Medallion signature guarantee - How to get this in Chennai?

chennai-vasi · Post by **chennai-vasi** » Mon Jan 10, 2011 11:51 am

I am trying to transfer some retirement assets from one custodian to another. The original custodian is asking for Medallian signature guarantee. I checked with BoA here in Chennai. They only do corporate customers and no retail customers. I called ICICI, they have no idea about it, but said, if I bring the form, they can sign it. Not sure. Will this be accepted.

Did anybody managed to get this done from India?

RRK · Post by **RRK** » Mon Jan 10, 2011 11:00 pm

[URL="http://en.wikipedia.org/wiki/File:Medallionstamp.jpg"]
[/URL]
Sample of a Medallion signature guarantee stamp

Forget about local ICICI bank rep giving this guarantee.

Read more about this program here

chennai-vasi · Post by **chennai-vasi** » Fri Jan 14, 2011 9:31 pm

I talked to the custodian financial institution and they are saying the other alternative is to get it stamped from US Consulate. I do not know how easy that will be.

BTW, I sent a PM to you as discussed.

RRK;360814
[URL="http://en.wikipedia.org/wiki/File:Medallionstamp.jpg"]
[/URL]
Sample of a Medallion signature guarantee stamp

Forget about local ICICI bank rep giving this guarantee.

Read more about this program here

ramanchads · Post by **ramanchads** » Wed Jun 08, 2011 1:24 am

Hi Chennai-Vasi:

Any updates on the Medallion from India? I am in the same boat! Could you figure out the procedure in India. My IRA is also 'stuck' as I am unable to furnish medallion signature.

Thanks,
Raman

sjc2pnq · Post by **sjc2pnq** » Mon Sep 03, 2018 2:45 pm

Hi, any update here? Does anyone know how to get the medallion guarantee in India? (Specifically, any information about Pune/Mumbai will be great.)