INSIDE LAKESIDE
Log In or Register

Check your spam/junk folder for activation e-mail after you register.

Medallion Signature

Go down

Medallion Signature Empty Medallion Signature

Post by itsme on Fri Oct 25, 2013 8:13 am

Anyone know where to get this in Mexico? Do the banks do it here?

itsme
Share Holder
Share Holder

Posts : 706
Join date : 2010-04-05

Back to top Go down

Medallion Signature Empty Re: Medallion Signature

Post by David on Fri Oct 25, 2013 10:04 am

Exactly what is it?
David
David
Share Holder
Share Holder

Posts : 5004
Join date : 2010-04-05
Location : Ajijic
Humor : Good

Back to top Go down

Medallion Signature Empty Re: Medallion Signature

Post by Axixic on Fri Oct 25, 2013 10:31 am

David,
http://en.wikipedia.org/wiki/Medallion_signature_guarantee

itsme,
This quote from the above website may be relevant to you: "When US citizens are abroad and unable to obtain a medallion signature guarantee stamp, some financial institutions may accept a United States embassy seal in its place."
Axixic
Axixic
Share Holder
Share Holder

Posts : 1553
Join date : 2012-05-28
Age : 62
Location : Axixic

Back to top Go down

Medallion Signature Empty Re: Medallion Signature

Post by Marrell on Fri Oct 25, 2013 4:23 pm

Axixic wrote:David,
http://en.wikipedia.org/wiki/Medallion_signature_guarantee

itsme,
This quote from the above website may be relevant to you: "When US citizens are abroad and unable to obtain a medallion signature guarantee stamp, some
inancial institutions may accept a United States embassy seal in its place."
The notary performed by the U.S. Consulate is generally accepted by financial institutions. I've used it myself with no problem for Fidelity, Garibelli as
well as Banamex USA.

Marrell
Share Holder
Share Holder

Posts : 112
Join date : 2012-05-15

Back to top Go down

Medallion Signature Empty Re: Medallion Signature

Post by borderreiver on Fri Oct 25, 2013 10:06 pm

Wow. Who knew. More knowledge. Thx.
borderreiver
borderreiver
Share Holder
Share Holder

Posts : 913
Join date : 2011-07-07
Age : 69
Location : vancouver
Humor : humor is spelt incorrectly

Back to top Go down

Medallion Signature Empty Re: Medallion Signature

Post by manymoonsago on Fri Oct 25, 2013 10:30 pm

The medallion signature guarantee is used when securities (stocks/bonds) are being transferred. The signature guarantee verifies the authenticity of the signature on whatever form is necessary to authorize the transfer of the security. Most brokerages I have dealt with will not accept anything less than an embassy seal when I am out of the country and want a transaction that would require a medallion guarantee. They definitely will not accept a notary acknowledgment for transfer of securities. Mutual fund companies don't often have a signature guarantee requirement for their transactions.

A notary acknowledgment does not verify the authenticity of the signature, only that a person with ID satisfactory to the notary has signed the document or witnessed the signing of a document.
manymoonsago
manymoonsago
Share Holder
Share Holder

Posts : 210
Join date : 2012-05-11
Humor : Ironic; Over the Edge

Back to top Go down

Medallion Signature Empty Re: Medallion Signature

Post by Sponsored content


Sponsored content


Back to top Go down

Back to top


 
Permissions in this forum:
You cannot reply to topics in this forum