I’m a firm believer that information is the key to financial freedom. On the Stilt Blog, I write about the complex topics — like finance, immigration, and technology — to help immigrants make the most of their lives in the U.S. Our content and brand have been featured in Forbes, TechCrunch, VentureBeat, and more.
See all posts Frank GogolHow to Fill Out a MoneyGram
Updated on April 10, 2024
Written by
Written by
Reviewed by
Rohit Mittal
Reviewed by
Rohit Mittal
Rohit Mittal is the co-founder and CEO of Stilt. Rohit has extensive experience in credit risk analytics and data science. He spent years building credit risk and fraud models for top U.S. banks. In his current role, he defines the overall business strategy, leads debt and capital fundraising efforts, leads product development, and leads other customer-related aspects for the company. Stilt is backed by Y Combinator and has raised a total of $275M in debt and equity funding to date.
See all posts Rohit MittalAt a Glance
- Filling out a MoneyGram money order involves writing the recipient’s name, signing as the purchaser, providing your address and account number (if applicable), paying the processing fee, and keeping the receipt for tracking.
- Money orders are a secure alternative to personal checks, purchased upfront and used for sending money without a bank account.
- MoneyGram money orders can be bought from any MoneyGram location.
- Additional FAQs address topics such as address entry, signing as the purchaser, error correction, depositing, expiration date, cashing, refunds, and tracking money orders.
Have you ever found yourself wishing you could use a check without needing a checking account? What if we told you there is actually a way in which you can accomplish this? That’s right! This can be accomplished easily with the help of a MoneyGram money order.
But what exactly is a money order, and how do you go about filling one out? This is what we’ll be exploring today.
Steps to Fill A MoneyGram Money Order
It can be a bit of a hassle figuring out how to fill out your money order. Here are a few simple steps you can follow to do so.
Step 1: Write the Name of the Payee
In your money order, you will notice a line that says, “Pay to the order of.” This is where you need to fill in the name of the recipient of the money order. Whether it is the name of a person or a company, filling in the recipient’s name will authorize them to deposit the money order or cash it in.
You need to complete this section as soon as you purchase your money order. This way, no one else will be able to make use of it even if your money order gets lost or stolen.
Step 2: Sign the Money Order
A lot of people get confused about where they need to sign their name on a money order. Some people think they need to sign the name on the back portion of the money order. However, you need to leave this space blank as the back is where the money order recipient will endorse the money order before depositing it or cashing it in.
So, where do you need to sign your name? Usually, most money orders contain a section with the words, “Purchaser’s signature.” Since you are the one who has purchased the money order, you need to put in your signature here. This section might also be titled “From,” “Drawer,” “Signer,” or “Purchaser.” All of these mean the same thing, and they require your signature.
Step 3: Fill Out Your Address
You might be wondering why you need to fill out your address on a money order. Putting in your address will tell the recipient where they can contact you if they encounter any issues with the money order. So, where do you need to fill out your address?
You will notice an address line in your money order somewhere at the bottom. This is where you need to fill in your address, including your street name, city name, state, and zip code.
Step 4: Put in Your Account Number
If you are using your money order to make a bill payment, you need to include your account number to make sure you are being credited for the amount you are making the payment for.
You can fill this out in the section titled, “Payment for/account number.” If such a section is not present in your money order, you can write your account number either at the bottom or top of the money order.
Step 5: Pay the Processing Fee
Some money orders require you to pay a processing fee as well.
Step 6: Store the Receipt
You need to keep your receipt in a safe and secure place. Your receipt can help you in case your money order gets stolen or lost. You will be able to use the tracking number on the receipt to track your money order and replace it.
What Is a Money Order?
A money order works pretty much in the same manner as a personal check. In other words, it is a certificate that is written out for a particular sum of money. The main difference between a money order and a personal check is that you do not need to have a bank account to use a money order.
All you need to do is purchase the money order and pay the amount upfront (along with the fee for the money order), and you will be able to use it to send money wherever you want.
Money orders are instrumental if you want a cheap and simple alternative to a personal check. They are popularly used by people who do not have a bank account. However, this does not mean you handle a money order carelessly. You need to keep it safe and secure as it might be difficult for you to recover it if it gets stolen.
How Do I Buy MoneyGram Money Orders?
You can buy MoneyGram money orders from any MoneyGram location. All you need to do is head over to the official MoneyGram website and click on “Find a location.”
Read More
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- How to Cash a Check Without an ID
- How To Sign Over a Check
Conclusion
So, this is how to fill out a money order with MoneyGram. Although the process is fairly simple, you need to fill it out accurately to ensure the money order is in safe hands.
Frequently Asked Questions (FAQ)
What Should I Enter as the Address on a Money Order?
If you are the one who has purchased the money order, then you need to fill in your residential address on your money order.
Who Signs on a MoneyGram Money Order Purchaser Line?
The person sending the money order is the one signing on the dotted line of the money order.
What Details Do I Need to Provide for a MoneyGram Money Order?
The information you need to fill out on a MoneyGram money order includes the name of the recipient, their address, the payment amount, and the account number (in case you are making a bill payment).
How Can I Rectify an Error on a Money Order?
Most money order issuers will not allow you to correct any mistakes on your money order. This is because making any changes to the information on your money order will make it ineligible for cashing or depositing. Your best bet would be to have your money order canceled and refunded and then using a new money order instead.
Can I Deposit My Own Money Order?
Yes, you can deposit your own money order into your checking account.
Do MoneyGram Money Orders Have an Expiration Date?
No, MoneyGram orders do not come with an expiration date.
Can I Cash a MoneyOrder Without the Signature of the Purchaser?
It is not legally necessary to put the purchaser’s signature on every money order. Some money orders may ask just for your name.
What Is the Maximum Limit For MoneyGram Money Order?
The limit for MoneyGram money orders is $1,000 per order.
Can You Cash a Filled Out MoneyGram Money Order?
Yes, if you no longer need your MoneyGram money order for payment, then you can cash it in at your bank. You can do so by writing the phrase, “Not used for the purpose intended” on the back of your money order.
How Do I Get a Refund?
Yes, you can get a refund for your money order by completing the “Money order claim card” here.
How Do I Track My Money Order With MoneyGram?
Once you have cashed your money order, you can track it by entering the serial number here.
Frank Gogol
I’m a firm believer that information is the key to financial freedom. On the Stilt Blog, I write about the complex topics — like finance, immigration, and technology — to help immigrants make the most of their lives in the U.S. Our content and brand have been featured in Forbes, TechCrunch, VentureBeat, and more.