PNC offers a variety of services, including money order and checking. They currently offer a stipend for standard checking accounts, but for a pro account, there is no charge. PNC money order has no maximum limit, and you can make your purchase from any PNC outlet. You can also do that from their website. PNC has over 2,500 branches across the United States, so you can find one near you if you’re not certain of the branch location.
PNC Money Order Charges
PNC charges a $5 fee for money orders, regardless of the account type. This fee is based on the account’s classification. ..
When you compare this charge list to what some retailers charge, the amount is a bit excessive. Some charge as low as $0.88. If you head to a Western Union branch, the charges range from $8 – $10.5. However, the price varies based on location. Before going into any institution, you must be apprised of their money order charges.
Money Order Limitations
The IRS has set up different regulations and policies regarding money orders. This is just to put a restriction on transactions and prevent people from leveraging this method as a means of money laundering. The limit for domestic transactions for PNC customers is $1,000 and for international transactions, the limit is $700.
PNC found a way around this regulation, they ensured there is no limit to the amount of money order requests you can make. So, you can make a request for $1,000 as many times as possible, and depending on the type of checking account, the charge ranges from $0 to $5. However, if any financial institution receives money orders above $10,000, they are obligated to report such cases to the IRS.
Buying a Money Order
There are different ways to make your money order purchase from different institutions. You can get it from any PNC branch closest to you, retail stores, and any supermarket that offers Western Union or MoneyGram Services. You cannot get such services from Costco. If you are making your payment from a store, you can pay using your debit card or cash. If you are buying from a PNC branch, it would be deducted from your checking account.
Steps in a Filling Money Order
To help prevent stolen money orders from being used, you should first fill out the recipient’s information in the pay-to section. Next, fill in the sender’s information. All you need is their name and address. You can also fill out the memo section, if you have important account details to include. Finally, sign your name and stamp your signature under “purchaser’s signature” column. If you sign on the back of the money order, it means it is for yourself. ..
When you make your purchase, you can stay up-to-date on your transaction by tracking your money order. There are 2 different methods of doing this: if you purchased from a PNC branch, you should just submit a form to the help desk. If you made your purchase from a store, you can either fill out and submit an online form or call the customer care line.
Yes, PNC sells International Money Orders.
If you’re looking to purchase an international money order, there are other platforms that you can patronize which would help you cater to such needs. You can use Chase or Wells Fargo to process your international money order transactions.
Yes, you can get a payment refund from PNC. To do this, you will need to contact your bank and provide them with the following information: -Your name -Your account number -The date of purchase -The amount of the refund you would like to receive
PNC is offering a refund for money orders that have not yet been cashed. You can get a refund from any of the bank branches. There is a fee for this service, but it’s worth it if your money order was mistakenly cashed. If you think your money order was stolen, you can report the theft to the police. ..
Where can I cash a money order?
If you’re looking to cash a PNC money order, there are many branches that you can visit. You can also process the transaction from your home by using the mobile app. You’ll need to sign on the back of your order and go with a valid proof of identification. A stipend would be charged for such services.