how do I turn money order to cash?

Question

So I am currently selling a laptop at craigslist and the buyer says that they will be sending the payment through money order. But then how do I turn the money order to cash?? Is it like a check where I just deposit it?

Answer 1

It is like a check, yes. Money orders don't bounce as you must pay for them with cash.
If this MO comes from Nigeria though, it's quite probably phony.

Answer 2

As long as it is under your name, you take it to your bank and deposit it, or cash it. Other places will charge you a fee. Also know that Money Orders have certain date of expiration, so don't wait too long...I believe is 90 days. As soon as you get it, take it to your bank.

Answer 3

If you have a bank account your bank will cash it.