How Much Does A Money Order Cost In Canada?

Some examples of where to get a money order and how much it will cost: Canada Post: $7.50 fee. Canadian Imperial Bank of Commerce: $9.95 fee. Western Union: Fee varies depending on payee’s location and method of payment.

How much does it cost to get a money order?

Money orders are typically used for smaller amounts than cashier’s checks and that is reflected in the fee to purchase one. Depending upon where you purchase a money order, the fee ranges from $0.35 to $2.00. Money orders are typically capped at $1,000.

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How do I get a Canadian money order?

In Canada, you can purchase money orders at Canada Post or most major bank branches. Since it is a physical object, however, you cannot purchase a money order online, so you’ll have to actually go in person to do this.

How much does a money order for $1000 cost?

Money Order Fees

Dollar Amount Fee
$0.01 to $500.00 $1.65
$500.01 to $1,000.00 $2.20
Postal Military Money Orders (issued by military facilities) $0.55

Where can I get a money order in Canadian dollars?

the post office
Fill out the required forms at the post office. Bring a valid government-issued photo ID and the names of the people sending and receiving the money order. You’ll receive a peach (cashable to Canadian dollars) money order. There’s no fee to cash a Postal Money Order at any post office in Canada (for individuals).

How much does a $40 money order cost?

They cost about a dollar at most retail locations, and you’ll pay $5 or so at your bank or credit union.

What is the cheapest money order?

What is this? At $0.70 each, Kmart money orders are some of the cheapest around.

Are money orders good in Canada?

A Postal Money Order is a certified, cashable document guaranteed by Canada Post. It’s a safe way to send money to make bill payments or purchases locally or anywhere in Canada. Money orders are also a great alternative when you don’t want to mail cash.

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How much is a money order at TD bank?

Obtain a bank draft (also known as a money order or cashier’s cheque) from a TD branch1,2. $7.50 each $9.95 each If bank drafts are important for your day-to-day banking, the TD All-Inclusive Banking Plan includes unlimited free drafts, while the Borderless Plan includes free US dollar drafts.

Do shoppers sell money orders?

We sell Western Union money orders, which are international money orders accepted all over the world. We provide Western Union money transfers with lots of options and benefits.

Can I get a money order for $1000 at Walmart?

Walmart offers money orders at a limit of $1000 for each. There is also a daily limit of $3000 per person. Walmart money orders cost between $0.88 to $1. You can buy a Walmart money order with cash, debit card, and PayPal.

How much are $1000 money orders at Walmart?

How much does a Walmart money order cost? While the exact charge varies by store, it’s no more than $1 at your local Walmart, and that’s a very competitive fee. The U.S. Postal Service, by comparison, charges $1.65 for money orders up to $500, and $2.20 for money orders between $500 and $1,000.

What’s the difference between a money order and a cashier’s check?

A cashier’s check is a type of official check that banks issue and sign. Money orders are available in several places, including the U.S. Postal Service, convenience stores, drug stores, grocery stores, and check-cashing companies. It is generally easier to buy money orders, but cashier’s checks are more secure.

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How much is a money order for $100?

Fees may vary by agent location, but you can generally expect to pay $1.25 for a money order up to $100, or $1.50 for one up to $1,000. This is less than you will pay at either banks or credit unions, and even a few cents cheaper than the US Post Office.

Can I buy a money order with a credit card in Canada?

The maximum amount per money order is CAN$999.99. The fee per money order is CAN$7.50. We’ll apply a separate fee to each additional money order you buy. Cash and debit card are the only acceptable methods of payment (you can’t pay with a credit card).

How long is a money order good for in Canada?

No, money orders do not have an expiration date.

What are the disadvantages of money order?

The Downsides of Money Orders

  • They’re not always a convenient form of payment. Money orders must be purchased in person.
  • They have a purchase maximum.
  • They come with fees attached.
  • They’re commonly used in scams.

Do you need cash for a money order?

A money order is like a pre-paid check you can buy from a bank, post office, or online. You can pay for a money order with cash or a debit card. If you’re buying your money order from the United States Post Office, you can also use traveler’s checks.

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Is a postal money order the same as a money order?

A postal order is not a legal tender, but a type of promissory note, similar to a cheque. A Postal Order is used for sending money through the mail. A money order is an order for a specific sum of money, usually purchased with cash at a bank or Post Office, that can be used to make payments.

What is the easiest way to get a money order?

Go to your bank.
If you have a bank account, the easiest way to obtain a money order is to go to the teller and ask for one. Some banks may charge a small fee, but many offer money orders for free. Some banks offer cashier’s checks, which are similar to money orders.

Where is the easiest place to get a money order?

Here are some of the best places to get a money order โ€“ many of which likely have locations right near you.

  • Sigue. In addition to offering secure money transfers, Sigue offers money orders through its extensive authorized agent network in all 50 states.
  • Walmart.
  • US Postal Service.
  • 7-Eleven.
  • Banks and credit unions.