The recipient of the money order needs to sign it..
More Info: The recipient needs to endorse a money order for deposit in the same manner as you would a personal check. Many institutions require that you sign it in front of the teller.
How Money Orders Work
A money order is often considered a more secure method of guaranteed payment than a personal check, but it also can be more time-consuming and even costly to use. To purchase a money order, you will need to walk into a bank or another venue that sells money orders. These cannot be written in the same convenient method that a personal check can, and so they are not utilized as often as personal checks are. In fact, many consumers have questions about how to properly use a money order because they are infrequently used. One area that causes confusion with both those who pay with a money order and those who receive the money order is the signature area on the back of the money order.
If You Are Paying With a Money Order
If you are paying with a money order, you will only fill out the front side of the money order. Typically, the front of the money order will have fields for the recipient’s name and address as well as the purchaser’s name and address. These should be filled out at the time you purchase the money order. The field indicating the amount of the money order typically is filled out by the bank or other venue where you are purchasing the money order. There are no fields for the purchaser to sign on the back of the money order.
If You Receive a Money Order
In order to cash a money order or deposit it into your bank account, you will need to endorse the back of the document. This is done by the recipient in the same fashion as is done with a personal check. However, bear in mind that you typically need to walk inside a bank and receive teller service in order to deposit or cash a money order. The signature typically should be placed on the money order with witness by the bank representative or another representative of the venue where you will be cashing your money order. Furthermore, additional documentation regarding your identity may be required before you can receive money from the money order.
“How to Deposit a Money Order.” BankingQuestions.com . N.p., n.d. Web. 03 Oct. 2012. <http://www.bankingquestions.com/moneyorders/2008/q_0731_depositmo.html>.
“Getting Started Guide.” Wells Fargo. N.p., n.d. Web. 03 Oct. 2012. <https://www.wellsfargo.com/checking/tour/deposits>.