What does the Medallion signature guarantee mean for Bank of America?

Answer

The green medallion signature guarantee is a financial institution endorsement that uses a special patented green ink called STAMP2000 ink during transfer and sale of securities. During the endorsement, the security owner's signature is verified to ensure that it is legally binding.
Q&A Related to "What does the Medallion signature guarantee..."
Need to know answer today if possible Thank you.
http://wiki.answers.com/Q/What_Banks_Participate_i...
most commercial banks should be able to do it for you (banks or financial institutions) try the big banks in taiwan, like bank of taiwan, land bank of taiwan, chung hwa etc etc. Source
http://answers.yahoo.com/question/index?qid=200910...
A program developed by the Securities Transfer Association to meet the requirements of a rule set forth by the Securities and Exchange Commission which broadened the number and type
http://www.transferonline.com/index.cfm?action=faq...
A Medallion Signature Guarantee is a guarantee that the signature is genuine, the signer is an appropriate person to endorse and the signer has legal capacity to sign. A financial
http://phx.corporate-ir.net/phoenix.zhtml?c=110365...
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