Postal Order

[CraigS]

What exactly is a postal order? Please could someone explain, what it is, how you can get one etc Thanks

[marky]

Its a type of cheque, you buy them from the post office and they can be cashed at any post office :)

[tick]

you get then from the post office a bit like a check .
ment to be safer than sending cash if you don't have bank account or credit card

[Chimaera]

Have a look here:
http://www.postoffice.co.uk/portal/po/content1?catId=19400182&mediaId=19900224
You get them from a Post Office and you have to pay for them - from about 45p I think, depending of the value of the Postal Order.

[Halcyon]

Yeah it's a way of paying for things a bitlike a cheque.
I believe you can cash them at some banks too.
More info at the Royal Mail site HERE (http://www.postoffice.co.uk/portal/po/content2?catId=19400177&mediaId=19900224)

Edit: Chim beat me to it. :tu:

[CraigS]

Is it basiclly a cheque that clears instantly?

[marky]

Is it basiclly a cheque that clears instantly?
Yup, hand it over the counter and they give you cash :)

[CraigS]

Do they print the postal order out within the post office and can you get any value of money up to £250? example: £4.99, £5.63, £15.82. Thanks

[gaffer_gump]

Do they print the postal order out within the post office and can you get any value of money up to £250? example: £4.99, £5.63, £15.82. Thanks

Yes, any value you like, same as a cheque.

[Matthew]

Has anyone ever had any problems with these, I have just started selling stuff on eBay so it may be handy to accept these.

---------- Post added at 17:47 ---------- Previous post was at 17:45 ----------

Just been informed that there is a small cost when getting one from the PO.

[Paul K]

You can't really have problems with them as long as they are correctly stamped etc. That and never send goods till you have taken the postal order and had it accepted by the bank etc.

---------- Post added at 17:50 ---------- Previous post was at 17:50 ----------


Just been informed that there is a small cost when getting one from the PO.
Erm Post 4 ;)

[Pia]

Has anyone ever had any problems with these, I have just started selling stuff on eBay so it may be handy to accept these.

---------- Post added at 17:47 ---------- Previous post was at 17:45 ----------

Just been informed that there is a small cost when getting one from the PO.

Nope no problems, just if you are sending one make sure you keep the stub and your receipt. If you are selling stuff on eBay you are really going to need to offer this as a method as payment because it's an easy way to pay, and is good if a first option, i.e Paypal is unavailable.
The cost you mention is just what you pay for buying it, it costs nothing to cash them in. Price guide is here http://www.postoffice.co.uk/portal/po/content1?catId=19400182&mediaId=19900224

[marky]

Is it just me or do people keep repeating links :rolleyes:

[Chimaera]

Well I got there first! :PP:

[Pia]

Is it just me or do people keep repeating links :rolleyes:
Is it me or do people repeat questions?:Yikes: :D

And i didn't realise til afterwards that it was the same, so sorry!:p:

[Jules]

I am not sure but if they are crossed do they not have to be paid in to a account of some sort belonging to the person named on it?

[homealone]

I am not sure but if they are crossed do they not have to be paid in to a account of some sort belonging to the person named on it?

IIRC it is that crossed can only be cashed by the payee, while not crossed can be consigned to someone else - long time since I used a postal order, though :)

[Dave Stones]

If they are crossed then you can *not* cash them at a post office, you have to take them to a bank...

It says this on the post office website and on the back of the order ;)

[Nugget]

If they are crossed then you can *not* cash them at a post office, you have to take them to a bank...

It says this on the post office website and on the back of the order ;)

Well, you must be the first student in the world that's ever actually read something :p:

[Jules]

If they are crossed then you can *not* cash them at a post office, you have to take them to a bank...

It says this on the post office website and on the back of the order ;)


Yeah I got some thing right for a change lol