×
 x 

Cart empty
Shopping cart Cart empty
Notary Public Underwriters
×
 x 

Cart empty
Shopping cart Cart empty
  • Texas Notaries
  • Log in / Register
  • Create an Account
Occasionally, a notary is confounded by the request for a gold medallion notarization, or something that sounds very similar to that. Exactly what service is being requested? The answer is a medallion signature guarantee, a special signature guarantee ... Occasionally, a notary is confounded by the request for a "gold medallion notarization," or something that sounds very similar to that. Exactly what service is being requested? The answer is a "medallion signature guarantee," a special signature guarantee required for the sale or transfer of securities (a type of negotiable instrument). This service is provided only by banks or other financial institutions that have been certified to issue medallion signature guarantees. Sale or transfer of securities instruments requires the holder’s signature. By issuing a medallion signature guarantee, the selling or transferring financial institution guarantees that the signature is genuine, and accepts liability for signature forgery. This differs significantly from a notary’s purpose in performing an acknowledgment or oath/affirmation notarial act. In short, a medallion signature guarantee is the issuing financial institution’s certification that a signature related to sale or transfer of securities is authentic. Medallion signature guarantees have a completely different purpose from notarization, should not be confused with notarization, and cannot be performed by a notary unless he/she is a certified participant in a financial institution’s medallion signature guarantee program. Any requests for a "medallion signature notary" or "golden medallion notarization" or similar should be referred to a bank. The requester may contact any local bank and ask if the bank can issue a "medallion signature guarantee." Questions? Email This email address is being protected from spambots. You need JavaScript enabled to view it. posted by Kathleen Butler, American Society of Notaries on February 4, 2010 The content of this post was provided by the American Society of Notaries. ASN is the nation's oldest notary association, dedicated to advancing the office of notary public through its technical expertise, membership services, education programs, publications, and advocacy. To learn more about ASN and how to become a member, please click here.