Using Money Order

A money order is purchased for the desired amount, similar to that of a bank draft.  The money orders are usually limited in maximum face value to some specified figure (ie, the United States Postal Service limits domestic postal money orders to US $1,000.00, in Belize our limit is $300.00).
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Cashing of Postal Money Order

US$ Amount x 1.98 (exchange rate)
e.g   US $300.00 x 1.98 = $594.00
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Local Money Order

Selling
Amount x 1%
e.g.    $200.00 x 1% = $2.00
Total Cost $202.00
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Cashing

Face Value of Money order what is paid.
e.g   If a customer presents a local money order for $200.00, the cashier pays out $200.00