How to Fill Out a Money Order http://www.howtofilloutamoneyorder.org Thu, 16 Feb 2012 09:19:16 +0000 en hourly 1 http://wordpress.org/?v=3.2.1 Why are Money Orders difficult to counterfeit? http://www.howtofilloutamoneyorder.org/why-are-money-orders-difficult-to-counterfeit.html http://www.howtofilloutamoneyorder.org/why-are-money-orders-difficult-to-counterfeit.html#comments Thu, 16 Feb 2012 09:19:16 +0000 admin http://www.howtofilloutamoneyorder.org/?p=68 Continue reading]]> 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 funds. The different ways in which Money Orders are protected to prevent them from being counterfeited are:

  • Watermarks. Telltale watermark when held up to the light should reveal images of Benjamin Franklin, repeated on the left side (top to bottom).
  • Dark security strip running alongside the watermark (top to bottom), just to the right. If held to the light, a microfiber strip will show tiny letters “USPS” along its length, facing backward and forward.
  • Rainbow of inked patterns and tones.
  • PMOs are printed on crisp, clean, textured paper stock.
  • Maximum value of $1000 for domestic (US) postal money orders, and $700 for International Postal Money Orders.
  • Denominations appear in two locations. If the denomination amounts are discolored, that indicates that they have been erased.
  • Ultraviolet features include the above mentioned micro-fiber strip that glows red, and the PMO number on the reverse side and the bottom which will also appear red under UV light.
]]> http://www.howtofilloutamoneyorder.org/why-are-money-orders-difficult-to-counterfeit.html/feed 0 What is an International Money Order? http://www.howtofilloutamoneyorder.org/what-is-an-international-money-order.html http://www.howtofilloutamoneyorder.org/what-is-an-international-money-order.html#comments Thu, 15 Dec 2011 07:12:30 +0000 admin http://www.howtofilloutamoneyorder.org/?p=63 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 border of your country. In case of foreign trade, when a buyer requires making payments to his seller, he uses an international money order which are often issued by a buyer’s bank and bought in the currency that the seller accepts.

The advantage of using an international money order over sending currency to make payments is that they are a better and safer method given the fact that there are various forms of identification required to cash an international money order, often including a signature and a form of photo identification.

However, when you purchase an international money order, make it sure that the specific type of money order is acceptable in the destination country. Several countries are very strict that the money order be on pink and yellow paper and bear the words “international postal money order.” This regulation is to be met strictly when dealing with the Japan Post which is one of the largest banking institutions in the world and now-a-days, many other countries have taken this as a standard when there is any doubt of a document’s authenticity.

 

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