What is a Money Order?
A money order is a prepaid paper document used as a secure form of payment, similar to a personal check.
- Money orders are a safe, affordable and convenient alternative to managing a checking account.
- Neither the sender nor the recipient needs a bank account to purchase or cash a money order.
- Unlike personal checks, money orders do not display your bank account or routing numbers to the recipient.
Money orders are available in amounts up to $1,000 and can be purchased at any Moneytree retail branch.