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Cost & Requirements of MSG

  • Each application is assessed on a case by case basis and we will advise you of the necessary documentation required in response to individual enquiries.
  • To protect our interests and that of our clients, ID checks must be performed before we can issue a Medallion Signature Guarantee.
  • Costs from £195 per line of stock

 

Examples of transactions requiring the Medallion Signature Guarantee stamp:

  • Transfer of US or Canadian stocks, shares, bonds, mutual funds and liquidating funds
  • Transfer of assets to the beneficiary(ies) or executor(s) when a shareholder passes away
  • Transfer of jointly-held assets into a sole holder’s name
  • Updating the name on investments (e.g. from maiden to married name)
  • Letters of Transmittal
  • Wire Transfers
  • Affidavit of Loss
  • Inherited IRAs (Individual Retirement Account)
  • Redemption requests from US or Canadian accounts

 

Examples of transfer agents (i.e. North American share registrars) who require an MSG:

  • American Stock Transfer & Trust Company (AST)
  • Broadridge
  • Computershare
  • Continental Stock Transfer & Trust
  • CST Link Group
  • EQ (Shareowner Online), formerly Wells Fargo
  • Nevada Agency and Transfer Company (NATC)

 

If you require a Medallion Signature Guarantee, please contact our office on +44 (0) 20 7832 1400 or email: legal@fraserandfraser.co.uk to discuss your case and requirements.