How Do You Send A Money Order Or Cashiers Check Through The Internet?
A money order is a form of payment in which the paying individual prepays the amount shown on the money order. Thus, the payee does not have to worry about the money order bouncing (such as when a personal check is used). Likewise, a cashier’s check is a check guaranteed by a financial institution and treated like cash. Many individuals and merchants prefer money orders or cashier’s checks over personal checks for this reason. Traditionally, money orders were purchased at financial institutions or the post office. Now, individuals can purchase and send money orders and cashier’s checks online. Learn how to buy and send a money order transfer or cashier’s check on the Internet to save yourself time. Collect the information you need to send a money order or cashier’s check. You will need the full name of the payee and his address and phone number, as well as the exact amount that you wish to pay. To purchase the money order online, you will also need a U.S. bank-issued credit card or deb