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Money Orders

Moneyorders are one of the retail options when transferring money. Money orders are primarily used to pay bills and pay people and are mostly used by people that do not have access to a checking account. They can be used to transfer money internationally but you would have to make sure the receiving bank accepts them. This can vary greatly depending on the bank and type of money order.

Western Union Money Orders

Western Union's money orders can be bought at any retail outlet that carries their services - look for the black & yellow signs. Some of the outlets will cash Western Union money orders but some will not. For the recipients using them to deposit into a non US bank; check to make sure your bank accepts them.

USPS Money Orders

The USPS (United States Postal Service) has a money order service for people looking to transfer money internationally as they have agreements set up with participating countries. This service is available in 30 countries so far with more being added. The dollar limit on each money order is $700. The nice thing about USPS money orders is that the recipient can cash them at postal locations in the receiving country. The fee per money order is $3.85 and they can be sent using Global Priority or Global Express mail. Some of the popular destinations for USPS money orders are: Canada, Dominican Republic, & Mexico.

 

 

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