How to Fill Out a Money Order

Learning how to fill out a money order can help you in a pinch. A money order is a convenient and secure way to make payments for goods and services, and money orders are accepted wherever credit cards and checks are accepted. However, because they are less common than checks, many people don't know how to fill out a money order correctly. Once you fill out the order, just take advantage of the regular mail system, and send the money order to the payee.

Purchase The Money Order
Money orders can be purchased from a variety of places, such as banks, grocery stores, convenience stores and post offices. Many banks even allow you to purchase and fill out money orders online. Money orders are usually very low cost, such as $.25 per transaction. The money order is purchased for the exact amount that is needed, plus the cost to the business. Therefore, if you wanted a money order for $15, you would hand over the cash for $15.25. The cashier would hand you a money order for $15. The money order will be printed on special paper stock, with a security watermark and a specific inked pattern that is difficult to counterfeit. International money orders can be purchased for a slightly higher fee.

Fill It In
The money order is somewhat similar to a check, so filling it out shouldn't be too difficult. In the center of the money order is a long line, sometimes centered, that is labeled with "Pay to" or "Pay to the order of." In ink, write the name of the person or company that will be receiving the money order. A money order isn't valid until you sign it, so write your complete signature on the specified line. Often, there is a line for additional information where you can print your name and address or an account number if you are using the money order to pay a bill. Often this is labeled "Memo." The money order is now completely filled out and ready to be exchanged for goods or services.

Tips On Money Orders

  • Use a blue or black pen to fill out the money order.
  • Keep the money order stub to confirm the specific amount of the money order.
  • Write your address on the money order in case it gets lost.
  • Never carry around a blank money order because, if it is lost or stolen, anyone can fill it out and spend it.
  • Shop around to see who offers the best "deal" on money orders. The rates vary from place to place.
  • Many people are unsure of how to send a money order. You can use the regular mail system to send money orders to pay bills. Check with companies individually to see if they accept money orders.
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