DVP - Take the Money Order Image to your bank and ask them if it was processed

[Jim Hargrove]

Sandy Larsen has posted the following info on EF:


In 2001 postal money orders required bank endorsements.

The following is from 2001 CFR Title 12 (Banking) > Part 229 > Subpart C (Collection of Checks, Regulation CC):


229.2 Definitions
As used in this part [Part 229], unless the context requires otherwise:
(k) Check means--
(5) A United States Postal Service money order;

229.35 Indorsements
(a) Indorsement standards. A bank (other than a paying bank) that handles a check during forward collection or a returned check shall legibly indorse the check in accordance with the indorsement standard set forth in appendix D to this part.

Appendix D to Part 229--Indorsement Standards
1. The depositary bank shall indorse a check according to the following specifications:
The indorsement shall contain
The bank's nine-digit routing number, set off by arrows at each end of the number and pointing toward
the number;
The bank's name/location; and
The indorsement date.
The indorsement may also contain
An optional branch identification;
An optional trace/sequence number;
An optional telephone number for receipt of notification of large-dollar returned checks; and
Other optional information provided that the inclusion of such information does not interfere with the
readability of the indorsement.
The indorsement shall be written in dark purple or black ink.
The indorsement shall be placed on the back of the check so that the routing number is wholly contained
in the area 3.0 inches from the leading edge of the check to 1.5 inches from the trailing edge of the check.

Source: http://ithandbook.ffiec.gov/media/resour...egu_cc.pdf


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Sandy also researched this:


In 1925 postal money orders required bank endorsements.

The following is from the United States Official Postal Guide, 1925, page 95:


27. Payments to Banks - When an [money] order purporting to have been properly receipted by the payee, or indorsee, is deposited in a bank for collection, the postmaster at the office drawn upon may effect payment to the bank, provided there be a guarantee on the part of the bank that the latter will refund the amount if it afterwards appear that the depositor was not the owner of the order. An order thus paid should bear upon its back the impression of the stamp of the bank.

Source: http://ithandbook.ffiec.gov/media/resources/3631/frb-12cfr229_subparts%20a_b_c_regu_cc.pdf




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THE CLEAR EVIDENCE, INCLUDING THE LEGAL WORDING ON THE BACK OF THE INFAMOUS HIDELL MONEY ORDER, IS THAT IT SHOULD HAVE AT THE VERY LEAST, A FIRST NATIONAL BANK OF CHICAGO STAMP INDICATING THE MONEY ORDER WAS DEPOSITED. THE STAMP IS NOT THERE. THIS MONEY ORDER WAS NOT DEPOSITED.