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Z-trade

12/12/21 9:24 AM

#47728 RE: penny.dreamer #47726

It’s kind of like a notary, but in. The financial world. The trust department at a bank would preform the verification and the stamp.
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PTS

12/12/21 9:32 AM

#47729 RE: penny.dreamer #47726

Yes correct like a notary but it’s used in the trading world to verify your identity and that you are the actual holder of the shares. Not all financial institutions do medallion stamps so call ahead and be sure to take with you the form, valid ID and proof you own the shares.