How to Cash a Money Order? Overview & 10 Facts

Although obtaining and mailing a money order is a pretty simple procedure, some receivers may find it difficult to cash a money order, particularly if they do not have their own bank accounts. It might be difficult and costly to cash a money order from a foreign nation.

There are a number of acceptable methods for cashing a money order, albeit each outlet has the right to impose its own fees and other limitations.

How to Cash a Money Order

To successfully cash a money order, please refer to the instructions listed below. After getting your cash, you may either deposit it into a bank account or use it for your needs. Consider getting rid of your cash as quickly as possible, so you’re not lugging about a huge quantity.

How to Cash a Money Order?

  1. Bring your money order to a location that will cash it. You may take the money order to your bank, credit union, grocery store, and some retail locations. Below is a comprehensive list of locations where you may cash a money order.
  2. Endorse your money order. Sign the reverse of the money order only when you are ready to give it to the cashier. Then, approve the order by signing its back.
  3. Verify your identity. Sign the reverse of the money order only when you are ready to give it to the cashier. Then, approve the order by signing its back.
  4. Pay service fees.You may be required to pay a charge to cash a money order, although the costs are often minor. The fees will be deducted from the total cash amount collected.
  5. Receive your cash. Before leaving the service counter, place your cash in a secure area. Consider using a money belt or wallet to secure your cash. You may choose to inform the sender that their money order has been cashed successfully.

Where to Cash a Money Order

Numerous locations provide this service, so cashing a money order is often straightforward. Some of the alternatives below may be more suitable for you than others, depending on where you reside and where you frequent.

Bank. Cashing a money order at a bank is one of the simplest methods of receiving monies. Consider cashing the money order at a bank where you already have an account so that you may instantly and safely deposit the monies.

Credit union.  If you have an account with a credit union, you may cash money orders similarly to a bank.

Money transfer agency.  There are several locations that specialize in money orders, such as Western Union and MoneyGram. Generally, they provide prompt service at affordable prices.

Post office. Curious about how to cash in a postal money order? The post office is the most convenient location to cash USPS money orders and safely handles money orders. In addition, you may ship a box and acquire postal stamps there.

How to Cash a Money Order?

Grocery store.  Some grocery shops, but not all, will cash money orders. Ask their customer service counter whether they accept money orders, allowing you to avoid doing a second errand while food shopping.

Check-cashing location. Money orders are often offered by stores that accept checks, such as your paycheck or a payment from a friend.

Convenience store.  Not all convenience businesses provide money order cashing services. Before visiting their place, please contact them first or visit their website.

Money order issuer. Examine whose organization issued your money order. You may cash it in at a location that uses the same firm, such as Western Union.

Retail store. Some shops accept money orders. Verify with their customer care counter or by calling in advance.

When to Use a Money Order

Money orders may be useful in several circumstances. They are reliable means of payment that may be delivered and received from practically any location on the planet.

Here are some instances in which you may want to utilize a money order:

  • Payment cannot be made without a check.
  • Not accepted as a method of payment is a check.
  • You are transferring funds overseas.
  • You fear that a check may bounce.
  • For purchases, such as a used vehicle or security deposit for a rental, cash is necessary.
  • You need to submit a payment via the mail.
  • There is no checking or savings account in your name.
  • You want to make a major buy but do not have the necessary funds on hand.

When mailing a money order, whether at a bank, a convenience shop, or the post office, save the receipt for monitoring reasons.

How to Cash a Money Order?

It is essential to save your records and receipt if your money order is lost or stolen. Notify the receiver that you’ve sent them a money order, and request that they let you know when they receive and cash it.

Money order fees may vary from location to location, despite the fact that they are typically small. Additionally, the fees depend on the amount of money being sent and whether the funds are being sent domestically or internationally.

If you are unsure of how to complete a money order, you can ask a clerk at the service counter for assistance.

Money orders are a secure way to send cash, particularly if you do not have a checking account or are receiving a payment by mail.

Money orders can be cashed at a number of locations, making this service convenient and cost-effective. Therefore, whether you’re selling a used vehicle or sending a payment through the mail, a money order may be the best option.

Maintaining financial stability and security is of the utmost significance. To live the life you desire, it is necessary to know your financial standing.

How To Deposit Money Orders

If you don’t need the whole amount in cash immediately, it’s typically best to deposit the money order into your bank account rather than cash it. If required, you may get cash later, and your savings will remain secure in the bank.

If you have other needs for the funds, you may move them from your current checking or savings account. If you do not currently have a bank or credit union account, you may use the money order to make your first account opening deposit.

Long-term, having a bank account might save you money and time.

The depositing of a money order is identical to that of a cheque. Simply endorse the money order and list it as a separate check on the deposit sheet.

Use your mobile device to deposit money orders with prudence. Many banks may not accept mobile money order deposits and may ask you to provide the original money order for processing. Ensure your bank allows mobile money order deposits before attempting to purchase a money order.

How to Cash a Money Order?

Fees for Cashing Money Orders

Expect to pay a charge when cashing a money order outside of your bank. Transaction fees are often a few dollars or a percentage of the overall revenues. These costs may pile up, particularly at check-cashing and convenience shops, which often charge higher rates. Moreover, they do not always make their fees transparent.

MoneyGram money orders may be cashed at most Walmart locations for a maximum cost of $4 if the amount is $1,000 or less, or $8 if the value is $1,001 to $5,000.

Even though they charge monthly maintenance costs, it may be advantageous to establish an account with a bank or credit union if you get more than one or two money orders each month. As a client, you may visit your bank whenever you wish to cash money orders or cheques at no extra cost.

Money Order Scams

There are a large number of cons using incorrect money orders. Verify the money order’s legitimacy before to receiving it if you want to ensure payment. You may accomplish this by discovering the issuer’s phone number and dialing it.

Never receive a money order for more than you requested, then cash it and give the extra monies back to the “client.” This is nearly always a scam, and you will eventually be accountable for the whole amount of the counterfeit money order.

If you are worried about fraud, immediately cash or deposit a money order once you have confirmed its legitimacy. After submitting the money order to you, the buyer has the option to cancel it.

The Best Places To Buy a Money Order

If you want to issue a money order but don’t want to utilize your bank account, you may typically get one straight from your bank. They are also available at any USPS office.

Notes When You Cash a Money Order

Double check the info on the money order

When you get a money order, the first thing you should do is verify that the amount is right; since money orders are pre-paid, you should know in advance how much you are receiving. Ensure that the name on the money order matches the name on your identification card.

Additionally, you must ensure that the money order is valid. If you know the sender, this may not be an issue, but if you are unsure of who sent it, you should verify that it is what it is intended to be.

Research the location where you will cash your money order

If you cash with a bank or credit union where you have an account, you may not incur any costs, and you may also be able to avoid fees by cashing a USPS money order at a USPS store.

How to Cash a Money Order?

Going straight to the issuer is another method for verifying a money order; if you cash or deposit a counterfeit money order with your bank, the bank may reverse the transaction.

Bring your money order to a business that will cash it, and be prepared to pay a charge. According to SmartAsset, if you go straight to the location that issued your money order (remember, this may be Western Union, Moneygram, Walmart, or the United States Postal Service), you may be able to reduce your expenses.

Numerous retail outlets provide simple money transfer services, such as Moneygram and Western Union counters. Numerous users submit money orders via the United States Postal Service, and local post offices cash USPS money orders.

Included are banks, credit unions, grocery shops, post offices, retail establishments, and convenience stores.

Plan to cash your money order in a timely fashion

The longer you keep the money order, the greater the risk that it may be lost, destroyed, or misplaced.

In addition, because the sender may cancel a money order, paying it soon is a strategy to protect yourself from potential fraud. If you have already cashed the check with the issuer, they cannot cancel it.

Make sure you have proper identification with you to cash the money order

This will contain a government-issued photo ID, such as a driver’s license, passport, or other similar document. A valid ID is required to cash a money order.

Sign the back of your money order to endorse it

Do not sign the money order beforehand; instead, sign the reverse of the money order at the counter. “Don’t sign your money order until you pass it over to be cashed. Signing it in advance is perilous if the document is taken “says Steiner.

Understand you will need to pay service fees, which will be deducted from the amount you collect

The fees tend to be low — a few dollars, or a percentage of the total.

Put the cash you receive away before you leave the counter, and keep your receipt

Count the money that you receive, and make sure to get and save your receipt.

Put the cash away securely before leaving the location, to keep it safe.

How to Cash a Money Order?

Notify the sender that you have successfully cashed their money order

You don’t have to tell them, but you might want to consider updating the sender that your transaction is complete.

How Long are Money Orders Good For?

Money orders do not expire, although cashing establishments may have their own rules. Customers and non-customers alike may cash money orders issued by Huntington up to one year from the date of issuance. All non-customers will be subject to a check cashing fee.

If your money order is older than a year, it must be cashed at the location where it was issued. By promptly cashing or depositing checks and money orders, this issue may be avoided.

Visit a local Huntington ATM or branch, or use the Huntington mobile app, to cash or deposit your money order. We provide flexible scheduling choices.

Frequently Asked Questions (FAQs)

How do I cash a money order made out to someone else?

Before you may cash a money order made payable to someone else, the original payee must sign over the money order to you. It is same to presenting a cheque for payment. On the endorsement line on the reverse of the money order, the payee must sign their name and write “Pay to the order of [their first and last name]”

Where can I cash a money order for free?

You should visit the bank or credit union where you have an existing account. To cash a money order, retailers or banks where you do not have an account may often charge you a few bucks.

Where can I cash a money order on a Sunday?

Typically, banks are closed on Sundays, however money orders may be cashed at some businesses and supermarkets. The retailer is open on Sundays and accepts MoneyGram money orders.

How to Cash a Money Order
  1. Do not sign the money order yet.
  2. Go to your local branch.
  3. Present the original money order to the teller.
  4. Provide a government-issued ID.
  5. Provide your account information (signature card, ATM card, debit card, or deposit slip).
  6. Sign (endorse) the money order in front of the teller.
  7. Receive the cash (or complete the deposit) and get a receipt for the transaction.
A money order is a safe alternative to cash or a personal check; it works like a check so you can cash it or deposit it into a bank account.


If you are getting a payment from someone you don’t know, particularly over the mail, you may want to consider accepting a money order instead of a personal cheque or cash.

It is regarded as very secure and is an effective method of sending money fast in instances when a personal check is inappropriate. In some circumstances, money orders are preferable over cash.

However, since money orders may be canceled by the sender, they are an attractive instrument for use in fraud. To verify your money order, you might begin by contacting the issuer at a number you’ve independently verified to be valid.


How to Cash a Money Order
  1. Do not sign the money order yet.
  2. Go to your local branch.
  3. Present the original money order to the teller.
  4. Provide a government-issued ID.
  5. Provide your account information (signature card, ATM card, debit card, or deposit slip).
  6. Sign (endorse) the money order in front of the teller. This is typically on the back, but the teller can help you find the endorsement line.
  7. Receive the cash (or complete the deposit) and get a receipt for the transaction.
Anyone can cash a money order, assuming it is made out to them and they have valid identification.
A money order is a safe alternative to cash or a personal check; it works like a check so you can cash it or deposit it into a bank account.
Banks usually accept post office money orders like they would a regular check at branches, ATMs or even on a mobile app. Money orders from other sources may need to be deposited at a branch. Just make sure you have an actual checking account with the bank.
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Pat Moriarty
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