What Information Do You Need For A Money Order?

Do you need an ID to get a money order at Walmart?

Requirements.

Walmart requires a government-issued photo ID for money order purchases over $1,000.

You’ll also need to know the name of the person or business to whom you plan to send the money order..

How do I cash 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.

Can I do a money order online?

Money orders are now available online, although they’re a bit different from the ones you purchase in person. Regular money orders can be bought at your local grocery store, bank or post office. There are some limitations to paper money orders, but they’re easily worked around.

What does purchaser’s address mean on a money order?

Step 2: Write your address on the “purchaser” line Putting your address allows the recipient (wherever they deposit the money order) to contact you if they want to confirm that it’s real or if there is an issue. Some money orders ask you to write (not sign) your name as well.

How long does a money order take?

The cost is $18, and the process may take around 30 days. Again, it’s best if you keep your receipt when you buy a money order.

How do you fill out a money order to yourself?

Follow these five simple steps for filling out a money order:Fill in the recipient’s name.Write your address in the purchaser section.Include your account number if you’re paying a bill.Sign the bottom where it says “purchaser’s signature.”Keep your receipt.

Can I use my debit card to buy a money order?

Where to purchase and cash a money order. You can purchase and cash a money order from: The U.S. Postal Service. Every U.S. post office accepts debit cards as payment for money orders.

What’s the difference between a cashier’s check and a money order?

A money order is essentially a prepaid piece of paper, similar to a check, that you get in exchange for cash. You can use them to send people money, and recipients can easily deposit them into their bank accounts. … A cashier’s check is similar to a money order, but is issued by a bank and requires a bank account.

Can I buy a money order and cash it myself?

You can cash a postal money order at the post office, MoneyGram at Walmart, and Western Union at a Western Union Terminal. You can make out a money order to yourself and leave it unsigned until you’re ready to cash it, it’s much like a traveler’s check.

What is the largest amount you can get a money order for?

$1,000The maximum amount of any single money order is $1,000. b. Without exception, no customer may buy money orders on any 1 day whose total value exceeds $10,000. This daily limit applies regardless of the number of visits made by a customer to one or more postal facilities.

How does a money order work?

Much like a check, a money order is a paper form of payment. … Unlike a check, money orders can’t bounce. That’s because you purchase a money order with cash or another guaranteed form of payment, such as a traveler’s check or a debit card. You can’t purchase a money order with a personal check or a credit card.

Can you get a money order for over 1000?

Many businesses won’t issue a money order for more than $1,000, but there’s typically no limit on the amount a cashier’s check can cover. On the other hand, if you need to make a $500 deposit for an apartment and can’t use a personal check, a money order would be wiser because they’re generally less expensive.

What do you need to get a money order?

Have everything you need: Be prepared with cash or a debit card, the name of the payee and the amount you want to send. Paying with a credit card might be possible, but will usually cost extra. Fill it out: In addition to the payee’s name, you’ll need to add your name (and maybe your address) and sign the money order.

Do you need an ID for a money order?

When you buy a money order from the USPS, you must fill out the money order with your name, address and phone number. … If you purchase more than $1,000 worth of money orders in a single day, you have to show a valid photo ID (for example, a driver’s license, state ID or military ID).

Can I get a money order for someone else?

Include your name and address as the payor. … When you buy the money order, fill in the name of the person you are paying immediately. If you lose the money order, someone else can write their name in as the payee and cash the money order. The “pay to” section may also ask you to write in the recipient’s address.

What is the fee for a money order?

Money Order FeesDollar AmountFee$0.01 to $500.00$1.30$500.01 to $1,000.00$1.75Postal Military Money Orders (issued by military facilities)$0.45

Can I write a money order 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.

What happens if you don’t use a money order?

Take it to the Bank If you have a bank account, you can deposit the money order into your account, provided you haven’t written on it. 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.

Can I cash a money order without ID?

To cash a money order, you’ll need to first endorse it by signing your name on the back. You will also need to provide identification no matter where you’re cashing your money order. 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.