What Can You Do With An Unused Money Order?

Can you get your money back on a money order?

With most money order issuers, including USPS, Western Union, and MoneyGram, you can cancel the payment.

It’s best if you have a receipt from your original money order purchase.

If successful, the issuer should return funds to you, often within about 60 days..

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.

Can a money order be declined?

Unlike checks, money orders don’t include your bank account number, and they help ensure that only the recipient can use it, unlike mailing cash. You don’t have a checking account. … Because money orders are prepaid, they can’t be rejected for insufficient funds.

How do I cash a money order that was never used?

Take it to the Bank If the money order is blank, put your name in the recipient’s area and endorse the back of the money order. Then you can either present it to a teller. If you don’t have a bank account, many banks such as Chase, Wells Fargo and Bank of America will cash a money order for a fee.

How long does a bank hold a money order?

It depends on the bank. Some banks allow for money orders to be cleared and deposited almost immediately, and some require at least one business day for it to clear.

How long can you keep a money order before cashing it?

After 1-3 years, Western Union will charge a fee against the value of the money order. If this goes on long enough, the money order will be worthless. U.S.P.S. money orders do not expire and retain their value indefinitely.

Why was my money order declined?

Why was my money transfer declined? Banks don’t share with WU the specific reasons for declined transfers. The decline could be related to the cash advance capability of your credit card, your credit card limit, a mistake when entering bank account information or other requirements from your bank.

Why was my money order declined at Walmart?

THEY ARE MONEY ORDERS NOT CHECKS. … When we got home we called Synergy and we’re told, it’s because when we run your name and DL# we show you have never cashed checks at Walmart. So basically Walmart sees it as you have never done business with them. Therefore you are declined for that reason.

Can you tell who cashed a money order?

I purchased a money order and sent it to a person/business. How can I find out if it has been cashed? You can find out if your money order has been cashed online by clicking Money Order Status or by calling our automated line at 1-800-542-3590.

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.

How do you cash in a money order?

How to Cash a Money OrderBring the payment to a location that cashes checks or money orders. Money orders are treated very much like checks. … Endorse the money order like you would a check. Sign your name on the back. … Show valid identification. … Pay any fees for the service. … Get your cash.