What Are Postal Orders?

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Many people are not comfortable submitting personal information to others or do not have the ability to send a check due to having no bank account. In the United Kingdom the Post Office provides a service by which people can pay cash for a "Postal Order," which can be redeemed by the receiver in a number of countries around the world.

Postal Order Format

A postal order is a document similar to a cheque that is issued by a Post Office upon receiving a payment. The minimum format for an order is £0.01, while the maximum is £250 per order.

Procedure

Visit your post office. Request a postal order of any value up to £250. You can print the name of the person who will receive the postal order on the document. You then pay the fee for the postal order and receive a receipt. The postal order in then valid to be cashed at Post Office counters and in approved locations worldwide for six months.

Prices

For postal orders up to £4.99 the fee is £0.5. For orders between £5 and £9.99 the fee is £1. Orders from £10 to £250 are subject to a fee of 10 percent of the face value. However, fees are capped at £10.

Countries

Apart from Post Offices in the United Kingdom, postal orders can also be cashed in 47 countries around the world. These countries and provinces include: Anguilla, Antigua and Barbuda, Bahamas, Bangladesh, Belize, Botswana, Barbados, Brunei Darussalam, Cayman Islands, Cyprus, Dominica, Falklands, Fiji, Gambia, Ghana, Gibraltar, Grenada, Guernsey, Guyana, India, Isle of Man, Jamaica, Jersey, Lesotho, Malawi, Malaysia, Malta, Mauritius, Montserrat, Nigeria, Pakistan, Sierra Leone, Solomon Islands, South Africa, St Helena, St Kitts and Nevis, St Lucia, St Vincent, Swaziland, Tonga, Tortola, Trinidad and Tobago, Tristan de Cunha, Western Samoa and Yemen.

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