🏅 Bank Medallion Stamp
US Capital Private Bank Knowledge Base
A Bank Medallion Stamp (also known as a Medallion Signature Guarantee) is a special, highly secure stamp or seal applied by banks, brokerage firms, or financial institutions to certify that a signature on a financial document is genuine. This stamp guarantees the identity and authority of the person signing and assumes financial responsibility for any fraudulent transactions resulting from the endorsement.
What Does a Bank Medallion Stamp Do?
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Authenticates Signatures: Confirms that the signature on the document belongs to an authorized individual, preventing unauthorized transfers or fraud.
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Facilitates Transfer of Securities: Required by clearinghouses and transfer agents to process stock, bond, and other financial instrument transfers.
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Provides Legal Protection: The financial institution issuing the medallion stamp takes liability for any fraudulent signatures, making it a strong layer of security.
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Required for High-Value Transactions: Typically used for the transfer, sale, or gifting of securities, including stocks, bonds, mutual funds, and other assets.
Why is a Bank Medallion Stamp Important?
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Prevents Fraud: Ensures that only legitimate owners can transfer or sell their securities.
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Ensures Compliance: Many financial institutions and regulatory bodies require this guarantee to uphold the integrity of financial transactions.
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Streamlines Processing: Facilitates quick and secure processing of securities transactions by providing a trusted certification of signatures.
When Do You Need a Bank Medallion Stamp?
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When transferring ownership of securities such as stocks, bonds, or mutual funds.
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When requesting redemption or withdrawal of securities from brokerage accounts.
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When changing the registration on securities certificates.
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When completing certain estate planning or gifting transactions involving securities.
How to Obtain a Bank Medallion Stamp?
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Visit your bank, brokerage, or financial institution where you hold your securities or accounts.
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Bring valid identification and any documents requiring signature certification.
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The institution will verify your identity and authority, then apply the medallion stamp to your documents.
Important Notes
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Not all banks provide medallion stamps—usually, financial institutions that are members of a Medallion Signature Guarantee Program issue them.
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The stamp includes unique symbols and codes to identify the institution and prevent forgery.
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Fees may apply depending on the institution providing the service.
📞 Contact US Capital Private Bank
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🌐 Website: https://uscapitalprivatebank.com