MONEYMoney Management

A step by step guide on how to fill a money order

A step by step guide on how to fill a money order

A money order is essentially important for persons who don’t have a checking account. Debit cards and credit cards have virtually replaced the older check system, even though some still keep it for memory sake, people who don’t use checks but wants to make a secure payment or mail a huge sum of money can always use a money order, it is easy to fill but it’s very important that you fill it properly, when filled properly, it delivers funds to the intended person or business.

Below is a simple and succinct guide on how to fill a money order in five (5) steps:

  1. Fill in the recipient

The first step in filling a money order is to designate a particular name to it, this is just like filling a check too. The name of the person, company, or organization that would receive the money should be written in either of the two (2) format; “Pay to” or “Pay to the order of”. The bank would confirm if the identity of the recipient matches with the one on the money order, and it is very important to fill this section so that it doesn’t fall into the wrong hands.

  1. Your address should be written in the purchaser’s section

It’s very important to fill your own address in the purchaser’s section because you’re the purchaser, this is to allow the recipient to be able to contact you in case there are any questions or eventualities, the address should be written immediately after your name, it may or may not be compulsory, depending on the bank’s policy.

  1. Add any other important information

It’s necessary to add any other imported information, these information may include your account number if you’re paying for a bill, “Conjugal bliss” if you’re sending a wedding card, or your house number if you’re paying your land tax.

  1. Sign the money order

Your signature is as important as anything, as it’s what makes the money from valid. Append your signature at the front of the money order after filling it, while the recipient would append signature on the back of the money order.

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