How to Fill Out a Money Order - Simple. Thrifty. Living.
A money order is a payment order for a pre-specified amount of money. As it is required that the funds be prepaid for the amount shown on it, it is a more trusted method of payment than a cheque. The money order system was established by a private firm in Great Britain in 1792 and was expensive and not very successful. Around 1836 it was sold to another private firm which lowered the fees.
Most likely as the remitter, they’ll have you write “not used for intended purpose” on the back before you endorse it yourself. It is technically still your check as the remitter. B) I’ve had customer’s write an address or apartment number they’re paying the rent for or reference number for a loan under the name of who the check is addressed to no problem, but adding a last name.
How To Fill Out an International Money Order. By Wendy Coleman. A money order is a mode of payment in which a pre-specified amount of money is paid to the person named as the recipient. It is a crude form of money transfer, but this facility is usually provided by post offices, banks and other financial institutions to people who don’t have bank accounts. The buyer of the order goes to the.
How to Fill Out a Money Order. When you buy the money order, make sure that the amount you asked for is the amount printed on it. Filling it out is a simple procedure: Use a dark pen and write in large letters so your information can’t be altered. Write the name of the person or business in the “Pay To The Order Of” line on the top. Make sure you spell it correctly because you can't.
Pay to the order of: Write the name of the person you want to send money to. Make sure to do this first, because that way, if you lose the money order, no one else can find it and cash it. Also, make sure you know the correct spelling of the recipient’s name because you can’t change this information once the money order is processed.
It may be mentioned here that in order to encourage overseas Pakistanis for using banking channels and to provide same day delivery (within 24 hours) of home remittances to beneficiary accounts and protect the remitter and beneficiary from any loss or harm; an efficient and effective payment systems architecture was introduced by Payment Systems Department of State Bank of Pakistan in.
Provide your contact information so the remitter can reach you to clarify the situation or request a payment extension. State your direct phone number and email address even if they appear on the letterhead itself. Close with your thanks for the remitter's prompt attention and a reaffirmation of the value you place on your working or business relationship.