Deposit Bonds are used as a substitute to a cash deposit when buying a property. I can issue Deposit Bonds for my clients, provided they have either written loan approval (if borrowing) or an exchanged sale contract (if they are selling and buying simultaneously). I am an authorised Deposit Bond issuer of Deposit Power in Chatswood. Deposit Power currently charge a fee of 1.2% of the amount of the deposit being covered by Bond. Please telephone me to discuss Deposit Bonds further.