How Long Is A Money Order Good For? How long is a money order good for? Money orders may or may not expire depending on the type of money order used. Here’s how long you have before a money order will expire, organized by money order issuer, and what you can do if you have an expired money order.
Do money orders have an expiration date? 28-Jul-2017 • FAQ. Information. Answer. No. However, depending upon the state of purchase, if you do not use or cash the money order within one to three years of the purchase date, a non-refundable service charge will be deducted from the principal amount.
There are no federal laws limiting the amount of time a money order is good for. However, the company that issues the money order may impose limits on how long the money order can be used. For example, Fidelity Express charges a service fee if a customer cashes a money order that is more than two years old.
How long a money order is valid depends on the financial service provider from which it is purchased, as well as any applicable state laws. For example, Western Union money orders don't have an expiration date.
One of the biggest issuers of money orders is the United States Postal Service. USPS money orders never expire. If you lose one or have your money order stolen, however, you would only be able to replace it by returning to the post office with the purchase receipt. The USPS will provide a copy of a money order up to two years after it issues one.
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. Once you are with a teller, write the following phrase: "Not Used for Purpose Intended" on the back of the money order.
A money order is one method of sending a prepaid amount of money and is especially useful if you don't have a bank account. Technically, they don't expire. However, some issuers have to follow regulations or policies that could alter the value of the money order if it isn't used within a specified period.
Money orders do not typically have an expiration date. However, a non-refundable service charge is deducted from the principal amount if the money order is not used within 1 to 3 years of the purchase date.
Money orders are a good way to send cash that never expires. How and where do you get money orders? Head to the Post Office™ and purchase one for a certain amount - it will then be valid as payment. If a money order is lost or stolen, you may be able to have it replaced. Send Money Orders Internationally
Money orders are a good alternative to reliably pay bills or send money. A receipt provides proof of your money order purchase. Available from thousands of locations As one of the nation's largest money order companies, we offer availability and reliability - when you need it, where you need it. ...