1. Proper Work Permit cancellation
2. Confirmed helper repatriation
3. No outstanding violations or breaches

Common forfeiture scenarios that employers should avoid include delayed salary payments, unauthorized employment, and failure to report violations. Documentation and clear communication are essential for protecting your security bond investment.

Tips for Successful Bond Management

Protecting your security bond requires diligence and attention to detail. Consider these essential practices:

• Maintain detailed records of all payments and communications
• Keep copies of official documentation in a secure location
• Stay informed about current MOM regulations
• Report any issues or concerns promptly
• Work with reputable employment agencies

Conclusion

The security bond represents a significant responsibility for employers of foreign domestic workers in Singapore. By understanding the requirements, maintaining proper documentation, and ensuring compliance with all regulations, employers can successfully manage this obligation while providing a stable working environment for their domestic helpers.

For the latest information and requirements, visit the Ministry of Manpower website or consult with licensed employment agencies.

Last updated: January 2025