Money order
The money order was until April 2002 by the Deutsche Post (formerly of the Federal Post Office ) by run cash , one at a post office by cash payment available amount of money to a specific payee to pay off. In Austria , BAWAG PSK offers a cash transfer service under the name Inlandspostanweisung via the branch network of Austrian Post . In the United States , the postal order ( English Postal Money Order ) spreads remain, although they do have the character of a guaranteed by the post office name checks there.
Domestic postal order in Austria
The domestic postal order in Austria is usually a cheaper alternative to other cash transfer service providers (such as Western Union ) for domestic payments. The fee for domestic postal orders in Austria is € 7.20 (as of February 2017) regardless of the amount Cash amount, with a maximum of € 9,000 per instruction. The payee pays a payment of € 2.80. The client can issue instructions to each post office, stating the recipient's name. Immediately after payment, the recipient can withdraw the amount transferred at any post office within Austria with an official photo ID. There is no notification of the recipient and no delivery of the amount of money (the amount of money must be picked up at a post office). If the amount is not remedied within one month, a chargeable repayment will be made to the client (reversal fee: 8.60 €). Once a postal order has been issued, no changes can be made.
The advantage of a domestic mail order over a bank transfer is that it is immediately available to the recipient after the payment has been made. The recipient can have the amount paid out in cash at a post office immediately after the payment has been made by the client. The maximum permissible transfer period of one business day since January 1, 2012 according to the Payment Services Act, which is otherwise customary for transfers, is no longer applicable. The domestic postal order is also interesting if one of the transaction partners does not have an account .
As a disadvantage of the domestic postal order, it should be mentioned that a transfer usually incurs much lower fees.
The risk of abuse is low and comparable to the risk of a referral; because even a transfer can only be retrieved in exceptional cases. However, general rules of conduct and safety precautions in online trading and financial transactions should be observed at all times. The negative image of cash transfer service providers is based in particular on problems in international payment transactions, where criminals demand cash payments in countries where it is difficult to prosecute the criminals. In the case of domestic payments, a lower risk can be assumed due to the verification of the recipient's identity and the possibilities of legal prosecution in Austria. Since the time and number of the ID presented are recorded when the payment is made and the payer has the transaction number, it is even easier for the police to investigate than when opening an account. In addition, the payer has the option of getting the amount back until it is paid out, after which he is at least informed of the date of the removal. The place, time and identity are only communicated to the authorities.
history
The postal order is a direct descendant of the money order introduced in 1792 by a private company. Postal orders were introduced in England in 1856, in old German postal areas between 1865 and 1867 and in the Universal Postal Union in 1879. On January 1, 1865, Prussia introduced postal orders instead of letters with cash deposits . The money order was completed by the depositor and was without transport evidence to the mail sent. Because of the cost savings, the fee could be low. Braunschweig , Hanover and Saxony introduced postal orders in the same year, Bavaria followed on November 1, 1866, Württemberg on February 1, 1867. A little later, on March 15, 1867, this payment method was also introduced in Austria. In association dealings , letters with cash payments remained in existence for longer.
A form made in card form was used as the form. It was to be completed by the sender, and the recipient certified receipt of the money. A small section of the card was used by the sender for small references; this section could only be separated from July 1, 1866. Further changes followed. From October 1, 1883, the Reichsbank giro traffic was combined with the postal order service. Now the amounts could also be transferred to the current account.
Regulated international traffic was suggested by Germany in 1874. A corresponding agreement was concluded in 1878. 14 states joined it.
The carrier of the amount of money was the so-called money mail carrier - a profession that became known in particular through Walter Spahrbier , who participated in television quiz programs in the 1950s and 1960s . The payment order had to be issued on a form; Domestic payments were usually made 1 to 2 days later. A maximum amount was set in each case; this was last € 1,500. Special forms such as express delivery , airmail or reclaim were possible.
Telegraphic postal orders were accepted with no limit on the amount.
International postal orders on multilingual (mostly German-French) forms were also possible in certain countries, the maximum amounts allowed differing from country to country.
With the minute service , amounts of money can be paid out immediately worldwide to the recipient in larger post offices or branches of the foreign contractual partners of the Post, with no upper limit, see for example: Western Union .
See also
literature
- Fritz Steinwasser: The way to the postal order. In: Briefmarkenspiegel , August 2008 issue, p. 88.
Web links
Individual evidence
- ↑ see USPS Domestic & International Money Orders
- ↑ PSK price list ( Memento of the original dated November 9, 2013 in the Internet Archive ) Info: The archive link was inserted automatically and has not yet been checked. Please check the original and archive link according to the instructions and then remove this notice. (PDF; 39 kB) BAWAG PSK website Accessed on November 9, 2013.
- ↑ https://www.postbank.de/postbank/pr_presseinformation_2002_10628.html
