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A money order is safer from the point of view of the seller. it cant bounce like a cheque can.

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16y ago

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What is money order-?

A money order is a payment of a pre-scheduled amount of money that you can send to someone or receive. You can go to a store or a bank. The money order must be paid in full at the time of purchase. You can also use this by US mail if you don't want to write out or pay with a personal check.


How do you transfer money from your bank account to someone else's at a different bank?

You, uh, write them a check or, if it's savings, you buy a money order or cashier's check that you pay for with a withdrawal slip from your savings account plus, probably, a small fee.


Can you cash a money order already made out to someone else?

Well, technically you can't cash a money order made out to someone else because it's not in your name. You could try endorsing it over to yourself, but good luck finding a bank willing to take that risk. Your best bet is to return it to the original sender and ask them to issue a new one in your name.


What is a money order and how does it work?

A money order is a secure form of payment that is similar to a check. You purchase a money order for a specific amount of money and then it is issued by a financial institution. The recipient can then cash or deposit the money order just like a check. It is a safe way to send money because the funds are guaranteed by the issuer.


What information is needed on a money order to be deposited?

A money order is deposited just like a check would be. Make sure your signature is the same as the check is written out to.

Related Questions

What is a bank money order?

A money order is a payment order for a pre-specified amount of money. Because it is required that the funds be prepaid for the amount shown on it, it is a more trusted method of payment than a personal check. Merchants welcome the extra security of a pre-paid money order instead of a personal check, which can bounce.


Can you send an International money order to someone in Iran from the United States and they will have no problem cashing the international money order in Iran?

There is not a lot of places that will allow you to send money orders to international places. I would just call around and check. check


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.


How can you get money if you are in Australia if you get a check from someone in America to pay you for a job or something?

The employer from America should send you a Western Union money order. These can be cashed anywhere in the world.


What is the homophone an order for money?

The homophone for an order for money is a "check" and "cheque." Both spellings are correct depending on the region.


How do you get a refund from a money gram money order when you made out to someone and they sent it back to you?

One can get a refund on a money gram money order when it is made out to someone who sent it back by checking the swift number on the money gram order and placing a block on it.


Where can you check to see if a money order from money gram has been cashed?

checking to see if money order R202715632823 has been cashed


What is money order-?

A money order is a payment of a pre-scheduled amount of money that you can send to someone or receive. You can go to a store or a bank. The money order must be paid in full at the time of purchase. You can also use this by US mail if you don't want to write out or pay with a personal check.


When you order something on amazon do you have to a use card?

No , you can use a money order instead of a card .


How do you transfer money from your bank account to someone else's at a different bank?

You, uh, write them a check or, if it's savings, you buy a money order or cashier's check that you pay for with a withdrawal slip from your savings account plus, probably, a small fee.


Can a money order be tacked if someone. Deposited it?

No


Can i pay anybody with a convenience check?

You probably can pay them with that, but they don't have to accept it, and could demand cash, money order or cashiers check instead. Many businesses these days are no longer accept checks for immediate purchase.