Trying to open an account on TreasuryDirect to buy i bonds, and I am required to get an authorized certifying officer to sign a form to complete the process to open an account. Anyone know what that is? I went to my bank and asked, they don’t think they can sign it 🧐

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It’s medallion verification I believe. There are Reddit threads regarding this. I guess it only happens to a small number of people and is a timely process: you can get the verification but if your desire was to lock in the 7% rate for 6 months and get the 9% rate for the following 6, I believe you are screwed (at least from my understanding of the timeline; I could be wrong).

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Yes your bank should

The back of the form (or second page) explicitly lists the acceptable signature guarantees and types of institution that provide. Medallion is one of the options, but your bank might be comfortable with one of the others listed.

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