Money order services Forms for Chicago
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FAQ
Minimum amount that can be remitted is Rs 1,000 and the maximum is Rs 50,000. The service charge ranges between Rs 150 and Rs 330, as per amount slab. The cost is almost 10 times that of Immediate Payments Service (IMPS) and Unified Payments Interface (UPI).
Steps to fill out a money orderFill in the name of the recipient. Write the name of the recipient of the money order in the pay to or pay to the order of field.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.
What Is a Money Order? A money order is a certificate, usually issued by a government or banking institution, that allows the stated payee to receive cash on demand. A money order functions much like a check, in that the person who purchased the money order may stop payment.
You'll also need to bring a valid form of payment to buy the money ordercash, traveler's checks, and debit cards are all generally accepted by most issuers.
Whose address do you put on a money order? If you're sending a money order, you'll need to put your own address in the purchaser section. This section might be labeled from, remitter or sender rather than purchaser.
You don't have to write the amount of the money order in, but you should make sure it's correct. Payee. The first line of the money order usually reads Pay to the order of or Pay to. Here, write the name of the person or business you'll send the order to.