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U.S. Postal Service money orders have been around for a long time. The USPS introduced them in 1864 to provide a safe way for soldiers and others to send money over long distances.
The Postal Service, for example, allows you to buy money orders up to $1,000 if you’re sending it within the U.S. On top of the price of the money order, a $1–$10 fee typically applies ...
Money orders are a safe alternative to checks. Find out how to properly fill one out so you can use money orders to send money, make deposits and pay bills.
By 1865 there were 416 post offices designated as money order offices that had issued money orders to the value of over $1.3 million and by 1882 they had issued orders valued at $113.4 million from 5,491 money order offices.
A money order is purchased for the amount desired. In this way it is similar to a cashier's check.The main difference is that money orders are usually limited in maximum face value to some specified figure (for example, the United States Postal Service limits domestic postal money orders to US$1,000.00 as of November 2023) while cashier's check are not.
The mail or post is a system for physically transporting postcards, letters, and parcels. [1] A postal service can be private or public, though many governments place restrictions on private systems. Since the mid-19th century, national postal systems have generally been established as a government monopoly, with a fee on the article prepaid.
U.S. Postal Service: $2.35 for money orders up to $500; $3.40 for money orders up to $1,000 Wells Fargo : $5 for each money order Walmart : Fees vary by location, with a $1 maximum fee
As a result, single postal orders can now be purchased for odd denominations such as 66p or 99p, rather than having to make up odd amounts through a combination of pre-printed denominations and affixed stamps. This has made British postal orders similar to the money orders issued by post offices in the United States and many other countries.