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Medallion Signature Guarantee Outside U.S.

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Question: 
I am an employee of Standard Bank South Africa. One of our clients inherited shares in Herbal Life from her late husband. In order to have the shares transferred into her name, she has been told that she needs a Medallion Signature Guarantee. We do not have this service in South Africa, and the US Consulate could not help us in this regards. Please advise how our client can obtain the Medallion Signature Guarantee here in South Africa.
Answer: 

You might want to check with some of the large US banks that have offices in South Africa to see if they can help, either locally or in conjunction with their US headquarters.

First published on BankersOnline.com 8/15/11

First published on 08/15/2011

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