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The Postal Service, for example, allows you to buy money orders up to $1,000 if you’re sending it within the U.S. On top of the price of the money order, a $1–$10 fee typically applies ...
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.
The U.S. Postal Service charges just $2.35 for a money order up to $500 and $3.40 for money orders from $500.01 to $1,000. Walmart charges a maximum fee of $1. Chase, the largest bank in the U.S ...
You can purchase more than one money order at a time. However, if you purchase $3,000 or more in money orders within the same day, you’ll need to fill out a form and provide a government-issued ...
This company offers money orders for a fee of just $0.65 each; this could vary by location, though. You can purchase money orders with your debit card as opposed to cash and incur no additional ...
Also, a money order or other financial instrument may be signed once upon receipt, then signed again by the same person when presented for payment, as an indication that the bearer is the same person who originally received the item, and not a thief who has stolen the item before it could be carried to the place where it was to be presented. [1]