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What if you make a mistake on a money order

what if you make a mistake on a money order

See our money order guide. Step 1: Contact the issuerwho will ask you to start the cancellation process by completing a request form. If it was a postal service money order, visit a post office to fill out the form. You might also be asked mishake the name of the person or company you were paying and a brief description of how the money order was lost. Step 4: Submit the cancellation request form and pay a maek. Some issuers, including Western Union, let you email, fax or mail the request. Once the issuer accepts payment, it will verify your information and research whether the money order was cashed. If all goes well, the issuer will cancel the old money order and send a new one. The entire process varies by issuer, but it can take about 20 to 30 days if you provide a receipt. If not, it can take up to eight weeks.

Your success depends on avoiding these pitfalls

The only constant in life is change. So what happens if your plans change after you buy a money order and drop it in the mail? What if it goes missing or gets stolen? To do so, either fill out a form or take the money order back to the place you originally bought it. Bring identification and any information you have about the money order to start the process. Read on for more details about the process. You need to do some paperwork to cancel a money order. You might do that in person, or you may be able to do everything remotely. For example, with Western Union, you can send the form by fax or email. Submitting your request in person may be the safest option. You may have to wait for the company to conduct research, though. You should be able to visit any post office that deals with USPS money orders, and you can use different branches of the same bank or credit union. View forms: To start the process immediately and see requirements, visit the customer service site for your money order issuer:. Keep your receipt any time you buy a money order. Even a photo of the original money order is helpful. Once you submit your cancellation request, the money order issuer will research the item and confirm that it has not been paid. Plan for the process to take days , but the timeframe can vary depending on how complicated the situation is. If approved, some issuers offer refunds, while others provide a replacement money order which you make payable to yourself. Already cashed? If theft or fraud was involved, that documentation could help you and law enforcement officials to track down thieves.

How to cancel a money order

what if you make a mistake on a money order
The faster you do it, the better. The form is fairly simple. The IRS recommends you keep your tax records going back three years. To fix a mistake on a tax return, file form X. The form then provides a blank for an additional amount owed by the taxpayer and another blank in case the taxpayer is due an additional refund.

If the Money Order Has Been Cashed

Money orders are used instead of checks or cash when you need to make a payment. Unlike checks, money orders can never bounce, making them a safer option for large payments. This wikiHow will teach you how to get a money order for your next payment! Before getting a money order, you need to know exactly how much the amount will be for. Visit your bank, post office, or a local grocery or convenience store to purchase your money order. When you purchase it, tell the store how much money you want the money order to be for, and then pay them in cash, debit, or credit depending on their policy. Keep reading to learn how to pay with your money order! To create this article, 17 people, some anonymous, worked to edit and improve it over time. Together, they cited 8 references. This article has also been viewed , times.


Attach Any Changed Forms

Short Answer: It is possible to get a money order refund from banks, credit unions, MoneyGram, the U. Postal Service, or Western Union — as long as you were the original purchaser. The process varies by the issuer but may involve either visiting the original issuer for assistance from an agent or filing a claim by mail. If you did not purchase the money order, you typically cannot get a refund. Below, we give an overview of the general money order refund process and provide detailed rules and instructions for the major money order issuers. While you can usually get a money order refund, it can be costly and time-consuming. Additionally, if you have the money order, you should not attempt to alter or correct it before requesting a refund. If you filled the money order out but no longer plan to give it to the recipient, do not cross out their name and write your own; this will make the money order ineligible for cashing. Keep an eye on the money order expiration dates. Some providers may not have expiration dates or may still issue a refund after an expiration date assuming that the purchaser still has the original money order and receipt.

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