Melio review

The listed transfer fee is $0. Each ACH payment carries a per-payment charge that applies once the free monthly allowance is used, and the Melio Go plan carries its own free ACH allowance. Running cost therefore depends on how many ACH payments a business sends each month.

Delivery depends on the route. Standard USD payments take the longest, a faster USD option sits in the middle, and local currency payouts are the quickest. Payouts to bank and card follow the same per-route timings, so check the currency on the payment before promising a supplier a date.

Melio covers 15 currencies. Sending in the recipient's local currency is the quickest of the listed delivery options, while USD payments carry the longest timings, so the currency on the payment shapes the wait for the person being paid.

Payouts go to bank accounts and cards, listed as bank and card. A supplier or contractor can be paid into an account they already hold or to a card, which keeps the money inside the banking tools already in use on their side.

Melio is headquartered in the United States and lists a licence under the NMLS, the National Mortgage Lender Licensing System, with id 2376858. The legal entity behind the service is Melio Solutions Inc., so supplier checks can be run against that name and the licence record.

Support runs on chat, email and phone, so a payment question can go to a person by phone as well as through chat, email or the help centre. For a business paying suppliers, the phone channel is the useful one when a payment is late and the supplier wants an answer the same day.

Skrill makes bank transfers free, so plain bank-to-bank moves lean that way, and PayPal Colombia charges nothing on payments from a balance or linked bank account, adding fees for card and cross-border sends. Melio's headline transfer fee is $0, with a per-payment ACH charge after its free monthly allowance, so the comparison turns on volume.