A postal money order is treated like a personal check, so it can be cashed anywhere a personal check can be cashed, such as at the recipient's bank or a convenience store. The difference is that a money order does not carry the risk of bouncing, since the money is paid to the post office at the time of purchase.Continue Reading
A signature is required on the back of a money order to cash it, just as it is required on the back of a check. The process for cashing a check and the process for cashing a money order are very similar.
Banks typically cash money orders for free for people who have an account at the bank. If the recipient does not have a bank account, many convenience stores, grocery stores and discount stores, such as Walmart, offer check-cashing services. These check-cashing services do carry a fee, as that is how the company makes money.
Showing a valid, government-issued photo ID is required to cash a money order. Some places may also require a picture or fingerprint, depending on the specific check-cashing policies of the bank or store.
In order to find the postal code for a specific address within the United States, online visitors to the United States Postal Service website can use the Look Up a ZIP Code web tool. It is accessed through the Quick Tools tab in the menu bar at USPS.com.Full Answer >
People can cash money orders at their banks or places where they have accounts, from the business that issued the money order, and from many grocery stores, convenience stores and check cashing stores. To minimize fees and get the money faster, the consumers' best bet is to go to their own banks or where they already have accounts, according to About.com.Full Answer >
The biggest differences between a money order and a cashier's check are where they can be bought, how much money they represent and the guarantee for each. In most cases, a cashier's check is considered a more credible form of payment.Full Answer >
Send money to a California Department of Corrections & Rehabilitation inmate using a personal check, cashier's check, money order, certified check or the JPay electronic funds transfer system. Non-certified funds are held for 30 days before they are deposited into an inmate's account.Full Answer >