How to Fill Out a Postal Money Order : 10 things to remember

Postal Money Order 

How to Fill Out a Postal Money Order

Postal helps people move packages and it also provides a vast variety of financial services including Postal money order. If you are looking to fill out a Postal money order for the first time? Master these things to avoid any mistakes. Indeed it is important to make sure everything is filled out correctly and properly.

10 things to remember

  1. The amount you paid matches the amount printed on the money order.
  2. Keep track of the location where the money order was purchased in case of any disputes or issues.
  3. Write the  Payee Name: the name has to be an exact match with the recipient government issued ID. Typically, the line starts with “pay to the order of”.
  4. Write the account number if you’re paying a bill. It’s very common to find money orders that have a “payment for/account number” field.
  5. Fill out your information as the purchaser/remitter/sender in the respective field. In addition, use your full legal name and your current mailing address.
  6. Sign the front of the Postal Money Order: This makes the money order official. The back is to be signed by the recipient before collecting the money.
  7. Keep the Money Order receipt: As proof of purchase, it has tracking information for monitoring. Also in case the money order is stolen, misplaced or lost you can use the receipt as a reference. Store the money order in a safe place. Usually, the detachable part should be your receipt.
  8. Where to find Money Orders?  Money orders are only available at banks, credit unions, financial institutions, post offices, delis, and some retail chain stores.
  9. How to purchase a Money Order? You can purchase a Money Order with cash, traveler’s checks or your debit card. However, you can take advantage of the cash advance perks of your credit card. But it would generate high-interest rate and fees.
  10. Amount limit: in general Money Orders are limited to less than $1000.

 

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