What is a medallion guarantee?

A Medallion Guarantee is a special stamp that’s used when you sell or transfer US securities. It confirms that the signature authorizing the sale or transfer is genuine and that the signer has the legal capacity and authority to sign the document.

Each Medallion Guarantee has a specific coverage limit that is identified by the alpha prefix on the stamp. If the value of the transaction exceeds the limit, the MSG will be rejected. See Alpha Prefix and associated coverage limits on table provided below. In the case of forgery, the financial institution providing the medallion stamp will accept liability through the Medallion program for amounts up to the associated coverage limit.

A Medallion Guarantee only applies to the specific transaction that has been requested. It does not authorize a party to perform future transactions or to obtain account specific information.

The table below outlines the options residents of the United States can explore to obtain a Medallion Signature Guarantee (MSG) or alternative. Individuals should contact the provider to determine the requirements to obtain an MSG and what fees may apply for the service.

Provider Eligible to residents of… Information & Requirements Contact Info

Institutions participating in one of the following Medallion programs:

Securities Transfer Agents Medallion Program (STAMP)

Stock Exchange Medallion Program (SEMP)

New York Stock Exchange Medallion Signature Program (MSP)

United States

A Medallion Signature Guarantee stamp can be obtained at a bank, credit union, broker, or other financial firm.

Individuals should contact the bank, credit union, broker, or other financial firm they have an account with and inquire if the institution participates in the Medallion Signature Guarantee program.

You can search for institutions that participate in the Medallion Signature Guarantee program here: www.MSGlookup.com.

Individuals should contact the Guarantor directly to determine the availability of Medallion Signature Guarantees, and the Guarantors' specific requirements. Some Guarantors may only provide Medallion Signature Guarantees for their customers.

Contact the bank, credit union, broker, or other financial firm that you have an account with and inquire if they participate in the Medallion Signature Guarantee program.

Following is a link to a searchable database:
www.MSGlookup.com

Computershare Medallion Waiver Program –

An alternative to the Medallion Guarantee

United States

Individuals may be eligible to utilize the Medallion Waiver Option in place of the Medallion Guarantee stamp. Eligibility requirements are:

  • Customer is a US resident, and
  • Total account value is under $10,000

If the submitter opts for the Medallion Waiver they MUST include the following with their request:

  1. A check for $50, payable to Computershare, and
  2. A copy of a government-issued photo ID such as a passport or driver’s license – the ID must be of the person signing the form

Computershare accepts Money Order, Cashier's Check, or Personal Check.

Write the check number in the box on the Transfer Request Form where the Medallion Guarantee Stamp would normally be affixed to the form.

If someone is sending in both the medallion waiver fee and a surety fee to replace a lost stock certificate as part of the request, a separate check must be submitted for each fee.

Submit:

  1. Check for $50 payable to Computershare and
  2. Copy of government-issued photo ID
  3. Transfer Request Form that can be obtained online at either of the following sites:

    http://www.transfermystock.com
    https://www-us.computershare.com/Investor/#Help/PrintableForms

Send all required documents via regular mail to:

Computershare
PO Box 505005
Louisville, KY 40233-5005

Or via overnight/certified/registered delivery mail to:

Computershare
462 South 4th Street, Suite 1600
Louisville, KY 40202

eSignature Guarantee United States

eSignature Guarantee offers an online service for stockholders to obtain a Medallion Signature Guarantee.

Use promo code “COMPUTERSHARE” to receive a discount*.

Calling from US:
1 844 782 6763

Online at:
https://esignatureguarantee.com

IWC Probate Services Residents of all countries

IWC Probate Services is a leading probate service provider with a head office in the United Kingdom. Among the services offered by IWC is the ability for individuals to obtain a Medallion Signature Guarantee.

Use promo code “COMPUTERSHARE” to receive a discount*.

Calling from UK:
020 8150 2010

Calling from outside the UK:
0044 20 8150 2010

Send email enquiries to:
enquiries@iwcprobateservices.co.uk

Online at:
www.iwcprobateservices.co.uk/overseas-probate-medallion-guarantee


*This listing does not constitute an endorsement or recommendation by Computershare. Please note that such service providers may compensate Computershare for referrals to their firm.


The table below outlines the options residents of Canada can explore to obtain a Medallion Signature Guarantee (MSG). Individuals should contact the provider to determine the requirements to obtain an MSG and what fees may apply for the service.

Provider Eligible to residents of… Information & Requirements Contact Info

Institutions participating in one of the following Medallion programs:

Securities Transfer Agents Medallion Program (STAMP)

Stock Exchange Medallion Program (SEMP)

New York Stock Exchange Medallion Signature Program (MSP)

Canada

A Medallion Signature Guarantee stamp can be obtained at a bank, credit union, broker, or other financial firm.

Individuals should contact the bank, credit union, broker, or other financial firm they have an account with and inquire if the institution participates in the Medallion Signature Guarantee program.

You can search for institutions that participate in the Medallion Signature Guarantee program here: www.MSGlookup.com.

Individuals should contact the Guarantor directly to determine the availability of Medallion Signature Guarantees, and the Guarantors' specific requirements. Some Guarantors may only provide Medallion Signature Guarantees for their customers.

Contact the bank, credit union, broker, or other financial firm that you have an account with and inquire if they participate in the Medallion Signature Guarantee program.

Following is a link to a searchable database:
www.MSGlookup.com

Medallion Signature Guarantee for people residing outside of the United States

Residents outside of the United States

Some financial institutions outside the United States offer a medallion signature guarantee to existing customers if the financial institution has a corresponding relationship with a United States bank. Check with your financial institution to determine if this option is available.

Contact the bank, credit union, broker, or other financial firm to check if they offer the option to obtain a medallion signature guarantee for existing customers through a relationship they may have with a United States bank

IWC Probate Services Residents of all countries

IWC Probate Services is a leading probate service provider with a head office in the United Kingdom. Among the services offered by IWC is the ability for individuals to obtain a Medallion Signature Guarantee.

Use promo code “COMPUTERSHARE” to receive a discount*.

Calling from UK:
020 8150 2010

Calling from outside the UK:
0044 20 8150 2010

Send email enquiries to:
enquiries@iwcprobateservices.co.uk

Online at:
www.iwcprobateservices.co.uk/overseas-probate-medallion-guarantee


*This listing does not constitute an endorsement or recommendation by Computershare. Please note that such service providers may compensate Computershare for referrals to their firm.


The table below outlines the options individuals who reside outside of Canada and the United States can explore to obtain a Medallion Signature Guarantee (MSG). Individuals should contact the provider to determine the requirements to obtain an MSG and what fees may apply for the service.

Provider Eligible to residents of… Information & Requirements Contact Info

Institutions participating in one of the following Medallion programs:

Securities Transfer Agents Medallion Program (STAMP)

Stock Exchange Medallion Program (SEMP)

New York Stock Exchange Medallion Signature Program (MSP)

Residents of The Bahamas and the United Kingdom

A Medallion Signature Guarantee stamp can be obtained at a bank, credit union, broker, or other financial firm.

Individuals should contact the bank, credit union, broker, or other financial firm they have an account with and inquire if the institution participates in the Medallion Signature Guarantee program.

You can search for institutions that participate in the Medallion Signature Guarantee program here: www.MSGlookup.com.

Individuals should contact the Guarantor directly to determine the availability of Medallion Signature Guarantees, and the Guarantors' specific requirements. Some Guarantors may only provide Medallion Signature Guarantees for their customers.

Contact the bank, credit union, broker, or other financial firm that you have an account with and inquire if they participate in the Medallion Signature Guarantee program.

Following is a link to a searchable database:
www.MSGlookup.com

Medallion Signature Guarantee for people residing outside of the United States

Residents outside of the United States

Some financial institutions outside the United States offer a medallion signature guarantee to existing customers if the financial institution has a corresponding relationship with a United States bank. Check with your financial institution to determine if this option is available.

Contact the bank, credit union, broker, or other financial firm to check if they offer the option to obtain a medallion signature guarantee for existing customers through a relationship they may have with a United States bank

IWC Probate Services Residents of all countries

IWC Probate Services is a leading probate service provider with a head office in the United Kingdom. Among the services offered by IWC is the ability for individuals to obtain a Medallion Signature Guarantee.

Use promo code “COMPUTERSHARE” to receive a discount*.

Calling from UK:
020 8150 2010

Calling from outside the UK:
0044 20 8150 2010

Send email enquiries to:
enquiries@iwcprobateservices.co.uk

Online at:
www.iwcprobateservices.co.uk/overseas-probate-medallion-guarantee

ComputershareResidents of Australia

Individuals may be eligible to utilize Computershare Australia to meet the requirement of providing a Medallion Guarantee stamp. Eligibility requirements are:

  1. Customer has explored obtaining a medallion signature guarantee but was unsuccessful in obtaining one, and
  2. Customer is a resident of Australia, and
  3. Total account value is $100,000 or less
Calling from Australia:
1 300 850 505


*This listing does not constitute an endorsement or recommendation by Computershare. Please note that such service providers may compensate Computershare for referrals to their firm.


Alpha PrefixSurety Coverage LimitSample of Medallion Guarantee
Z

$10,000,000
($14,000,000 for Security Transfer Association members)

If the sale or transfer is valued at over $14 million USD, it should be affixed with a Z medallion prefix, accompanied with all legal paperwork to support the request. Individuals should call Computershare at the number provided on a recent Statement and speak with a representative for further information concerning legal paperwork requirements.

 Medallion Guarantee
This sample has an “X” prefix
Y$5,000,000
X$2,000,000
A$1,000,000
B$750,000
C$500,000
D$250,000
E$100,000
F$100,000 (Most Credit Unions)

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