Does AET require a Medallion Signature Guarantee for outgoing transfers?

American Estate & Trust (AET) does not require a Medallion Signature Guarantee stamp on Transfer Out documents when the original documents are mailed to AET containing original "wet ink" signatures. However, AET does require a Medallion Signature Guarantee stamp for Transfer Out documents that contain non-original signatures or signature copies.

What is a Medallion Signature Guarantee?

A Medallion Signature Guarantee is a special type of verification provided by financial institutions to authenticate the signature of a person authorizing a transaction, such as the transfer of securities or assets. This verification helps prevent fraud by confirming that the signature is genuine and that the signer is authorized to make the request.

AET’s Requirements for Transfer Out Documents

• Original Signatures: When Transfer Out documents are received with original "wet ink" signatures, AET does not require a Medallion Signature Guarantee stamp.

• Non-Original Signatures: If Transfer Out documents contain non-original signatures or signature copies, AET requires a Medallion Signature Guarantee stamp. This ensures the authenticity of the signatures and compliance with AET's policies.

Summary

• If you are submitting Transfer Out documents with original signatures, AET does not require a Medallion Signature Guarantee.
• If your documents contain non-original signatures or signature copies, a Medallion Signature Guarantee stamp is required for verification.

For any questions or assistance with Transfer Out requests, including Medallion Signature Guarantees, feel free to reach out to AET's Support team.