How do I cancel a money order and get money back?

To cancel a money order, contact the issuer, provide details, attach a copy of the receipt, submit the cancellation form and pay a fee.
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Fees for canceling a money order
  1. MoneyGram: $18 (available at Walmart).
  2. U.S. Postal Service: $6.25.
  3. Western Union: $15 if you have your receipt, $30 if you don’t.

Can I get money back from money order?

If the money order has been cashed, the issuer will not replace it or refund the purchase amount. … But if the money order goes missing, you have a good chance of getting your money back—minus a fee and a few weeks’ delay—as long as it hasn’t been cashed.

How long does it take to get a refund on money order?

A money order refund could take several days or even several weeks to process. Western Union, for example, can take up to 30 days to give you your money back if you canceled a money order and had your original receipt. Without your receipt, on the other hand, processing could take up to six to eight weeks.

How do you cash a money order that has already been filled out?

What if I already filled out the money order but no longer need it for the payment I was going to make? 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.

Can you cash a money order after written to someone else?

To cash a money order, you’ll need to first endorse it by signing your name on the back. … If you don’t have any ID, you can endorse the money order to someone else, like a sibling or friend, who does have an ID. Then they can cash it for you.

How do you correct a mistake on a money order?

If there is a mistake on it, the money order must be canceled or refunded. When you find that you filled out information incorrectly, all you must do is ask to cancel the money order and request a new one from the cashier.

What if I signed the back of a money order?

Sign the front of the money order

Do not sign the back. The back is for the receiver when they cash the money order. Some money orders leave room for a note or memo to specify the payment’s purpose.

Can you deposit a money order into an ATM?

Banks accept U.S. Postal Service money orders as they would regular checks at branches, ATMs or even on a banking app with a mobile check deposit function. Don’t forget to sign the back of the money order before depositing.

Can I Mobile deposit a money order?

Today, most banks allow mobile check deposit of personal checks, business checks, money orders, treasury checks and more. … With mobile deposit, be sure you know your bank’s check hold policy for mobile deposits.

Can you put 2 names on a money order?

As a general rule it has always been accepted that 2 names on a money order or check would have to be signed by both parties unless there is an ‘or’ placed between the names. … A money order addressed to more than one payee is paid to either payee if the conjunction “or” is used to connect the payees.

Do money orders clear immediately?

Cashier’s checks, personal check and money orders may clear the bank at different times. See how many days it takes for these funds to become available. … Quick answer: Cashier’s checks and money order cleared the fastest — within the next business day.

Do I have to wait to cash a money order?

Money orders typically do not have an expiration date. However, some institutions may charge a fee for cashing money orders more than a few years old. If you have an outstanding money order that you don’t want to be cashed, be sure to cancel it.

Can you cash a money order on cash App?

How long does a money order last?

money orders do not expire and retain their value indefinitely. As long as there are post offices, you can cash a U.S.P.S. money order. Please note that it’s always possible that Western Union or U.S.P.S. have changed their rules.

How long can a bank hold a money order?

Important Bank Obligations

Thus, banks have the discretion to refuse to cash a money order that is more than six months old, even if the issuer does not put any expiration date on the money order at the time of issue.

How long does it take to cash a money order?

A money order would need to be deposited before 10:00PM local time with a teller at a branch or at an ATM to count for that business day. The funds would be available for next business day withdrawals, and to pay checks and purchases that post to your account the next night.

How do you know if a money order has been cashed?

Customers wanting to find out if a money order has been cashed may go online to USPS.com to check the status. They will need to enter the money order serial number, Post Office number, and issued amount—all printed on the money order receipt—in order to obtain near real-time status information.

Can I cash a money order at my bank?

When you receive a money order, you need to cash it or deposit it into a bank account. … You can cash them at numerous locations, including banks and convenience stores.

Is a money order the same as cash?

Just like personal and cashier’s checks, money orders are secure forms of payment, representing an amount of money. … Money orders work in the opposite of checks – you exchange money (typically cash) for a piece of paper that represents that amount of money.

Can money orders be tracked?

A money order is not a check, and it’s harder to trace one; keep your receipt until you are sure the order has been received and cashed.

Are money orders reported to the IRS?

The receipt of the money orders triggered an obligation to file IRS Form 8300. Pursuant to the IRS Regulations, businesses who receive “cash” payments in excess of $10,000 need to report the funds received.

How do I check the status of a money order?

Yes, you can easily track your Electronic Money Order using the Money Order Number provided on receipt. To track go to Track Consignment service provided in quick tools on Home Page.

Can you see who cashed a money order?

You can see if a money order has been cashed by checking the USPS website. Hopefully, you kept the money order receipt, because it contains the information you need to track the money order. To view the status of the money order, you’ll need to provide the following information: Serial number.

Can someone cash a stolen money order?

If you receive a receipt with your money order, you should hang on to it in case the money order is lost or stolen or anything goes wrong. If someone receives a money order, they can generally cash it through the organization that issued it, through a check cashing or other retail store or deposit it at a bank.