What Information Is Needed On A Money Order Receipt
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Money orders are safer than checks because they can't "bounciness" or overdraw the purchaser'southward bank account. This wikiHow will teach you lot how to fill one out.
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1
Start by ownership a money order for the desired corporeality. Make sure the amount you lot paid and the amount printed on the coin society are the same.[1] [2]
- You lot tin can purchase a coin guild from the Post Part. These are mostly very affordable and easy to fill out.
- USPS money orders can be used for amounts up to $1000.00.
- Other places you can get a money society are banks, check cashing businesses, and Western Wedlock locations (including many supermarkets).
- Many credit card companies volition charge extra fees on purchases of money orders. Pay with cash or debit card to avoid those fees.
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2
Make full in the "Pay to the Order Of" line immediately. This is where y'all write the name of the person or business the Money Order is going to. [3]
- Write the name of the person or business concern legibly.
- Use blue or black ink pen to fill out the class.
- Brand certain you lot have the correct spelling of the person or business organisation.
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3
Fill in your name. There should exist a "From," "Purchaser," "Sender," or "Remitter," field. [4]
- Apply your full legal proper name or the name you use on the account you lot are paying on.
- Equally with the "Pay to the Social club Of" line, use bluish or black ink.
- Write your name legibly.
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4
Sign the forepart of the coin social club. On the front of some money orders, in that location will exist a field labeled "Purchaser, Signer for Drawer," "Purchaser's signature," or "Signature." [v] Sign on this line using your full signature.
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5
Leave the endorsement signature blank. Do non sign on the line on the back of the money order. The signature line on the back of the money order is for the other person or visitor to endorse information technology before cashing.
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1
Fill in the address fields. Some money orders may only accept a section for the purchaser'due south accost.[half dozen]
- Where information technology says "Purchaser'south address", write in your address.
- Make certain you use your current mailing address.
- If there is a second address field, include the accost of the person or company to whom yous are sending the money order.
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2
Make full in the memo line. The person or company volition desire to know why you are sending a coin order. [vii]
- If you are sending your receipt for a payment of a beak, write the bill due date and your account number on this line.
- If the coin lodge is to someone you lot know, indicate the reason on the memo line such as "Birthday Gift" or "Debt Payment".
- Use this line to fill in any other data you need the person to know.
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3
Continue your receipt. Either your money order will take a carbon copy underneath or a portion attached to detach and continue for your records. [8] [9]
- If your coin society gets lost or the recipient denies receiving information technology, the receipt can help you troubleshoot these problems.
- This receipt should take a tracking number to cheque on the status should problems ascend.
- Without the receipt or tracking number y'all may be unable to verify the money order was received or to obtain a refund if information technology is lost.
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Question
Do l take to enter my accost when I am the purchaser/sending a money order?
Michael R. Lewis is a retired corporate executive, entrepreneur, and investment advisor in Texas. He has over 40 years of experience in concern and finance, including as a Vice President for Blue Cantankerous Blue Shield of Texas. He has a BBA in Industrial Management from the University of Texas at Austin.
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Expert Answer
As the purchaser, there is no legal requirement that your address exist included on the order. However, declining to do and so might complicate the process of refunding the order if you decide not to employ information technology or it is lost.
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Question
What if information technology but says address? Exercise I put my address or the accost of the person I am sending it to?
Michael R. Lewis is a retired corporate executive, entrepreneur, and investment advisor in Texas. He has over 40 years of experience in business concern and finance, including as a Vice President for Blueish Cross Blueish Shield of Texas. He has a BBA in Industrial Management from the Academy of Texas at Austin.
Business Advisor
Adept Answer
Near money orders have spaces for the addresses of the person ownership the money order every bit well as the person who volition receive the money lodge. If you are unclear which space should be used for each party, ask the person selling the money guild for assistance.
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Always use a pen when filling out money orders.
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Ask the company to which yous are paying the coin order and ask them how they would similar to exist addressed on the money social club.
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Exist very careful and discreet when carrying a big sum of money to purchase a money order.
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A blank coin social club is the aforementioned as cash. Make full it out right away. If information technology is lost or stolen, you lot are out of your coin.
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Commodity Summary X
1. Buy a money order for the desired corporeality.
2. Fill up in the "Pay to the Order Of" line.
iii. Write your name in the "From," "Purchaser," "Sender," or "Remitter," field.
iv. Sign the forepart of the money order.
5. Leave the endorsement signature blank.
6. Fill in the address fields and memo line.
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Source: https://www.wikihow.com/Fill-Out-a-Money-Order
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