Maybe you’re wondering what if you have the opportunity to use a cheque without having any bank account. Moneygram money order gives you this chance in hand, and it’s similar to a bank cheque but slightly different because it’s a prepaid cheque which means it doesn’t let your cheque go bounce. MoneyGram is an American base peer-to-peer (P2P) cross-border payment system with multiple branches all over the country and the second largest money transfer service globally. We’ll explore here in this article every aspect of Moneygram and presents a straight-up guide on how to fill a Moneygram money order in 2022.
Key Takeaway
- Money orders are easy to buy and cash.
- Don’t make spelling mistakes but make sure all the blanks must be filled appropriately.
- It can take up to 30 days for a refund.
- Avoid using your personal debit card.
What is a Money Order?
A money order is similar to a regular personal check. For example, it is a piece of a document provided to you in the face of your money. The benefit to fill the money order is that you don’t need to have any bank account required for cheques, but it provides prepaid cheques that eliminate cheque-bouncing risks. Teenagers use money orders, though it gives these youngsters an alternative to bank cheques. On the other hand, using money orders carelessly might be dangerous. If your money order cheque got lost or stolen, then recovery of that money can be difficult.
Why Should I Need to Fill Moneygram Money order?
Moneygram is an essential source that allows you to send or receive money without any hurdle and provide you cheque facility, so there is no need for you to have any checking account. MoneyGram is a reliable, safe, secure payment system trusted by many and money orders now have 200k spots in the USA where you can receive or send money. Just like its extensive growth and ongoing popularity, you should also have to avail this opportunity.
5 Quick Steps: How Can I Purchase & Fill Out MoneyGram Money Order?
Buying and to fill MoneyGram money order is not a complicated task, and the desired part of MoneyGram is to eliminate the risk of cheque bouncing. You just need to go to the MoneyGram official website, hit a tap at find location, and purchase money orders from any MoneyGram location branch. I assure you you’ll be able to fill out your money order after going through these 5 simple steps, so stick around.
- Write a Recipient’s Name
Write your recipient’s name in the section where it says pay to the order on the money order receipt. A recipient could be a person or company – filling out the receipt name secures your payments. Suppose in a situation where the money order is lost. Nobody can redeem that payment except the one whose name is on the receipt.
- Put your Address Details
An Address filling requires your state, city, zip code, etc. Therefore, I can guide you when you write your address on the money order; it helps the recipient know your location. However, when he feels any difficulty regarding redeeming a cheque so then he can contact you in that case.
- Let’s Fill the Account Number Details for MoneyGram money order
When paying bills with money orders, you’ll need to put your account number on the money order to ensure that all the transactions from your bills are credited to your account. On your money order, there is a section of Payment for / account number. If you didn’t find that section, write your account number on the upper or bottom of a cheque.
- Sign Money Order Cheque
The majority of people do not know where to sign their MoneyGram money orders, which is fine, although I was in a similar situation when I started. So, I am showing you a form where there is a section you’ll see “purchaser’s signature” on a cheque. Go ahead and write in your signature here.
- Pay The System Fee & Store Your Receipt at Save Place
To fill MoneyGram money order some requires a processing fee, and some don’t. Please save your receipt in a secure place in case you face any problems regarding payment issues. You have at least the tracking number to track your payment so you can inform the system to cancel it.
I hope you undoubtedly find out your problem solutions and we try to describe it in a short and faster way without taking any of your time. The following questions regarding Moneygram can be found below the article.
What To Know: Require Detail for MoneyGram & Where to Get Your Money Order
MoneyGram does not require extra documents. If we see another side, it requires documents when you use the money order to pay a bill. In this scenario, you’ll need to fill out the address, payment amount, and account number blanks. Now you must continue your payment process further.
There are certain places where you can get your MoneyGram money order. It’s a piece of paper available at the company’s given locations. Buying it online is also a way, but it’s rare and costly. Therefore, dozens of locations in the USA buy and sell these money orders. Get your money order from any of the locations. Each money order has a maximum limit of $1000 though buying multiple at the same time technically increases your sending limit.
Unbelievable Pros & Cons of Money Order
Just like we discussed the scenario about money order and what are its benefits. On the other hand, we must also discuss the disadvantage. Because of its simplicity, money order acquired more space in the world of payment exchanges. In that scenario, we should also be aware of its pros and cons, so without further a due let’s dive in.
Pros
- It’s easily available in your surrounding markets.
- You don’t need a bank account to send and receive payments through cheques; simply just fill up the MoneyGram money order
- The person to whom you send the payment can receive a payment.
Cons
- Your limit per cheque is just $1000.
- If you cancel your transaction, it will take up to 30 days to return your payment.
- If you didn’t add the receiver’s name on the cheque, then consequences must be faced. Someone can withdraw that money by putting his name on the cheque.
How Can I Correct & Edit My Info on Money Orders?
Most money orders don’t allow you to change details because changing information can be the reason your payments might get stuck and could become a problem for both receiver and sender. The most acceptable option is to cancel the money order and get your refund, then start to fill the new money order by adding the correct details.
Is It Possible to Protect Me from Money Order Scams?
In the past decades, people got many complaints regarding money orders because of low security if stolen. But now, it got modified and added security-wise and anti-fraud features like ultraviolet rays scanners to detect the authentication of money orders. And pass it through different indicators to check its genuineness, whether money order is fake or real. The 3 big giants (western union, US portal, and MoneyGram) are the safest play but do check these features in them. If got trouble finding them, then call them to fix your problem.
Fill the MoneyGram Money Order: Last Verdict
Most people think in the current modern era, why would anyone want to send and receive payment through money order instead when you have the digital payment system? People assume that money orders are like a vintage payment system. But don’t know nowadays, money orders also have an online presence either do money order online or through cheque. The most trusted and acceptable source to send and receive payments. A Paper cheque receipt never expires nor gets hacked because it’s in a physical form. If stolen, replace them with another cheque.
