Quick Answer: What If You Make A Money Order Out To The Wrong Person?

How do I cancel a money order and get money back?

When you submit your cancellation form, you can either request a replacement money order or a refund of the purchase price.

The replacement process can take up to 60 days, so if you’re using the money order to make an urgent payment, you should probably consider sending another..

Is it illegal to cash a blank money order?

Whoever the money order was intended for, it wasn’t yours to cash. … It would be the same as if you found an envelope full of cash and kept it. It’s not yours, plain and simple. You have no legal right to claim it and keep it as your own.

How long do money orders take to clear?

Some banks will credit that amount to your account immediately, while others take up to two weeks.

Can you change name on money order?

No, you cannot make changes to a completed money order. Any form of alteration or correction will result in ineligibility for cashing.

How do I cash a money order I didn’t use?

Take it to the Bank If the money order is blank, put your name in the recipient’s area and endorse the back of the money order. Then you can either present it to a teller. If you don’t have a bank account, many banks such as Chase, Wells Fargo and Bank of America will cash a money order for a fee.

Why was my money order declined?

Banks don’t share with WU the specific reasons for declined transfers. The decline could be related to the cash advance capability of your credit card, your credit card limit, a mistake when entering bank account information or other requirements from your bank.

Can I return a money order that has been filled out?

Many money order providers and cashiers won’t let you correct the mistake yourself. 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.

Can I cross out a mistake on a money order?

Most major money order issuers do not allow customers to correct mistakes on money orders. You cannot cross the information out and rewrite it or use white-out; instead, you will usually need to get a replacement for the money order.

Can I make a money order out to a person?

1. Fill in the recipient’s name. Write the name of the person or business that will receive the money order on the line that starts with “Pay to the Order Of.” The recipient will be the only person or company authorized to deposit or cash the money order.

Can a money order be cashed by anyone?

A money order is similar to a check, in that only the person or organization it is made out to should be able to cash it, whether at a U.S. Post Office, check-cashing location or bank. Unlike a check, a money order is prepaid rather than linked to funds in a particular bank account.

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.

Do you need the receipt to cash a money order?

The bank won’t cash the money order without acceptable proof that you are the person who is supposed to receive the funds. Your name on the money order must match the name on your identification exactly.

Can I get a money order from a bank that isn’t mine?

You can get a money order at several places you frequent. Your bank might be the most obvious, but the post office, convenience stores, grocery stores, check-cashing shops, Western Union, and Wal-Mart all sell money orders, too. … You can also deposit the money order into your bank account.

Can you cash a money order after written to someone else?

You will also need to provide identification no matter where you’re cashing your money order. 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.