Category Archives: General

Money Orders have been a trusted instrument for a long period of time. Postal Money Orders (PMOs) are generally regarded as one of the most difficult financial documents to counterfeit. Money order fraud is specifically not reimbursed by Western Union and the victim is required to go through local police to attempt to recover lost … Continue reading

Postal Money Orders have the advantage of the fact that they are always valid and never expire. Again, they are replaceable if damaged, lost, or stolen provided you hold on to your purchase receipt. An international money order is just like a regular money order and is used when you require making payments outside the … Continue reading

Money order is very popular and accepted form of payment amongst the people and they use it for payments of their personal debts or for small business payments. Usually the commission that is charged for the service is very less and hence it is most convenient way of money transfer. There are various ways in … Continue reading

Money orders are very dangerous considering the large number of scams that have been associated with them. Counterfeit postal money orders are increasing day by day, as they have become the source of easy money. Recognizing counterfeit is easy yet is often overlooked by bank officials and others. There are many features that can help … Continue reading

It is important for the purchaser to keep the receipt of the Money Order so that he can request for a refund in a hassle free manner. Here are the steps to be followed when you want a refund: If you have the receipt of the original money order, complete and sign the money order … Continue reading

Money orders are like promissory notes or cheques. However, they come with the advantage that they cannot bounce. They are a form of payment and are generally sold by third parties, such as banks, stores and the United States Post Office. The buyer pays the amount in full while buying. Money orders are considered to … Continue reading

Like any other cash transaction method, money orders have their own advantages and disadvantages. They are safe as no one can steal the money because they always ask you for your signature as identification. However, there is a fee charged for money orders when you purchase them Again, Unlike checks, money orders are paid for … Continue reading

Some money orders ask for the purchasers signature. Here is your guide to filling out such money order forms: On the payee line, fill in the name of the person or company whom you wish to pay. When it says “Purchaser’s address” that is your address, not the address of the person or company you’re … Continue reading