Signature Guarantee is a free service only available to USAA members with at least one active product. Some banks train employees better than others to limit transactions to customers only; and if you're … The Medallion Signature Guarantee is used for selling, redeeming or transferring securities, such as stocks or mutual funds. As an enrolled member of the Security Transfer Agents Medallion Program (STAMP), PeoplesBank can provide signature guarantees that stock transfer agents will accept. A signature guarantee medallion stamp verifies that a signature on a document is legitimate. The transfer agent requires the signature of the owner(s) of the securities to be “guaranteed” by a financial institution … The stamp is a guarantee by the financial institution that the signature … A medallion signature guarantee is a special certification for the transfer of securities. Medallion Signature Guarantee. Because of this, banks are hesitant to provide signature guarantee services for non-customers. It is exclusively used for transactions that involve the sale, transfer, redemption or liquidation of securities. Medallion Signature Guarantee: Document(s) Checklist A valid government-issued identification and the document(s) being stamped are required for all Medallion Signature Guarantee requests. A premium benefit of your Alabama One membership is the availability of Medallion services. Your credit union can guarantee signatures for the transfer of securities valuing up to $250,000. Medallion Signature Guarantee At our Seaford, DE, branch, members can use our Medallion Signature Guarantee service free of charge to guarantee signatures for the transfer of securities. A Medallion Signature Guarantee verifies your identity for the purpose of transferring securities, such as stocks, bonds and savings bonds.. A medallion signature guarantee must be issued by a bank, brokerage, credit union or other financial … The guarantee this seal provides holds a financial institution responsible in the case of fraud. In addition, depending on the request type, you will need to provide the following documents. The Medallion stamp is one of the many services offered at BankNewport. A Medallion signature guarantee is needed when you are selling or transferring securities (such as stocks, bonds, mutual funds) and you have a physical certificate to sign.. A notary does not provide a Medallion Signature Guarantee.. A notary is a public official and witness.. A signature guarantee is not an authorized notary act. Medallion Signature Guarantee. These guarantees are essential for the transfer of securities. It is a guarantee by the transferring financial institution that the signature is genuine, protecting shareholders by preventing unauthorized transfers and possible investor losses. A Medallion Signature Guarantee is used for selling, redeeming or transferring securities, such as stocks or mutual funds. This service is available at your credit union’s Main Office on Veterans Memorial Parkway. A signature guarantee may be requested by a financial services company as a form of protection against a fraudulent transaction. The transfer agent requires the signature of the owner(s) of the securities to be “guaranteed” by a financial institution before they will act upon the transaction request. The Medallion Signature Guarantee Program allows PeoplesBank to provide signature guarantees for its customers. Please call ahead to 302-629-0100 to ensure someone is available to assist you. A medallion signature stamp guarantee is a binding warranty guaranteeing that your signature is genuine, that you're an authorized signer, and that you have the legal capacity to sign. 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