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  • FIRST POST
    • WoowooG
    • By WoowooG 11th Oct 17, 6:02 PM
    • 1Posts
    • 0Thanks
    WoowooG
    Medallion Stamp
    • #1
    • 11th Oct 17, 6:02 PM
    Medallion Stamp 11th Oct 17 at 6:02 PM
    Hi,

    We are in the process of transferring USA shares , in my deceased mothers name, into our names.
    Does anyone know of a company/bank in the UK where we can obtain the necessary Medallion stamp guarantee in order to do this??

    Regards x
Page 1
    • bigadaj
    • By bigadaj 12th Oct 17, 2:35 AM
    • 10,803 Posts
    • 7,100 Thanks
    bigadaj
    • #2
    • 12th Oct 17, 2:35 AM
    • #2
    • 12th Oct 17, 2:35 AM
    Hi,

    We are in the process of transferring USA shares , in my deceased mothers name, into our names.
    Does anyone know of a company/bank in the UK where we can obtain the necessary Medallion stamp guarantee in order to do this??

    Regards x
    Originally posted by WoowooG
    There have been one or two threads in this before, do a forum search and they will hopefully pop up.
    • Keep pedalling
    • By Keep pedalling 12th Oct 17, 8:12 AM
    • 4,100 Posts
    • 4,461 Thanks
    Keep pedalling
    • #3
    • 12th Oct 17, 8:12 AM
    • #3
    • 12th Oct 17, 8:12 AM
    A quick Google will find you companies that will do this, but holding individual foreign shares can be a right pain, personally I would sell rather than transfer and stick the proceeds into a UK based fund instead.
    • AnotherJoe
    • By AnotherJoe 12th Oct 17, 9:12 AM
    • 7,676 Posts
    • 8,290 Thanks
    AnotherJoe
    • #4
    • 12th Oct 17, 9:12 AM
    • #4
    • 12th Oct 17, 9:12 AM
    I wouldnt be surprised that in order to sell you needed the stamp.
    • xylophone
    • By xylophone 12th Oct 17, 11:51 AM
    • 23,672 Posts
    • 13,795 Thanks
    xylophone
    • #5
    • 12th Oct 17, 11:51 AM
    • #5
    • 12th Oct 17, 11:51 AM
    https://www.sharedata.co.uk/index.php/2016/02/22/selling-us-shares/
    • Keep pedalling
    • By Keep pedalling 12th Oct 17, 11:59 AM
    • 4,100 Posts
    • 4,461 Thanks
    Keep pedalling
    • #6
    • 12th Oct 17, 11:59 AM
    • #6
    • 12th Oct 17, 11:59 AM
    I wouldnt be surprised that in order to sell you needed the stamp.
    Originally posted by AnotherJoe
    True, but selling does not have the ongoing issues like getting dividends paid in the form of $ checks (sic) or the risks associated with holding shares in a few single companies, and exchange rate fluctuations.
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