![]() ![]() Can be deposited into a bank account for free: A recipient can deposit a money order into a bank account, much as you would do a check.They can cashed it at their local bank or credit union, though this could mean they have to wait to get the cash. Recipient can cash it at their local bank or credit union: The person who receives a money order doesn't necessarily have to go to the same place that sold the money order or the sender's bank.In contrast, money orders don't include personal information about the purchaser. That's because personal checks include the account holder's routing number and bank account number printed on the bottom-information can be stolen and used to create and sign fraudulent checks. ![]() Doesn't include sensitive information: In some situations, paying with a money order can be safer than paying with a personal check. ![]()
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