My bank (Wells Fargo) said they no longer do the medallion guarantee anymore. I sent the "change of bank account" form to TD with a note indicating that I was unable to get the medallion guarantee at Wells Fargo where my checking account resides and they still followed through with the account change with no problem. Sure enough, according to Wikipedia, fewer banks now furnish this service.archbish99 wrote:They've recently added the requirement that adding a new linked bank account requires a medallion guarantee on the form with the bank info. (See page 2, here.) They also require medallion guarantees on Powers of Attorney to allow the agent to interact with Treasury Direct. (Page 2, here.) In both cases, they explicitly say that notarization is not acceptable, which is one reason they ignore most POAs, since all 50 states consider a POA valid with a notarized signature.LadyGeek wrote:Medallion signatures are required here:How Do I Transfer Securities from Legacy Treasury Direct to TreasuryDirect, which appears to be used for transferring existing securities to the online version. I don't use TreasuryDirect, but I don't see where else a Medallion signature is needed (for individuals).retiredjg wrote:...The several mentions of Treasury Direct's medallion requirement make me concerned about suggesting I Bonds. At the very least, if this is correct, it needs to be mentioned in the I Bond section of the Wiki.
http://en.wikipedia.org/wiki/Medallion_ ... _guarantee