How Long Can You Keep A Money Order Without Cashing It?

Can someone cash a stolen money order?

If you receive a receipt with your money order, you should hang on to it in case the money order is lost or stolen or anything goes wrong.

If someone receives a money order, they can generally cash it through the organization that issued it, through a check cashing or other retail store or deposit it at a bank..

Can a money order be traced?

A money order is not a check, and it’s harder to trace one; keep your receipt until you are sure the order has been received and cashed. … This information should always be kept until the purchaser is certain the money order has cleared. Without a receipt, tracing a money order can be difficult or even impossible.

What if I already filled out the money order but no longer need it for the payment I was going to make?

What if I already filled out the money order but no longer need it for the payment I was going to make? If the money order is not altered and in good condition, you may try to cash the money order at your bank or a check cashing store. … We suggest that you contact your bank or check casher before going to the location.

How do you cash a money order that is not filled out?

How to Cash a Money OrderBring your money order to a location that will cash it. You can take the money order to your bank, credit union, grocery store, and some retail stores. … Endorse your money order. … Verify your identity. … Pay service fees. … Receive your cash.Sep 26, 2018

Will Walmart cash a money order?

Walmart will cash MoneyGram money orders. Check Cashing fees may apply. For purchases over $1,000 a valid government-issued photo ID is required. … If the money order is not damaged or altered, please visit your local Walmart store with your original sales receipt to obtain a refund.

What happens if a money order is not cashed?

If the money order has been cashed, the issuer will not replace it or refund the purchase amount. … But if the money order goes missing, you have a good chance of getting your money back—minus a fee and a few weeks’ delay—as long as it hasn’t been cashed.

What do you do with expired money orders?

Although money orders issued by some financial institutions never expire, some financial institutions may impose expiration dates where permitted by state law. If a money order expires, the financial institution may remit the balance of the money order to the state as abandoned property.

Can I cash a blank money order I found?

If the lost money order was blank, that means anyone can sign and cash it, making it harder for you to ever get that money back. But if it was addressed to someone and a different person cashed it, you may be able to get a refund since the bank didn’t properly verify the identity of the recipient.

Can you cash a money order after written to someone else?

If you don’t have any ID, you can endorse the money order to someone else, like a sibling or friend, who does have an ID. Then they can cash it for you.

Can you use white out on money order?

Most major money order issuers do not allow customers to correct mistakes on money orders. You cannot cross the information out and rewrite it or use white-out; instead, you will usually need to get a replacement for the money order.

Can I make a money order out to myself?

Short Answer: You can make a money order out to yourself, but you can’t alter a money order after it’s been made out to someone else. To write a money order to yourself, you’ll write your name as both the purchaser and the recipient.

How do I correct a money order?

No, you cannot make changes to a completed money order. Any form of alteration or correction will result in ineligibility for cashing. Alternatively, you may opt for a refund through our office, which you may obtain by following the How do I request a Money Order refund instructions.

Do money orders lose value?

Short Answer: Money orders typically don’t expire; instead, the money order will begin to lose value when it’s between one and three years old.

Do money orders have an expiration date?

Domestic money orders never expire and they do not accrue interest. Money orders are cashed for the exact amount on the order. You can cash a USPS money order at a Post Office for free.

Do you need the receipt to cash a money order?

Cashing the Money Order. Bring identification. The bank won’t cash the money order without acceptable proof that you are the person who is supposed to receive the funds. … Some banks and check-cashing stores also may request your right thumbprint next to your signature on the money order.