Transfer Money to Morocco

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About Money Transfers to Morocco

We have helped thousands of people save when transferring money to Morocco, whether it be sending large sums to relatives in Marrakech or planning a trip to Fez, our service will aim to help and advise you on the options available to you. Our goal is to put your mind at ease as we endeavour to maximise the value of your Moroccan Dirham transfers.

Sending money to Morocco has never been more reliable and above all cheaper and with the use of our comparison tables, we will find you the exchange rates and best deals tailored to your individual needs, whatever the amount and whatever the occasion.

Last updated: May 08, 2014 Our methodology

Quick Facts: Morocco

Key information for sending money to Morocco

Transfer Speed
2 working days
Local Currency
MAD
Income Tax Rate
0-38%
Avg. Property Price/m²
14,841.78 MAD
Avg. Monthly Rent (3 bed)
5,810.42 MAD
IBAN Required
No

Money Saving Tips for Morocco

Expert advice for your international transfer

If your stay is longer than 90 days, a resident permit is required and can be issued by the Police Department of your place of residence in Morocco.

Entry visas are valid for 3 months; visitors wishing to stay longer should apply to the local police station within 15 days of arrival.

Tangiers is the more affordable beach-front location for property buyers and is just as cosmopolitan as Marrakech.

Buying new-build is at least ten times more straightforward than buying an ancient home with Pre-Land Registry as these commonly have multiple owners.

What You Need to Send Money to Morocco

Checklist of recipient bank details required

Routing Number e.g.
Bank routing number
SWIFT/BIC Code e.g. BANKMAXX
Bank identifier for international transfers
Account Number
Recipient's bank account number
Account Holder's Name
Full name as it appears on the bank account

Popular Banks in Morocco

Attijariwafa Bank Banque Populaire du Maroc BMCE Bank BMCI Société Générale Maroc Crédit Agricole du Maroc

"When sending money to Morocco, always compare multiple providers. The exchange rate is important, but don't forget to factor in transfer fees and delivery times. For larger amounts, even small rate differences can translate to significant savings."

— MyCurrencyTransfer Editorial Team

Frequently Asked Questions

Common questions about sending money to Morocco

What is the cheapest way to send money to Morocco?

The cheapest way to send money to Morocco depends on your transfer amount. For larger transfers (over £1,000), specialist providers like Wise or OFX typically offer better rates than banks. Compare providers above to see which offers the best deal for your specific amount.

How long does it take to transfer money to Morocco?

Most transfers to Morocco are completed within 1-3 working days. Some providers offer same-day or next-day delivery for an additional fee. The exact time depends on the provider, payment method, and whether the recipient's bank processes weekend transfers.

What information do I need to send money to Morocco?

You'll typically need: the recipient's full name (as it appears on their bank account), their bank account number, the bank's SWIFT/BIC code, and for some countries an IBAN. You may also need the recipient's address and the bank's name and address.

Are money transfer services safe to use?

Yes, the providers we compare are regulated by the Financial Conduct Authority (FCA) or equivalent regulators. They must keep your money in segregated accounts and follow strict anti-money laundering procedures. Always check a provider's regulatory status before sending money.

Should I use my bank to send money to Morocco?

Banks are generally more expensive for international transfers due to higher exchange rate margins and fees. Specialist money transfer providers typically offer rates 2-4% better than banks. Use our comparison to see how much you could save.

How to Transfer Money to Morocco

  1. Compare providers

    Use the comparison table above to find the best exchange rate and lowest fees for your transfer amount.

  2. Create an account

    Click through to your chosen provider and register for a free account. You'll need your email address and basic personal details.

  3. Verify your identity

    Upload ID documents as required (passport, driving licence, or national ID). Most providers verify within 1-2 business days.

  4. Enter recipient details

    Add your recipient's bank account details including their name, account number, and SWIFT/BIC code.

  5. Fund and track your transfer

    Pay by bank transfer or debit card, then track your money until it arrives. Most transfers complete within 1-3 working days.