The cost is $6.25, and you will need your original receipt showing the serial number and dollar amount, as well as information about the recipient and issuing post office. Why do I have to pay to cash a money order? Some money order providers accept a credit card for the purchase of money orders, but doing so may result in additional fees from your credit card company. I need to to thank you In addition, the back of the money order should be signed by that payee in the presence of the cashing institution's cashier. Walmart has over 4,700 locations in the U.S. alone. If the money order was issued by a bank and you don't have a branch of that particular bank nearby, you still may be able to get the money order cashed at a different bank. These same places generally will also cash a money order they have issued, or you can deposit a money order into your bank account. You can purchase a money order at any U.S. Post Office. A money order is a secure payment method for sending a prepaid amount. They may not have updated their ID to reflect the change. Show your identification to prove that you’re authorized to cash the money order. Stay up-to-date with the latest financial guidelines and resources here. Money orders are a trusted way to send cash, especially when a paper check won’t suffice or isn’t available. How Much Do Youtubers Make & How to Become a Youtuber, How Much Your Monthly Food Budget Should Be + Grocery Calculator, Free Budget Template: Easily Track Your Finances. Many establishments will ask you to pay for the money order in cash. We know ads can be annoying, but they’re what allow us to make all of wikiHow available for free. Large companies and banks with many branches may have different fees depending on the location. I lost some money orders that weren't filled out. If you’re wondering how to cash a money order, we’ve laid out the step-by-step guide below, along with a list of where to cash a money order. Using money orders internationally instead of other payment methods offers several benefits.2 One of them is convenience: a bank account is not required to purchase a money order. If you deposited the money order in your bank account, you typically can also receive at least a portion of it back in cash. I definitely really liked every bit You cannot change the name of a payee on a completed money order. Don’t write anything on the back. They can be used to transfer money in both Canada and abroad. Sometimes, especially in smaller towns post offices may not do enough business in a day to cash a large money order. Can I still deposit it? You might want to identify backup locations as well, in case the one convenient to you is unable to cash your money order. You can find a … Especially if your money order is for more than a couple hundred dollars, they may not have the cash on hand to cash it. Mint has you covered during coronavirus. How to Get Your Western Union Money Order Refund. When you've found the specific location, it's worth calling in advance to confirm any information you already know. Certain retailers will cash money orders. Wondering how to cash a postal money order? Banks and other companies that cash money orders typically will accept a driver's license, passport, or other valid government-issued photo identification. If you aren't going to be able to get the money order until late at night, for example, you may not be able to use the places with the lowest fees. Research the location where you will cash your money order. Walmart. A logo or other insignia will tell you what bank or other business issued the money order. Stores that cash checks, whether they’re your paycheck or a payment from a friend, often provide money order services. To cash your money order, bring it to a bank along with some ID. Decide on the money order amount. https://www.nerdwallet.com/blog/banking/money-orders/, http://firstquarterfinance.com/where-can-i-cash-a-money-order/, http://www.wisegeek.org/how-do-i-cash-a-money-order.htm, https://www.usps.com/shop/money-orders.htm, https://www.westernunion.com/us/en/money-order.html, https://wallethub.com/edu/can-you-buy-a-money-order-with-a-credit-card/20407/, consider supporting our work with a contribution to wikiHow. Whichever bank you go to, make sure bring a valid form of ID, like a driver’s license or passport. Go to any Post Office location. Intuit may, but has no obligation to, monitor comments. References. If you lose your money order before you can cash it, contact the sender as well as the bank or company that issued it as soon as possible. While fees are typically small for money orders, they may differ from location to location. Once you've purchased the money order, that money is essentially out of your hands. For example, you might say "Are you sure the fee will be $7? When your recipient cashes the money order, the name on the money order will need to match the name on their ID. You may wish to notify the sender that you successfully cashed their money order. Every U.S. post office accepts debit cards as payment for money orders. In that case, you can visit another post office or come back at a later time. You'll be charged more interest on a cash advance than you would for a regular purchase—sometimes a lot more. If someone finds your blank money order, they can fill it out for themselves and cash it. The money order is still good unless it says otherwise on the face. Wait to add your signature to the back of the money order until you’re ready to hand it over to the cashier. Look in the upper corners of the money order, or along the bottom for a line that says "Issuer." Here are some scenarios when you may wish to use a money order: When sending a money order — whether it’s at a bank, convenient store, or post office — be sure to keep your receipt for tracking purposes. The hours of operation also come into play. Keep reading to find out about what you can expect from a typical online money order. Postal Service, cash them if they have the cash on hand, while some sellers might not cash them at all. … Look for a logo on the money order. Some banks and check-cashing stores also may request your right thumbprint next to your signature on the money order. If your money order is for a large amount, call ahead. where can u cash in moneygram order here in phil Iligan city lanai del norte . I failed to deposit money order just about three years old. pay in cash or use a debit card (where available). If you plan to charge a money order, be aware that your credit card company may consider a money order purchase to be a cash advance, which has some significant downsides. After receiving your cash, you can either deposit it into your bank account or utilize the funds for what you need. Money orders are a secure way to send cash, especially if you don’t have a checking account or are receiving a payment in the mail. Understand where you stand financially to achieve the life you want. International money orders are limited to $700. It's generally a good idea to avoid check-cashing stores if at all possible. Note that it’s best to fill out the money order soon after purchase in case it gets lost or stolen. One of the easiest ways to receive your funds is to cash a money order at the bank. This is in addition to the face value of each Money Order purchased. Only purchase a money order with a credit card as a last resort. If you can't pay using a debit or credit card, a money order is a cheap and relatively easy alternative to get your money where it needs to go. show a valid piece of government-issued photo ID for all Money Orders of $3,000CAD or more (including fees and exchange, if applicable). Western Union is the largest global cash transfer service. You can purchase and cash a money order from: The U.S. Alternatively, find one that doesn't charge to cash it but gives you a worse rate, meaning they're charging you invisibly. Western Union ® money orders offer a reliable, convenient alternative to cash or a check. It's always good to call a nearby branch and ask them. One advantage of checks over money orders is that you can't cancel a money order if you suspect fraud. To cash a money order, choose the right location and prove that you are the intended recipient of the funds. They usually offer quick service with reasonable fees. Many sellers of money orders, such as the U.S. Call ahead to the location if you have any questions about cashing your money order there. By using our site, you agree to our. If the money order is lost or damaged, the receipt likely will be too, and then you'll be unable to do anything. wikiHow's Content Management Team carefully monitors the work from our editorial staff to ensure that each article is backed by trusted research and meets our high quality standards. % of people told us that this article helped them. This article has been viewed 1,051,479 times. Credit union. Intuit does not warrant or guarantee the accuracy, reliability, and completeness of the content on this blog. Sometimes a post office may not have enough funds available to cash your Money Order immediately. Even though the grocery store may be open 24 hours, they may not cash money orders at all hours. If you've already signed it and it falls into the wrong hands, they could potentially cash it. There is a fee for buying a money order from MoneyGram or most other organizations that sell them. You will also need to provide identification no matter where you’re cashing your money order. Show receipts, if you have them, and ask to cancel the orders. At the bottom, where the money order says “Purchaser’s signature,” make sure you sign it. 2. Knowing this in advance can save you a trip. Don't send the receipt along with the money order. The views expressed on this blog are those of the bloggers, and not necessarily those of Intuit. It's best not to sign the money order until you are ready to hand it over to cash it. Click here to read full disclosure on third-party bloggers. You can also send out a package or purchase postage stamps while you’re there. How to Cash a Money Order 1. If you really can’t stand to see another ad again, then please consider supporting our work with a contribution to wikiHow. With a variety of locations available to cash a money order, it’s a convenient service to use with minimal fees. If you have a checking or savings account at a bank, you can deposit most money orders. Click here to read full Terms of Service. You can then cash or deposit the money order as you wish; see our list of places where you can cash a money order. Take a look at which entity issued your money order. Give it to the teller with your money order. This article was co-authored by our trained team of editors and researchers who validated it for accuracy and comprehensiveness. Some but not all grocery stores allow you to cash a money order. They can be purchased with cash, debit card or travelers checks. . Terms, conditions, features, availability, pricing, fees, service and support options subject to change without notice. Then, sign the back of the order to endorse it. It lets you send and receive funds domestically or internationally from over 200 countries and 500,000 sites in the Western Union network. A money order functions like a prepaid check, and someone who receives one can normally cash it or deposit it into a bank account. Publix. This makes the money order official and cashable by the recipient. You may have to pay a fee to cash a money order, although the fees tend to be low. Have you heard of money orders but are not sure what they are or when they’re used? A money order is a piece of paper that’s a safe alternative to cash or personal checks. Check with the specific location to make sure. Above all, maintaining financial stability and security is of the utmost importance. The name of the recipient and the name of a financial institution that issued the money order usually appears on the document, making it difficult to steal a money order. You cannot pay with a credit card. There are 18 references cited in this article, which can be found at the bottom of the page. From budgets and bills to free credit score and more, you’lldiscover the effortless way to stay on top of it all. things on your blog. Endorse the money order like you would a check.. Sign your name on the back. Acceptable payment methods for postal money orders include cash, debit cards and … If you made it out to somebody else and still have it, it might look like you stole it when you attempt to cash it, so go to a bank and … I was excited to uncover this site. Research source. Sometimes it's too risky to send cash, or your recipient wants to have immediate access to the funds. Consider the cash advance fee before purchasing a money order with a credit card. Fortunately, money orders are a convenient and affordable way to send guaranteed money to any recipient of your choosing. In most cases, your best bet will be to pay for your money order with cash, personal check, or debit card. If you already made it out to yourself, same advice. Keep in mind that some banks have a maximum amount they will cash, so if you’re money order is for over 500 dollars, check the restrictions for different banks. However, depending on who issued the money order, it may be a day or two before you can access the funds. Depending on where you live and the places you frequent, some of the options below may be better suited for you than others. You may also be able to obtain a refund for a money order that you purchased and gave to a payee who did not cash it. Institution where you already made it out to yourself, same advice, including how to get your Union. Easy ways to receive emails according to our the name on the back of the easiest place cash. Variety of locations available to cash the money order back to its place of purchase to try cash. Who validated it for accuracy and comprehensiveness most cases, your best.... 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