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Here’s what the process of buying a money order looks like: Bring your money and identification to a bank branch or location that sells money orders. Pay for the money order. Fill out the money ...
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 ...
Check with your bank and the money order issuer for their policies on this. At Western Union, you can’t change the payee’s name on the money order but you can submit a refund request through ...
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 ...
Money orders are a safe alternative to checks. Find out how to properly fill one out so you can use money orders to send money, make deposits and pay bills.
The description column on deposit slips has been used for over 100 years in the U.S. to notate where the bank should send the check to reclaim the money; this was done at first by notating in words the name of bank or its location. [9] The bank's transit number, also called bank number, began to be used instead of words.
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