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| *Ostroff, Fair and Company>>>Financial Services |
If you bought a money order, and decide not to use it how may yo go about "cashing it" or getting the money? |
What is the procedure? Treat it like a check. Endorse it and cash it or deposit it Make the money order out to yourself. Cash it at the bank. Take the money order (with the stub) back where you purchased it for your refund I just put my name on it and cash it myself. The cashier doesnt know that u were the orig. person who bought it anyway. go back to where you purchased it the manager will instruct you how to refund it. or deposit it in your bank account. Depends on what kind of money order it is and more importantly the length of time between when you bought it and when you want to cash it in. I believe most money orders are good for a year, it's usually written on the back or on the stub you'd keep for your records to prove you paid someone by that money order. Usually as far as I've found you just take it back to where you got it from and cash it in there. Now if it's a huge amount and you got one of those convenience store (I use 7-11/Western Union mostly) money orders you may have to go to a western union (or whatever your store of choice uses) main office in your area and get the refund from them. For example if I had a 10$ money order then 7-11 would cash it most likely but if I had a 350$ money order i'd probably have to go to my nearest Western Union branch and cash it there. |
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