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(NAR) VOL. 2 NO. 1/JANUARY-MARCH 1991

[ PSO ADMINISTRATIVE ORDER NO. 90-19, September 12, 1990 ]

REVISED POSTAL MONEY ORDER SYSTEM, EFFECTIVE OCTOBER 1, 1990



Under the National Emergency Memorandum Order No. 23 dated May 17, 1990 of the President of the Philippines, the Postal Services Office was authorized to fix the maximum amounts of domestic and international money orders, subject to the limits prescribed in said Memorandum Order.  In this connection, the following revised regulations of the Domestic and International Money Order System are hereby promulgated effective October 1, 1990:

A
Domestic Money Order Service

I. Issuance of Money Order

  1. No money order card shall be issued for a predenominated sum greater than TWO THOUSAND (P2 ,000.00) PESOS, Philippine Currency and unless specifically authorized by the Assistant Secretary, no Postmaster shall sell more than Twenty Thousand (P20,000.00) Pesos in a day to one party payable to one payee. However, the Assistant Secretary for Postal Services is authorized to increase these limits, as warranted, but within the amounts provided under Section 3 of National Emergency Memorandum Order (NEMO) No. 23.
  2. The money order shall have five (5) pre-printed and color coded denomination cards with Alpha Numeric Serial Numbers, namely:

    P2 ,000.00  
    -
    300.00
     
    B
    -
    1,000.00
    E
    -
    200.00
     
    -
    500.00

    -
    (flexible)
     
                                       
  3. The Two Hundred (P200.00) Peso denomination shall be used for amounts from Two Hundred (P200.00) Pesos and below which shall be written on the money order form.
  4. The Money Order Fee shall be collected from the remitter based on the aggregate or total amount applied for per application and NOT ON THE NUMBER OF CARDS ISSUED TO COMPLETE ONE APPLICATION based on the following rates:
    Amount  

    M.O. Fees
     
    Up to P200 
    -
    P5.00
     
    Above P200 up to P500
    -
    10.00
     
    Above P500 up to P1 ,000
    -
    20.00
     
    Above P1 ,000 up to P2,000
    -
    40.00
     
    Every additional P1 ,000


     

    or fraction thereof


     

    in excess of P2,000 
    -
    10.00
     



     
  5. If the Two Hundred (P200.00) Peso denomination card will be used, indicate the amount in words between "AMOUNT" and "PESOS".  If it contains centavos, write the figure over 100 in the space between the words "PESOS and CVOS" as 15/100; 45/100;
  6. For Domestic Money Order, the specific paying money order office shall be indicated. Never use "METRO MANILA" alone as paying office.  Indicate the place as " Manila", " Quezon City", " Pasay City", etc.
II. Payment of Money Order
  1. Domestic money Orders issued at any money order office in the Philippines may be paid either at the designated paying office, issuing office, or any commercial bank if presented for payment within ninety (90) days from the date of issue.  However, if there are two or more money order post offices in a city or municipality, the money order can be presented for payment in any one of them.
  2. ; Money orders shall be paid from the money order collection of the office or from the cash advance requisitioned for the purpose from the Regional Office pursuant to Accounting, Auditing, and Treasury regulations.
  3. In case of death of the payee of a money order, payment shall be made to the lawful representative of the deceased payee, whether executor or administrator.  If there has been no regular administrator upon the estate of the deceased, payment of the money order shall be made to the next of kin in the following order: surviving spouse and children, father and mother, and brothers and sisters in equal proportion within each group.
  4. Postmasters, postal tellers, and other employees concerned are prohibited from cashing money orders payable to government agencies when such money orders are drawn in payment of taxes, licenses, and other dues and fees due the government.

III. Duplicate/Invalid Money Order

  1. When a money order has been lost, an application for duplicate may be filed after thirty (30) days from the date of issue but within three (3) years with the Money Order Section or with any money order office which shall transmit it to the Money Order Section.  However, mutilated money orders may be replaced immediately upon application.
  2. A money order not paid or repaid within ninety (90) days from the date of issue is considered stale and therefore not valid, and when presented for payment or repayment, it shall be forwarded to the Money Order Section accompanied with a properly accomplished application for “Revalidation”.
  3. The proceeds of unpaid money orders more than 90 days old shall be transferred once a year to a fund to be known as the “Stale Money Order Fund”.  Any amount unpaid for three (3) years shall be transferred to the Unappropriated Surplus.
  4. A validated money order or a duplicate issued in lieu of an invalid order shall be paid only within 90 days from the date of issue of the duplicate/revalidated money order.  If such order is presented for payment after 90 days, it shall not be paid but sent to the Money Order Section for issuance of a new order at a fee of Ten (P10.00) Pesos per card.  The Postmaster must issue the corresponding Official Receipt thereof.

B
International Money Order Service

  1. The Assistant Secretary may extend the money order service to other countries and places at rates and on conditions determined by him through bilateral agreements.
  2. Money orders issued in foreign countries for payment in the Philippines must be paid through checks drawn against the account of the Money Order Fund.
  3. No international money order shall be issued for more than One Hundred U.S. dollars (U.S .$100.00).  However, this amount may be increased to Five Hundred U.S. dollars (U.S .$500.00) subject to consultation with the Central Bank of the Philippines.
  4. ; The fees for issuance of International Money Order are as follows:
Amount  

M.O. Fees
 
Up to U.S. $50.00
-
P25.00
 
Above US$50.00 up to


 
US$75.00
-
40.00
 
Above US$75.00 up to


 

US$100.00
-
60.00
 

C
Miscellaneous Provisions

  1. As money orders are issued consecutively, particular care shall be exercised to see that the sequence of numbers is not broken.  If Postmasters and other officials discover that the sequence has not been followed, the fact shall be immediately reported to the Money Order Section and all Offices to which copies of the Schedule of Money Orders Issued and money order accounts are sent, stating the numbers of the orders issued out of sequence and the reason thereof.  The same shall be recorded in the Schedule of Money Orders Issued for the period.
  2. Postmasters, tellers and other officials concerned found to be violating this Order and other existing issuances relating to the Money Order Service shall be administratively dealt with in accordance with pertinent rules and regulations.
  3. The Assistant Secretary is hereby authorized to prepare the implementing guidelines and amendments or revision to the Money Order System.
All previous Administrative Orders, Circulars, and other issuances pertaining to the Money Order Business that are inconsistent herewith are hereby repealed or amended accordingly.

Adopted: 12 Sept. 1990

( SGD .) TAGUMPAY R. JARDINIANO 
( SGD.) OSCAR M. ORBOS
Assistant Secretary 
Secretary
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