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Advantages of using money orders Money orders are best for purchases where you don't know the other person well. For example, many landlords require a money order or cashier's check for the first ...
Depending on where you go or where you're transferring to, the maximum amount for your money order might be less. For example, the post office only lets you send $700 internationally, and limits ...
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How do money orders work?
Generally, money orders can be purchased for any amount up to a certain number. At the post office, for example, you can send ...
The maximum money order amount varies by issuer. For example, the biggest money order you can get at the post office is $1,000. However, some issuers may have a lower cap. To protect against fraud ...
Cashier's checks cost more, but let you send more money. Money orders are cheaper and easier to buy, especially if you don't have a checking account. Many, or all, of the products featured on this ...
“Like cash and regular checks, money orders are susceptible to being lost or stolen,” says Leslie Tayne, a financial attorney and managing director of Tayne Law Group in New York. “For ...