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Postal Orders

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Kev_UK | 16:04 Tue 14th Sep 2004 | Business & Finance
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It says a postal order can be paid through a bank account, otherwise anyone can cash it. You have to write the person's name and cross it a/c payee .. but can a postal order be cashed in this way through a building society such as the Halifax. (I know Alliance & Leicester allow them but they are a bank now). Also, do you have to wait for it to clear like a cheque, as it is cash in my opinion.
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In Abbey you can pay it in to an account and then withdraw it immediately without waiting for any clearing time.

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