26 April 2022 7:45

Is it illegal to send cash through the US Postal Service?

Many people think that it’s illegal to send money by mail, but that’s not true. The law only prevents illegal activities such as money laundering or mailing cash to defraud the tax man. You can send any amount of cash through the U.S. Postal Service, but USPS will insure currency only up to $50,000.

Can you send cash through the post office?

WASHINGTON — QUESTION: Does the U.S. Postal Service advise people to never send cash in the mail? ANSWER: No. While the U.S. Postal Service does encourage other options, such as money orders or traceable checks that are more secure, they still allow cash to be sent in the mail.

Is it OK to send cash in the mail?

The Postal Service advises customers it is preferable to send money using money order or check, but does not say to never mail cash. The agency offers insurance options for those who choose to do so.

How do you mail cash safely?

However, if you do need to post cash, there are a few things you can do to keep it safe and secure:

  1. Use a security envelope.
  2. Disguise it inside ‘junk’ mail – such as a flyer or promotional letter.
  3. Send it through a tracked delivery service.
  4. Purchase shipping insurance.

Can cash be insured?

For Registered Mail®, cash can be insured up to $50,000. For amounts over $50,000, the full value must be declared but the maximum insured value is $50,000.

How can I send cash to someone?

How to send money online, on mobile or in person

  1. Venmo: Best rated for mobile.
  2. Cash app: Best for referral bonus.
  3. Zelle: Fastest for domestic transfers (tie with Google Pay).
  4. Google Pay: Fastest for domestic transfers (tie with Zelle).
  5. PayPal: Most popular online.
  6. Walmart2Walmart: Best for nonbank transfers.