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So "pay to the order of" is mentioned on the USPS website
http://faq.usps.com/eCustomer/iq/usp...Q&view%28%29=c[c_usps04233]
It's interesting they state
are considered
They also state pay to bearer, negotiable instruments are insured at face value...
Also, when it comes to rates, since the pay to the order of John Doe is considered "personal info"
This is showing a distinction in the two types of checks. Some in the club have stated crossing out the "the order of" part of the check, but, "to bearer" could also be added after the name of the party. I think the deal here is whether the check can be negotiated without the specific individual named.
http://faq.usps.com/eCustomer/iq/usp...Q&view%28%29=c[c_usps04233]
It's interesting they state
"Nonnegotiable Instruments (Documents) - Registered bonds, checks, money orders and drafts made out to specific recipients; deeds, wills, and similar documents. Stock certificates are considered nonnegotiable unless endorsed in blank."
...to have no value. If postal insurance coverage is purchased, the customer will only be reimbursed for the replacement expense of the documents (See Additional Notes on Indemnity Limits).
Also, when it comes to rates, since the pay to the order of John Doe is considered "personal info"
This is showing a distinction in the two types of checks. Some in the club have stated crossing out the "the order of" part of the check, but, "to bearer" could also be added after the name of the party. I think the deal here is whether the check can be negotiated without the specific individual named.