<P> In the United States , a medallion signature guarantee is a special signature guarantee for the transfer of securities . It is a guarantee by the transferring financial institution that the signature is genuine and the financial institution accepts liability for any forgery . Signature guarantees protect shareholders by preventing unauthorized transfers and possible investor losses . They also limit the liability of the transfer agent who accepts the certificates . Not all MSG stamps are of equal value . A special coded prefix is given to each stamp , and this prefix determines how much monetary value can be guaranteed . For instance if the MSG is required for $400,000 worth of value , at least a C prefix is required , which is good for up to $500,000 value . If a D prefix stamp is submitted , the transaction will be rejected , because a D stamp is only good for guarantee up to $250,000 . Often ComputerShare paperwork only informs of a need for a MSG , but does not specify anything about the necessity of certain prefixes . </P>
<P> In the United States , a medallion signature guarantee is a special signature guarantee for the transfer of securities . It is a guarantee by the transferring financial institution that the signature is genuine and the financial institution accepts liability for any forgery . Signature guarantees protect shareholders by preventing unauthorized transfers and possible investor losses . They also limit the liability of the transfer agent who accepts the certificates . Not all MSG stamps are of equal value . A special coded prefix is given to each stamp , and this prefix determines how much monetary value can be guaranteed . For instance if the MSG is required for $400,000 worth of value , at least a C prefix is required , which is good for up to $500,000 value . If a D prefix stamp is submitted , the transaction will be rejected , because a D stamp is only good for guarantee up to $250,000 . Often ComputerShare paperwork only informs of a need for a MSG , but does not specify anything about the necessity of certain prefixes . </P>
when do you need a medallion signature guarantee
when do you need a medallion signature guarantee
for the transfer of securities
for the transfer of securities