office of origin. This image is not<\/b> licensed under the Creative Commons license applied to text content and some other images posted to the wikiHow website. Rural carriers may cash money orders if they have enough money on hand. Everyday Banking | Personal & Business Accounts | Post Office Take cash, a debit card, or a travelers check. If any problems arise, contact the place where you bought the money order to get help. Cashier's checks are usually necessary when a person needs to make a large purchase (think a house or a car) and the recipient requires a guarantee they will get paid. c. For a money order payable to a person when declared incompetent by a court, the legal guardian or other duly authorized person may sign and cash the money order. Money orders offer an easy way to exchange funds safely when paying in cash isn't practical, using a personal check isn't accepted or desirable, or a non-digital payment is required. It costs $4 for a money order of up to $1,000. Of course, you can deposit it at your bank or take it to a check cashing place. Where can I get a money order? The information in this publication does not constitute legal, tax or other professional advice from TransferWise Limited or its affiliates. If you have an account at a bank or credit union, you can redeem your money order there for no charge. Last Updated: October 2, 2022 Within the UK, postal orders can be sent in any amount up to 250. Money Orders | USPS - Welcome | USPS You will need to pay two fees - an application fee and an acceptance fee. This image may not be used by other entities without the express written consent of wikiHow, Inc.
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\u00a9 2023 wikiHow, Inc. All rights reserved. wikiHow, Inc. is the copyright holder of this image under U.S. and international copyright laws. You may need it to track your money order or contact the place where you got it. Western Union and PayPal are both global money sending services. f. An executor or court-appointed administrator of an estate may sign and cash a money order payable to a deceased person, provided that a copy of the appointment is submitted and filed at the local postal unit. If the money order is payable to a minor, the father or mother, as natural guardian, must provide a photo-bearing identification and sign the money order. Your annual percentage yield can be as high as 3.30% based on the following combined rate rewards: direct deposits (not including intra-bank transfers from another account) totaling $1,500 or more each month will earn 0.40%. Many have a $1,000 limit, including those that you purchase at banks.


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