How to send money to Morocco
Learn how to transfer money to Morocco with the best rate in four easy steps
1. Check the MAD mid-market rate against your own currency
Sending money on a date when the mid-market is higher than usual is a good way to optimize your transfer. You should use exchange rate email alerts to track the MAD mid-market's evolution.
2. Make your choice among the 19 providers available for transfers to Morocco in order to find the best option.
We compare quite a few services to make money transfers to Morocco, such as TransferWise, Western Union, MoneyGram, Currencies Direct, OFX. Selecting the best money transfer provider from the list is the best way to save on fees and exchange rate.
3. Choose the best option for your personal needs
Decide if you’re looking for the service with the lowest fees and best exchange rates, fastest transfer speed, highest reviews, or a good combination of the three.
In addition, it is important to pay attention to the pay-in and pay-out options. Most of the time you'll find providers allowing you to pay by bank transfer, others will also allow you to pay with your credit and debit cards. At the other end, in Morocco, choose if you need the money to be deposited on a local bank account or received in cash (from an agent location).
4. Sign up and start your transaction to Morocco with the company you selected
Visit the provider's homepage to complete the sign-up process - be ready to provide an ID and/or a proof of adress - and set upyour money transfer to Morocco.