A small fee for the service, known as poundage, is paid by the purchaser.In the United States, this is known as a postal money order. unlocking this expert answer. no all you tell the post office employee is the amount of money order you need then she can fill out the rest herself on postal money orders one side is filled out to the payee she'll need to put thier name and adress there and on the other side right across from it is where her name and address goes but all the Post office employee needs to know is the Amount A money order can be purchased from the U.S. You will need to: ² ³. You can purchase money orders at banks and credit unions, and also at a variety of locations like big box stores, post … Similar to a bank, you can cash money orders at credit unions if you have a credit union account. Postal Service Money Orders. No. Postal Orders work in a similar way to cheques, but you don’t need a bank account. Postal Service money orders or a Western Union office to cash a Western Union money order. You can deposit a money order in person at your local bank or credit union branch. — Special Services, Channel Access, 1-27-11 wikiHow is where trusted research and expert knowledge come together. * Postal order value between £5-£9.99 – £1 fee. I am sending a money order to a prisoner. What if you write over the gray side of the money order? The money order is a blank check that requires you to fill in the information. Sign the front of the money order in the portion labeled for your signature. If the payee loses the money order, you can use the tracking number to cancel the payment and replace the money order. This article has been viewed 531,064 times. The money order will include a tracking number. He has a BBA in Industrial Management from the University of Texas at Austin. A money order acts like a personal check in endorsement procedures. I just made the mistake of signing on the back. Postal Store Returns & Exchanges. Postal Service ® offers refunds and exchanges for stamp-related merchandise and stamped stationery when the products you receive are damaged or otherwise unusable due to mishandling or other circumstances outside of your control. pay a fee for each postal Money Order. My question: every instruction site emphasizes how important it is to sign the money order, but my USPS-issued money order does not have a signature field. This means that if you have a valid account at a bank and someone has written you a money order, then you may be able to simply sign the money order and deposit it into your account. Money orders are generally sold in amounts up to $1,000, although the Postal Service limits international money orders to $700 (or $500 if purchased for El Salvador or Guyana). You will need to show a valid, government-issued ID, and endorse the money order before depositing. I was told that I need to sign the back of the money order or the prison will send it back. Fact Check: Is the COVID-19 Vaccine Safe? Fill out the required forms at the post office. Look for a field marked "Signature," "Purchaser," or "Drawer" on the front of the document. They are distinguished by their green, yellow, and blue colors. When you buy the money order, fill in the name of the person you are paying immediately. Ask for another money order slip, since some people or places will not accept that. Write your address down where it says, "purchaser's address." Banks keep records of money order purchases and allow purchasers to place stop payments on money orders that become lost or stolen. Michael R. Lewis is a retired corporate executive, entrepreneur, and investment advisor in Texas. Sign the money order to endorse the deposit of the money to your bank account. The process of getting a money order cancelled or replaced is complex and expensive. The money order is a blank check that requires you to fill in the information. International Postal Money Orders are printed in pink, yellow, and gold and cannot exceed a … Just where it indicates, you need to sign it on the front. You can purchase a money order from several sources, including the United States Postal Service, Western Union and MoneyGram. To fill out a postal money order, write the name of the intended recipient and the name and address of the person sending the money order in the appropriate fields on the form. Your money order has a line that says “pay to the order of”. The section for a signature on the back is for the recipient of the money order. Do not sign the back of the postal money order, as this is where the recipient is supposed to sign. You can deposit a money order in person at your local bank or credit union branch. And replace the lost money order comes with the receipt section on front. 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