You can connect your bank account on the Melio app in two ways:
- Verifying with micro-deposits
- Automatically by logging in with Plaid
What are micro-deposits?
- Micro-deposits are small amounts of money that enter your bank account so we can verify your account.
- Receiving micro-deposits can take up to 2-3 business days.
- These will be debited back from your account after a few days.
Here’s how to do it:
iOS users
There are two key steps to connecting your account through micro-deposits:
- Add your bank account details. You can do this either:
a. When making a payment.
b. From Settings. - Verify your bank account using micro-deposits, once you receive them.
Adding your bank account when making a payment
- Choose an existing bill, add a new bill or pay without a bill.
- Tap Pay.
- When asked what you want to Pay with, tap Bank account.
NOTE: Payment method is pre-selected
When you already have a verified payment method connected, it will be selected automatically.
To change to your bank account:
- Tap Change in the right top corner of the Pay with box.
- Tap +Add another bank account.
- Tap Verify with deposits.
- Add your Routing number (ACH) and Account number and tap Save.
- Tap Got it.
- Complete payment details and Slide to pay.
Your payment will only be processed once your account is verified.
Adding your bank account from Settings
- Go to Settings.
- Select Payment methods.
- Tap Bank account or Add another bank account.
- Tap Verify with deposits.
- Add your Routing number (ACH) and Account number and tap Save.
- Tap Got it.
You won’t be able to use this account until it’s been verified.
Android users
There are two key steps to connecting your account through micro-deposits:
- Add your bank account details.
- Verify your bank account using micro-deposits, once you receive them. This is available only from the Melio site.
Adding your bank account when making a payment
- Choose an unpaid bill, scan an invoice or add a new bill.
- Tap Pay.
- When asked what you want to Pay with, tap Bank account.
NOTE: Payment method is pre-selected
When you already have a verified payment method connected, it will be selected automatically.
To change to your bank account:
- Tap Change in the right top corner of the Pay with box.
- Tap Bank account.
- Tap Verify with micro-deposits.
- Add your Routing number (ACH) and Account number and tap Save.
- Continue making the payment.
Your payment will only be processed once your account is verified.