Wednesday, August 17, 2011

How do I fill out a money order?

Money Orders operate in the same way that personal checks do. The "Pay to the Order of" line is the same as on a personal check and should be filled out with the name of the person or business that the Money Order is going to. The "Purchaser/Signer" is you, and requires your signature. The "Address" refers to your address and is usually optional. You should only get a Money Order in the exact amount to avoid the dilemma of them returning the difference to you. It is most likely they will not waste the time or money to refund the .42 cents.

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