Domestic Money Order Service: Issuance Limits and Denominations
- No money order card for a predenominated sum exceeding ₱2,000 unless authorized
- Daily sale limit to one party: ₱20,000 payable to one payee, subject to increase by Assistant Secretary within legal limits
- Five pre-printed, color-coded denominations: ₱2,000, ₱1,000, ₱500, ₱300, ₱200 (flexible use)
- ₱200 denomination used for sums ₱200 and below, to be written in words on form
- Money Order Fees based on total amount per application, not number of cards:
- Up to ₱200: ₱5.00
- Above ₱200 to ₱500: ₱10.00
- Above ₱500 to ₱1,000: ₱20.00
- Above ₱1,000 to ₱2,000: ₱40.00
- Every additional ₱1,000 or fraction: ₱10.00
- Centavos written as fractions between "PESOS and CVOS"
- Paying office must be specifically indicated; generic "METRO MANILA" is insufficient
Domestic Money Order Service: Payment Procedures
- Payment allowable at designated paying office, issuing office, or any commercial bank within 90 days of issue
- If multiple money order post offices exist in a locality, payment may be made at any one of them
- Payment funds derived from office collection or cash advance requisitioned from Regional Office
- In case of payee's death, payment to lawful representative or next of kin in prescribed order
- Prohibition against cashing money orders payable to government agencies for taxes and fees by postal employees
Duplicate and Invalid Money Orders
- Duplicate applications allowed after 30 days but within 3 years for lost orders; mutilated orders replaced immediately
- Money orders not paid/repaid within 90 days considered stale and invalid
- Applications for revalidation required for stale orders
- Proceeds of unpaid orders transferred annually to "Stale Money Order Fund"; after 3 years to Unappropriated Surplus
- Duplicate/revalidated orders valid for 90 days post-issuance; late payment requires new order and ₱10 fee per card
- Official Receipts must be issued for fees collected
International Money Order Service
- Extension to foreign countries subject to Assistant Secretary approval and bilateral agreements
- Payment of foreign-issued orders in the Philippines via checks against Money Order Fund
- Maximum issuance amount set at US$100, possibly increased to US$500 after Central Bank consultation
- Fees for issuance:
- Up to US$50: ₱25
- Above US$50 to US$75: ₱40
- Above US$75 to US$100: ₱60
Miscellaneous Provisions and Compliance
- Sequence of money order numbers must be strictly observed; discrepancies reported promptly
- Violations of rules subject to administrative sanctions per applicable regulations
- Assistant Secretary empowered to issue implementing guidelines, amendments, or revisions
- Repeal or amendment of inconsistent prior administrative orders and circulars