Depositing a Money Order Made Out to You: A Step-by-Step Guide

How to Deposit a Money Order Made Out to Myself

Things You'll Need

• Deposit slip

• Pen

• Receipt

A money order is a financial instrument just like a check. You can deposit a money order made out to yourself or cash it at your bank. If you prefer to have the cash, some retail stores will also cash money orders, or you could go to a check cashing service. Otherwise, follow your bank's procedures and policies for depositing a money order. This involves filling out a deposit slip and endorsing the money order.

Step 1

Go to your bank's nearest branch.

Step 2

Obtain a deposit slip for your checking or savings account. Fill in your name, the date and your account number, as well as the exact amount of the money order.

Step 3

Endorse the money order by signing your name on the signature line on the back of it.

Step 4

Present the bank teller with the deposit slip and the money order. Some banks may request a photo ID.

Step 5

Save your transaction receipt for your records.