asked the Minister for Posts and Telegraphs whether he is aware that although postal orders are stated on their face to be not negotiable, cases have occurred recently in which a postal order marked payable to a specified payee and crossed and marked "A/C Payee" were negotiated by a person other than the specified payee; and if he will state whether it is correct that postal orders are in fact not negotiable and whether the Department of Posts and Telegraphs will indemnify the purchaser of a postal order against any loss that may be sustained as a result of the order being unlawfully negotiated by a person other than the specified payee.
Ceisteanna—Questions. Oral Answers. - Postal Orders.
Postal Orders are not negotiable, and whilst they may be made payable to individuals, Firms, &c. and crossed for payment through a Bank, the onus for establishing the bona fides of the person presenting the Postal Orders rests on the Bank.
After a Postal Order has once been paid, to whomsoever it is paid, the Minister for Posts and Telegraphs is not liable for any further claim in respect of the Order.