If you intend to use certified funds for payment, it's crucial to be mindful of potential risks.
While certified funds (AKA - cashier's checks and money orders) are legitimate payment methods, neglecting a few simple steps during the transaction can jeopardize your funds.
Please take into account the following five recommendations when handling certified funds:
#1 Acquire the funds from a reliable source, such as the USPS, bank, or credit union that you trust.
#2 Double-check and ensure accurate entry of the recipient's information – a certified fund without a recipient name is equivalent to cash. Avoid mailing cash.
#3 Include your name, mailing address, and signature on the payment as a reference.
#4 Retain a copy of the payment and the receipt until you confirm the recipient has deposited and cleared the payment.
#5 When mailing the payment, choose a secure method that provides a tracking number to guarantee safe delivery.
Protect your money by adhering to these recommendations.
