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Write the name of the payee of the money order in the “pay to” or “pay to the order of” field. This could be a person’s name or the name of a business. Print the name clearly in ink.
A money order is a safe and secure form of payment that acts as a great alternative to a personal check or credit card transaction. Here are a few key points to keep in mind:
Money order fees will vary depending on the amount of the money order and whether you are sending it domestically or to a military address. Fee for Domestic Money Orders. $0.01-$500: $2.35.
A money order is purchased for the amount desired. In this way it is similar to a cashier's check.The main difference is that money orders are usually limited in maximum face value to some specified figure (for example, the United States Postal Service limits domestic postal money orders to US$1,000.00 as of November 2023) while cashier's check are not.
Counterfeit money orders and cashier's checks have been used in certain scams to steal from those who sell their goods online on sites such as eBay and Craigslist. [9] The counterfeit cashier's check scam is a scheme wherein the victim is sent a cashier's check or money order for payment on an item for sale on the Internet. When the money order ...
A postal order or postal note is a type of money order usually intended for sending money through the mail. It is purchased at a post office and is payable to the named recipient at another post office. A fee for the service, known as poundage, is paid by the purchaser. In the United States, this is known as a postal money order.
A money order is a safe, affordable payment method that serves as an alternative to cash, checks or payment apps. Learn why you might need one and how it works.
In contrast to the Money Order, a "Postanweisung" worked as follows: The payer went to a Post office, filled in the pink form (identifying himself, the payee, and inserting some information about the purpose of the payment and the amount to be transferred), paid in cash the amount of the money to be transferred, and a fee (1 Groschen on the ...