Q:

How do I cash an international money order?

A:

The easiest way to convert an international money order into cash is to use the recipient's bank to cash it directly or to deposit it into an existing account. About.com compares money orders to checks in terms of their convertibility into cash.

There are several other ways to convert an international money order into cash, according to About.com. The money order can be cashed at a location of the order's issuer, such as a Western Union retail location, post office or a 7-Eleven. The recipient may also cash the money order at a check-cashing outlet though there is generally a fee involved when using this method.


Is this answer helpful?

Similar Questions

  • Q:

    What is an international money order?

    A:

    An international money order is an option of payment that is considered guaranteed funds redeemable in the United States and in many foreign countries. According to the U.S. Postal Service, its money orders never expire and can be cashed at banks or financial institutions in 29 countries.

    Full Answer >
    Filed Under:
  • Q:

    How do you cash a check without a bank account?

    A:

    Cashing a check without a bank account may be accomplished by visiting the check-issuing bank, a grocery store or a check-cashing institution. Another option is to sign the check over to a friend or family member, although this practice is not always accepted by financial institutions.

    Full Answer >
    Filed Under:
  • Q:

    How much cash can I deposit in the bank?

    A:

    Account holders can deposit as much cash as they wish in the bank. However, additional information is required by the federal government if a deposit of $10,000 or more in cash is made in a single transaction.

    Full Answer >
    Filed Under:
  • Q:

    Can a creditor garnish a bank account?

    A:

    According to the Federal Trade Commission, a creditor can only garnish a bank account after the creditor receives a judgement against the debtor. To receive a judgement, the creditor must first sue the debtor, and a court must award the creditor the right to garnish the bank account.

    Full Answer >
    Filed Under:

Explore