Can I cash a money order I bought and filled out?

Take it to the Bank

If the money order is blank, put your name in the recipient’s area and endorse the back of the money order. Then you can either present it to a teller. If you don’t have a bank account, many banks such as Chase, Wells Fargo and Bank of America will cash a money order for a fee.

How do I cash a money order that I made out to someone else?

To cash a money order, you’ll need to first endorse it by signing your name on the back. You will also need to provide identification no matter where you’re cashing your money order. 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.

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.

What can I do with a money order that I already 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 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 I deposit a money order at 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 you white out money orders?

No, you cannot make changes to a completed money order. Any form of alteration or correction will result in ineligibility for cashing.

Can I cash a money order at Walmart?

Does Walmart Cash Money Orders? You can cash a money order at banks, check-cashing services and certain retailers, including grocery stores. Walmart cashes money orders that were issued at Walmart, for a fee. Wherever you cash a money order, you’ll need ID to prove you are the lawful recipient.

How do I cash money order?

How to Cash a Money Order
  1. Bring your money order to a location that will cash it. You can take the money order to your bank, credit union, grocery store, and some retail stores. …
  2. Endorse your money order. …
  3. Verify your identity. …
  4. Pay service fees. …
  5. Receive your cash.

How long do money orders take to clear?

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.

Are money orders traceable?

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. When a purchaser pays for a money order, it comes with a receipt that includes the serial number of the money order.

Are money orders safe?

Are money orders safe? Money orders are generally a safe alternative to cash or checks, since only the payee will be able to cash or deposit it for the amount printed on the document. As long as you keep your receipt, you’ll be able to track your payment and recover any funds if it’s lost, stolen or damaged.

Can a money order be rejected?

Because money orders are prepaid, they can’t be rejected for insufficient funds and aren’t subject to the fees that come with bouncing a check. Some businesses or people may accept money orders but not personal checks because they don’t want to bother with the risk of a bad check. You’re mailing money.

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.

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.

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.

Can I deposit a money order that was returned to me?

Have the person/company that you made the money order payable to endorse the back of it. Then you endorse the money order below their signature, and take it to your bank to be deposited into your account there.