Money-Order Transactions

Money-Order Transactions

 

operations performed by credit institutions (banks and savings offices) and communications enterprises (postal and telegraph offices) in the course of issuing money orders authorized by legal persons or by individuals.

References in periodicals archive ?
They use money orders to pay their rent and utility bills and to send money to loved ones." (About 25% of all money-order transactions involve sending money to a parent, student or sibling.)