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Bank draft vs money order: What’s the difference?

If you need a secure way to pay someone — especially for a large purchase — you might be weighing a bank draft vs money order. Both are safer than personal checks. Both guarantee funds. But they’re ...
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You got paid, but you can’t use the money yet — you can thank scammers for the added hassle. Here’s why

So you’re minding your business, finishing a job and expecting a bank draft to clear so you can pay your crew. You walk into your bank branch and are told there will be a five business day hold on the ...