CONTENT

  DEPARTMENTS



  DETAILS
Legend for Icons
 Article    Q&A

 Podcast  Video

 Blog  Discussions

PDF    Powerpoint
BankingQuestions.com Web

  Home >> Checks/Money Orders >> Money Orders  
Cashing a Third Party Money Order

Can a money order be signed over to a third party and cashed?


It is possible, although finding a bank or check cashing business that will accept a money order that has already been endorsed by the payee to another party will be difficult. If you are considering cashing the money order for a payee who does not have a bank account, that might not be a good idea. It's risky, because you might not be able to deposit the money order yourself or get it cashed.

Published on BankingQuestions.com 9/02/08