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Old 04-23-2003, 02:44 AM   #1
Honoturtle
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Question Postal Money Order

Can someonw explain to me how this works? If someone sent me one, how would I "cash it?" and can it be sent to an individual?
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Old 04-23-2003, 03:01 AM   #2
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You go to your bank, and put it on your account. Be sure the money transfer within a week. And you can do the same for someone else.
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Old 04-23-2003, 03:07 AM   #3
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It's the same as a cashier's check you get at the bank or convenience store....difference is with a postal money order you can track it. There is a tracking number on the stub that you keep.

If you receive one, you take it to your bank and deposit it just like a check.

When you send one, you are charged the amount it is for, and I think a small fee (dont remember) and then you have a stub to hang on to so you can have the post office track it in case you are concerned about a transaction. Tracking meaning they can tell you if it got to the area that person is at and whether its been cashed/deposited.

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