Canada Post charges $7.50 each for all money orders. Money orders can cost as much as $10 at a retail bank. Cashing a money order may cost you, depending on where you take it.

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At Canada Post, you’ll be asked for ID if you’re purchasing multiple money orders that exceed a total of $3,000. You will also need the name of the person you’re sending the money order to.

Money orders can be purchased from a bank or Canada Post. Bring a valid photo ID and fill out the required form with your name, money order amount and recipient’s name.

When to Use a Money Order. Cashier’s checks are good for some scenarios, but not for all. Here are some times when you may prefer to use a money order. No Bank Account.