Send money from France to Morocco
See today's live rates — and exactly what your recipient receives, after every fee.
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Today's best rates to Morocco
As of 30 July 2026, sending £1,000 to Morocco, your recipient gets the most with TransferGo: 10,555.98 MAD, the best of 4 providers compared.
| Provider | Rate | Fee | Recipient gets | Speed | |
|---|---|---|---|---|---|
TransferGo | 10.556 1.92% worse | £0 | 10,555.98 MAD | 1–2 days | Send |
10.735 0.26% worse | £24.16 | 10,475.45 MAD | Within 2 days | Send | |
10.364 3.71% worse | £0 | 10,364.20 MAD | 1–2 days | Send | |
10.177 5.44% worse | £3.99 | 10,136.66 MAD | Minutes to days | Send |
When you send money home to Morocco, the cheapest route is almost always a specialist money-transfer app or company rather than your bank. The cost that matters most is hidden in the exchange rate: a bank typically keeps 2% to 5% in the rate, on top of any fee — so always judge a provider by the amount that actually arrives, not by a "no fee" claim. And Morocco uses the IBAN, so paying into a Moroccan account is straightforward.
France is home to the world's largest Moroccan diaspora — around 853,000 first-generation immigrants born in Morocco lived in France as of 2023 (INSEE basis), and the wider population of Moroccan origin, counting French-born children and grandchildren, is estimated at about 2.2 million.
They are concentrated in Île-de-France (the Paris region), around Marseille in Provence-Alpes-Côte d'Azur and in the Lyon area, with strong, lasting ties to home: surveys find 93% of Moroccan migrants aged 18–59 stay in regular contact with Morocco.
That makes the euro-to-dirham route one of the busiest remittance corridors anywhere — France alone accounted for 32.2% of all remittances received by Morocco in 2022 — and on most amounts the exchange-rate margin matters far more than any headline fee: a 0.5% difference in the rate on €1,000 is roughly €5 of dirhams, usually more than the fee gap between providers.
Because you are sending euros, the cheapest options here are the providers that genuinely serve French senders — Wise, Western Union and TransferGo — not the UK-only banks and brokers.
Sending from France: what you need
Sending from France is quick once you know how your recipient wants the dirhams — into a Moroccan bank account or as a cash pickup — and how to fund the transfer in euros. The first transfer takes a few minutes to set up; later ones are near-instant.
Compare on the dirhams that actually arrive
Use the live comparison above. It shows only providers that serve French (euro) senders, ranked by how many dirhams land in Morocco after both the exchange-rate margin and any fee — the only figure that matters.
Get your recipient's RIB and bank, or a cash-pickup network
For a bank deposit you need the recipient's full name and their Moroccan account details — the RIB, the 28-character IBAN that starts with "MA".
If your recipient does not use a bank, send for cash pickup instead: they collect the dirhams at a branch of a network such as Cash Plus, Wafacash or Barid Cash using a valid national ID (CIN) and the transfer reference. Confirm which they want before you start.
Verify your identity once
A France-resident sender verifies identity on first use to meet anti-money-laundering (KYC) rules — typically a passport, French national identity card (CNI) or residence permit (titre de séjour), plus proof of address for larger amounts. It takes a few minutes and is a one-off.
Fund the transfer in euros and send
Pay from your French bank account by SEPA transfer (free, clears in about a day) or by debit card (usually instant). Avoid a credit card — most issuers treat a money transfer as a cash advance and add a fee plus interest from day one.
Cash pickups and mobile-wallet payouts can arrive in minutes; you will get a confirmation by email or app.
Funding the transfer from France by SEPA bank transfer is free and usually clears within one working day; a French debit card is normally quick too. Avoid a credit card — most issuers treat a money transfer as a cash advance and add a fee plus interest from day one.
There is no French tax simply for sending ordinary family support abroad.
France does tax large gifts, but generous tax-free allowances apply (for example each parent can gift up to €100,000 to each child, resetting every 15 years), so routine support to family in Morocco is not a tax event — though a very large one-off gift can be reportable to the French tax authorities.
How the money reaches Morocco
What account details you need
Morocco does use an IBAN, but you may never have to type one. A Moroccan IBAN is exactly 28 characters: the country code MA, two check digits, then the recipient's full 24-digit RIB.
So the IBAN is just the RIB with a four-character international header bolted on the front.
In everyday life Moroccans quote the 24-digit RIB; a transfer provider (Wise, Remitly and the rest) turns it into the IBAN for the international leg, and the receiving bank's SWIFT/BIC may also be used behind the scenes.
The 24-digit RIB itself breaks into a bank code, a branch code, the account number and a 2-digit RIB key at the end that acts as a built-in checksum.
How the money is delivered
Once your pounds are converted, the money is delivered locally inside Morocco. You don't choose the network — the provider does — but here is what is used.
Ways your recipient can receive it
Most providers can pay into a bank account: the 24-digit RIB / 28-character Moroccan IBAN at any Moroccan bank (Attijariwafa Bank, Banque Centrale Populaire, Bank of Africa/BMCE, CIH Bank, Crédit du Maroc) - or a convertible-dirham MRE account for Moroccans abroad, mobile wallet: a Bank Al-Maghrib-licensed operator wallet such as Orange Money (launched 2020) or inwi money or cash pickup: collected with a national ID card at a Wafacash agent (3,000+ outlets, part of Attijariwafa Bank), Cash Plus, or Barid Cash / Al Barid Bank post-office counters. The right choice is usually whichever is cheapest and fastest for your recipient. Cash pickup is the fallback where a bank account or wallet isn't available.
What you actually pay to send money to Morocco
The dirham does not float freely, so you will not see the wild day-to-day swings of a free-market currency. That makes the provider's hidden spread - not the market - the main thing standing between you and a good deal.
The exchange-rate mark-up
The big one. Banks and some apps quote a rate a little worse than the real mid-market rate and keep the difference — often 2% to 5%. Because it is a slice of the whole amount, it usually dwarfs any upfront fee.
Correspondent-bank fees
An ordinary bank wire can pass through one or two intermediary banks, each able to take a small cut before the money arrives. Specialists using local payment networks usually avoid this entirely.
"No fee" hiding a poor rate
A headline "zero fee" means little if the rate is weak. Judge an offer by the money that actually arrives, not by whether a fee is shown — the comparison above ranks providers exactly that way.
A managed currency hides the cost in the spread
The dirham is not free-floating. Bank Al-Maghrib holds it against a basket of roughly 60% euro and 40% US dollar inside a narrow band, so the mid-market rate barely moves week to week.
The catch: with the market so steady, almost all the difference between a cheap transfer and an expensive one is the margin your provider adds to the rate. Judge them on the dirham delivered, not the headline.
RIB and IBAN are the same details, written two ways
RIB and IBAN are the same details, written two ways
The thing that confuses people sending to Morocco is the account number. Moroccans almost always quote a 24-digit RIB (releve d'identite bancaire, literally 'statement of banking identity') - their full account number.
That RIB packs four parts into one string: a bank code, a branch code, the account number, and a 2-digit RIB key at the very end that works as a checksum. A Moroccan IBAN is simply that exact 24-digit RIB wrapped with the country code MA and two check digits, making 28 characters in total.
They are not two different accounts - the IBAN is just the RIB with a short international header. If a form asks for an IBAN and your recipient only gave you a 24-digit RIB, you already have the right number - Wise, Remitly and the rest build the IBAN from it for you.
Make sure you copy every digit of the RIB exactly, including its 2-digit RIB key at the end, because one wrong digit usually fails the checksum (or, worse, lands in a stranger's account).
How to avoid fraud when sending money to Morocco
On any large transfer the biggest risk is rarely the exchange rate — it is criminals getting between you and the money. These simple rules are worth knowing before you send.
Fake cash-pickup reference scam
Rule: never share the transfer reference (the MTCN on a Western Union/Wafacash transfer, or the pickup code on any cash transfer) with anyone who contacts you out of the blue. Whoever holds that code plus a national ID card can walk into a Wafacash, Cash Plus or Barid Cash agent and collect the cash, so only ever pass it to the person you are actually sending to - and only after you have confirmed by a call or message you initiated.
"Send a fee to release your money" scam (advance-fee fraud)
Rule: no Moroccan bank, no Wafacash/Cash Plus/Barid Cash agent and no operator charges your recipient an upfront fee to release an incoming transfer - the payout is automatic. Anyone in Morocco asking your family to pay 'customs', a 'release fee' or a 'tax' to free money that is on its way is a fraudster; a genuine inbound family remittance is tax-free on arrival.
Wrong-RIB / fake-refund scam
Rule: if you ever need to send money back, make a fresh transfer yourself to a 24-digit RIB you have confirmed in writing. Never use a 'refund' link, a reversal button or a payment request the other person sends you - and double-check the RIB key (the last 2 digits) before you send, because a transfer to the wrong account is very hard to claw back.
Better-rate WhatsApp / 'change' scam
Rule: ignore offers on WhatsApp, Facebook or Instagram promising a far better dirham rate if you hand cash to an individual or an unlicensed 'changeur'. The dirham is a managed currency and the legitimate rate sits in a narrow band, so a rate that looks too good is bait. Use a Bank Al-Maghrib-regulated provider so the money is traceable, refundable and protected.
If you are a victim of fraud, in the UK, report it to Action Fraud at actionfraud.police.uk or call 0300 123 2040; in Morocco, your recipient can raise a complaint with Bank Al-Maghrib's consumer protection service.
Is money sent to Morocco taxed?
What the rules say
an ordinary family remittance sent home to Morocco is tax-free for the person receiving it - Morocco taxes income earned in-country, not money your family abroad sends to support you, and MRE (Marocains Résidant à l'Étranger) transfers run near 8% of Morocco's GDP precisely because they flow in cleanly.
This is general information, not tax advice; for anything large or unusual (buying property, an inheritance, a business stake) the recipient should take advice from a qualified Moroccan adviser, and money moved through a convertible-dirham MRE account funded in foreign currency can be repatriated abroad later without Office des Changes authorisation
Keep your paperwork
On a large transfer the UK firm must run a source-of-funds check — that is a compliance step, not a tax. Keep evidence of where the money came from (a sale statement, pension or investment paperwork, or bank statements) and a big transfer moves through far more smoothly.
When is the best time to send money to Morocco?
For a one-off transfer the rate on the day is what counts — and it moves constantly. The aim is less about guessing the perfect moment and more about removing risk on payments you already know are coming. As a guide, once the money is sent minutes for cash pickup at a Wafacash, Cash Plus or Barid Cash agent and for most wallet top-ups (Orange Money, inwi money); usually same day to one working day for a bank deposit landing in the recipient's RIB at a Moroccan bank; the slow part is normally the sending-side checks before the money leaves the UK.
Demand is intensely seasonal. It peaks in July and August, when the diaspora returns home on holiday and money floods in, and again around Ramadan and Eid al-Adha, when families buy a sheep for the feast.
Operators know those windows and can quietly widen their margin into them, so send a little ahead rather than in the rush.
The dirham itself is steadier than a free-floating currency - Bank Al-Maghrib manages it against a basket of roughly 60% euro and 40% US dollar - so most of the cost swing you feel is the provider's spread, not the market.
Lock the rate for a known date. If a payment is weeks away, many specialists let you fix today's rate now (a forward contract), so a sudden market move can't blow a hole in your budget before the money is due.
Set a target with a rate alert. For flexible transfers, you can set the rate you want and be notified (or trade automatically) when the market reaches it — useful when you have time on your side and no fixed deadline.
The costliest mistakes when sending to Morocco
A handful of avoidable slips account for most of the money people lose. Each is easy to sidestep once you know to look.
Defaulting to your bank without comparing. The bank's rate mark-up usually costs far more than any fee, and it is easy to miss because it is built into the rate rather than shown separately.
Judging by the fee, not the amount delivered. A "no fee" offer can still be the worst deal if the rate is poor. Always compare on what actually arrives.
Mistyping the account number (IBAN). If the account details are wrong the transfer can bounce back after a delay, or reach the wrong account. Always check them against details your recipient sent in writing.
Trusting bank details that arrived by email. Payment-diversion fraud is a real risk — always confirm the receiving account by phone on a trusted number first.
Using an unregulated or cold-calling firm. Check the company on the FCA Register before you move any money, and never act on an out-of-the-blue offer.
Sending in the summer or Eid rush instead of ahead of it. Demand spikes in July and August and around Ramadan and Eid al-Adha, and providers can widen their margins into those crowded windows. If you know a big send is coming - holiday money, or cash for the Eid sheep - line it up a week or two early rather than at the peak, and you will usually keep more dirham in the family's hands.
Letting the sender's name not match the recipient's CIN. Moroccan payouts are checked against the recipient's CIN national ID card, especially for cash pickup at a Wafacash, Cash Plus or Barid Cash agent. If the name you enter does not match the name on their ID exactly - a missing surname, a different spelling, a nickname - the collection can be refused at the counter. Use the recipient's full legal name as it appears on their CIN.
How do most people send money to Morocco?
For most people sending money home, the simplest and cheapest route is a specialist money-transfer app or company paying straight into the recipient's bank account: the 24-digit RIB / 28-character Moroccan IBAN at any Moroccan bank (Attijariwafa Bank, Banque Centrale Populaire, Bank of Africa/BMCE, CIH Bank, Crédit du Maroc) - or a convertible-dirham MRE account for Moroccans abroad. Judge every provider by the amount that actually arrives — and confirm the receiving details before you send.
Frequently asked questions about sending money to Morocco
There is no euro exchange-control limit on personal transfers from France. Each provider sets its own per-transfer limit, so for a larger amount you may need to split it or use a provider with a higher ceiling.
On the French side, ordinary family support carries no cap — France only taxes large gifts above generous allowances (for example up to €100,000 per parent, per child, resetting every 15 years), and routine support falls well within that.
Morocco places no limit on personal family remittances received through a licensed operator.
Two main ways. Into a bank account — you send to the recipient's RIB (the Moroccan IBAN beginning "MA") and the dirhams are deposited directly.
Or as a cash pickup, which is very common for recipients without a bank account: they collect the dirhams at a network branch such as Cash Plus, Wafacash or Barid Cash using a valid ID (CIN) and the transfer reference.
Note that the dirham is a managed, partly-restricted currency — its export is prohibited and transfers are overseen by Morocco's Office des Changes — but personal family remittances are freely permitted and are paid out to your recipient in dirhams.
No, not for ordinary family support — money sent for living costs, education or healthcare is not taxed. France does have a gift tax with large tax-free allowances (for example €100,000 from each parent to each child, resetting every 15 years), so only a very large one-off gift could be reportable.
On the Moroccan side there is no tax on the recipient of a personal family remittance from abroad — the funds are treated as private support, not income. This is general information, not tax advice.
It depends on the payout method. Cash pickups and mobile-wallet transfers can be nearly instant or take just a few minutes.
A bank deposit can also be quick through a modern remittance service, but a traditional bank-to-bank SWIFT wire can take several working days. The slower part is usually the one-off identity check on the French side before your first transfer leaves.
It helps, but you may not need to type one. Morocco does use IBANs - a 28-character number starting MA - and it is built directly from the 24-digit RIB your recipient already has (MA + two check digits + the 24-digit RIB = 28 characters).
If they only give you the RIB, that is enough; Wise, Remitly and most providers turn it into the IBAN for you. For the international leg the bank's SWIFT/BIC may also be used behind the scenes.
A RIB (releve d'identite bancaire, 'statement of banking identity') is the 24-digit number that identifies a Moroccan bank account; it contains a bank code, a branch code, the account number and a 2-digit RIB key at the end that acts as a checksum.
The Moroccan IBAN is that same 24-digit RIB wrapped with the country code MA and two check digits, making 28 characters. They are not two separate accounts - the IBAN is just the formal international version of the RIB.
Almost always a specialist money-transfer company rather than your bank. Compare providers by the amount of dirham that actually arrives, counting both the exchange rate and any fee.
Banks usually keep 2% to 5% inside a poorer rate, so on a GBP 500 transfer at around MAD 12.4 to the pound that hidden spread can quietly cost MAD 120-250 - see the live comparison above to judge providers on the dirham actually delivered.
Cash pickup at a Wafacash, Cash Plus or Barid Cash agent and most mobile-wallet top-ups (Orange Money, inwi money) arrive in minutes.
A deposit straight to a Moroccan bank account (RIB or IBAN) at Attijariwafa Bank, Banque Populaire, Bank of Africa and the rest is usually same day to one working day. The slower part is normally the compliance checks on the UK sending side before the money leaves.
No. An ordinary family remittance is tax-free for the person receiving it in Morocco - the country taxes income earned in-country, not support sent home by relatives abroad, which is why MRE transfers run near 8% of Morocco's GDP.
This is general information, not tax advice - for anything large or unusual (property, inheritance, a business stake) your recipient should check with a qualified Moroccan adviser.
Yes. Cash pickup is very widely used in Morocco through networks such as Wafacash (more than 3,000 outlets, part of Attijariwafa Bank), Cash Plus and Barid Cash / Al Barid Bank, with thousands of counters between them.
Your recipient just needs their national ID card and the transfer reference - no bank account is required to collect cash.
Dirham.
The Moroccan dirham (MAD) is a managed currency, pegged by Bank Al-Maghrib to a basket that is 60% euro and 40% US dollar inside a +/-5% band, so a transfer is converted and paid out in dirham locally - to a bank account, a wallet or as cash. (Moroccans abroad can also hold a convertible-dirham MRE account whose balance stays repatriable.) Compare providers on the dirham actually delivered, not on the headline rate.
Our sources & how we keep this current
Last updated: June 2026. The live rates above refresh automatically, and we review the rest of this guide every month — updating it whenever the rules on payments, tax or regulation change.