A certificate issued by a bank or brokerage firm vouching for the authenticity of a person's signature, which may be necessary when stocks, bonds, or other registered securities are transferred from a seller to a buyer.
A signature guarantee is a written confirmation from a financial institution such as a bank or brokerage firm that a customer's signature is valid. It ensures the legitimacy of transactions involving the transfer of securities.
A stock-transfer agent acts as a third-party intermediary to manage and maintain a company’s records of its shareholders, executing various tasks such as managing securities transfers, handling lost certificates, and distributing dividends.
