Some money order forms have a section for a note about what the payment is for so fill that out before checking everything over to make sure it s 100 accurate. For more about depositing money orders see below.
Add additional information and reason for sending it.
How to sign a money order to someone else. 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. Fill in the pay to the order of line immediately. Keep this money order safe and treat it just like cash.
Provide identification to the recipient. Find the area of endorsement. Sign the front of.
This is where you write the name of the person or business the money order is going to. You can deposit money orders into a checking or savings account including someone else s bank account since money orders are generally subject to the same depositing rules as personal checks. Someone stole that money order from the dropbox atlered it and deposited it into their arrowhead credit union account.
Locate a place to cash the money order. How to fill out a money order. Your money order will have a detachable receipt.
You can also use a money order to open a new bank account. What do i do if someone stole my money order and cashed it in an atm. How to endorse a money order.
Sign the money order. The first line you ll likely see will either say pay to or pay to the order of either way this line is. Although money orders can be purchased at a variety of locations and they are guaranteed currency because.
Keep this as proof of payment. Write the name of the person or business legibly. Since banks typically do not require you to sign a money order at the time of purchase a bank has no way of knowing whether you or someone else signed as the remitter.
Use blue or black ink pen to fill out the form. Sign the front of the money order but don t fill in the back this is where the person receiving the money the payee will sign. Write the name of the recipient.
You simply provide the bank with your name the money order number and issue amount and the bank places the hold on the item. So i made a money order to pay my rent and dropped it into the rent drop box with my apartments name and apartment number in pen. Once you sign a money order over to someone else or someone else signs one over to you it becomes a third party money order which can be a bit more difficult to cash.