Can they leave the $ order blank in the pay to section and I fill it in? If i do, can they ever trace my name thru their receipt of the stub?
i would have a real problem with sending cash through the mail but apparently people still do this and leaving the pay to the order of line blank and having you fill it in is also dangerous as if it is intercepted anyone can fill their name in and cash or deposit the m.o.......you could check with your bank and see if your customers can make it payable to your bank i.e. Pay to the order of Bank of America (or whoever you use) and then the bank can deposit the funds into your account......I swear I think I have seen this done before but am not sure because of how it may affect their accounting practices....doesn t hurt to ask thoughalso i don t know what your product is or how you get it to your customers but if for some reason they do not receive their order and need to prove payment then yes they will be able to request a copy of the m.o. front and back to show endorsement as their proof of payment if they ever needed to....not sure about the latter though......wow ~ you have really stumped me with this one ~ usually i can find a backdoor to get around such situations but this one has me baffled
Definitely an interesting situation. Yes they could do that. Personally I d be weary of anyone telling me to send them a blank money order and not giving me their name or a business name. I m not sure if they could trace your name or not, but I imagine that if they wanted to go through the hassle they may be able to request a copy of the cashed money order from whoever they purchased it from. If you don t want to get a DBA and open a business checking account you may be able to register an alias. Call your local courthouse and see if they allow you to register a fictitious name. I have a friend who owns a collection agency and that s what he did. In real life he uses his real name, but when he sends out collection letters or makes collection calls he uses the fictitious name so people don t find out who he is and come looking for him.It s none of my business, but you ve definitely got me wondering about what it is you do.
I don t know if you have done this yet, but you can set up an alternate email, use paypal with that email, and then you don t even need to do money orders or PO boxes, to further simplify your situation.Your private clientele can use VISA money cards to protect their privacy and still use paypal without disclosing their full identity.
Nobody with any sense should mail you a blank check. Can t you do paypal? And of course anyone who sends you a check will see your signature banking info when they get it returned.You could insist on money orders.EDIT: Sorry, wow - I did misread that. I still say that this doesn t sound like a very good idea to me. It s as good as cash unless it s filled out. If it gets lost you and the payee both lose out.
Some people are just plum dumb.When working with a money order, the purchaser may call the 1 800 number to verify that the funds were transferred, but they cannot find out the name of the signer of the money order.Hope that answered your question.
Set up a Company name ( Good Stuff Company ) called a DBA (doing business as) with your county. Then go get a bank account using that company name. then just deposit the checks in that account.
accept only Cerified $ orders.. through a bank.
PO Box
use Paypal. They charge a pretty good fee though.
I would call your bank and see what you need to open a business checking account. Once you have that you give people the name you put on the checking account and then you can deposit money orders directly into the account.Your question was what to have them put in the pay to section of a money order. As long as it matches the name of the business checking account, the bank will allow you to deposit it.*The issue with them leaving it blank is that the person that sends it to you has no record that they paid you unless they go through the hassle of getting a duplicate.Yes, they can trace your name if you fill it in - all money orders have a process for getting a duplicate to verify payment, it s just a pain to do unless there is an issue.
Are you kidding? This isnt going to work and most people are not that dumb, plus its just going to cause all kinds of problems. I worked for USPS. I didnt deliver mail to mailboxes, I sorted it on the machines. I worked there for 3 years. In 3 years, there was 2 people where I worked that were caught stealing letters. One guy would wait for Christmas time, and steal all kinds of letters that looked like Christmas Cards because he knew they had money in them. The other guy just looked for envelopes with cash in them. You are going to have all kinds of complaints against you with the Better Business Bureau if you are letting people send you cash through the mail. Then you will be investigated by them and the IRS and probably have even more problems. Theres no way to prove you received it, unless you require signature confirmation, which would give away your privacy. So if someones money comes up missing, and they file a complaint against you, theres no proof that you never received it. Theres a reason most normal businesses do not accept cash through the mail, and its not because they dont like the smell of money. As far as money orders, I dont think most people would send a blank money order to you. Thats crazy because then you could just rip them off and they have no idea who really cashed the money order. The whole point of money orders is so that they are safer than cash and act as checks so they can trace them back to the person who cashed them.edit:I read your question. When I say Blank Money Order , I mean the NAME SECTION will be blank. If they send you $500 on the money order, and leave the name section blank, you could go cash it under an alias and keep their $500 and not send them anything in return for that money. You could rip them off, and they wouldnt know who ripped them off in order to press charges. The point of money orders is so you know who is cashing your money order, so they wont dare rip you off.Old Fart Says: When working with a money order, the purchaser may call the 1 800 number to verify that the funds were transferred, but they cannot find out the name of the signer of the money order. Duh, they dont need to verify who the signer was, because they KNOW who the signer was, since they wrote the signers name on there. The police are the ones who will look at the name of the signer if there are problems or fraud is reported. If this ladies name is Helen Smith, and I want to order something from her, Im going to write Helen Smith on the money order, so only Helen Smith can cash the money order. Without writing the name on there, she could simply make a fake ID that says Jane Doe, write Jane Doe on there and go cash it and when I come looking for the person who stole my money, they would have gotten away because Jane Doe could be anybody. The police wouldn t have anything to go on.
