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Receipt for Money Paid on Behalf of Another Person

Legal Receipt Format

Name: Receipt for Money Paid on Behalf of Another Person
Brand: US Legal Forms
Price: 59.00 USD
Rating: 4.85 (389 reviews)

Category:

Contracts - Agency

State:

Multi-State

Control #:

US-00916BG

Format:

Instant download

Description Money Paid Order

An agency relationship is one in which one party (an agent) agrees to act on behalf of another (the principal). In this form, the person making the payment is acting as an agent on behalf of the person (the principal who is the obligor or debtor) who owes money to the creditor or obligee.

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How to fill out Paid On Behalf?

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Legal Receipt Of Payment Template Form Rating

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Receipt For Money Received Template Other Form Names

Behalf Another Person Receipt Person Receipt Paid Template Money Paid Statement Behalf Money Paid Receipt Paid Form Receipt Paid Order

Money Paid Form FAQ

Money orders are made out to individuals or companies for a specific amount.Money orders can be purchased from such places as the U.S. Post Office, Western Union, Money Gram and even Wal-Mart. When you receive a money order, you must endorse it before turning it in for cash.

Step 1: Fill in recipient's name. This is the name of the payee: the person or company receiving the payment. Step 2: Write your address on the purchaser line. Step 3: Add a memo or account number. Step 4: Sign the front of the money order. Keep the money order receipt. Drawbacks of money orders.

Banks will usually allow you to deposit checks or money orders into someone else's account for example, if you're giving a gift, helping a friend or family member cover bills, or paying someone back.You can also sign a money order over to another person so they can deposit the money order themselves.

To cash a money order, you'll need to first endorse it by signing your name on the back. You will also need to provide identification no matter where you're cashing your money order. If you don't have any ID, you can endorse the money order to someone else, like a sibling or friend, who does have an ID.

You are the purchaser and so you should write your current mailing address. Some money orders may use the words From, Sender, Issuer, Remitter, or Drawer. Putting your address allows the recipient (wherever they deposit the money order) to contact you if they want to confirm that it's real or if there is an issue.

Legally, a purchaser's signature is not required for a money order to be negotiable since it has been already paid for in cash. The named payee must sign in order to receive the cash.

Plan Before Endorsing a Check to Someone Else. Confirm the Person/Entity Will Accept a Signed-Over Check. Ensure the Person's/Entity's Bank Will Accept the Check. Sign the Back of the Check in the Top Section of the Endorsement Area. Write Pay to the Order of and the Third Party's Name Below Your Signature.

No, you cannot make changes to a completed money order. Any form of alteration or correction will result in ineligibility for cashing.

Fill in the name of the recipient. Write the name of the recipient of the money order in the pay to or pay to the order of field. Include your address in the purchaser section. Write the account or order number in the memo field. Sign your name in the purchaser's signature section.

Legal Receipt Format

Description Money Paid Order

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