Our goal is to give you the best advice to help you make smart personal finance decisions. We follow strict guidelines to ensure that our editorial content is not influenced by advertisers.
Our editorial team receives no direct compensation from advertisers, and our content is thoroughly fact-checked to ensure accuracy. You have money questions. Bankrate has answers. Our experts have been helping you master your money for over four decades. Bankrate follows a strict editorial policy , so you can trust that our content is honest and accurate.
The content created by our editorial staff is objective, factual, and not influenced by our advertisers. We are compensated in exchange for placement of sponsored products and, services, or by you clicking on certain links posted on our site. Therefore, this compensation may impact how, where and in what order products appear within listing categories.
Other factors, such as our own proprietary website rules and whether a product is offered in your area or at your self-selected credit score range can also impact how and where products appear on this site. While we strive to provide a wide range offers, Bankrate does not include information about every financial or credit product or service.
This content is powered by HomeInsurance. All insurance products are governed by the terms in the applicable insurance policy, and all related decisions such as approval for coverage, premiums, commissions and fees and policy obligations are the sole responsibility of the underwriting insurer.
The information on this site does not modify any insurance policy terms in any way. Many of us send money electronically these days. Every now and then, we may write physical checks to make a payment to a person or business. Here are the steps to write a check. Write the current date on the line at the top right-hand corner.
This information will notify the financial institution and the recipient of exactly when you wrote it. You can write out the date completely or use all numbers.
Although there have been no laws passed on writing on Canadian bank notes, pursuant to the Currency Act, melting Canadian coins does have legal repercussions. Even though both the Criminal Code and the Currency Act hold that destroying coins is an offence, neither state that mutilating or defacing paper currency is a criminal offence.
Being charged with a criminal offence has many potential consequences, it is in your best interests to hire an experienced lawyer to defend your legal rights.
Jonathan is a highly skilled and sought after criminal defence lawyer who represents clients charged with criminal offences all over the Province of Ontario. And we won. I am so glad that I found him". In trouble with the law? We can help. Jasmine Mann. While a money order is seemingly straightforward and straightforward to use, there are mistakes to avoid when using a money order.
The most important thing is to make sure you spell the recipient and payee's names correctly and fill out all the parts of the order. If you forget to fill something out or misspell a name, it can void out the order. Never leave anything on the order blank, and don't forget to keep your receipt of the transaction. Don't forget to shop around for the lowest fees for a money order, either.
One obvious advantage of using a money order is its simplicity. You can walk into a big box or even your local grocery and walk out with a money order, You don't need to have a checking account to purchase a money order, either, and they are simple to fill out.
The disadvantages are minimum, but they may be enough to dissuade you from using one. First, you have to pay a fee to purchase a money order, something you don't have to do when using a check.
If you lose a money order and it is not filled out correctly, it can be easily stolen. You'll have to purchase more than one, and with each order comes additional fees. If you lose or need to cancel your money order, it can take up to 30 days or longer to be reimbursed.
If you need to cancel or replace a money order, immediately contact the entity that issued it to you, and they will ask you to fill out a cancellation request form. Always make sure to save your receipt and be prepared to show it. You will need to pay a fee for a canceled money order, as well. When you fill out a cancellation request, you may ask for a replacement money order or a cash refund. According to Experian, it can take up to 30 days or more for a refund or replacement, so you will have to be prepared to wait.
If the matter is urgent, you will have to purchase another money order. There are many alternatives to money orders. You can use apps like Venmo and PayPal to send money with one swipe, and many banks, like Chase, use Zelle to transfer money directly from your checking account.
You can write a personal check, too, for zero fees and more protection, should the check get lost or stolen. You can buy a money order for a small fee at convenience stores, money order businesses, big-box stores, and at some credit unions and banks.
There are drawbacks to using money orders such as a limited amount of money on each order, fees, and a 30 day or more waiting period for a refund on a canceled money order. Unfortunately, if you make a mistake, it is hard to correct.
For example, if you write out the wrong payee name or misspell it, you will have to ask for a refund, which could take 30 days, according to Western Union. If someone finds a blank money order with a specified amount on it, in theory, they could fill it out and cash it. If you find a blank money order with no cash value listed, you cannot cash it. Anyone can cash a money order, assuming it is made out to them and they have valid identification.
United States Postal Office. Accessed Sept. Western Union. Checking Accounts. Personal Finance. Your Privacy Rights. To change or withdraw your consent choices for Investopedia. At any time, you can update your settings through the "EU Privacy" link at the bottom of any page.
These choices will be signaled globally to our partners and will not affect browsing data. We and our partners process data to: Actively scan device characteristics for identification. I Accept Show Purposes. Your Money. Your Practice. Popular Courses. Table of Contents Expand. What They Cost. What Information You Need. How to Fill out a Money Order. How to Deliver a Money Order.
0コメント