London, 07 November, 2024
Share Data Limited, a leading provider of securities valuation and transfer services, is pleased to announce an increase in its Medallion Signature Guarantee limit from $1 million to $2 million.
This enhancement enables Share Data to provide Medallion Signature Guarantees for transactions involving Canadian and U.S. securities valued up to USD $2 million. The Medallion Signature Guarantee is an essential requirement for individuals and institutions managing the sale or transfer of North American securities, ensuring a secure and legally compliant process.
A Medallion Signature Guarantee verifies the identity of the signatory in transactions such as estate settlements or share transfers, offering crucial protection for all parties involved in U.S. or Canadian securities transactions.
Orlanda Carroll, Head Of UK & Foreign Business at Share Data, expressed her enthusiasm for the updated limit: “This new service allows us to support higher-value transactions and further meet the needs of our clients. As one of the few providers in Europe offering this level of guarantee, we are excited to provide this solution to facilitate your share transfers and other financial transactions.”
Looking ahead, Share Data aims to achieve a Medallion Stamp limit of $10 million, positioning itself as the only provider in the UK and Europe capable of offering guarantees for securities transactions of this scale.
For more information or to discuss your Medallion Stamp requirements, please visit the product page. Contact the team via admin@sharedata.co.uk or +44 (0) 1403 271170.
Press Contact:
Diane Kazakova
Marketing Executive
Share Data Ltd
Email: diane@sharedata.co.uk
