There are several other ways to make or receive payments. Depending on your needs, other methods might be less expensive, more secure, or more convenient. If a money order or cashier's check won't do, some alternatives include cash, check, credit card payment, debit card payment, wire transfer , or prepaid card.
Cashier's checks are considered more secure because they're backed and issued by banks. They also have more security features like watermarks, security threads, color-shifting ink, and special paper. Cashier's checks can be used in scams, however. For example, someone may send you a cashier's check and then ask you to send back a portion via wire.
The check will typically bounce, but not until after you've sent the wire, leaving you out of money. You must complete the form and show ID even if you purchase the money orders from different post offices. Capital One. Washington State Department of Financial Institutions. Citizens Bank. Western Union. Federal Deposit Insurance Corporation. Accessed March 27, Actively scan device characteristics for identification. Use precise geolocation data. Select personalised content. Create a personalised content profile.
Measure ad performance. It is considered to be a safer way to conduct a transaction and is used for a variety of situations ranging from real estate deals to a car purchase. In addition, a cashier check is a safer form of payment because it is issued to a specified person which lowers the risk of theft and fraud. Money orders are one of the safest ways to make a payment to a business or a person because they offer greater security and are traceable because they have serial numbers that can be verified easily.
Many businesses choose to only accept money orders rather than checks because it offers a guarantee of payment without the risk of being returned due to insufficient funds.
Another option that the Post Office offer to customers is international money orders. The international money order works the same as it would in the United States and can be cashed at most international financial institutions around the world.
These types of money orders also work the same way traditional money order does and is helpful when paying bills or purchasing items at the military base or for mailing bill money from an international military base. Real USPS money orders have specific marks and designs to prevent fraud. If you hold the money order up to the light you should see:. Domestic money orders never expire and they do not accrue interest.
Money orders are cashed for the exact amount on the order. You can also cash them at most banks and some stores. Rural carriers may cash money orders if they have enough money on hand. See additional requirements for money orders made out to organizations, more than one person, and minors. You can check the status of a money order you've purchased from the U. Postal Service at any time by visiting the Money Orders Application.
Make sure you have the following information for the postal money order you want to check:. You cannot stop payment on postal money orders, but a lost or stolen money order can be replaced.
We'll replace money orders that are defective or damaged. Take the damaged money order and your receipt to your local Post Office location to get a replacement. If you have not yet cashed a Japan Post-issued money order, please return it to the sender. On July 10, , Japan Post stopped cashing international postal money orders issued by the Postal Service. Japan Post stopped selling international postal money orders destined for the U. Skip to Main Content.
0コメント