Friday, 20 January 2017

How to Fill Out a Postal Money Order

How to Fill Out a Postal Money Order
How to Fill Out a Postal Money Order
Sending money orders is the safest way for payment, both for the purchaser and the recipient of the money. It’s especially great for those without a bank account, although we see fewer and fewer of these now days. There is one problem though; filling out one of these forms can prove to be quite tricky. However, if you make sure to follow this how-to guide just as it’s written, you won’t have any problems at all.

Step 1:
The first thing to do when sending a money order is to fill in the basics. Buy the money order from a post office, they are usually pretty affordable. They can also be found at banks and Western Union locations. You buy the form for the amount of money you desire. The United States Postal Service for example, lets you buy money order for amounts up to $1000. It’s important that you make sure that the amount you pay is the amount printed onto the money order form.

The first thing to fill out is the “pay to” part. This is where you must write what company or what person this money order is going to. Make sure to use black or blue ink, and to write the name correctly.

Afterwards you fill in your own name inside the “from” field. It might also say “Remitter,” “sender,” or “Purchaser,” depending on where you buy your money order.

When your done with that, you might have to sign the money order. On some forms, there’s a field labelled “Purchaser’s signature,” or something resembling that.

One important thing to remember, is that you’re not supposed to sign the endorsement signature part. The Endorsement signature line is there for the company or person who will be cashing out the money to sign.

Step 2:
When you’re done with everything listed above, you have to complete the money order. First things first, you fill in the address field. Where it says “Purchaser’s address,” you write your address. Some money orders might only have a section for the purchaser’s address. Please do make sure that you are using your current mailing address.

If there’s another address field, you fill in the address of the person or company receiving the money order.

Filling in the memo line is very simple. If you’re paying a bill, fill in the bill due date and your account number. If it’s a gift, write something along the lines of “Birthday gift.” All you do is fill in information the person receiving the money order might need to know.

Then you’re done. Please do make sure that you keep your receipt. The money order might get lost, and the receipt might help you with troubleshooting. The tracking number is written on the receipt, so you can make sure it is received, and get a refund if it has gotten lost.


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