![]() If your money order is nowhere to be found, it’s important to take action quickly that’s because as soon as it’s cashed, it’s harder to get the funds back, so you want to act before it falls into the wrong hands.Įach money order issuer handles the process for recovering a lost money order slightly differently. If the money order hasn’t been cashed yet, report it lost to the issuer and cancel it immediately Here are the steps you can take to try to recoup your lost money order. ![]() If it hasn’t been cashed yet, it’s likely you can recover the money. If your money order has fallen into the wrong hands and been cashed, you might be down and out, but you’ve still got options. It can be tricky to get those funds back without one. It’s practically the same as handing over dollar bills, but you have the comfort of knowing you have a receipt with tracking information and proof of payment should the money order ever go missing or be stolen. Money orders are a handy way to pay for a product or service without either party needing to have a bank account. Note: This article is part of our Basic Banking series, designed to provide new savers with the key skills to save smarter. ![]() Written by Emily Starbuck Gerson | Published on
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