How do I deposit a money order?
If you don’t need the money right away and you have a bank account, consider depositing it. Banks accept U.S. Postal Service money orders as they would regular checks at branches, ATMs or even on a banking app with a mobile check deposit function. Don’t forget to sign the back of the money order before depositing.
Can someone deposit a money order for me?
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. Then they can cash it for you.
When you deposit a money order into your bank account?
The recipient can cash the order at a local bank or credit union—there’s no requirement to go to the issuer to have it cashed. Money orders can also be deposited into a bank account, for no fee.
Do money orders have routing and account numbers?
Money orders will include your name and address, but unlike a personal or certified check, they won’t include your bank account or routing numbers.
Can I deposit a money order that is not in my name?
You cannot cash or deposit a money order that is made out to someone else unless the original recipient signs it over to you, and vice versa. To sign a money order over to another person, you need to sign your name on the endorsement line and write “Pay to [Name of person]” beneath your signature.
Can I Mobile deposit a money order?
Today, most banks allow mobile check deposit of personal checks, business checks, money orders, treasury checks and more. With mobile deposit, be sure you know your bank’s check hold policy for mobile deposits.
Can money orders be sent electronically?
You can’t send a cashier’s check or money order across the internet, but you can order a cashier’s check online from some banks to be physically mailed to someone.
Can you mobile deposit a money order Chase Bank?
Chase Bank Note: Chase QuickDeposit only accepts money orders for business/commercial accounts.
What happens if you make a mistake on a money order?
Making a Mistake on Money Order Unfortunately, filling out a money order with the wrong information is not easily forgiven. Changing information on the completed money order will make the order ineligible for cashing; the official policy is that money orders must be canceled and/or refunded if there is a mistake.
Is address required on money order?
You are the purchaser and so you should write your current mailing address. Some money orders may use the words From, Sender, Issuer, Remitter, or Drawer. 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.