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Fill in your address where the money order asks for the purchaser’s address. There may be a second address field for filling in the address of the payee. If so, you’ll want to fill that out as ...
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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 considered less secure than cashier's checks and are meant for smaller purchases. Data is accurate as of April 9, 2024, and is subject to change.
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.
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]
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 ...
The purchaser of a supply of traveller's cheques effectively gives an interest-free loan to the issuer, which is why it is common for banks to sell them "commission free" to their customers. The commission, where it is charged, is usually 1–2% of the total face value sold. Any change for a purchase transaction would be given in the local ...