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Colonial Stock Transfer
Colonial Stock Transfer

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Unique-Benefits Offered By Digital Medallion Signature Online

Medallion signature guarantee is considered an important transfer document. You still have to keep in mind that MSG is not officially issued by EDGAR online. EDGAR is online SEC portal for clients.

It offers trading convenience, making documentation easy and simplified for clients. The filing system on EDGAR is in digital format. This requires a financial institution guarantee when any trade is executed. This is where Medallion Signature Guarantee Stamp comes into play.

Better documentation security

Any transaction online needs authentication. For investor’s this is considered high-level protection. A valid stamp will indicate that the document is not forged.

• MSG is considered a signer's guarantee on any document online on EDGAR

• It stands for valid liability

• It makes it easy to identify document fraud on the portal

Faster processing

If the work flow is online, then the need for a printed document is negligible. A digitally stamped document also means there is no need to produce a physical document for verification. Thus, the document processing stage is completed faster in time.

You can submit a stamped document for easy document transfer and processing. This will in fact reduce turnaround time for clients.

** Improved document tracking**

An audit trail is necessary for document transfer. Valid stamp on the document also proves the date when the transfer was officially completed.

This also means that the document you view online is approved, reviewed and verified by the authorities.

A digital stamp indicates that the processing was convenient. The document you view online has in fact been submitted by the authorized signatory person. A valid stamped document can be used multiple times. This process simply will reduce paperwork.

Another great advantage of Medallion Signature Guarantee Stamp is that remote processing becomes more convenient for clients – guarantors, brokers and bankers alike. If a document is stamped and digital, then the chances of document loss are minimised. It offers security for administration as well.

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