Effective immediately, Handbook F-101, Field Accounting Procedures, is revised to state that all postal retail units (PRUs) and contract postal units (CPUs) may cash money orders made payable to a business only if the business has submitted a list of authorized representatives of that business, and the list has been filed with the local PRU.
Handbook F-101, Field Accounting Procedures
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10 Postal Money Orders
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10-2 Cashing Domestic and International Money Orders
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10-2.1 Postal Retail Unit Procedures
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10-2.1.1 For All Postal Money Orders
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[Revise 10-2.1.1 by adding item f to the third alphabetical listing as follows:]
The signature of the purchaser or payee must match the signature on the photo ID, except for the following instances:
f. When payable to a business, a representative from that business may cash the money order only if the representative has been given that authority. A list of representatives for that business must be submitted and filed at the local PRU that will be cashing the money order.
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We will incorporate these revisions into the next printed version of Handbook F-101 and into the next online update, available on the Postal Service™ PolicyNet website:
n Go to http://blue.usps.gov.
n In the left-hand column under “Essential Links”, click PolicyNet.
n Click HBKs.
(The direct URL for the Postal Service PolicyNet website is http://blue.usps.gov/cpim.)
— Field and International Accounting,
Finance, 8-26-10
