Help & Advice

Sending Money to Morocco

If you need to make payments to Morocco, Currency Index can save you time and money.

Call our experienced dealing team on 0800 043 2623 (+44 1923 777 562 from abroad) to discuss your money transfer to Morocco, or click here to open a trading facility without any cost or obligation.

Sending money to Moroccan bank accounts via a ‘Swift’ transfer usually takes no more than 24 hours from the UK.

To make a transfer to Morocco, you will need the following information:

Account Number
BIC or SWIFT Code (Optional)
Name of Beneficiary (and address if you have it)
Name of Bank (and address if you have it)
Any other routing instructions (eg, send via a particular routing bank)

Should you reqire details recognising the BIC (Bank Identifier Code) or SWIFT code, it is made up of 8 or 11 characters and should mirror the following format;

Morocco BIC or SWIFT code Format: BBBBCCLL or BBBBCCLLDDD

B = Bank Code (Only Letters)
C = Country Code 'MO' (Only Letters)
L = Location Code (Letters & Digits)
D = Branch Code Optional ('XXX' for Head Office - Letters & Digits)

Moroccan Bank Charges

Moroccan Bank charges for incoming international transfers range from zero to around $50, depending on the receiving and routing banks. Currency Index Ltd has no control of these charges.

Moroccan Dirham Exchange Rates

Currency Index Ltd can supply the very best Dirham Exchange Rates, from buying apartments in Casablanca to penthouses in Rabat

To access our live exchange rates, you will need to open an account, for which there is no cost or obligation. Our friendly, experienced staff will guide you through every step of the process, with one point of contact from start to finish.

Our exchange rates are based on the interbank level – the mid-market price at which banks buy and sell from each other. Currency Index Ltd will offer currency rates for your money transfer based on this rate, along with the volume you are trading, and prevailing market conditions.