How to send money to Morocco: cash pickup, bank deposit and the best rates (2026)

The short version: most money sent to Morocco is collected as cash at agents such as Wafacash or Cash Plus, or paid into a dirham (MAD) bank account. The dirham is a managed currency that moves in a narrow band, so rate swings rarely change much. What does change the total is each provider's fee and exchange-rate markup, which is why comparing the dirhams that arrive is the step that saves money.

Live rates to Morocco

Cash pickup or bank deposit?

• Cash pickup: the most established option in Morocco and the easiest when the recipient has no bank account. The recipient collects at an agent with their national ID card and the transfer reference. It is often ready within minutes.
• Bank deposit: convenient for regular transfers because it saves the recipient a trip. It typically takes from a few hours to a couple of business days.
• Mobile wallets: still emerging in Morocco, so most providers focus on cash and bank payouts.

What you need from your recipient

• For cash pickup: their full name exactly as it appears on their national ID card. They will need the ID and the transfer reference to collect.
• For a bank deposit: their full name as on the account, the bank name and their RIB, the 24-digit Moroccan bank account identifier.
• A phone number, which some providers ask for so they can notify the recipient.

Why the provider matters more than the day

Because the dirham is managed against a basket of the euro and the US dollar, the mid-market rate usually moves only a little from week to week. The gap between providers, on the other hand, can be several times larger than a typical weekly rate move. So rather than waiting for a better day, compare providers on the same amount and pick the one that delivers the most dirhams.

Sending from Australia, Canada, the UK or the US

Fewer providers serve Morocco from some markets than from Europe, so the best option can differ a lot depending on where you send from. Each page below shows every provider we track for that route:

• Send EUR to Morocco (MAD)
• Send USD to Morocco (MAD)
• Send GBP to Morocco (MAD)
• Send CAD to Morocco (MAD)
• Send AUD to Morocco (MAD)

See the best provider from every sending country on the Morocco page, or check the mid-market rate with the EUR to MAD converter.

How to send money to Morocco for the least

• Compare the MAD received, not the fee on the banner.
• Compare the same payout method: cash pickup against cash pickup, bank against bank.
• Pay from your bank account where possible; cards can cost more.
• Double-check the name against your recipient's ID or bank account before you send.

RemitBeat compares live rates across the major providers every hour, benchmarks each quote against the mid-market rate, and ranks them by how many dirhams actually arrive. Comparing is free; we may earn a disclosed referral commission when you choose a provider, and you pay the same as going direct.