Medallion Signature Guarantee (STAMP) Bonds
Secure | No Obligation | Takes 2 Minutes
What Are Medallion Signature Guarantee Bonds?
Medallion signature guarantee bonds are required once a guarantor joins the Securities Transfer Agents Medallion Program (STAMP). Kenmark Financial Services, Inc. has created bonding requirements to hold guarantors financially liable for following all rules of the STAMP program.
The following terms may be used interchangeably to refer to this bond:
- STAMP bond
- Medallion signature guarantee bond
- Securities Transfer Agents Medallion Program bond
We also issue a specific STAMP bond for financial institution enrollees in New York.
How Much Do STAMP Bonds Cost?
A STAMP bond costs a small percentage of the bond amount based on your credit score, typically 1–10%. Some markets may also request collateral at 2x the value of your bond.
To get your personalized quote, apply now or call 1 (800) 308-4358 for assistance.
How Do STAMP Bonds Work?
A STAMP bond binds three parties in a legal contract:
- Principal: The guarantor joining the Securities Transfer Agents Medallion Program
- Surety: The provider issuing the bond to the principal
- Obligee: Kenmark Financial Services, Inc.
Kenmark Financial Services, Inc. can file a claim to recover losses incurred by a bonded guarantor. The surety will pay out valid claims and then seek reimbursement from the principal.
How to Get a Kenmark Financial Services, Inc. STAMP Bond
SuretyBonds.com provides the fastest and easiest way to get a STAMP bond. Just follow these four steps:
- Apply online at SuretyBonds.com
- Get a free quote within one business day
- Purchase your bond
- File the bond with Kenmark Financial Services, Inc
Our surety experts are here to help with the application process. Call 1 (800) 308-4358 for assistance.
How Do I Renew My Medallion Signature Guarantee Bond?
Kenmark Financial Services, Inc. STAMP bonds expire annually. A SuretyBonds.com representative will contact you with renewal instructions and an invoice to keep your bond active before your term ends.
How Do I Update My Medallion Signature Guarantee Bond Form?
If you need to update any information on your bond form, call 1 (800) 308-4358 or email [email protected] and one of our friendly representatives will be happy to help.
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Have Questions?
Call 1 (800) 308-4358 to talk with a Surety Expert today.
