In 2026, medallion signatures are available at major banks like Bank of America, Chase, Wells Fargo, and credit unions such as Navy Federal, but only for existing account holders.
Can you get a medallion signature at any bank?
You cannot get a medallion signature at every bank because only institutions authorized under SEC Rule 17-Ad15 are permitted to issue them.
These guarantees pack serious legal weight, so banks must participate in programs like the Securities Transfer Association Medallion Program (STAMP) or the NYSE Medallion Signature Program. No participation? No service, even if you’ve banked there for years.
Where can I get a medallion signature?
You can get a medallion signature at domestic financial institutions that participate in a recognized medallion program.
That includes banks, trust companies, broker-dealers, savings associations, and credit unions. Big names like Bank of America, Chase, Wells Fargo, and Navy Federal Credit Union are in the game. To avoid a wasted trip, check the program’s official directory or call ahead—availability isn’t guaranteed everywhere.
How much does it cost to get a medallion signature?
Medallion signature fees vary widely by institution and transaction size, but expect to pay around $50 for a $100,000 guarantee at a credit union and $75 at a bank.
Bump the transaction to $200,000? Costs can jump to $100 at a credit union or $150 at a bank. Always ask about exact pricing—some places adjust fees based on their own rules.
Who uses Medallion Signature Guarantee?
Medallion Signature Guarantees are used by financial institutions and individuals involved in transferring or selling securities.
Banks, broker-dealers, and transfer agents issue these to confirm a client’s identity when physical stock certificates or bonds change hands. The goal? Stop fraud in its tracks and keep transactions legit.
Does Bank of America do medallion signatures?
Yes, Bank of America offers medallion signature guarantees, but only for account holders with at least six months of account history.
Need this for account maintenance or moving securities outside Bank of America or Merrill? Head to a branch—online requests won’t fly here.
Can I get a medallion signature at Wells Fargo?
Wells Fargo offers medallion signature guarantees at select locations and only for account holders with active accounts for at least 60 days.
Not every branch plays ball, so call ahead or check your local branch’s website before you show up. Otherwise, you might be out of luck.
What is the difference between a notary and a medallion signature?
A notary verifies identities for legal documents, while a medallion signature guarantees financial transactions involving securities.
Both confirm who you are, but notaries handle contracts or affidavits. Medallion signatures? They authenticate stock or bond transfers. The medallion signature carries way more legal weight and exposes the guarantor to higher liability.
Does Chase bank have Medallion Signature Guarantee?
Chase offers medallion signature guarantee services free of charge for its account holders at approximately 60% of its branches.
To use it, swing by a participating branch with ID and proof you own what you’re transferring. Availability changes by location, so check Chase’s website or call first.
What is a guaranteed signature?
A guaranteed signature verifies the authenticity of a signatory’s identity and intent in financial transactions.
Think stock certificates or bonds changing hands. This guarantee stops fraud and makes sure the deal sticks.
How do I get a medallion signature guarantee without an account?
To get a medallion signature without an existing account, open a low-minimum account at a participating institution, then request the guarantee.
- Find local banks or credit unions that offer medallion guarantees and keep fees low.
- Open the account and stick with it for the required time—often 60 days for banks, six months for brokerages.
- Bring ID, proof of ownership, and any transfer forms to a branch when you’re ready.
Credit unions and smaller banks tend to be more flexible than big brokerages, so they’re your best bet here.
Can I get a medallion signature online?
Most medallion signatures require an in-person visit to a branch or authorized agent.
Some firms let you start paperwork online, but the actual stamp happens face-to-face. True online options are rare—always double-check with the provider before assuming you can skip the trip.
What is needed for a Medallion Signature Guarantee?
You’ll typically need two forms of ID, one with a photo, plus proof of ownership and current value of the securities.
Bring your passport or driver’s license, account statements showing ownership, and a recent valuation. If you’re moving physical certificates, have those ready too. Call the provider first—missing paperwork means delays.
Can you signature guarantee an electronic signature?
Medallion signatures authenticate handwritten signatures only; they do not guarantee electronic signatures.
Electronic signatures usually live on platforms like DocuSign or Adobe Sign, which handle their own verification. Transferring securities electronically? You might not need a medallion signature at all—brokerages often handle this internally.
Why is a Medallion Signature Guarantee required?
A Medallion Signature Guarantee is required to prevent fraud when transferring physical securities like stock certificates or bonds.
It proves the person signing is the real owner and shields transfer agents and buyers from dodgy deals. No guarantee? No transfer.
How do I get a signature guarantee?
You can obtain a medallion signature guarantee from an eligible financial institution, such as a bank, credit union, or broker-dealer.
Start by confirming the place participates in a medallion program, then bring your paperwork to a branch. No account? You may need to open one first. A quick call ahead saves time and headaches every time.
