by Shawnaaaaa on June 30th, 2009

Shawnaaaaa

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If i send a money order to China, can they cash it very soon, or do they have to wait?

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  • by Anonymous on July 3rd, 2009

    There should be no reason why they can not cash a money order immediately.
    Unlike a check, which is essentially a promise to pay - a money order is actually cash money.
    You've already paid for the money order when you bought it. A check must be cleared all the way to your bank account to make sure you have the money that the check represents.
    In short:
    A check is a promise to pay
    A money order is the same as cash because you already paid

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