What if I already filled out the money order but no longer need it for the payment I was going to make? If the money order is not altered and in good condition and you habe the original receipt/stub, you may try to cash the money order at your bank or a check cashing store .
How do I cash a money order made out to someone else?
To cash a money order, you’ll need to first endorse it by signing your name on the back . You will also need to provide identification no matter where you’re cashing your money order. If you don’t have any ID, you can endorse the money order to someone else, like a sibling or friend, who does have an ID.
Can you cash a money order with white out on it?
Most major money order issuers do not allow customers to correct mistakes on money orders. You cannot cross the information out and rewrite it or use white-out; instead, you will usually need to get a replacement for the money order .
Can I cash a money order I purchased?
Money orders are cashed for the exact amount on the order. You can cash a USPS money order at a Post Office for free. You can also cash them at most banks and some stores . Rural carriers may cash money orders if they have enough money on hand.
Do you need the receipt to cash a money order?
Cashing the Money Order. Bring identification. The bank won’t cash the money order without acceptable proof that you are the person who is supposed to receive the funds. ... Some banks and check-cashing stores also may request your right thumbprint next to your signature on the money order.
Can you change name on money order?
No, you cannot make changes to a completed money order . Any form of alteration or correction will result in ineligibility for cashing.
What happens if you fill out a money order wrong?
Unfortunately, filling out a money order with the wrong information is not easily forgiven. ... Changing information on the completed money order will make the order ineligible for cashing ; the official policy is that money orders must be canceled and/or refunded if there is a mistake.
How do I cancel a money order and get money back?
With most money order issuers, including USPS, Western Union, and MoneyGram, you can cancel the payment. 12 To do so, either fill out a form or take the money order back to the place you originally bought it . Bring identification and any information you have about the money order to start the process.
What happens if you don’t use a money order?
When you contact the issuer of the money order to request a cancellation, they’ll check to see if it has already been cashed. ... But if the money order goes missing, you have a good chance of getting your money back —minus a fee and a few weeks’ delay—as long as it hasn’t been cashed.
Can you deposit a money order into your bank account?
In some situations, paying with a money order can be safer than paying with a personal check. ... Money orders can also be deposited into a bank account , for no fee.
Will Walmart cash a money order?
Walmart will cash MoneyGram money orders . Check Cashing fees may apply. For purchases over $1,000 a valid government-issued photo ID is required. ... If the money order is not damaged or altered, please visit your local Walmart store with your original sales receipt to obtain a refund.
How much does it cost to cash a money order?
The US Post Office is one of the most common places to both buy and cash money orders. According to the fee schedule of US Post Office, you’ll pay $1.25 to cash a money order of up to $500 , and $1.70 for one up to $1,000. The fee is just $0.45 for postal military money orders issued by military facilities.
Can someone cash a stolen money order?
If you receive a receipt with your money order, you should hang on to it in case the money order is lost or stolen or anything goes wrong. If someone receives a money order, they can generally cash it through the organization that issued it , through a check cashing or other retail store or deposit it at a bank.
How do I correct a money order?
If there is a mistake on it, the money order must be canceled or refunded . When you find that you filled out information incorrectly, all you must do is ask to cancel the money order and request a new one from the cashier.
Do you endorse a money order?
Sign the front of the money order in the portion labeled for your signature . This section may be titled “Purchaser’s signature,” “Purchaser,” “From,” “Signer” or “Drawer.” Do not sign the back of the money order. This is where the person or business that you are paying endorses the money order before they cash it.
How long do money orders take to clear?
A money order would need to be deposited before 10:00PM local time with a teller at a branch or at an ATM to count for that business day. The funds would be available for next business day withdrawals , and to pay checks and purchases that post to your account the next night.
