A money order is similar to a check, except the money for it is taken out of your account at the time of purchase instead of when the recipient cashes it. You’ll have a difficult time finding a ...

Money orders can be purchased at the United States Postal Office (USPS), banks, credit unions, grocery stores and convenience stores. Costs vary by provider, but Walmart typically charges just $1.

This sponsored column is by Law Office of James Montana PLLC. All questions about it should be directed to James Montana, Esq., Janice Chen, Esq., and Taryn Druge, Esq., practicing attorneys at The ...

Learn about the role of a drawee in financial transactions, how it operates in check processing, and its importance in redirecting funds from the drawer to the payee.