Amscot Corporation Money Transfers Complaint

Domestic (US) money transfer Other transaction issues

Amscot Corporation Money transfers department,

Domestic (US) money transfer Other transaction issues Florida

I have accumulated, over 4 years, money orders which I have stashed in a drawer in the event I ca n't pay my necessary utility bills, were I to have no work. Recently, I got them out and gave one, which I had left blank, to a repairperson who took it to his bank and came back with it saying it was outdated. That 's how I discovered that all these money orders, from Amscot, which I have been saving are " outdated ''. The Amscot teller said I had to read the back, which informs people, in very small print compared to everything else printed on the money order, that there is a 1 year expiration date. I have many times over the years, in the past received checks from companies, and they had printed ON THE FRONT, in regular or larger than regular letters a " valid until ... date ''. My question is why this should not be standard for the AMSCOT vehicles as well? Put this vital information where you see it, and not hidden, as it were. Do other companies have the option to put expiration dates on the back in tiny print? I 'm writing because I have lost considerable value to my checks as I return them to AMSCOT.

Amscot Corporation customer in Florida
Apr 25, 2016

* Source: CFPB Complaint Database

Amscot Corporation response to complaint:
Closed with monetary relief

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