What To Do If Money Order Gets Lost In The Mail

Whether y'all received a money society or bought one to pay someone else, losing it doesn't always mean saying bye to your funds.

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

Can you abolish a coin order?

You can cancel a money order that hasn't been cashed. (If information technology's already been cashed, skip alee. ) If yous're non sure well-nigh your money order's status, you tin rails it by calling the issuer'south client service number or using the tracking characteristic on its website.

How to abolish a coin order

Here are the steps to abolish a money order.

Step one: Contact the issuer , who will ask y'all to showtime the cancellation procedure by completing a request class. If it was a Mail service money order, visit a post office to fill out the course.

Stride 2: Provide details  on the request form, such as the money club'south purchase date, location and amount, as well as its tracking number. You'll notice this information on the money society receipt, which the heir-apparent gets at the time of buy. If you don't take the receipt, fill in as much information as you can.

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

Footstep 3: Attach a re-create of the receipt , if you have it.

Pace 4: Submit the counterfoil request course and pay a fee. Depending on the provider, y'all don't have to return the course to the same location, or even in person. Some issuers, including Western Union, let y'all email, fax or mail the request.

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Fees for canceling a coin order

Here'southward what some of the larger money-order issuers charge for a cancellation:

• MoneyGram: $18 (bachelor at Walmart).

• U.S. Postal service: $6.25.

• Western Marriage: $fifteen if yous take your receipt, $30 if you don't.

One time the issuer accepts payment, it will verify your information and research whether the coin order was cashed. If all goes well, the issuer volition cancel the sometime money order and send a new one. The entire process varies by issuer, but information technology often takes about xx to 30 days if you provide a receipt. If not, information technology can accept around eight weeks.

Coin guild refunds

Instead of receiving a new coin guild, you tin can ask for your money back, usually on the aforementioned grade. The fees and time to process are more often than not the same every bit if yous canceled.

What if the money order was cashed?

If the money club has already been cashed, you probably won't go your cash back or a replacement money order. But you might still be able to collect.

The provider might give you a photocopy of the cashed money club. If you lot remember information technology was cashed fraudulently, alarm your local law enforcement. The copy could help authorities catch the criminal and make sure the coin is returned to you.

To help protect yourself confronting fraud, write a name in the "payee" field equally soon as you buy the coin order and give one but to people or businesses you trust.

If y'all receive a money order, greenbacks it or deposit it in a checking or savings business relationship  before you have a chance to lose it. 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: griggsnour1949.blogspot.com

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