Where to get medallion guarantee

There are several different coverage levels, therefore it is important to acquire a guarantee amount equal to or greater than the amount of the transaction. Each medallion signature guarantee has a unique identification number with a letter prefix signifying the dollar amount insured by the Guarantor. Each prefix with the corresponding amount of coverage is listed below:. Are you invested in a company that needs a new transfer agent or cap table provider? Shareholders can view account holdings, employee plan, stock awards, transactions, and update contact information securely online.

Obtain Investor login. Shareholder Services Current Page. Your account number 2. You will usually need two forms of ID. Your current, non-expired government issued identification. Generally, a Medallion Signature Guarantee is required when an owner wants to sell or transfer financial assets, such as stock, bonds or accounts. If the securities are held through a broker, the owner will not need to obtain a Medallion Signature Guarantee. Only those who are members of a Medallion Signature Guarantee programme can provide a signature guarantee and overseas members are limited.

Over 7, North American financial institutions can offer signature guarantees. At Title Research, we often come across cases where UK stock has become North American stock due to company acquisitions and mergers.

Title Research are experts in dealing with North American assets which means we can navigate the often-complex process of selling or transferring shareholdings for you. If you are responsible for dealing with an estate involving North American assets, or you are attending to any other transfer of North American shares or securities, you will usually be asked to provide a medallion signature guarantee also referred to as a medallion guarantee, signature or stamp.

These are a statutory requirement when managing the movement of securities and shares in North America and they act to limit the liability and loss by safeguarding against forged signatures. Only certain institutions are authorised to provide medallion signature stamp, and a North American transfer agent will not accept a lesser signature guarantee in place of this, such as a notary stamp or apostille. Despite the fact that there are many financial institutions in North America authorised to provide medallion signature guarantees, it would seem that very few will provide these to the general public and only these few will do so if you are a long standing client of theirs.

It is harder still for residents outside of North America to obtain these, as many banks outside of the US just do not want to take on the risk associated with the guarantee. Medallions are not easy to obtain if you are a resident outside of the USA. Various companies have different names for this stamp, which can cause confusion.

Please see our Medallion checklist for details about how you can apply to obtain a Medallion Signature Guarantee through Lester Aldridge. If you select this service you will be responsible for ensuring that all the papers required by the transfer agents have been confirmed by them and that you have completed these correctly.

This service does not include checking the completed papers, or liaising with the transfer agents, or any advice or assistance in the drafting of any of the required papers. Today individual investors rarely have physical possession of their share certificates, preferring electronic records instead. Fixed Income Essentials. Investing Essentials. Your Privacy Rights. To change or withdraw your consent choices for Investopedia.

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