| Aspect | Medallion Signature Guarantee | Notary Public |
|---|
| Required credentials | Financial institution approval, specific certification | State certification, commission |
| Work environment | Bank or brokerage firm | Public offices, private practices |
| Industry usage | Financial transactions, securities transfers | Legal document authentication |
The Medallion Signature Guarantee is a specialized certification used mainly in financial transactions to guarantee signatures on securities transfers. A Notary Public authenticates signatures on legal documents but does not provide the same level of financial guarantee. While both verify identities, the Medallion Signature Guarantee offers a higher level of security for securities transfers, making it essential in financial industry transactions.