Which type of money order is used for domestic transactions?

The correct answer is domestic, which is specifically designed for transactions that occur within the same country. Domestic money orders are issued and redeemed within the United States, allowing individuals to send and receive funds securely and efficiently without the need for a bank account. This type of money order can be used for various purposes, such as bill payments, remittances, or personal transactions.

In contrast, international money orders facilitate the transfer of funds across national borders, serving a different purpose than domestic orders. The term "bait" refers to a deceptive practice, often used in scams, rather than a legitimate financial product. "Global" is not a standard category of money orders and does not denote a specific type distinct from domestic or international transactions. Understanding these distinctions is critical for selecting the appropriate type of money order based on the transaction's geographical context.