Medallion Signature And Notary

Question 1

Medallion Signature Guarantee

Answer 1

Performed by associate on behalf of the Bank, usually for transferring securities, and in the event of forgery or impropriety, expose the bank to liability in the amount of securities transferred along with other legal fees

Question 2

Notary

Answer 2

Public officer appointed by state to serve as impartial witness when certain documents are signed to confirm the genuineness of the signatures

Documents are motorized to confirm the authenticity of the Signature and that the Signature was made willingly