A money order is a paper payment that is more secure than sending or delivering cash because it names a specific recipient, who will have to endorse it and show identification to cash it. You can get a money order at several places you frequent. Money orders ask for your address so the recipient or seller can contact you if a problem occurs. Additional Services.
Limitations of Money Orders
I need to get money off a Visa Gift card and this is the cheapest way. Can I make one out to myself then cash it like 5 minutes later? Or make it out to a friend and give it to him who is standing outside and he goes in and cashes it? Can I do either of those? Yes, you can make out a money out payable to yourself just as you can write a check payable to yourself on your own checking account.
What is a money order payment?
Many of the offers appearing on this site are from advertisers from which this website receives compensation for being listed here. This compensation may impact how and where products appear on this site including, for example, the order in which they appear. These offers do not represent all deposit accounts available. For starters, a money order is cheap and easy to obtain — you can pick one up at your local Walmart. How much does a Walmart money order cost?
How to Use a Money Order?
I need to get money off a Visa Gift card and this is the cheapest way. Can I moneg one out to myself then cash it like 5 minutes later? Or make it out to a friend and give it to him who is standing outside and he goes in and cashes it? Can I do either of those? Yes, you can make out a money out payable to yourself just as you can write a check payable to yourself on your own checking account. Many people buy money orders and make them out to themselves as a safety precaution in case of loss or theft, and use them the same way they use traveler’s checks.
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Transfers through Western Union
Some issuers accept credit card as payment, but it may be processed as a cash advance, which incurs fees and a higher interest rate. This means the pricing is very similar and differ only by what the store adds on as their own fee. Reasonable efforts are made to present accurate info, however all information is presented without warranty. How Do Money Orders Work? Below are popular locations for money order purchases. There are exceptions, like CVS and 7-Eleven, where you can’t. Learn how your comment data is processed. Updated: Oct 1, at PM. The U. Finally, since you prepaid the money order, the recipient doesn’t have to worry about whether the funds are. Wal-Mart is listed first, rather than alphabetically, because they have locations practically everywhere — you probably live near a Wal-Mart. There’s also a small cost attached.
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