answersLogoWhite

0

Typically, the purchaser of a money order written out to someone else cannot cash it themselves. The recipient's name on the money order designates them as the intended payee, and only they can cash or deposit it. If the purchaser wants to cash the money order themselves, they would need to have the recipient sign it over to them, or they may need to request a refund or replacement from the issuer, depending on their policies and procedures.

User Avatar

ProfBot

10mo ago

What else can I help you with?

Continue Learning about Finance

How do you fill out a moneygram money order?

Filling out a MoneyGram money order can be done in a couple easy steps. All you need to do is, sign your name where it says purchaser, fill in your address where it says purchaser address, and write what the money order is for where it says memo.


Can a money order be cashed without purchasers signature?

Technically, no. The Purchaser's signature is like the signature on the front of a personal or commercial check. Some money orders do not have a place for the Purchaser's signature, but at least a place for the purchaser's name and/or address. If the money order were cashed or deposited by an individual, the originating bank may reject the money order stating that there was no official authorization for issue. In other words, they could argue that some shady employee could have cut the money order on the sly for their own personal gain. Therefore, the funds would be bounced and the depositor or person cashing the money order would incur a fee.


What is a written set of instructions that tells a bank how to use money to pay someone?

a check


What does a money gram money order look like?

Hey it has the money gram/ money orders with a red circle thingy at the top at the bottom it has ur name also the purchaser. Now on the left it has the date they for it the reference % I think than it displays holograms


How do you fill out a moneygram money order from WF national bank?

1. Pay To the Order Of: Name of the individual/organization to whom the money order is payable2. Purchaser, Signer for Drawer: Signature of the purchaser of the money order3. Address: Address of the purchaser of the money order4. Detach stub: Only remove the detachable receipt stub. Paymaster money order receipts are can be found on yellow tissue, which can be removed from the back of the money order. DeltaWorks money order receipts are on a detachable side stub. Purchasers should retain the money order number and receipt stub for their records. This number is required for tracking purposes.Note: Date the money order is issued. If the money order is not used or cashed within one (1) year of the date of purchase (three (3) years if the money order is purchased in California), a non-refundable service charge will be assessed (where permitted by law) pursuant to the SERVICE CHARGE AGREEMENT printed on the back of the MoneyGram Money Order.

Related Questions

If you purchase a money gram money order but already fill the money order out to someone else can you still be able to cash it with the stub?

If you endorse the line that reads "Purchaser," then you should be able to sign the back with the endorsement "NOT USED FOR PURPOSE INTENDED." This endorsement changes the Payee from whomever appears as Payee to the Purchaser.


Do you sign a cashiers check if you are the purchaser?

Cashiers checks, also known as tellers checks or bank checks, are signed by a representative of the bank, not the purchaser. Money orders are typically signed by the purchaser.


What does a car loan estimator do for the purchaser?

A car loan estimator allows the purchaser to budget how much money they will need to buy a car. The calculator will also allow the purchaser to allocate funds for the upcoming interest payments.


How do you fill out a moneygram money order?

Filling out a MoneyGram money order can be done in a couple easy steps. All you need to do is, sign your name where it says purchaser, fill in your address where it says purchaser address, and write what the money order is for where it says memo.


Can you send an anonymous money order to a friend?

Someone must purchase and sign the money order. You could have someone that the friend does not know purchase and sign it so they won't know it was you. You could also purchase a treasurer's check from the bank, which a banker will sign. Ask first if the purchaser will be listed on the check.


More you have the more I get?

It meams someone is scaming, they r using u to get money for themselves


Can you file a garnishment with IRS on someone?

The IRS can only garnish for themselves, If you are owed money and get a judgement, you can garnish someone yourself.


How much money does a Purchaser in Canada make?

nothing, except you can resell products you buy, then you could make some money.


Why someone always like to cost others money?

People always like to earn money for themselves, unfortunately at cost to others.


Is a co borrower the same as a co purchaser?

No. They are not interchangeable.Two people who buy an item are co-purchasers and also co-owners.Two people who sign a note to borrow money to pay for the item are co-borrowers. A co-borrower is not necessarily a co-owner. A co-borrower could be someone who agrees to help the purchaser obtain financing to purchase the item.No. They are not interchangeable.Two people who buy an item are co-purchasers and also co-owners.Two people who sign a note to borrow money to pay for the item are co-borrowers. A co-borrower is not necessarily a co-owner. A co-borrower could be someone who agrees to help the purchaser obtain financing to purchase the item.No. They are not interchangeable.Two people who buy an item are co-purchasers and also co-owners.Two people who sign a note to borrow money to pay for the item are co-borrowers. A co-borrower is not necessarily a co-owner. A co-borrower could be someone who agrees to help the purchaser obtain financing to purchase the item.No. They are not interchangeable.Two people who buy an item are co-purchasers and also co-owners.Two people who sign a note to borrow money to pay for the item are co-borrowers. A co-borrower is not necessarily a co-owner. A co-borrower could be someone who agrees to help the purchaser obtain financing to purchase the item.


Can a money order be cashed without purchasers signature?

Technically, no. The Purchaser's signature is like the signature on the front of a personal or commercial check. Some money orders do not have a place for the Purchaser's signature, but at least a place for the purchaser's name and/or address. If the money order were cashed or deposited by an individual, the originating bank may reject the money order stating that there was no official authorization for issue. In other words, they could argue that some shady employee could have cut the money order on the sly for their own personal gain. Therefore, the funds would be bounced and the depositor or person cashing the money order would incur a fee.


What is a written set of instructions that tells a bank how to use money to pay someone?

a check