Money Order

A money order is an order issued by the Post Office for the payment of a sum of money to the person whose name the money order is sent through the agency of the Post Office. A ‘Payee’ is the person named in money order as the person to whom the money is to be paid . The advantage of  sending money to someone through money order is that the money is delivered at the house or his place of stay.

Procedure of sending the Money Order

Buy a money order form at the counter of the post office. A remitter is the person who send money order.

Fill in ink the necessary entries adding his signature of thumbs marks at the foot. A form without signature or thumb mark or incomplete in any respect will not be accepted. All entries made in the form must be legible and may be written in English, Hindi ot in the language of the district either by the remitter himself of by any one on his behalf. The remitter may write on the coupon any communication he desires to make to the payee. The amount for which a single money order may be issued must not exceed Rs 5000/-

The money order form duly filed in, together with the amount of the money order and commission either in cash or by Cheque be presented at the post office counter.

A receipt will be given for the amount paid by him on account of the money order and commission. Any error or omission in the receipt should be pointed out at once by the remitter, otherwise the Post Office will not be responsible.

After the money is paid to the payee the remitter of money order receives an acknowledgement of payment of the amount of the money order signed by the payee or his authorised agent. If the acknowledgment is not received in a reasonable time, a certificate of payment signed by the Postmaster of the office will be given on application. However, in the case of money orders issued in favor of Government or District, Local or Municipal Boards, the acknowledgment in some cases is retained by the payee who issued a departmental receipt to the remitter direct.

How your Money Order is sent and paid?

Certain special types of Money Order Forms have been prescribed for remitting Government dues and some of them are current only within the limits of the state for which they are issued. These forms can be obtained from the Post Offices concerned.

Note 1:- Could have been chargeable if the money order had originally been drawn in a post office of that country and the commission at the inland rate already paid will be deducted from the amount of the re-directed order when it is advised to be country of destination.

Note 2:- In the case of a money order in excess of the limit prescribed for remittance to a foreign country under any law or regulation in force at the time of such redirection, the remitter or the payee should obtain payment of the amount of the money order in India either personally or through a duly authorised agent or furnish the authority of the Reserve Bank of India permitting the remittance of the amount of the money order out of India by means of a foreign money order.

Alteration in address or place of payment:-

The remitter of a money order which has not been paid may require that the address of the payee shall be altered or that the name of post office at which the order was originally made payable, shall be changed. The required change will be made without additional charge on the remitter applying in writing to the Post Office at which the order was issued and producing the receipt and giving full particulars of the payees address as entered in the money order.

Alteration of payee’s name:-

The remitter of a money order which has not been paid may require that the amount be paid to some person other than the payee named in the order. The required change will be made, on payment of a second commission equal to the first, on the remitter applying in writing to the post office at which the order was issued and producing the receipt and giving full particulars of the payee’s address as entered in the money order.

Stoppage of payment :-

The remitter of a money order which has not been paid may stop payment and require that the money be repaid to himself. This will be done without additional charge on the remitter applying in writing to the post office at which the money order was issued and producing the receipt and giving full particulars of the payee’s address as entered in the money order. Payment can be stopped by telegram if the remitter pays the telegram charges. In no case however will the Post Office be responsible for inability or failure to stop payment of a money order in compliance with the remitter’s request.