western union money order serial number location

This hold may last for two or three days. Bank processing concerns: If you receive a money order as payment, the bank may place a hold on your account until the money order clears.The money order turns out to be counterfeit, and the recipient is on the hook for it. Or a scammer may pay someone via money order for more than the requested amount, then ask for the difference to be paid back. A money order theft may be as simple as someone intercepting the money order and attempting to put their own information over the recipient’s. In fact, the perception that they are safe is exactly what makes them perfect for scams, and they’re sometimes prohibited as a form of payment because of this risk. Target for scammers: Money orders are traditionally considered safe, but they can be used in fraud.Fees can add up: If you’re using money orders regularly because you lack a checking account, fees will add up fast, especially if you have to make sizable payments that require multiple money orders.Varies by institution but most banks/credit unions charge about $5 per money order Up to $1,000: 70 cents (may vary by location) Up to $1,000: $1 max fee (exact fees vary by location) So, if you need more than $1,000, you’ll likely need to purchase multiple money orders.ĭepending on the provider you go with, this is typically how much a money order will cost you at the following locations: Provider Keep in mind that most money orders have a $1,000 limit. You can pay for a money order with cash or a debit card. Money orders are relatively inexpensive, but you will most likely get a better deal at a supermarket or convenience store than you would at a bank or credit union. When purchasing a money order, be prepared to pay for both the face value amount of the money order and its associated fee. Even some major retailers like Walmart may offer a counter where you can buy a money order. Money transfer outlets, which include places like Western Union or MoneyGram, as well as some convenience stores, drugstores, supermarkets, and check-cashing outlets.You can find a post office near you using the USPS locator. post office accepts debit cards as payment for money orders. If you are looking for a secure payment method, you can purchase a money order at the following places:

Western union money order serial number location