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<p>[QUOTE=&quot;Conder101, post: 1211716, member: 66&quot;]It works like a check and is a form of &quot;guaranteed&quot; payment.&nbsp; You purchase the money order for the amount you want to send plus usually about 50 cents.&nbsp; The business or post office fills out the amount and you fill in who to pay it to and who it is from then you mail it to the recipient.&nbsp; They can treat it like a check and deposit it or in the case of a postal money order they can take it to the post office and they will cash it right there at the window.&nbsp; I say it is a &quot;guaranteed&quot; form of payment because they are not written until you have turned over the money for the order so the recipient knows the money is there to cover it.&nbsp; (Kind of like a cashiers check at the bank where they will withdraw the amount of the cashier check from your account and hold it until the check is cashed.)&nbsp; most people prefere Postal money orders from the post office because they tend to be the safest, they can be cashed at any post office, and if you receive one even if you don&#039;t want to cash it the post office can verify that it is good.&nbsp; (Blank postal money orders do get stolen but the PO keeps a record of all the serial numbers so they can check to see if the presented order is printed on a stolen blank.&nbsp; This is a little more questionable with money order sold by other businesses.)&nbsp; Overall Money Orders are a pretty convenient way for people who don&#039;t have bank accounts to send and receive money safely through the mail.[/QUOTE]</p><p><br /></p>

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