Money orders have limited acceptance in the insurance and brokerage industry because of concerns over money laundering. Because of provisions within the US Patriot Act and the Bank Secrecy Act, money orders require far more regulatory processing requirements than personal checks, cashier's checks, or certified checks. Thus, most brokerage firms, insurance firms, and even many banks will not accept them as payment.
Counterfeit money orders are on the rise. A counterfeit will be sent to an unwitting victim who is instructed, on some pretext, to deposit it at his/her bank and return some of the funds. The victim is more likely to trust an �official� money order than a regular check, for the reasons given above. However, because money orders are paid through the postal service rather than the usual check clearing system, they often take longer to �bounce� than an ordinary check. When this finally occurs it is charged back to the victim, who may already have sent back the funds, for which he or she must take
The drawbacks would be money! If there isn't financial stability then there could be major drawbacks.
you spend money,they are expensive, you will have less money, more money to yourself, money is hard to come by
Go into a bank and tell a teller that you would like a money order. Easy.
Two drawbacks of recycling copper are that it causes secondary pollution and it is harder to purify in the event of other metals getting into it.
I think the benefits and drawbacks of using an ATM card will damage your bank account like the money you have in the bank could turn into negatives and put you debt.
The drawbacks or disadvantages of plastic surgery are the same for both males and females. There are always the chances of one getting an infection, slow healing, complications or imperfect results.
drawbacks of rtgs
drawback sux advantage money
There are several drawbacks to a career in housekeeping. Namely, housekeepers often work very long hours for not a lot of money. Also, the work is very labor intensive, and it can be hard on a person's muscles and joints.
One drawback of taking a student loan is that it is a lot of money to borrow. Another is that you are placing yourself in long term debt. There could also be long term issues actually receiving your student loans.
that there are no real rules for word order, spelling, or parts of speech.
A payday loan is a very risky way to obtain extra money. When you get a loan, you obviously have to pay it back eventually, and by the time you pay it back you will end up wasting a lot of money on interest and possibly on late fees. If you don't have the money now to pay for what you need, what makes you think you will have enough money plus extra to pay back your loan later?