Company description
A Medallion Guarantee, also known as a Medallion Signature Guarantee or Gold Medallion Guarantee is a special stamp introduced in the USA to help with preventing the Fraudulent Transfer of Securities, Stocks & Shares
If you own assets in the United States or Canada or you are dealing with an estate where the deceased held US or Canadian securities and you wish to transfer or sell them, you will be required to obtain a Medallion Guarantee Stamp before the Transfer Agent also known as the Share registrar will accept the documentation.
The Stamp is seen as an inconvenience particularly outside the USA and Canada where it is increasingly more difficult to obtain, however the programme is in place to protect shareowners and their assets from fraudulent transactions taking place.
