Share Data Limited, a leading provider of securities valuation and transfer services, proudly announces an increase in their Medallion Stamp limit from $500,000 to $1 million.
With this upgraded limit, Share Data can now offer Medallion Stamp Guarantees for individuals selling or transferring Canadian and US securities valued up to USD$1 million.
A Medallion Signature Guarantee is an authenticated barcode stamp required for individuals dealing with estates involving US or Canadian assets or facilitating any North American share or security transfer. These guarantees are statutory prerequisites when overseeing the movement of securities and shares in North America.
Orlanda Carroll, General Manager at Share Data, has expressed her enthusiasm: “At Share Data, we are continually enhancing our services to stay competitive and meet our clients’ expectations. With this increase in our Medallion Guarantee Stamp limit to $1 million, we can handle higher-value transfers more efficiently, with fewer forms to fill out and a faster turnaround time”
Looking ahead, Share Data aims to acquire a $10 million Medallion Stamp limit, which would make them the sole provider in the UK and Europe for securities valued up to $10 million USD.
