If you are handling securities such as shares, bonds or stocks in North America, you will likely need a Medallion Signature Guarantee (MSG) for any sales or transfers.
We have noticed it is tough for Non-US residents to obtain these stamps as US-based companies are unwilling to provide them at times due to risks associated with the liability.
Share Data’s experienced team can provide Medallion Signature Guarantees without acting under a Power of Attorney, as it has been a member of the STAMP programme since 2014.
A Medallion Signature Guarantee (MSG) is a barcode authenticated stamp that verifies the value of stocks, bonds and assets.
The MSG stamp protects shareholders by limiting liability in the case of fraudulent transactions.
When handling assets in North America, the sale and transfer of securities must follow certain procedures as they are regulated by the SEC.
Members of Securities Transfer Agents Medallion Program (STAMP) or Stock Exchange member companies in Canada and the US are authorised to issue an MSG stamp.
Whether it be securities or stocks and shares, the sale or transfer of any North American assets will require a Medallion Signature Guarantee Stamp.
Learn more on our Service page
