Money orders are primarily used to make smaller payments (each Canada Post money order has a maximum value of $999.99) through the mail. Since postal money orders are more common, we’ll primarily refer to them in this article. But when most people refer to “money orders” in Canada, they’re actually talking about postal money orders, which you can get from Canada Post. In Canada, you can get money orders from a number of institutions like Western Union. What is a Money Order?Ī money order is a guaranteed form of payment that you can use that’s sort of like a pre-paid cheque. We’ll also talk about the different security features that money orders offer so you can decide if they’re the right choice for your payment needs. Up next, we’ll take a closer look at how money orders function in Canada and what they’re used for. In this article, we’ll discuss these questions and more. You can get them from Canada Post and from a number of financial institutions like Western Union.īut how do money orders work? Are money orders secure? A money order is a type of payment that you can send to someone else in the mail.
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