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I found one official check made to myself from St. Paul Bank and a personal money order from Bank One, also made to myself. Both banks have been taken over by other banks. I was told that unclaimed money is sent back to the state. I checked the Illinois treasurer's website and nothing is listed with my name. What can I do? The checks are intact and were issued 18 years ago.
The money order does not expire, but will have a service charge because it is so old. Read the back of it for specifics. The cashiers check is still good.
I can't find the rules for IL online, not sure what I am doing wrong--my computer is all wonky today.
Best just to take it to your current bank. They can tell you if they will cash it out fully or if there will be a fee.
You mention the state's unclaimed website. These are so much fun!!!
I always tell people to check their state's unclaimed website quarterly just because you never know what is out there.
If your state is like mine, you will have to search a variety of ways.
Like put your last name and city.
Try your last name, and your initial (first letter of first name); try just the first few letters of your last name and first few letters of your first name.
Try your first name in the last name column (YES, I have found money that way--so bizarre).
If you are searching for someone who is deceased, put words like "Estate" in the last name field, or the word "the" as the last name. Yes, I have found money addressed "the" as the last name and the second name was "estate of" and the middle name was the dead person's name. SO BIZARRE!!!
This is why money gets "lost" no matter how careful you are...because computer garbage in, computer garbage out!!!
If the banks will not further assist you, contact the branch manager on duty and ask if they could further assist you, if not provide a number who can help. As I do not think they have this info in their company policy.
Thanks, Unfortunately the banks that the checks were issued from have been taken over. I went to the bank and was told that the banks turn unclaimed $ to the state. I contacted the Illinois State Treasure Office and was told to send them copies of the checks. I did, now to patiently wait and hope that they can issue me new checks.
Is an 85 day old money order too old to cash?
It is not too old.
You can cash it! After one to three years there may be a service charge deducted from the money order. That information will appear on the back of the money order.
Have a blessed day!
Yes, you can still cash the money order. No expiration date.
However per Western Union - depending upon the state of purchase, if you do not use or cash the money order within one to three years of the purchase date, a non-refundable service charge will be deducted from the principal amount.
If this is a USPS money order it is good as long as the person whose name appears on the front is the one trying to cash it and they have proper ID.
Just take it to any official post office in the US.
Most banks will also cash a USPS money order with proper ID and/or an account or it can also be deposited in a bank account.
I went into the bank last week to cash a money order I had for three years. They said because of the date they would have to send it away. I signed it and showed my license. I called today to find out the status of it and was told it was not my money order that someone else purchased it and reported it lost and cashed it. They will not tell me who it was. I don't get it? They were very rude about it. I called the head office and they're checking into it. Anyone have advice? They even deny I was in the bank to cash it.
I hope you kept a copy of it. That is too bad. Good-luck. And please tell us how this ends.
If you didn't get a copy of the money order, you may have a problem proving your case. But if you know where you purchased it, they have to keep a copy and can get it for you. I'd first talk to the Bank Manager. Look at the tellers, and find out the name of the person to whom you gave it. Then, if the Bank Manager is rude to you and does not help you, tell him you are reporting the situation to the Banking Commission. They are headquartered in Washington,D.C. and have control over all banks!
I'm so sorry! I'm afraid you need a miracle, due to laws. Not saying there is nothing you can do hopefully bank manager can help. Just last year I had to do research on money orders.
You didn't say if you got the money order or if it was written to you as a gift etc. That would answer many questions. I had to look into money orders eventually to be able to find the truth an attorney helped me. I was astonished at the laws of some states. Some states no matter what if the money order is over 6months old, the money goes to the state. I said "sounds like stealing" however it's true. No exceptions.
Since they didn't say it was no good or too old, you know that someone saw you didn't cash it. Maybe the bank can track it down. However some banks do not know all of the answers either so do your research about the laws. Make sure you see the check, somewhere there is a copy. It is the same as cash. Good luck, please as requested let us know. God bless you!
The bank would have a copy, since you made a deposit...waiting on them to check it out. They have copy of it I'm sure.
Thanks for the advice I found out my younger brother had it re issued to himself he reported it as lost. So I will get my money after all, but no more money orders for me!
I found a money order from 2011, for my car note. The car is paid off now. Can I take it to my bank and deposit it in my account? Is the MO any good? There is no expiration on the face. Please help.
Was the car note, like a bonus for purchasing the car or some sort? If so, you can bring it to the bank and see if it's eligible to be deposited. Or, call and ask the dealership or if they can issue you a new one.Usually there is an expiration indication on the front somewhere or in fine print?
I'd take it to the bank anyway to ask them
Check with the bank.Some money orders do not expire, Western Union does not.Some banks will charge you a fee to cash one after 3 years.If it is written to the car dealership they will probably give you a hard time.If you are the purchaser of the m/o should be okay.