The names that appear on checks and card/bank statements.
What you see on your bank statement or credit card statement
When paying vendors, banks and credit card statements usually display the name of the vendor you’ve paid along with Melio, so that you can easily reconcile your expenses.
Like this: "Vendor Name melio CCD"
While this format may not be displayed every time, ‘Melio’ will always appear on your statement.
What your vendors see on their bank statement
When your vendors receive payments via bank deposit, your company's name along with Melio will appear on their bank statement so they can easily identify it.
Like this: "Your Business Name melio CCD"
While this format may not be displayed every time, ‘Melio’ will always appear on your statement.
What your vendors see on their paper check
When your vendors receive a payment via paper check, it has your business's name on it, and looks like this:
Note: the text that appears after the Memo is taken from the "Leave a note for your vendor" in Melio's payment process.
Any questions? Let us know at support@melio.com