Fill In the Fields for Purchaser InformationĪs the purchaser or person who buys the money order, there are a couple of fields where you’ll add your information.įirst, you’ll fill in your name. Double-check it to make sure you’re writing the street number and street name correctly.ĪNNOTATED BY FORBES ADVISOR These sample images are provided for educational purposes only. If you’re using a money order to make a payment to a business, you’ll put the business address here.Īgain, it’s important to write this information clearly and in ink. If the payee is a person, you may put their home address. This is where you’ll add the recipient’s address information. Add the Payee’s Addressīelow the space for the payee’s name, you should see another field for the payee’s address. Write their name clearly and in ink so that it can’t be altered later if the money order is lost or stolen.įilling the payee field out first is important because, until that’s filled in, anyone could write their name on the money order and cash it. The payee’s or recipient’s name should go in the field marked “Pay to the Order of” or “Pay to” on your money order. Or it could be the name of a business, if you’re using the money order to pay a bill. This could be a person, if you’re making a cash payment to an individual. The payee is the party that receives the money you’re sending via money order. The date and dollar amount should be automatically filled in for you the rest you’ll need to add yourself.įollowing these steps can help to ensure that your money order is properly completed before sending it off to the payee.
#Money orders how to
How To Fill Out a Money Orderįilling out a money order is as simple as providing the required information to purchase the order. Regardless of where you purchase a money order, you’ll typically need to fill in the following to complete it:Īssuming all the information is filled out correctly, the person you’re sending the money order to (the payee) should then be able to sign the back and either deposit it into their bank account or cash it the way they would a regular check. Money orders can look different, depending on where you buy them. And, just as with a check, there are certain things you have to include for it to be valid. What Information Is Needed for a Money Order?Ī money order is essentially a type of prepaid check. The fees you’ll pay to purchase a money order can depend on where you buy it from, as well. For example, the Postal Service caps single domestic money orders sent within the U.S. Guidelines regarding minimum or maximum money order amounts and how many money orders you can buy at once may differ by institution. Banks or credit unions, if you have an existing account.Some of the best options for purchasing money orders include: You can purchase a money order from a number of places.
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