Click to return to BOL home page
Banker Store Read A Reg BOL Insiders Career Connect Learning Connect Bankers Information Network


    Site Map

    Our Sponsors


Compliance Gurus
Lending Gurus
Operations Gurus
Security Gurus
Marketing Gurus
eBanking Gurus

Print Friendly! Email This Article! Discuss NOW!

Does a Money Order Have to be Signed?
by John Burnett, BOL Guru

Question: Is the purchaser's signature required on a money order being presented for deposit? The person presenting the money order is not the purchaser.

Answer: I can think of a number of reasons a purchaser might not sign a money order -- and some of those reasons are pretty innocent (such as wanting to make an anonymous gift/donation or just forgetting to sign it). I can't think of any reason your bank should be concerned that its MO hasn't been signed if you can verify the check is otherwise legitimate.

First published on 5/2/05

Home | Compliance | Lending | Operations | Security | Marketing | Technology | eBanking
BOL Archives    Privacy Policy    Important Disclaimer   Recommend This Site !   Contact Us

BankersOnline is a free service made possible by the generous support of our advertisers and sponsors. Advertisers and sponsors are not responsible for site content. Please help us keep BankersOnline FREE to all banking professionals. Support our advertisers and sponsors by clicking through to learn more about their products and services.