A money order is a prepaid payment method that can be used as a secure alternative to cash or personal checks.
How does a money order work?
You purchase the money order for a specific amount, fill in the recipient's information, and provide it as payment.
What information do I need to complete a money order?
You'll need the recipient's name and total dollar amount. Be sure to keep your receipt for your records.
What's the difference between a money order and a personal check?
A money order is prepaid and guaranteed up to its purchased amount, while a personal check draws funds directly from your checking account.
Can a money order be replaced if it's lost?
Yes. A lost money order may be replaced after a stop payment is requested. Additional requirements and fees may apply. Please contact Trax Credit Union for assistance.