What is a money order?
A money order is a prepaid negotiable document purchased in order to send money to an individual (or company). They can be issued to pay bills, purchase goods / services or to send money to a specific person. Money orders are generally non-interest-bearing payment instruments that can be cashed quickly. As the amounts are prepaid it is also considered a secure method for sending money. Send Money Orders Quickly and Easily Let State Bank of India complete your money order needs quickly and easily. Aside from being secure, a money order is also considered as a less expensive method for transferring money. Money order is also becoming a common payment mode for online purchases and sales. International money orders are emerging as the standard method for global money transfers. Also, check out our Global Express Money Orders. Use online money orders or international money orders in order to send money offshore. These two forms of money orders are emerging as accepted mediums for money tran
The Money Order payment option allows you to complete your order online and then you mail in a Money Order to us. Please reference your order number on your Money Order for faster processing. Once the Money Order is received it is deposited into our bank. Upon a 7-10 day waiting period, if your Money Order clears the bank, your order is the processed in our warehouse and shipped.
If someone needs to pay for something via US Mail and does not want to write a personal check, what does he do? He buys a money order! This method of paying bills is still popular today, and many people prefer a money order to a personal check. A money order is an instrument that orders a sum of money to be paid to someone else. The buyer goes to a post office, grocery store or even a convenience store, pays for the order in the amount he wishes, along with a fee to the establishment selling it, and sends the order to the person he wants to pay. Because the money order must be paid for in full at the time of purchase, the payee is guaranteed the money will be paid to him. A money order does not expire, so the payee can cash it at any time. Companies such as Western Union guarantee the funds for a money order, so the buyer does not have to buy the money order and then worry about the money coming out of his checking account unexpectedly some time later. The money order is also popular w
A money order is similar to a check, but you pay for it up front. Here’s how it works: If you have a walmart nearby, go to it. Last I checked, they had the lowest prices. Otherwise – check your local post office or grocery store. Go to the customer service desk – that is where they are generally sold. You give them how much money you need to pay plus a fee. (Fee will probably be between 50 cents and $3) So like if your bill is for $100, you might give them $101. They, in turn, will give you a money order. There will be places for you to write who it is to and who it is from – similar to how you would fill out a check. Then just stick it in an envelope and send it to the place you have to pay. …
