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Money order- Financial instrument, issued by a bank or other institution, allowing the individual named on the order to receive a specified amount of cash on demand. Often used by people who do not have checking accounts.
Cashier check- A check which cannot bounce because its face amount is paid to the bank when it is issued, and the bank then assumes the obligation.
so no they are not the same.
cj p
no money order is like a pre check its the simplest way of payment with out check, you just go to a store make one worth as much as you want and use it to pay
MikeInRI
no
good luck!!!
sacanda_trina
No...the cashier's check is a typed bank check from the bank. The money order is a preprinted document with a copy underneath it...the agency selling it just stamps in the amount.
Laura K
sorry don't know
UNITool
For MOST intents and purposes, yes.
Curious1one
There both certified funds, however a cashiers check is better, b/c it is a bank check.
i,m here if you need to talk.
no it,s not it a hodling slip till some one clams it
griever24seven
its pretty much the same thing; both are instruments in replacement of cash for payments or other transactions.
a money order can be bought at any store or financial institution and usually its for a small amount of money.
official checks or bank checks are issued for large amount of money because with an official check, it is more secured than a regular money order.
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