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To cancel a money order, return it to the retailer for a refund if it’s intact or report it as lost or stolen with the original receipt. Cancel lost or stolen USPS money orders before they’re cashed to avoid fees. In cases of fraud, report it to the police before the recipient collects the funds.
If you need to cancel a money order, there are a few different approaches you can take. You can easily cancel one if you are the original purchaser and it is still in your possession. You can also cancel one that has been lost or stolen as long as you have the original money order receipt. In cases of fraud or suspected fraud, it may be possible to cancel money orders if the suspected crime is reported to the police and properly investigated before cashing.
If you purchased a money order but later decided not to send it, you can return it to the retailer where you purchased it and request a refund. However, this method only works if the money order is still intact. Both the actual money order and the receipt must be returned together.
If you need to cancel a money order after it has been sent, this is also possible. However, this primarily applies to money orders that have been lost or stolen. In such cases, you must present the original receipt to the merchant where you purchased it and report it as lost or stolen. By tracking the unique series of numbers that identify a money order, it can be determined whether or not it has been cashed. If it has not been collected, you can request that the funds be canceled and receive a refund less any fees that are imposed for a lost or stolen money order.
If you need to cancel a lost or stolen money order and it is a United States Postal Service (USPS) money order, you will still be charged a fee for your cancellation if it has already been sent, but has not yet been sent to the recipient. received. To stop the payment immediately, it may help to take the money order receipt to the exact mailing location where it was purchased. Please note that the cancellation request must also be made before the money order is cashed and before its expiration date.
Depending on local laws, if you need to cancel a money order due to some form of fraud or if you suspect you’ve been the victim of a money order scam, you can stop payment on a money order that’s been sent but hasn’t yet been cashed. This takes quick action on your part, as it is much more difficult to recover the money order amount after it has been cashed, so it is important to contact law enforcement officials with proof of fraud before the recipient collects the funds.
Smart Asset.
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