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Old 13.04.2011, 13:00
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Medallion Signature Guarantee

Does anyone know how to obtain such a guarantee? Credit Suisse has stopped doing this.
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Old 26.05.2011, 08:51
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Re: Medallion Signature Guarantee

Fredchroy,

Did you have any success finding an alternative to Credit Suisse?
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Old 26.05.2011, 09:48
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Re: Medallion Signature Guarantee

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Fredchroy,

Did you have any success finding an alternative to Credit Suisse?
Have not heard a peep from anyone.
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Old 07.09.2011, 12:28
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Re: Medallion Signature Guarantee

Hi, I am going through this now. Any success?
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Old 07.09.2011, 12:56
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Re: Medallion Signature Guarantee

No luck at all.
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Old 07.09.2011, 16:03
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Re: Medallion Signature Guarantee

Hi, here's an answer I got from my requesting institution (a New York based bank) who says they'll accept the following:

1. A New York Correspondent bank referenced in the foreign bank’s guarantee stamp.
2. An overseas branch of a United States Bank or a member firm of the New York Stock Exchange firm referenced in the foreign bank's guarantee stamp.
3. A correspondent branch in the United States, which is referenced in the foreign bank's guarantee stamp

You can check with a major brokerage firm like Smith Barney, Edward Jones etc… For a bank institution you can also check with Citigroup


I am only doing a name change on the stock holder (me), and not any transfer of ownership so there is less liability involved.

cheers,
BruceFan
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Old 07.09.2011, 16:34
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Re: Medallion Signature Guarantee

Thanks Bruce! Credit Suisse in Luzern ought to be able to handle that.
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Old 28.11.2012, 09:02
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Re: Medallion Signature Guarantee

Hi,

I need this for an IRA transfer. After reading the thread, I'm a bit confused. So Credit Suisse in Luzern will do this? What about in Zurich?

Has anyone used another institution?

Thanks for any suggestions.

Regards,
Dan
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Old 28.11.2012, 10:34
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Re: Medallion Signature Guarantee

I believe that Credit Suisse no longer does this. They did it for me once, and it took several weeks. I signed the form in the presence of my CS adviser, he sent it to CS Boston with his testament as to who I was, they sent it back with the guarantee finally. I was then told that it could not be done again in the future. Wouldn't hurt to ask though.

Last year, I went through an extensive interview by phone with Vanguard, my custodian, and they did not require a guarantee. They asked questions about things which I had no idea that they knew.
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