Dr. JeFreda R. Brown is a financial consultant, Certified Financial Education Instructor, and researcher who has assisted thousands of clients over a more than two-decade career. She is the CEO of ...
Medallion signature guarantees are for transferring securities, not general use like notarized docs. Only specific financial institutions can issue medallion guarantees, linked to an existing account.
A medallion signature guarantee, also known as a medallion stamp, is designed to protect financial institutions and individuals from fraud when stocks, bonds or other financial assets are transferred ...
Q: I am the personal representative of my father's estate. In order to transfer my father's stock, I was told to obtain a medallion guarantee from a bank. The bank is insisting that I produce ...