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F ederal reser ve Bank of Dallas
DALLAS. TEXAS

75222

Circular No. 79-25
February 9, 1979

POSTAL MONEY ORDERS

TO ALL BANKS IN THE
ELEVENTH FEDERAL RESERVE DISTRICT:
The United States Postal Service has asked the Federal Reserve
Banks to communicate a change concerning the cashing of Postal Money
Orders. Postal Money Orders have a statement on the back "Do not cash
if face amount exceeds $300." This statement is no longer applicable
since the maximum value of money orders was changed, effective May 29,
1978, to $400. Banks are requested not to deny payments to customers
with money orders in excess of $300 but less than $400.
If you have any questions concerning this matter, please conĀ­
tact your local Postmaster.
Sincerely yours,
Robert H. Boykin
First Vice President

This publication was digitized and made available by the Federal Reserve Bank of Dallas' Historical Library (FedHistory@dal.frb.org)


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