oboloo Glossary

Bank Medallion Signature Guarantee

oboloo Glossary

Bank Medallion Signature Guarantee

The Bank Medallion Signature Guarantee is a service that provides protection for businesses and individuals exchanging securities. Usually, this guarantee is provided by a bank on behalf of its clients when transferring money or sending stocks, bonds, or other financial instruments. The guarantor is responsible for verifying the signature of the authorized person and ensuring that the exchange meets all legal requirements. By guaranteeing the signature on the transfer documents, the guarantor reduces the risk of fraud and errors that could occur in the exchange process. In other words, it assures that the signature is valid, accurate, and certified. With the Bank Medallion Signature Guarantee, trust and reliability are two key advantages that help your business transactions go more smoothly.