#MONEY ORDER NEAR ME FULL#
In the next section, you’ll find a full rundown of some of the best places to get a money order. If you’re sending money to someone outside the US, a money order is among the safest and least expensive ways to send money to another country. You’re sending money to another country.Money orders provide an affordable alternative when you need to send money to someone else. Some people don’t have a checking account at all. Money orders are usually less expensive than certified checks which makes them a good option. For example, some landlords require you to pay the initial rental security deposit in guaranteed funds, like a money order or certified check. Sometimes, you can’t use a standard check to make payment. You make the payment with guaranteed funds.Money orders keep your bank information private. A check lists your name, routing number, and account number, which are tools someone can use for fraudulent activity. Money orders also protect your bank account number.Money orders provide a record of payment. If needed, you can find out when a money order was cashed and who cashed it. If a money order becomes lost, you may have some recourse. Money orders are safer than sending cash.
The provider guarantees the funds because you make the money order purchase in cash, in most cases, or by direct bank debit.įor people who don’t have a checking account, money orders can become a necessity, but money orders can be valuable in several other situations as well. One big difference, however, is that money orders represent guaranteed funds for the recipient. A money order is a paper document you can use to make payments or send money to someone, similar to how you would use a check.
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