A money order is purchased for the amount desired from postal services; in this way, it is similar to a certified check. In Beaverton, money orders consist of two portions; one is the negotiable check for remittance to the payee, and a receipt or stub, that the customer retains for records. The amount is printed by machine or check writer on both portions, and similar documentation, either as a third hard copy or in electronic form, is retained with the issuer and agent locations in Beaverton.
It is commonly used for transferring funds to a payee who is in a remote, rural area, where many people may not use a bank account at all. Money orders are the most economical way of sending money for small amounts.
Energy Efficiency Programs Save Customers Millions of Dollars (Long Island, NY) PSEG Long Island announced today that customers participating in energy efficiency programs in 2015 will save more than $60 million and 307,582,000 kilowatt hours (kWh) per year. The amount of energy saved is good for the environment, too, as it results in the elimination of the carbon dioxide..