Sometimes you need to send money through the mail to friends, family, or in a business transaction. One of the most secure ways to do this in the United States is to send a money order. A money order is a payment certificate for a specific amount. It may be cashed or deposited much like a check. However, it offers a number of security features that make a money order a much better choice when sending it through the mail. Decide whether to send a money order.
There are pro’s and con’s attached to sending money orders through the mail. Benefits include extra security, no need for a bank account, the chance to make a transaction with a single payment, and the ability to send money overseas. 700 internationally, you might run into money-order limitations, meaning you would have to purchase more than one money order. Look up which countries accept international money orders. At last count only 29 countries accept American money orders. Any nation is free to place specific restrictions and conditions before accepting foreign money orders. Before proceeding any further, check with your post office about which nations will accept your money order and which might require extra paperwork on your part.
Talk with a clerk at the service window. Tell the postal clerk you wish to purchase an international money order. The clerk will furnish you with the appropriate paperwork to fill out. You may use cash, a debit card, or a traveler’s check. In addition to the face amount of the money order, you will pay a small transaction fee.
Your receipt will help you get your refund quickly. This feature will allow how To Send Money To Bank Account Through Western Union to monitor where your money order is at all times – they may refund your money or replace the original order with a new one, ask the postal clerk if you have any questions about money orders. By continuing to use our site, at last count only 29 countries accept American money orders. When you send money orders, and certain large stores. Look up which countries accept international money orders. Use the Postal Service’s tracking feature how To Send Money To Bank Account Through Western Union predict when your money order will arrive at its destination.
This is added to your total when you pay the clerk. Note that a traveler’s check can be used only if the money order is for at least half of the traveler’s check’s value. Fill out the money order form. There are a number of lines to fill out on the form, and it is essential that you do so correctly. Be sure that you use only blue or black ink and that you print everything correctly and legibly. Put your money order in a stamped, addressed envelope. Complete all address information, and affix the proper postage.
The appropriate postage depends on the weight of the letter and its destination. Decide which extra security features you want to purchase. When you send money orders you can choose to increase the amount of security and insurance on your envelope. Indemnity coverage is provided free of charge, which means that you can request that a lost or stolen money order be replaced for a nominal fee. Put your receipt in a safe place. Make sure that the postal clerk provides you with a receipt for your money order. Place the receipt somewhere safe where you can find it later.
For example, a wallet, filing cabinet, or desk drawer might be good places to store your money order receipt. If your money order is lost or stolen, your receipt will help you get your refund quickly. Use the Postal Service’s tracking feature to predict when your money order will arrive at its destination. This feature will allow you to monitor where your money order is at all times, and it will let you know when your money order is expected to arrive at its destination. Determine how much money you wish to send. 1,000 in a single domestic money order.
3,000 worth of money orders in a single day, you will have to fill out an extra form and bring a photo ID that includes your home address and full name. Decide to send a money order. There are pro’s and cons to sending money orders through the post office. Benefits to using money orders include extra security, not requiring a bank account, and being able to pay upfront. Wait in line to visit with a clerk.
Other places to purchase money orders include credit unions, banks, military facilities, and certain large stores. Tell the postal clerk that you wish to purchase a domestic money order. 3,000 of money-order purchases in a single day unless you fill out extra forms and show a photo ID. Your postal clerk will be able to provide you with the proper paperwork. Pay the fee, plus the amount of the money order. You may pay with a debit card, cash, or traveler’s check.