Question & AnswerQ&A (PSO ADMINISTRATIVE ORDER NO. 90-19)
The maximum amount for a predenominated Domestic Money Order card is TWO THOUSAND PESOS (P2,000.00).
No, a Postmaster cannot sell more than Twenty Thousand Pesos (P20,000.00) per day to one party payable to one payee unless specifically authorized by the Assistant Secretary.
There are five pre-printed and color-coded denominations: A - P2,000.00, B - P1,000.00, C - P500.00, D - P300.00, and E - P200.00 (flexible).
The fee is based on the aggregate amount applied for per application and not on the number of cards issued. The fees range from P5.00 for amounts up to P200, to P40.00 for amounts above P1,000 up to P2,000, plus P10.00 for every additional P1,000 or fraction thereof above P2,000.
Domestic Money Orders must be presented for payment within ninety (90) days from the date of issue.
The money order is considered stale and not valid for payment. It must be forwarded to the Money Order Section with an application for revalidation.
Payment shall be made to the lawful representative of the deceased payee, such as an executor or administrator. If there is no administrator, payment shall be made to the next of kin in this order: surviving spouse and children, father and mother, then brothers and sisters equally within each group.
No, Postmasters and other employees are prohibited from cashing money orders payable to government agencies for taxes, licenses, and other dues.
An application for a duplicate can be filed after thirty (30) days from the date of issue but within three (3) years. Mutilated money orders may be replaced immediately. Duplicate money orders must be paid within 90 days from the date of issue of the duplicate.
No international money order shall be issued for more than One Hundred U.S. dollars (US$100.00), though this may be increased to Five Hundred U.S. dollars (US$500.00) subject to consultation with the Central Bank of the Philippines.
The fees are P25.00 for amounts up to US$50.00, P40.00 for amounts above US$50.00 up to US$75.00, and P60.00 for amounts above US$75.00 up to US$100.00.
The Postmaster or official must immediately report the break and reason to the Money Order Section and all relevant offices, and record it in the Schedule of Money Orders Issued for the period.
They shall be administratively dealt with according to pertinent rules and regulations.
The Assistant Secretary for Postal Services is authorized to prepare the implementing guidelines and amendments or revisions to the Money Order System.