Deposit times for bank transfers vary but generally range from around three to four business days. If you are delivering the money order in person and the recipient is redeeming it for cash the entire process can realistically be completed in under an hour or two.
To send a cash transfer you will need to bring cash and a valid government id to a moneygram agent location near you.
How long does it take to send a money order. Go to any post office location. If the addressee is sighing the same city generally fcm will be there the next day. You cannot pay with a credit card.
This makes money orders an accessible form of payment for people in a. Mailing a money order can take about a week and if you need a replacement or refund for the money order this can take up to 60 days. Purchase an international money order from the u s.
Take cash a debit card or a traveler s check. Alternatively a checking account with a bank or credit union may be a better option than issuing money orders as you can send money without fees with the exception of any monthly checking fees. Postal service money orders.
How to send domestic money orders. You can send up to 1 000 in a single order anywhere in the united states. Photocopies must be in writing.
All requests for refunds and. Moneygram money orders are valid for one year before moneygram begins charging service fees as previously reported. When you deposit a money order into your account your bank will allow you to use some or all of the deposit immediately typically the first 200 but it could be more especially with u s.
If the money order is lost or stolen you should be able to get a refund so long as it has not already been cashed. However the bank has not yet collected the funds from the money order issuer. That process takes a few days or weeks.
Decide on the money order amount. For example if you want to send a 100 money order to a family member you need to be able to pay 100 up front in order to create the money order. It must be purchased in person and paid for at the time of receipt.
As of december 2010 these money orders cost 3 85 and can be purchased for a value of up to u s. Money orders aren t a form of credit and don t require a credit score and you don t even need a bank account to pay for one. Fill out the money order at the counter with a retail associate.
Money orders the basics. Priority mail is generally delivered within 2 3 days but does not have a delivery guarantee and first class mail varies from 1 6 days depending upon how far it must travel again no guarantee. Print and complete the money order customer request form and return the receipt along with a 30 nonrefundable processing fee to the address listed there.
Please allow 30 days for processing.