Security Owner (In Possession)

The name of the person or company holding a traveler’s check at the time of theft, embezzlement, or loss should be entered in the Owner Field even though this information is not indicated on the face of the document.  When the purchaser of the traveler’s check had cashed it or used it to make a purchase. In this event the name appearing on the traveler’s check should be included in the Miscellaneous Field to assist in its identification.

Similarly, the person in possession of a money order at the time of theft, embezzlement, or loss should be identified as the owner even though his name does not appear on the document. This situation would occur when the purchaser of a money order had filled in the payee line thereon but had not turned the money order over to the person or company to whom payment is to be made. In this instance the name of the payee should be placed in the Miscellaneous Field to further identify the money order.