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Medallion Signature Guarantee

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williewabbit

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Does anyone know how to get a Medallion Signature Guarantee in Australia?

I am an American living in Australia. My sister died near the end of 2011 leaving me some shares of GE stock. The stock has my name as beneficiary on the face of the certificates. In order for me to transfer the stock to my name, I must have a Medallion Signature Guarantee. I have not been able to find out how to obtain one in this country. I have inquired at my bank, NAB, and have phoned a few Australian based American banks without success. I would be very grateful if anyone can shed some light on this very perplexing problem.
williewabbit
 
Peter2
Many thanks for your comment.

I have checked this notice before but the paragraph referring to the medallion:

Medallion Signature Guarantees
U.S. Consular Officers are not authorized to provide signature guarantee/medallion stamp guarantee service. Only a financial institution participating in the SEC (Securities Exchange Commission) medallion signature guarantee program is authorized to affix a medallion imprint. Please refer to the Securities Exchange Commission or your financial institution for further information.

I have tried to find a financial institution that provides the medallion without success. If you have any suggestions, I am very interested.
williewabbit
 
williewabbit said:
... If you have any suggestions, I am very interested.
williewabbit
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http://www.sec.gov/answers/sigguar.htm

Note to Overseas Investors – You may be able to able to obtain a Medallion Guarantee from an overseas branch of a U.S. or Canadian bank, broker, or credit union with whom you do business. If you have been unable to obtain a Medallion Guarantee, you should contact the transfer agent or issuer (corporation) requiring the Medallion Guarantee for assistance.
Click to expand...

I would understand that to mean GE in your case.
 
A signature guarantee is now available through Computershare Australia. They contacted me yesterday to say they are now providing this service for a small admin fee. I have been searching for over a year to find someone who could help with this. I had rung or visited just about every bank or financial institution in Australia with no luck so big relief!
 
Elsie487 said:
A signature guarantee is now available through Computershare Australia. They contacted me yesterday to say they are now providing this service for a small admin fee. I have been searching for over a year to find someone who could help with this. I had rung or visited just about every bank or financial institution in Australia with no luck so big relief!
Click to expand...

Thanks for the info. Great news for most except no local Computershare office anywhere near me.. :(
 
Does anyone know where I can obtain a Medallion Signature Guarantee Stamp in Australia?? I own Disney shares and am trying to transfer them into my wife’s name and the transfer agent in the US (Computershare) requires one of these stamps on their documentation. I would really rather not have to fly to the US to get this thing, but I’ve had a very hard time finding anyone in Australia that offers the service. Any help would be much appreciated!
 
I highly recommend Fortrend Securities in Melbourne, Australia for Medallion Stamp. Very professional and helpful staff in explaining what was needed to obtain this important stamp. Walked me through all the steps and the turnaround was very quick.
 
lynneg said:
I highly recommend Fortrend Securities in Melbourne, Australia for Medallion Stamp. Very professional and helpful staff in explaining what was needed to obtain this important stamp. Walked me through all the steps and the turnaround was very quick.
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I had simular experience with Fortrend Securities. Needed a medallion to get an inheritance from the states and they were great. Meet everyone and was given advice on how to make this process easier in the future. I started out trying to get a medallion from another company and the shear amount of documentation they requested baffled Fortend, was unnecessary and intrusive.
 
lynneg said:
I highly recommend Fortrend Securities in Melbourne, Australia for Medallion Stamp. Very professional and helpful staff in explaining what was needed to obtain this important stamp. Walked me through all the steps and the turnaround was very quick.
Click to expand...
and thanks for that walkthrough.... your input of 24 Jan has been noted.
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