Money orders are an excellent way to keep your extra spending money safe while traveling abroad, and they are simple to exchange for cash. So, does UPS sell or cash orders, and what information do you require about this service? Continue reading if you want to learn more about UPS store money order 2022.
What is a Money Order?
A money order is a paper document with monetary value. Money orders work in the same way as personal checks, but it does not link them to your bank account.
They are prepaid checks written to a payee to ensure that the funds are available. Money orders frequently have monetary limits, such as $500 or $1,000.
Click Here to Find Out If UPS Sell or Cash Money Orders in 2022
Why Doesn’t UPS Sell or Cash Money Orders?
UPS does not sell or cash orders, because it is not a bank or financial institution. Most locations that provide money order services are banks/credit unions or money transfer agents, which are neutral.
Supermarkets like Walmart and convenience stores like Walgreens are common examples of money transfer agents. UPS is not a money transfer company or a bank or financial institution, so it does not need to sell or cash orders.
Has UPS Ever Offered Money Orders?
No. UPS never offered a money transfer service. They began as a shipping and delivery company and have had brilliant success there.
Over time, they offered a variety of services, but sending money orders was not one of them. They don’t appear to be creating them soon, because they’re in a different company.
With such a hard trade in such a crowded market, it appears they made the correct decision to refuse money orders.
What Stores Allow You to Cash Money Orders?
So, where can you buy or cash a money order if UPS does not provide money order services?
Money transfer agents or financial institutions are the most common places to cash or sell money orders. Here are a few locations where you can get your money orders filled:
Chase
Wells Fargo
Bank of America
Citi Bank
Regions Bank
US Postal Service (i.e the post office)
Walmart
Publix
Kroger
Meijer
K-Mart
Safeway
CVS
Walgreens
If you’re looking specifically for a place to cash a money order, your best bet will always be either your personal bank or the place that issued the money order.
Check Out Where to Do Money Orders for the Best Price
So what’s UPS Store Money Order 2022? UPS does not sell or cash orders. UPS does not provide money order services because it is not a financial institution, there is little demand, and it may pose a security risk to employees.
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