Where do you go to make money order

Money orders are official documents representing a specific monetary value, similarly to written checks. However, money orders are different from other forms of payment in a few different ways, which you can read about. What’s important to know up front is that money orders are prepaid, so you must be able to pay for the makf amount you want to include in your money order when you go to purchase it. Money orders aren’t a form of credit and don’t require a credit score, and you don’t even need a bank account to pay for one. This makes money orders odrer accessible form of payment for people in a wide variety of financial situations. In addition to paying up front, you’ll need to list a payee. The payee is the person or organization that you want to send the money to. Once the money order is created, you can mail or physically hand it to the payee. The money order must bear the signature of the payer you, if you’re the one sending it and the payee in order to be valid.

Transfers through Western Union

A money order is a small piece of paper similar to a check that allows the person named to receive a specified amount of cash. Money orders are widely available, cheap, and they offer a more secure way to make a big purchase than paying with cash. Money orders are inexpensive depending on where you buy them. Ironically, banks may actually be your worst bet because fees are all over the map. The U. Photo: Random Retail. Recommended Banks:. When you purchase a money order, you pay the full amount upfront plus a small fee. You then sign the front as if it were a personal check. Be sure to keep your receipt in case you need proof of payment or want to track when the order is received.

Plastic Yandex.Money Card

Then, your landlord would be able to deposit the money in his bank account just as if you had paid in cash or with a personal check. Here are a few situations where you might use a money order:. You can get a money order at several places you frequent. Your bank might be the most obvious, but the post office, convenience stores, grocery stores, check-cashing shops, Western Union, and Wal-Mart all sell money orders, too. Postal Service money order, take it to the post office to cash it. You can also deposit the money order into your bank account. Some financial tools you can use to pay up without getting a money order include:. Personal checks are the most obvious alternative to a money order. Maybe you lack a checking account, which is the reason you are considering a money order in the first place. If you have a checking account, you may also have access to online bill payment that lets you pay a bill without picking up a pen. Looking for the best checking accounts out there? A wire transfer is a good alternative to a money order if you need to send money as quickly as possible.

Why Would You Need a Money Order?

A money order is essentially a document similar to a check , which is used for making payments although there are some key differences. Money orders are prepaid documents and will only be issued after the buyer pays for the money order. Only a few places actually produce money orders, but many more places sell them. The two most well-known company names that produce money orders are Money Gram and Western Union. Axos Bank Axos Bank, friendly for depositing money orders, offers online banking tools and customized business banking solutions. Learn More. With over 8, locations in the U. Use MoneyGram. Walmart is another retailer you can get money orders from — and is probably one of the most competitive options in terms of price.

These money orders have a reputation for being safe around the world. Confirm the transfer with a password. Continue Reading. Specify your phone number and your Unistream card number if you have one. Please specify why. For more frequent purchases, you’ll probably want to find an alternative.

How to Send a Money Order

Yes No. Identification and Statuses. Google Loading Unanswered Questions. Before getting a money order, you need to know exactly how much the amount will be. Some so will write in the recipient’s name and other information for tp. Banks and credit unions: Your bank is also an excellent option. Money orders are used instead of checks or cash when you need to make a payment. Mail it in a business envelope. Did this summary help you?

Make transactions convenient with money orders

Money orders are used instead of checks or cash when you need to make a payment. Unlike checks, money orders can never bounce, making them a safer option for large payments.

This wikiHow will teach you how to get a money order for your next payment! Before getting a money order, you need to know exactly how much the amount will be.

Visit your bank, post office, or a local grocery or convenience store to purchase your money order. When you purchase it, tell the store how much money you want the money order to be for, and then pay them in cash, debit, or credit depending on their policy. Keep reading to learn how to pay with your money order! To create this article, 17 people, some anonymous, worked to edit and improve it over time. Together, they cited 8 vo.

This article has also been viewedtimes. Categories: Money Transfers. Log in Facebook Loading Google Loading Civic Loading No account yet? Create an account. Edit this Article. We use cookies to make wikiHow great. By using our site, you agree to our cookie policy. Article Edit. Learn mzke people trust wikiHow. Author Info Updated: June 6, Learn more Orcer on the amount of the money order.

Many establishments will ask you to pay for the money order in cash. In some cases you will be able to pay with a credit or debit card.

Go to your bank. Some banks may charge a small so, but many offer money orders for free. Some banks offer cashier’s checks, which are similar to money orders. Make sure the recipient will accept a cashier’s check before buying one instead of a money order.

Banks offer the benefit of keeping a record of your money order purchase, which could come in handy in the event that the money order gets lost. Try local businesses. Drugstores, grocery stores, and places like Walmart offer money orders for a fee. Visit a few different places and choose the one with the lowest fee. If there is a cap, simply purchase more than one money order until you have the total amount you need. Try the post office. Money orders issued by the United States Postal Service are usually replaceable if they are lost, stolen or damaged.

They are cashable in 29 other countries. Consider purchasing a money order online. If you’d rather not purchase a money order in person, an online vendor might be a convenient choice. However, online companies usually charge steeper fees than local establishments. Try a money-oriented establishment. Western Union, credit unions, and other places that handle money usually issue money orders. Check to be sure the amount is correct. The establishment that issued your money order will have printed the amount on the money order slip.

Double check to make sure it’s right before you end the transaction. Decide where to fill out the money order.

You may want to fill out the money order on the spot, rather than carrying it to another location. If the money order lands in someone else’s hands before it is filled out, that where do you go to make money order could fill in their own name and cash it.

If you do carry the blank money order to another location, keep in in a safe place on your person. When you get home, put it in a place where it won’t get lost. Fill in the «payee» blank. The first blank to fill in will say «Pay to the Order of» or «Payee.

Fill in your personal information. Some money orders will have a mmoney for you to fill in your name and address or other information. Fill in transaction information. You may want to add details about the nature of the transaction, such as the name of the item you are paying.

Sign the money order. If there’s a space for you to sign the money order, you may do so, although it fo still be cashed without your signature. First make a copy. Since money orders are often used to pay people you may not know well, it’s good to keep a personal record of the money ordsr in case a problem arises.

Make a copy of the money order and file it with your moneg records. Keep it with the receipt that came with your money order. Hand it over in person. The best way to pay with a money order is to give it directly to the recipient. This eliminates the chance that it will get lost or tampered with by a third party. Mail it in a business envelope. If you’re mailing a money order, make sure it’s in a security envelope, rather than a letter envelope.

Packaging it discreetly will prevent someone else from getting curious and attempting to tamper with the money order. If I make a mistake, can I change the name of whom I made the money mony out to? Call the money order in — go to the store where you purchased the money order and have them replace it for new one. Yes No. Not Helpful 0 Helpful Many times, banks will require you to bring an ID as proof you are the account holder. Not Helpful 1 Helpful 7. Any debit, credit, or prepaid debit cards are accepted by the post office as long as they still have sufficient chargeable credit left on.

Not Helpful 1 Helpful 3. Money orders should be able to be cashed or deposited the same as a check. You can bring it to your own bank like any check, or you can bring it to the bank that issued it to cash it.

Not Helpful 0 Helpful 4. There is no maximum limit, but by law, companies that sell money orders have to write down suspicious activity such as transactions of orders over a company’s set. Not Helpful 3 Helpful 9. It depends on the delivery service used. First class mail typically takes business days.

Not Helpful 2 Helpful 5. Will the post office accept a prepaid debit card as payment for a money order? Yes, they accept almost all forms of payment, including prepaid debit cards. That depends. If the company you are ordering from is closed during the holiday, you propably won’t get your delivery before the holiday is over, but makee should still be able to place the order during the holiday.

Not Helpful 1 Helpful 1. Not Helpful 6 Helpful 2. It depends on the institution. Most do it for free, such as the post office, while others charge a fee. Not Helpful 4 Helpful 1. Unanswered Questions.

Are gift money orders different from payment money orders? Answer this question Flag as Flag as Where does the ordre receiving the money order get it cashed if they don’t have a bank?

How to Send a Money Order

Need tto get a money order but don’t know where to get one, how they work, or how much it’ll cost you? We’ll explain how money orders work, why you might want one, and then explain the best places to buy a money order as well as the best place to cash them in if you’ve been paid with one. Money orders are really simple. In most cases, you want to find the places nearest you to buy it because the prices are so very similar.

How Much do Money Orders Cost?

The money order is backed by the company that issued it. You can buy a money order using cash or a debit card. Sometimes you can use a credit card, but that’s rare unless you’re willing to pay an extra fee plus sometimes it’s coded as a cash advance, which is more expensive. With a money order, you have to moey in the name of the person you’re paying as well as your. In this way, it’s a lot like a personal orderr. You may also have to provide your address and phone number. Since you are making a purchase, you will also get a receipt for your money order as well as a tracking number, which you can use to check on the order. When you buy the money orders at different stores, you’re usually buying from one of these issuers of money orders:. If you’re buying something and the buyer wants a secured type of payment, you could always go with cash.