Similar to a domestic money order, an international money order is used for making payments overseas without relying on digital services. International money orders are not the best way to send money abroad, so consider other money transfer options before buying and sending one in the mail.
What is an international money order?
A money order is a paper document that is used as a method of payment, similar to a personal cheque. An international money order operates exactly the same way as a domestic money order, by letting you prepay an amount that will be used as a secure form of payment. The main difference is that international money orders are accepted by other countries instead of being limited to Australia.
Pros
Safer than mailing cash
A bank account typically isn't required
Can't bounce – paid for in advance
Can be tracked internationally
Cons
Fees for both the sender and receiver
Low sending limits – it's a hassle to send more than $10,000 with a money order
If you cash it in a foreign currency, you won't get a good exchange rate
Cancellation and refunds can be expensive and take upwards of 30 days
Not globally accepted – double check the country you're sending to
Has to be physically delivered before it can be cashed
May require multiple forms of ID to cash
Is using an international money order my best option?
No, an international money order is rarely the cheapest way to send money internationally. Because of the uncertainty involved in sending an international money order, your recipient may end up paying fees and suffering from poor exchange rates when cashing the money order at a bank or local post office.
Let's crunch the numbers: Sending $2,000 to the US
Let's say you need to send $2,000 to family in the US and want to know if sending an international money order is your best choice. Here's what you might face as far as fees, exchange rates and sending speeds are concerned as of 16 November 2023. In the example below we used Wise (money transfer), Western Union (cash pickup) and Australia Post (money order).
Online money transfer service
Cash transfer
International money order
Fee
$10.17
$0
$5
Exchange rate
1 AUD = 0.648 USD
1 AUD = 0.639 USD
1 AUD = 0.6169 USD
Transfer speed
1-2 days
Minutes
2-4 days
Amount received
US$1,289.81
US$1279.57
US$1,234
Verdict
Best value
Fastest
Slowest and most expensive
The international money order is the slowest and expensive option. There may be additional fees charged when cashing the international money order, and the exchange rate featured in our table is based on bank rates – the exchange rate offered when cashing the money order may be weaker.
A cash transfer service could almost always have the money there faster and available for cash pick-up at hundreds of locations, while a digital service could deliver the money directly to your recipient's bank account if desired.
How to fill out an international money order with Australia Post
An international money order is physically sent to your recipient, so make sure that everything is filled out correctly to avoid delays. Because your recipient may have to pay fees to cash the money order, consider sending more than needed to help cover fees and exchange rates.
Steps to fill out your international money order
Check availability. International money orders will not be accepted everywhere. Before purchasing one, make sure your recipient will be able to cash it at a local bank or post office.
Fill in the recipient's name. Because your recipient may need to show ID when cashing the money order, write their name exactly as it shows on their ID to avoid any complications. Some international money orders require you to fill in the recipient's address in addition to their name.
Use the memo section. If you're paying an international bill, include the account number and purpose of payment under the memo section. If you're sending money to family, consider putting your name and address in the memo section and label yourself as the purchaser.
Sign the money order. International money orders without a signature may be rejected.
After filling out the money order you'll want to:
Keep your receipt.
Ask about expected delivery dates.
Have the transfer agent verify you've filled it out correctly.
How do I cash an international money order?
Money orders can be cashed in the same way as a cheque, but cashing locations may be restricted depending on where you live. Follow these steps to cash an international money order:
Find a location. Before receiving an international money order sent to you, verify that a local post office will be able to cash it.
Endorse the money order. You must sign the back of the money order before it can be cashed, but wait to sign it until you're about to hand it over to the cashier.
Provide identification. Your ID will need to match the name on the money order and be government-issued, such as a passport, driver's licence or military card.
Pay associated fees. Unfortunately, you may have to pay fees and agree to poor exchange rates to cash your international money order. You may be able to have these charges deducted from the money order total. Ask the cashier if this is an option.
Count your cash. Verify that the amount of money you received is correct before you leave the counter. Any missing money is not the responsibility of the cashier if you notice the mistake after finalising the transaction.
Bottom line
As sending money shifts online, money orders are becoming less common. There are many ways to send money internationally that can be done entirely online from the comfort of your home. To learn how to get started with these types of transfers, head over to our guide on transferring money and send your first transfer today.
Frequently asked questions
Do international money orders have a maximum limit?
Sometimes, depending on the provider. For example, Western Union limits daily transactions to $5,000. Australia Post offers domestic money orders, you can send up $5,000 with a standard order ($13 AUD) and up to $10,000 with an express order ($25 AUD).
Can you track an international money order?
Yes. Use your receipt to track your order by calling the company you sent it through or visiting the location from which you sent the money order.
Can you cancel an international money order?
It depends. If the money order has been cashed you may not be able to cancel it. If it is still in transit you may be able to call the company that issued the money order and cancel it for a refund, but chances are low.
My international money order was stolen. Now what?
A lost or stolen money order can be replaced, but you'll often face a fee to do so. You'll need to report the stolen money order to the company that issued it, provide details found on your receipt and then typically wait anywhere between 30 and 60 days for a resolution.
I received an international money order from a stranger. Should I cash it?
No. Never cash an international money order that you weren't expecting; it is a scam. To learn more about what to do in this situation, visit our money transfer scams page to learn more.
Was this content helpful to you?
Thank you for your feedback!
To make sure you get accurate and helpful information, this guide has been edited by Joelle Grubb as part of our fact-checking process.
Zak Killermann is a staff writer at Finder specialising in money transfers. He has ghostwritten hundreds of FinTech articles over the years and found his love for publication at St. Cloud State University. Zak has been travelling internationally for nearly half his life and — after getting burned once by an over-the-counter money exchange — vowed to never settle for anything short of the mid-market rate. See full bio
Finder today announced it has acquired Grow My Money, an Australian based cashback platform that turns everyday spending into home loan and superannuation contributions.
Butter International Travel Insurance comes with all the essentials and plenty of optional extras for those who want further coverage.
How likely would you be to recommend Finder to a friend or colleague?
0
1
2
3
4
5
6
7
8
9
10
Very UnlikelyExtremely Likely
Required
Thank you for your feedback.
Our goal is to create the best possible product, and your thoughts, ideas and suggestions play a major role in helping us identify opportunities to improve.
Important information about this website
Finder makes money from featured partners, but editorial opinions are our own.
Finder is one of Australia's leading comparison websites. We are committed to our readers and stand by our editorial principles
We try to take an open and transparent approach and provide a broad-based comparison service. However, you should be aware that while we are an independently owned service, our comparison service does not include all providers or all products available in the market.
Some product issuers may provide products or offer services through multiple brands, associated companies or different labeling arrangements. This can make it difficult for consumers to compare alternatives or identify the companies behind the products. However, we aim to provide information to enable consumers to understand these issues.
We make money by featuring products on our site. Compensation received from the providers featured on our site can influence which products we write about as well as where and how products appear on our page, but the order or placement of these products does not influence our assessment or opinions of them, nor is it an endorsement or recommendation for them.
Products marked as 'Top Pick', 'Promoted' or 'Advertisement' are prominently displayed either as a result of a commercial advertising arrangement or to highlight a particular product, provider or feature. Finder may receive remuneration from the Provider if you click on the related link, purchase or enquire about the product. Finder's decision to show a 'promoted' product is neither a recommendation that the product is appropriate for you nor an indication that the product is the best in its category. We encourage you to use the tools and information we provide to compare your options.
Where our site links to particular products or displays 'Go to site' buttons, we may receive a commission, referral fee or payment when you click on those buttons or apply for a product.
When products are grouped in a table or list, the order in which they are initially sorted may be influenced by a range of factors including price, fees and discounts; commercial partnerships; product features; and brand popularity. We provide tools so you can sort and filter these lists to highlight features that matter to you.
Please read our website terms of use and privacy policy for more information about our services and our approach to privacy.
We update our data regularly, but information can change between updates. Confirm details with the provider you're interested in before making a decision.
