From where can I purchase money orders and will it reflect in my bank statement?
Date: Tue, 11/08/2016 - 22:48
From where can I purchase money orders and will it reflect in my bank statement?
If you deposit it in your
If you deposit it in your bank, it'll show up as an amount deposited. If you withdraw an amount, it'll show as an amount withdrawn.
Pattyy,
Money order is a method of prepaid payment. It is one of the safe alternatives for paying or sending money to a person.
It is the oldest form of prepaid payment but still exists in the US. You can buy money orders at financial institutions, post offices, check-cashing locations (The Western Union and MoneyGram), and retail stores (Wal-Mart and CVS).
Money orders are available $0.70-$2.
You can buy money orders with debit cards, cash and credit cards. However, your credit card issuer may charge you extra for buying money orders with a credit card.
Since money orders are not part of your bank account, it won't show on the statement.