RBC money order fee: $9. Money orders can cost as much. 95. TD money order fee: $5.

Cheque and money order

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The main differences between bank drafts, certified cheques and money orders involve their fees, availability and allowable amounts. Money orders and cashier's checks are guaranteed funds and can be used in these situations as secure payment options backed by third parties.

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Which is cheaper – A money order or a certified cheque? A money order is generally the cheaper option compared with a certified cheque.

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International money order up to $700 ( $700 is the highest amount you can send ) $12. If you purchase a money order from your bank, you’re generally able to pay for the face value of the money order and the fee from your checking or savings. Money Order: An Overview" h="ID=SERP,5798. They are sold to anyone who can pay the face value of the money order, plus a small fee. Money orders cost less. .

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Keep in mind though that money orders are sometimes used in scams, so be sure to be careful when using them.

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Dec 9, 2022 · A money order is basically a prepaid check.

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A money order might cost a dollar or two, depending on the issuer, while a cashier's check could cost $10 or more.

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Money orders are typically used for smaller amounts than cashier’s checks and that is reflected in the fee to purchase one.

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