How to Cash a Money Order (2024)

FAQs

How to Cash a Money Order? ›

Assuming the money order is legitimate, take it to a bank or credit union, post office, qualifying retailer, or check-cashing location to cash it. You can cash it wherever it was issued (this should be evident on the money order), but you may be able to avoid fees by taking it to your own financial institution.

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, you may try to cash the money order at your bank or a check cashing store.

No, you cannot make changes to a completed money order. Any form of alteration or correction will make it ineligible for cashing. Alternatively, you may submit a refund request through our office.

The following are not eligible for Mobile Deposit: international checks, U.S. savings bonds, U.S. postal money orders, remotely created checks (whether in paper form or electronically created), convenience checks (checks drawn against a line of credit), non-American Express traveler's checks, cash, checks that are ...

Digital money orders are often quick, as they are electronically sent, and the recipient can cash online. This means they may potentially receive the money faster as it does not need to be cashed at a physical location.

Firstly, it is important to understand that cashing a blank money order is a risky and potentially illegal practice.

You can request a money order refund only if your money order hasn't been cashed.

You may have to bring a money order to a physical bank branch location to deposit or cash it, but some banks might allow you to use an ATM.

There are no stop payments on Postal Money Orders.

You can then make the Money Order out to yourself and cash it.

How do I recover money from a money order? ›

Call (800) 999-9660 to check the status of your money order. If it hasn't been cashed, you can fill out the Money Order Customer Request form to request a refund. You'll pay a $15 processing fee, deducted from the refund, to process the request. It takes about 30 days to complete a money order refund.

Can you cancel a money order? You can cancel a money order that hasn't been cashed. (If it's already been cashed, skip ahead.) If you're not sure about your money order's status, you can track it by calling the issuer's customer service number or using the tracking feature on its website.

The original payee must sign the money order over to you before you can cash a money order that's made out to someone else. The process is the same as signing over a check. The payee must sign their name and write "Pay to the order of [your first and last name]" on the endorsem*nt line on the back of the money order.

You may be able to cash your money order at banks and other retailers (grocery stores, check-cashing locations or other stores where you've been able to cash checks in the past). In some circ*mstances, the bank or retailer may charge you to cash your money order.

A purchased money order is like a signed check; it is the responsibility of the purchaser to enter in who the money order is payable to (otherwise, anyone can cash it). Money Orders must be made payable to a single identifiable party, which can be the purchaser.

A money order allows the recipient to receive immediate cash payment from a bank or other financial institution. For that reason, money orders are a popular way to make small to medium-sized payments in circ*mstances where cash or personal checks aren't practical.

Chase Quick Deposit is only for business checks, personal checks, U.S. treasury checks, traveler's checks, and money orders payable in U.S. dollars and drawn on banks in the United States.