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In the United States and Canada, a medallion signature guarantee is a special signature guarantee for the transfer of securities. It is a guarantee by the transferring financial institution that the signature is genuine and the financial institution accepts liability for any forgery. Signature guarantees protect shareholders by preventing unauthorized transfers and possible investor losses.
The waiver for the MQDs requirement for Medallion status is an exclusive benefit of the Delta SkyMiles Credit Card from American Express, and therefore does not vary by tier level.elta is launching a dollar based qualification requirement (MQD = Medallion Qualifying Dollar) that must be met with MQS (Medallion Qualifying Segment) or MQM (Medallion Qualifying Miles) requirement starting on January 1, 2014.