How do I cash a postal money order made out to someone else?

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.

Are postal money orders refundable?

Domestic money orders never expire and they do not accrue interest. Money orders are cashed for the exact amount on the order. You can cash a USPS money order at a Post Office for free. You can also cash them at most banks and some stores.

How can I get my money back from a money order?

If you don’t have the receipt, you can return to the location where you purchased the money order (or any of its branches or offices) and explain the situation. You may need to visit an office anyway to complete the next phase of the cancellation process, completing and submitting a cancellation request form.

Can I deposit a postal money order in my bank account?

Banks accept U.S. Postal Service money orders as they would regular checks at branches, ATMs or even on a banking app with a mobile check deposit function. Don’t forget to sign the back of the money order before depositing.

How can I get my money order back from USPS?

Take your USPS money order receipt to a post office and file an inquiry. There is a $5.95 fee for this service. If the money order has been cashed, you will be provided with a copy of the back of the money order showing who endorsed/cashed it.

How do you deposit a money order into a bank account?

If you have a bank account, you can deposit the money order into your account, provided you haven’t written on it. 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.

Can you get money back from a money order you didn’t use?

If you bought a money order, but now you don’t need it, you undoubtedly will want that money back. Cashing a money order that you didn’t use depends on the issuer of the money order and whether you have endorsed it to the intended payee. Understanding Money Orders and Checks A check is an instrument written off the balance of your bank account.

How much does it cost to cash a USPS money order?

There is a $5.95 fee for this service. If the money order has been cashed, you will be provided with a copy of the back of the money order showing who endorsed/cashed it. If it has not been cashed after 60 days, a replacement is issued.