They will cash money orders drawn on the Postal Service. And you have to pay cash for a Postal money order. So if someone wants to cash, say, a Postal money order for $25.00 at the PO, the PO will cash it, assuming it was initially bought with cash money, and that money is safely stored in their coffers somewhere waiting to be redeemed. The limit that they will let someone buy a money order is up to $1000.00. So if someone goes in to a Post Office with what looks like a legitimate money order for $1000.00, that even the Postmaster can't tell is fake, and cash it, that is bad news for them! That's why I would think the Postal Service would work hard to stop this!@HonnyBrown wrote:
I didn't know the USPS cashed money orders.
Yes, you would think so. Then if the person who cashed it was duped, I guess he/she would either be liable to make good or help the USPS get to the bottom of who mailed it. I would pity the person who cashed it and then had the USPS come after them for payment!!@myst4au wrote:
Won't the USPS come looking for you the same way that a bank comes looking for you when you cash a bad check? I saw someone cash a USPS Money Order the other day and they demanded identification and recorded it.