This form is a sample letter in Word format covering the subject matter of the title of the form.
This form is a sample letter in Word format covering the subject matter of the title of the form.
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Legally, a purchaser's signature is not required for a money order to be negotiable since it has been already paid for in cash. The named payee must sign in order to receive the cash.
? including a MoneyGram money order, a Western Union money order or a Chase money order ? follow five simple steps: Fill in the recipient's name. Write your address in the purchaser section. Include your account number if you're paying a bill. Sign where it says "purchaser's signature." Keep your receipt.
Steps to fill out a money order Fill in the name of the payee. ... Include your address in the purchaser section. ... Write the account or order number in the memo field. ... Sign your name in the purchaser's signature section. ... Keep your receipt.
Do money orders need to be signed? Money orders need to be signed in order for the person who receives it to cash or deposit it. If you're sending a money order, your signature doesn't have to be witnessed. But if you're depositing a money order you received, your bank may want to see you sign it in person.
You?the purchaser?sign the line on the front of the money order. The endorsement line on the back of the document is for the recipient to sign before cashing it. Once you've filled out the money order, you can give or send it to the intended recipient. They should be able to cash or deposit it at their bank.
The order needs to have the correct name, just like on a check, so the payee can successfully cash it. Purchaser: The next section requires the purchaser's information ? that's you! Write your full name and address. This clarifies for the recipient who the money order is from.
Changing information on the completed money order will make the order ineligible for cashing; the official policy is that money orders must be canceled and/or refunded if there is a mistake.
Sign your name in the purchaser's signature section Sign the front of the money order where indicated. This section may be labeled Purchaser's signature, Purchaser, From, Signer or Drawer. Don't sign the back of the money order, which is where the payee endorses it.