Fedex Corporation is a cargo and logistics company based in Memphis, Tennessee. It got its name from company’s air division Federal Express. The company is a household name in United States, and is the most popular courier service in the country. It is listed on the New York Stock Exchange. Over the years, the company has grown and diversified into a number of segments. Fedex is not a payment method in itself. It is in fact a parcel service that is used for ferrying checks or bank drafts from the player’s place to the casino. Fedex offers a super fast way of delivering checks and bank drafts to casinos.
How does Fedex works as a method of payment for casinos?
As we just discussed, Fedex is not a direct method of payment, but just a channel through which payments are routed from the player’s bank account to a casino. Fedex is the most efficient parcel service available in the entire United States. So, players who want to make deposits to casino accounts using checks or bank drafts can use Fedex services to send them to casino. Fedex delivers checks or bank drafts to casinos within a day. There overnight delivery facility has made it a preferred courier service amongst gambling enthusiasts.
Fedex charges a service fee on deposit amounts of $300 and below. For deposits above $300, the charges are credited back to the casino accounts. Fedex services can also be used to get your withdrawals from the casinos. You can request a check or bank draft through Fedex by selecting Fedex as your preferred withdrawal method on the cashier page. You will have to pay $10 for every withdrawal, and the funds will take 1-3 days to reach you.
What are the advantages of using Fedex for depositing funds into casino accounts?
Quick & Convenient: Fedex offers an easy way of funding casino accounts for those people who want to make payments directly through their bank accounts. There is hardly any other way in which funds can be deposited so quickly to the casino account by way of check or bank draft. The funds are picked from the player’s doorstep and delivered to the casino cashier.
Safe: Fedex is a secure way of transferring funds from bank accounts to casino accounts. It is a fool proof method of making deposits to casino accounts.
Withdrawals: Fedex can be used for making both deposits and withdrawals. The withdrawal amount will reach you in 1-3 days.
Are there any drawbacks of Fedex as a deposit method for casinos?
The only major drawback of Fedex is that it fairly expensive for deposits above $300, and withdrawals. Also, if you are in urgent need of funds in your account then online fund transfer would be better option than Fedex.
Fedex is a US based service that picks up the checks and bank drafts from the player’s doorstep and delivers it to the casino in a day’s time. It is a convenient and secure way of funding casino accounts. However, their service fees are high on deposits over $300 and withdrawals.
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