How To Cancel A Postal Money Order

Whether you received a money society or bought ane to pay someone else, losing it doesn't always mean saying goodbye to your funds.

Here's how to cancel and replace a money order or get a refund.

Can you cancel a money society?

Yous can cancel a money gild that hasn't been cashed. (If information technology'south already been cashed, skip ahead. ) If you're not sure about your coin order's status, you lot tin track it by calling the issuer'south customer service number or using the tracking feature on its website.

How to cancel a coin order

Here are the steps to cancel a money gild.

Footstep i: Contact the issuer , who will enquire you to showtime the cancellation process by completing a asking form. If information technology was a Post money order, visit a postal service office to fill up out the form.

Footstep 2: Provide details  on the request form, such equally the coin club's purchase date, location and amount, also equally its tracking number. You'll find this information on the money social club receipt, which the heir-apparent gets at the fourth dimension of buy. If you don't have the receipt, fill in equally much information as y'all tin can.

You lot might also be asked for the name of the person or company you were paying and a brief description of how the money order was lost.

Stride iii: Attach a copy of the receipt , if you have it.

Step iv: Submit the cancellation asking grade and pay a fee. Depending on the provider, y'all don't have to return the form to the aforementioned location, or fifty-fifty in person. Some issuers, including Western Union, permit you electronic mail, fax or mail the request.

Discover Bank Cashback Debit

Federally insured by the NCUA

Alliant Credit Matrimony High-Charge per unit Checking

Deposits are FDIC Insured

Current Account

Deposits are FDIC Insured

Chime Checking Business relationship

Citi Priority Checking

Fees for canceling a coin order

Here's what some of the larger money-society issuers charge for a cancellation:

• MoneyGram: $eighteen (available at Walmart).

• U.S. Postal Service: $six.25.

• Western Matrimony: $15 if you take your receipt, $30 if you don't.

Once the issuer accepts payment, information technology will verify your information and enquiry whether the money order was cashed. If all goes well, the issuer will cancel the one-time money social club and send a new one. The entire process varies by issuer, simply it often takes well-nigh twenty to xxx days if you provide a receipt. If non, information technology can take around eight weeks.

Coin order refunds

Instead of receiving a new money order, you lot can ask for your money back, usually on the same form. The fees and time to process are generally the same equally if you canceled.

What if the coin order was cashed?

If the coin gild has already been cashed, y'all probably won't become your cash back or a replacement money guild. But you might withal be able to collect.

The provider might requite y'all a photocopy of the cashed money order. If yous retrieve it was cashed fraudulently, alert your local police force enforcement. The copy could help authorities catch the criminal and brand certain the money is returned to you.

To help protect yourself against fraud, write a name in the "payee" field as soon every bit you buy the coin order and give ane only to people or businesses you lot trust.

If you receive a money gild, cash it or deposit it in a checking or savings account  before y'all take a gamble to lose information technology. But if your money order does disappear, follow these steps for a decent shot at reclaiming your cash.

Source: https://www.nerdwallet.com/article/banking/lost-money-order

Posted by: plantlicedle.blogspot.com

Share this post