AAFES to curtail money order program
Army & Air Force Exchange Service
/ Published May 11, 2009
DALLAS -- Army & Air Force Exchange Service facilities will no longer offer money order services after close of business May 31.
"Fortunately, these services are already available on military installations," said AAFES' chief of corporate communications Lt. Col. William Thurmond. "These banks, credit unions and post offices will be able to meet the need for financial services such as money orders, while AAFES focuses on meeting authorized shoppers' retail needs."
Stringent anti-money laundering requirements and Department of Defense Financial Management Regulations that forbid "base organizations" from selling money orders when banking offices are open prompted AAFES' decision to curtail money order services at 107 of its main stores and 136 "specialty" stores.