\u00a9 2023 wikiHow, Inc. All rights reserved. If we don't accept a particular type of cheque, the app won't accept the cheque and you will be directed to take the cheque to a branch or Post Office where . However, this does not influence our evaluations. A system-generated customer receipt or system-generated PS Form 3544, Money Order Voucher Entry System (MOVES) and Small Post Office Reporting Tool (SPORT). There is no limit on the number of money orders that may be sent to a payee during any time period. If you paid the $60 fee for expedited service when you applied and you did not receive expedited service, you may be eligible torequest a refundof this fee. Primarily for applicants in the U.S. [deleted] 4 yr. ago BobbyMunson 4 yr. ago There are shops that will cash a cheque for you and take a percentage of the amount. Many have a $1,000 limit, including those that you purchase at banks. 2023 Money Crashers, LLC. You can send up to $1,000 in a single order anywhere in the United States. (Read about credit card interest, aka APR.). Step 1: Buy a money-order certificate from a third-party provider, such as your local postal service (Post Office, USPS etc), bank or money transfer branch. Consider these pros and cons before you use one. These con artists use fake money orders as payment, knowing that it will take time for a bank or credit union to detect the fraud. These checks can be deposited or negotiated at a bank or financial institution. Cash and cheques. Unfortunately, you can't cash a postal order online. If any problems arise, contact the place where you bought the money order to get help. See NerdWallet's picks for the best high-yield online savings accounts. Its easier to put in your pocket than a big wad of cash, and it cant bounce like a personal check. Where Can You Cash a Money Order for Free? 250. A money order payable to a business or other organization may only be cashed at their financial institution. Money transfer agents (convenience stores, supermarkets, etc.). This article was co-authored by wikiHow Staff. Money orders are cashed for the exact amount on the order. Do not sell or share my personal information. If you have already sent the money order, make sure you still have the receipt stub with the serial number. Applying at a Passport Acceptance Facility for Service by Mail Passport application fee (and expedited service fee, if selected) must be paid by check or money order made payable to "Department of State." Passport Acceptance Agent Fee may be paid by money order or bank draft. You can get a money order at a post office, Walmart, Western Union and other places. A money order is a safe alternative to cash or a personal check; it works like a check so you can cash it or deposit it into a bank account. We may have financial relationships with some of the companies mentioned on this website. Because they're widely accepted as the equivalent of cash, money orders are a popular means of making payments around the worldbut that also makes them a favorite tool of con artists and forgers. While we do our best to keep these updated, numbers stated on this site may differ from actual numbers. If you arent sure if your money order will be accepted in the country youre sending it to, check in advance, because it could take time to have your money order refunded if you need to cancel it. Generally, you must pay for money orders with cash or debit card. Pay the dollar value of the money order plus the issuing fee. Betterment Cash Reserve Paid non-client promotion. However, if youre making an international money transfer, Online money transfer services like Wise may be faster, cheaper and easier. You can. The Postal Service employee must request to see photo- bearing identification that also contains the customer's signature. It costs $4 for a money order of up to $1,000. The following is an outline of Postal Service policy and minimum requirements for cashing Treasury checks: 2> Request to see photo-bearing identification that also contains the customer's signature (see section 312.3). See additional requirements for money orders made out to organizations, more than one person, and minors. So how do we make money? You can pay for a licence by cheque or postal order if you're paying the full fee of 159. The employee must record the identification number on the face of the Treasury check. [Revise the title and text of 314.3 to read as follows:], 314.3 Cashing Postal Service Commercial Checks. Xoom and PayPal are both great money transfer providers, but ultimately, which one is better? site that submits PS Form 3533 to the Scanning and Imaging Center (SIC) for a payment must provide supporting documentation that will validate an entry to AIC 280 as follows: Note: If the required support documentation is not attached (use a paper clip) to the PS Form 3533, the refund request will not be processed and will be returned to the Post Office, retail unit, or PostalOne! Take a primary photo ID with the money order to any Post Office location. 4> Do not cash Treasury checks payable to a business firm, an organization, a society, an institution, a government agency, a corporation (LLC or other), or a partnership at Post Offices or postal retail units. For example, the Postal Services charges $1.20 for money orders up to $500, $1.65 for those between $500.01 and $1,000, and $8.55 for all international transactions. Unlike checks, money orders dont include your bank account number, and they help ensure that only the recipient can use it, unlike mailing cash. Take cash, a debit card, or a travelers check. Not all money orders work abroad, but U.S. Options include a drivers license, a passport, or a military ID. If no conjunction is used, then all listed payees must sign the money order in the presence of the accepting employee and provide photo-bearing identifications (see section 312.3). 1. Western Union vs. PayPal: Which one is cheaper in 2023? All financial products, shopping products and services are presented without warranty. Most banks won't allow you to deposit money orders into the checkless checking accounts . Annual percentage yield (variable) is as of 02/06/2023. Money orders are recommended for transaction that total less than $1000, and they can also be cashed at the post office with the proper identification. Our fees listed on this page are for those applying for or renewing their passport in the United States and renewing by mail from Canada. Must be purchased in a branch. Not in the UK. At MoneyGram, for example, it costs $40 and can take 60 days to process. UNITED STATES POSTAL SERVICE The verified signature of the payee or purchaser shown on the money order may be accepted with the exception of the following conditions: a. Handbook F-1, Post Office Accounting Procedures, Appendix A Account Identifier Code and General Ledger Account Crosswalk, - Revenue and Field Accounting, Finance, 4-28-05. If you dont have a bank account, or if your bank is closed when you go to cash the money order, there are many other places to do it. Rural carriers may cash money orders if they have enough money on hand. The following is an outline of Postal Service policy and minimum requirements for cashing Postal Service commercial checks: 1> Verify that the customer's name and address is on the check. For more information on a passport for a child, please seeChildren Under 16. These money orders may be deposited or negotiated at a bank or financial institution. A copy of the power of attorney must be submitted and filed at the local postal unit. Visit the companys website or call its listed phone number and ask it to check the serial number on the money order. Unlike checks, money orders dont include your bank account number, and they help ensure that only the recipient can use it, unlike mailing cash. U.S. DEPARTMENT of STATE BUREAU of CONSULAR AFFAIRS, Applying for a U.S. Passport from Outside the United States, Applying for a Passport from Outside the United States webpage, It depends on your situation since you may need to complete either Form. This is because the Post Office has to send the cheque to the customer's bank before it can be entered into the clearing system. You'll also need to pay the associated fee. Naturally, taking it to a check cashing place would cost you a percentage of the money order amount. Credit cardsat U.S. postal facilities and some other locations. Learn more about refunds on our Refund of Expedited Passport Fee page. Have a look here and check your bank: https://www.postoffice.co.uk/branch-banking-services guy_threepwood 5 yr. ago I had to do one of these recently. Minimum amount. You also prepay for a money order when you buy it. Check out our list of common questions and answers. Many or all of the products featured here are from our partners who compensate us. We'll replace money orders that are defective or damaged. Postal money orders, Postal ServiceTM commercial checks, and Treasury checks may be cashed at Post OfficesTM or postal retail units provided the offices conform to the Postal Service policy and minimum requirements outlined in Handbook F-1, 2> Verify that the money order is not on the Missing, Lost, or Stolen U.S. Money Order Forms list, provided in the most recent issue of the, Other postal money orders are cashed at Post Offices and postal retail units such as replacement money orders and international postal money orders issued by countries listed in the. At others, its a percentage of the total amount. Her work has been featured in. Youre worried about bouncing a check. Some fraudsters purchase a money order for a small sum, then erase it and print over it with a larger amount. Fill in the Name of the Recipient. Without the receipt, you'll likely have to file a research request to find your money order's serial number, and that's expensive and time-consuming. For information on charges and an order form, call 1-800-238-3150 or go to the PostalPro website at http://postalpro.usps.com/address-quality. If no conjunction is used, then all listed payees must sign the money order in the presence of the accepting employee and provide photo-bearing identifications (see section 312.3 of Handbook F-1, Post Office Accounting Procedures).