![]() It’s just a piece of paper until you do so. ![]() You can cash a money order or you can deposit it into a bank account to get access to the money. You can treat one just as you would a check that’s made out to you. Today, most banks allow mobile check deposit of personal checks, business checks, money orders, treasury checks and more. If you use the funds and the money order turns out to be fake, the bank will require you to repay the amount. How long does it take to clear a money order?ġ0 The clearing process can take a few weeks, even if your bank’s funds availability policy allows you to use the money immediately. Rural carriers may cash money orders if they have enough money on hand. You can also cash them at most banks and some stores. You can cash a USPS money order at a Post Office for free. Money orders are cashed for the exact amount on the order. Wait to add your signature to the back of the money order until you’re ready to hand it over to the cashier. Review our full list of where to cash a money order in the section below. You can take the money order to your bank, credit union, grocery store, and some retail stores. Money orders can also be deposited into a bank account, for no fee. The recipient can cash the order at a local bank or credit union-there’s no requirement to go to the issuer to have it cashed. Money orders do not include personal information, such as your bank’s routing number and your bank account number. Can I deposit a money order in my bank account? In most cases, you would deposit the money order into your Chase Bank account just like you would with any check. Can I deposit a money order in my Chase bank account?Īccording to Chase Bank customer support, you can deposit money orders with your Chase Bank account through an ATM, in-person at a Chase Bank branch location, or by using the Chase Bank mobile app.
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