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URL:  http://boards.fool.com/the-whole-purpose-of-the-medallion-signature-30769779.aspx

Subject:  Re: 401k withdrawal taxes at retiremtent Date:  7/10/2013  4:43 PM
Author:  TMFPMarti Number:  118850 of 121572

The whole purpose of the medallion signature guarantee is that the bank employees are supposed to know you by sight.

And thanks to technology, how often does that happen nowadays? I remember the last time I had to get a medallion signature guarantee from my bank it had been so long since I'd written a check that they had to dig up (electronically) the signature card. After, of course, I showed them ID since not one of the employees there could pick me out of a lineup.

Phil
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