|Although negotiable in perpetuity, domestic
money orders are considered unclaimed after going
uncashed for two years, at which time the underlying
funds are used to subsidize post office operations. Every year, more
than $25 million in USPS money orders are not cashed.
Because the name and address of the purchasers and payees
of domestic money orders is not recorded, no effort is
made to contact those entitled to a refund.
If the money order
was lost, stolen or destroyed prior to negotiation, it is
possible to obtain a replacement. For assistance go to:
Postal Service Money Order
addition to unnegotiated postal money orders, the post office is
the source of an additional stockpile of unclaimed funds.
The Postal Savings System was established in 1911 to
provide safe, convenient depositories for Americans
who could save and earn interest by purchasing
certificates. The program was terminated on July 1,
1967. Certificates worth $59 million have been redeemed,
but 400,000 were never claimed.