Send money from Europe to Morocco (EUR to MAD)
Compare today's live EUR → MAD exchange rates and fees across every major provider. We show the hidden markup baked into each quote, so you can find the cheapest way to send money from Europe to Morocco — to a bank account or cash pickup (Wafacash and other networks).
Quick answer: the cheapest way to send EUR to MAD (Morocco) right now is Western Union, about 10.56 MAD per €1, plus a €0.99 fee, ranked by how much actually arrives in MAD, not by the headline fee.
Mid-market rate: 10.7354 MAD per 1 EUR· updated Aug 5, 2026, 9:00 AM UTC
EUR to MAD comparison — sending €500
Ranked by how much actually arrives, grouped by how your recipient gets paid. Bank is how most people receive money in Morocco.
The best-value way to send money to Morocco right now is Western Union: send €500 and your recipient gets 5,268.91 MAD — an effective 10.56 MAD per €1 (after a €0.99 fee). Updated Aug 5, 2026, 9:00 AM UTC.
Bank payouts
Most used in MoroccoDirect deposit to a bank account in Morocco.
Mobile money payouts
Pay out to mobile wallets in Morocco, usually within minutes.
Rates are indicative and last updated Aug 5, 2026, 9:00 AM UTC. Fees assume the cheapest standard bank funding; some providers add a small pay-in fee that varies by how you pay. First-transfer bonuses apply to new customers' first send only. Always verify the final exchange rate on the provider's payment page before making a transfer. See our methodology and advertiser disclosure.
Sending money from Europe to Morocco
In Morocco, cash pickup through networks like Wafacash and Cash Plus is the most established way to receive money, with bank deposits to dirham (MAD) accounts also widely supported and mobile wallets still emerging.
The dirham is a managed currency, so mid-market rates move in a narrow band. Provider fees and markups, not rate swings, make most of the difference on this route.
When you send Euro (EUR) to Morocco, most of the cost is the exchange-rate markup baked into the rate, not the upfront fee. RemitBeat compares the live EUR → MAD rate across Wise, Remitly, Sendwave, WorldRemit, Western Union and more, benchmarks each against the mid-market rate, and ranks them by the amount that actually arrives in MAD — so you can see the genuinely cheapest option rather than the one with the flashiest headline fee.
Sending money EUR to MAD — your questions
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Compare more money-transfer corridors
Live exchange-rate and fee comparisons across Wise, Remitly, Sendwave, WorldRemit and more — pick your route below to find the cheapest way to send money home.