Melio lets you choose how to connect your new receiving method if you connected the previous one with micro-deposits.
You can choose to connect the new one instantly via Plaid or again with micro-deposits.
Here’s how to connect your new receiving method with micro-deposits
1. Sign in to Melio.
2. Click Settings in the left sidebar.
3. Select Receiving method.
4. Under Receiving methods on the right, click the three dots next to the current bank account.
5. Select Update account from the dropdown list.
6. Click Continue in the warning message.
7. When asked how to connect the account, select Verified with deposits.
NOTE: Connecting instantly.
Changed your mind and want to connect your bank account instantly? Click Connect instantly and follow these steps.
8. Enter your account number and ACH routing number. Click Save and continue.
9. Your bank account is now pending until you’ll verify it with the micro-deposits.
Verifying your bank account
Within 3 business days, you’ll receive two very small deposits into the account you wish to connect. All you need to do is go back to Melio and enter these sums.
1. Sign in to Melio.
2. Click Settings in the left sidebar.
3. Select Receiving method.
4. Under Bank account, Click Verify account.
5. Enter the amounts you received. Click Submit and verify.
That’s it, the receiving method was changed successfully.