How To Deposit Money At Wells Fargo
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A coin guild allows individuals to exchange payment securely. Because yous pay the face value of the money gild upfront, it'southward a guaranteed course of payment — different a check. Money orders are available at various banks and retailers, and you'll unremarkably pay a fee. Wells Fargo'due south money order fee is $0 to $5, depending on the type of checking business relationship you accept.
Cost of a Wells Fargo Coin Guild
Coin orders are bachelor from Wells Fargo in amounts upward to $one,000. Here are the fees based on the blazon of checking account.
| Wells Fargo Checking Account Blazon | Money Social club Fee |
|---|---|
| Everyday Checking | $five |
| Articulate Access Banking | $5 |
| Portfolio by Wells Fargo | $0 |
How Wells Fargo Money Order Fees Compare to Other Banks' Fees
Wells Fargo'south money social club fees are comparable to those of other banks. The fee you'll pay depends on the blazon of account you take. Out of the post-obit banks listed, only Hunt offers gratuitous coin orders to all of its personal checking customers, no thing what type of account they hold.
| Bank | Money Order Fees |
|---|---|
| Chase | $0 for personal checking account holders, $5 for savings account holders |
| U.S. Banking company | $0 to $5 |
| TD Bank | $0 to $5 |
| Citibank | $0 to $5 |
How To Get a Wells Fargo Coin Order
To buy a Wells Fargo money order, you'll need to visit a branch. Coin orders are not available to buy online. Hither are some tips on how to go and fill out a money order.
Steps To Get a Wells Fargo Money Order
- Visit a teller's station at your local Wells Fargo branch, and request a money guild.
- Write the private's or business's name on the "Pay to the guild of" line.
- Write your proper noun and signature in the advisable places.
- Write your address, if applicative.
- Include whatsoever account numbers to route the payment to the correct identify, if applicable.
- Become a receipt and keep it until you know the money lodge has been received and cashed.
How To Avoid Coin Order Scams and Fraud
The most mutual money order scams involve a con creative person using a faux money club that leaves the recipient liable for the amount. The fake money order may be used to gain access to a valuable particular without actually paying for it. Or, a scammer could utilise information technology to buy something from yous and and so quickly demand a cash refund — leaving you with the worthless money order.
Unfortunately, it tin can take longer than a calendar week later y'all deposit a money gild for your financial institution to realize the fraud, which volition exit you to cover the coin that'southward been spent or refunded.
Ways To Avert Money Order Scams and Fraud
- Make certain the money order is real.Look on the money lodge for the issuer'south name and number, and call to verify the money gild's series number.
- Audit the amount closely. A coin order fabricated out for $100 could exist altered to read $1,000. Look for signs that the amount of the coin order has been altered.
- Examine the design of the money guild.Some issuers use authenticity features, such equally inlays or watermarks. If you're unsure that the money order is real, have it to the issuer and ask for an opinion.
- Turn down to deposit a money society and give back cash.If the money order is fake, y'all'll likely exist liable.
- Refuse to have a money order from someone who seems desperate.The desperation could exist a sign of someone who is trying to pull off a scam and then disappear.
- Look until the entire amount of the money order clears — or until afterwards you verify it'south real — before spending the funds, releasing the item you sold or issuing a refund. All of these conditions may be an inconvenience to y'all and the person who gave you the payment, simply it could salve you from being liable for a faux coin order.
Are Wells Fargo Coin Orders Worth It?
If you lot accept one of the checking accounts that waive the money guild fee, getting a coin society from Wells Fargo is worth it considering information technology won't toll you anything. Simply if your account doesn't include freebies, you lot might desire to find other places to become a money order. Otherwise, the only reason to go a money order from Wells Fargo would be as a matter of convenience if you're already planning to visit a branch.
This content is not provided by Wells Fargo. Any opinions, analyses, reviews or recommendations expressed in this article are those of the author lonely and have not been reviewed, approved or otherwise endorsed by Wells Fargo. Fees subject to change. Information is accurate as of Jan. 26, 2022.
Source: https://www.gobankingrates.com/banking/banks/what-wells-fargo-money-order-fee/amp/
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