MO can refer to Money Order, a financial instrument, or Modus Operandi, referring to operating method.
A money order is a financial instrument that can be easily converted into cash by the payee named on the money order. Money orders list both the payee and the purchaser, known as the payor. They are issued by banks, telegraph companies, post offices, and travelers' check issuers to individuals presenting cash or other forms of acceptable payment.
A comprehensive guide to Registered Checks, detailing their use, mechanics, benefits, and comparisons with similar financial instruments.
Telegraph Money Order is a method of sending money urgently by placing cash with a telegraph office, which then wires the destination office to disburse the cash or an equivalent money order.
A detailed guide on what a money order is, how it functions, and the steps to obtain one.
