Are Money Orders More Secure Than Checks?

Is it better to send money order or check?

Money orders are more secure than paper checks and are widely available. Banks issue them, as do many grocery stores, convenience stores, gas stations, the U.S. Postal Service and check-cashing outlets. Many issuers of money orders have a $1,000 maximum purchase limit.

Cashier's Check vs. Money Order: What's The Difference?

What is safer a check or money order?

A cashier's check is safer than a money order because it's backed by the financial institution that issued it. A cashier's check is filled out by the bank, so the funds can't be cashed by anyone other than who it was issued to. Money orders, on the other hand, carry extra risk.

Cashier's Check vs. Money Order: Here's the Difference

Why would someone use a money order instead of a check?

With a normal check, it typically takes a few days before recipients can access the money because the receiving bank has to make sure the sender has enough to cover the amount. Use a money order in situations where you need to pay someone and need the payment to be secure but available immediately.

The Difference Between a Money Order and a Cashier's Check