What is the cost of money order in India?
Current Postal Rates in India
Money Order Fees
Are money orders available in India?
Buy a money order form at the counter of the post office. A remitter is the person who send money order. The money order form duly filed in, together with the amount of the money order and commission either in cash or by Cheque be presented at the post office counter.
Each money order has a nominal fee, which can cost around a dollar at some retailers and check cashing stores. USPS charges $1.45 for money orders of up to $500 or $1.95 for orders between $500.01 and $1,000. Money orders can cost as much as $5 at a retail bank.22-Jun-2022
How much can a money order be sent?
How much money can be sent through Instant Money Order? A minimum of 1,000.00 INR and a maximum of 50,000.00 INR can be sent through Instant Money Order.
Money orders are typically used for smaller amounts than cashier's checks and that is reflected in the fee to purchase one. Depending upon where you purchase a money order, the fee ranges from $0.35 to $2.00. Money orders are typically capped at $1,000. Some places may limit them to smaller amounts.
Where is the cheapest place to get a money order?
The 11 Best Places to Buy a Money Order
Money orders can be purchased at a bank, credit union, the U.S. Post Office, or some supermarket and convenient store locations.
What is the advantage of a money order?
Like a check, money orders are written directly to individuals or companies by name, requiring endorsement and identification to cash them. This makes money orders much more secure than cash, protecting the funds in case of loss or theft.
In general, money orders should arrive to the recipient in a couple of days. However, during weekends or holidays this might take longer. For this reason, make sure to wait at least 14 days before expecting some issue with the money order.29-Mar-2022
Can I buy money order online?
Money orders are now available online, although they're a bit different from the ones you purchase in person. First off, what is a money order? It is similar to a check, except payment is guaranteed as someone already paid for it using cash, a credit card or a debit card.10-Oct-2011
Are money orders safe? Money orders are generally a safe alternative to cash or checks, since only the payee can cash or deposit it for the amount printed on its face. As long as you save the receipt, you can track your payment and recover any funds if it's lost, stolen or damaged.28-Apr-2022
How do I send a money order?
Steps to fill out a money order
money orders do not expire and retain their value indefinitely. As long as there are post offices, you can cash a U.S.P.S. money order. Please note that it's always possible that Western Union or U.S.P.S. have changed their rules.
Can we send money order online India?
Yes, you can send message along with money through Electronic Money Order. You will be provided with the option for message while filling the details and it will be delivered along with the money at no extra cost.
You can take the money order to your bank, credit union, grocery store, and some retail stores. Review our full list of where to cash a money order in the section below. Endorse your money order. Wait to add your signature to the back of the money order until you're ready to hand it over to the cashier.31-Jan-2022
Can you cancel a money order?
Can you cancel a money order? You can cancel a money order that hasn't been cashed. (If it's already been cashed, skip ahead.) If you're not sure about your money order's status, you can track it by calling the issuer's customer service number or using the tracking feature on its website.
A cashier's check is safer than a money order because it's backed by the financial institution that issued it. A cashier's check is filled out by the bank, so the funds can't be cashed by anyone other than who it was issued to. Money orders, on the other hand, carry extra risk. The “pay to” line is blank.15-Sept-2022
What is a money order vs check?
Just like personal and cashier's checks, money orders are secure forms of payment, representing an amount of money. Unlike checks, a money order does not pull funds directly from your account.
Share: A money order is a paper document, similar to a check, used as a form of payment. Typically, it's purchased by prepaying the amount printed on the face of the money order with cash or another form of guaranteed funds.
Where is the best place to get a money order?
Here are some of the best places to get a money order – many of which likely have locations right near you.
What is the cost of money order in India?