If I fill out a money order do I have to use the full legal name for the payee or can I use the first and last name that I know him by (e.g. if I know him by Bobby Smith, but his full legal name is Robert James Smith can I just use Bobby Smith on the money order if I want)?
By Randy from San Diego, CA
If he has to show an ID to cash it, I would make it out to Robert Smith. If he's going to deposit it into a bank account, I don't think it matters. I have deposited checks made out to Barb instead of Barbara and they cleared the bank with no problem.
Depending upon how the check will be cashed it can either make make a difference or none at all. If it is batched with other checks for deposit, the payee won't even be looked at. If deposited through a remote deposit system as a lot of businesses do now, it won't be noticed. If it is brought to a bank for cash, it might be.
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