Step 2: Once you are ready to give the money order to the agent, you’ll need to endorse the money order by signing your name on the back of it. When you send a money order as a payment for goods or services, keep the stub as a way to track it for security purposes. Since many money orders are not issued by banks themselves, they are not obligated to cash a money order from non-customers or those without proper identification. They are considered "safe" forms of payment because you can only purchase them with cash (or cash-like instruments such as a debit card or cash advance on a credit card). Western Union ® money orders offer a reliable, convenient alternative to cash or a check. When you contact the issuer of the money order to request a cancellation, they'll check to see if it has already been cashed. Your money order receipt will help you track your payment and show proof of value in case the money order gets lost, stolen, or damaged. This is in addition to the face value of each Money Order purchased. The money order was made out in my uncle's name. U.S. It may be necessary to cash a money order before deposit if a bank does not allow the deposit of money orders. Money orders can be more difficult to track than a personal check—to find out whether the money order has been cashed, for example, can require forms and take weeks. Always ask first before endorsing your money order with a signature, as you must sign it in front of the postal worker cashing it. Take the money order to your bank. I recently mailed a $400 money order to my uncle in Colorado. With a money order, all you have to do is cross out the recipient's name and put your name in over top of it. If someone opens my mail and discover the money order, can he/she cash it in? If your lost money order has been cashed, ask for a copy from the issuer. A money order which specifically mentions a bank's name may be cashed at a local branch of that bank, provided the recipient has proper identification. The money order must be a valid U.S. money order to cash or deposit. Consider unloading your cash as soon as you can so you’re not carrying around a large sum of money. If all goes well, the issuer will cancel the old money order and send a new one. Sign the back of the money order. A cash drawer at a post office in a small town may not feature the reserves necessary to cash a $1,000 money order but could process a $100 transaction. First things first: I have to assume that YOU filled out the money order. It’s really easy to cash a check with Ingo Money. Once the issuer accepts payment, it will verify your information and research whether the money order was cashed. You can take the money order to your bank, credit union, grocery store, and some retail stores. A money order, like a check is a negotiable instrument. You can also cash a money order at Walmart (make sure you bring a photo ID) – but only if it was purchased at a Walmart store. At this point, it’s a good idea to make a note of the location your money order was made in case you ever lose the receipt. If you already made the money order payable to someone else, then on the endorsement line you must write "Not used for purpose intended," followed by your signature. Sending Money Orders . If the minor is unable to sign his name on the money order, most banks will simply request that the minor's name be printed clearly on the back of the money order, followed by the parent's signature directly below. When you receive a money order, it’s important you’re careful when you’re taking it to be cashed.. Should the money order be lost or stolen, the bank can trace where it paid on or deposited using the tracking number. Just open up the app. After you provide cash or a debit card, you'll be given a money order with the payee's name and address on it, along with your name and address. Money orders are similar to cashier's checks. Money orders are one of the fastest and easiest ways to make payments or send cash securely. The back is where the recipient signs in order to cash or deposit the money order amount. The best part is that you can get your money in minutes. Postal Service money order, take it to the post office to cash it. 4. Choose when you want your money, and where you want your money to be deposited. To cash a money order, follow these steps: Take your money order to a place that will cash it, such as a bank, credit union, grocery store or post office. 2.2: Direct Service: The Direct Service enables a customer to purchase a postal Money Order and send it directly to the payee in Canada where the Money Order is cashed at its face value. 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