What is a gold medallion signature guarantee?


Quick Answer

A medallion signature guarantee, sometimes referred to as a gold medallion notarization, is a special signature guarantee required for the sale or transfer of securities. It is the issuing financial institution’s certification that a signature related to the sale or transfer is authentic, according to the American Society of Notaries.

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Full Answer

Medallion signature guarantees are available from commercial banks, brokers, savings associations, credit unions and other financial institutions. In order to provide a medallion signature guarantee, an institution must be a member of the Securities Transfer Agents Medallion program, the Stock Exchanges Medallion Program or the New York Stock Exchange Medallion Signature Program, according to Investopedia.

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