Do Postal Money Orders Expire? What You Need to Know
Do USPS money orders truly expire? Get clear insights into their long-term validity and how their redeemable value evolves over time.
A postal money order is a secure financial instrument issued by the U.S. Postal Service (USPS). It serves as a reliable alternative to sending cash or personal checks, allowing individuals to send or receive money safely with funds guaranteed by the Postal Service.
Understanding Money Order Validity
USPS money orders do not expire in the traditional sense, meaning there is no printed expiration date on the document itself. They do not accrue service charges or fees over time, preserving their full value for the recipient.
While USPS money orders retain their value indefinitely, the funds associated with any uncashed financial instrument can eventually become subject to state unclaimed property laws. These laws apply when the owner of an asset, such as a money order, has not had contact with the issuing entity for a specified period, typically ranging from three to seven years. If a money order remains uncashed and its owner cannot be located after this dormancy period, the funds may be transferred to the state’s unclaimed property division.
Checking Money Order Status and Fees
You can check the status of a USPS money order using the online inquiry tool on the USPS website. This tool requires the money order’s serial number, the Post Office number where it was issued, and the exact amount. It provides updates on whether the money order has been paid or remains outstanding.
Alternatively, an inquiry can be initiated by mail or in person at any Post Office by completing PS Form 6401, the Money Order Inquiry form. This form requires the money order serial number, purchase date, and your contact information. A processing fee may apply for this formal inquiry, which can provide detailed information, such as a photocopy of a cashed money order.
The inquiry process confirms if the money order has been successfully cashed or if it is still awaiting payment. Since USPS money orders do not incur service fees, the inquiry primarily verifies the payment status and whether the funds have been claimed.
Cashing or Depositing Old Money Orders
A postal money order can be cashed or deposited for its full face value, regardless of its age. Money orders can be presented for payment at any Post Office location, where they can be cashed free of charge, subject to fund availability. Many banks and credit unions also accept USPS money orders for cashing or deposit.
When cashing a money order, a valid government-issued photo identification, such as a driver’s license or passport, is required. You should endorse the money order by signing the back in the presence of the teller or associate. If a money order becomes subject to state unclaimed property laws due to extended dormancy, the rightful owner must contact the state’s unclaimed property division to claim the funds.
State unclaimed property divisions offer online search tools to help individuals locate funds. Claiming these funds involves submitting an application and providing proof of identity and ownership. This process is designed to return money to its rightful owners.