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Important Money Order Question!!

Started by uchiha101,

6 posts in this topic

kinzebac

kinzebac

Posted
Posted
When sending a money order what do you guy do to insure it doesn't get lost? and if in the case what do you do about it?

 

 

If you are going to use money orders, you need to buy them from USPS. They are insured. If you are worried about the other party receiving the money order, then you can send it certified mail with a signature required and get a tracking number.

 

 

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uchiha101

uchiha101

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  • Author
Posted
When sending a money order what do you guy do to insure it doesn't get lost? and if in the case what do you do about it?

 

 

If you are going to use money orders, you need to buy them from USPS. They are insured. If you are worried about the other party receiving the money order, then you can send it certified mail with a signature required and get a tracking number.

 

 

I only have canada post where I live

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Artboy99

Artboy99

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Posted

I recommend a bank money order or draft. If it gets lost or is not negotiated you can cancel the draft at your bank and have another issued. The bank can prove it was never negotiated. The bad news is I believe you have to wait 60 days before it can be cancelled.

 

I also recommend sending the money order/ draft in a trackable envelope, expedited via Canadapost.

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uchiha101

uchiha101

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I recommend a bank money order or draft. If it gets lost or is not negotiated you can cancel the draft at your bank and have another issued. The bank can prove it was never negotiated. The bad news is I believe you have to wait 60 days before it can be cancelled.

 

I also recommend sending the money order/ draft in a trackable envelope, expedited via Canadapost.

 

okay thanks I'll do that so if it gets lost with the bank I would be able to cancel it?

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pemart1966

pemart1966

Posted
Posted
When sending a money order what do you guy do to insure it doesn't get lost? and if in the case what do you do about it?

 

 

If you are going to use money orders, you need to buy them from USPS. They are insured. If you are worried about the other party receiving the money order, then you can send it certified mail with a signature required and get a tracking number.

 

 

I only have canada post where I live

 

You can get a money order from Canada Post no problem. If the MO gets lost they will put a trace on it and after so many days (check with them to see what the time frame is) they will issue you a refund or a new money order.

 

If you want to ensure that the letter doesn't get lost then send it registered mail.

 

 

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