A medallion signature guarantee is something that was developed to make some money for someone. It is essentially the same thing as a notary, only different. I've had to obtain one to transfer securities various times.
Fleet bank (now bank of america) tends to have a person who can provide this service and it is free if you keep money in their bank. It is wise to call around and make sure that branch actually has such a person and that they will be in on the day that you want to get the medallion 'cause they sometimes work at different branches on different days. -jsc -----Original Message----- From: William H. Magill [mailto:[EMAIL PROTECTED] Sent: Saturday, September 18, 2004 5:01 PM To: [EMAIL PROTECTED] Cc: [EMAIL PROTECTED]; [EMAIL PROTECTED] Subject: SPAM SPAM -- [uc] re: medallion signature guarantee On 17 Sep, 2004, at 16:25, [EMAIL PROTECTED] wrote: > Does anyone know a local financial institution that provides this > service? Ok, I give up. That's a term I've never heard before ... What is a "Medallion signature guarantee?" Are you talking about a Notarized signature, or are you talking about the kind of guarantee required for a financial (Securities) transaction? If you are talking about the former, then there are Notaries all over the place. (40th and Chestnut NW corner comes immediately to mind.) If you are talking about the latter, you need to be a "customer" of that institution. To the best of my knowledge, no financial institution will provide a signature guarantee to anyone simply walking in off the street ... especially is there is any amount in excess of $1,000 involved -- there are all kinds of Federal reporting requirements now in effect for any kind of "cash" financial transaction. T.T.F.N. William H. Magill [EMAIL PROTECTED] [EMAIL PROTECTED] [EMAIL PROTECTED] [EMAIL PROTECTED] ---- You are receiving this because you are subscribed to the list named "UnivCity." To unsubscribe or for archive information, see <http://www.purple.com/list.html>. ---- You are receiving this because you are subscribed to the list named "UnivCity." To unsubscribe or for archive information, see <http://www.purple.com/list.html>.
