What are your options if you want to send money to friends or family in Morocco? Be aware that banks can charge you a lot of money to send money overseas, and transfers may take several days. Compare your money transfer options to find the best way to send money to Morocco without paying high fees or losing out on a bad exchange rate.
TorFX International Money Transfers
Send money overseas in 30+ currencies with competitive rates for transfer amounts over $2,000.
Sending money to Morocco isn’t a difficult or complicated process. Most money transfer companies follow the same steps so you can get dirhams to your recipient as quickly as possible.
Choose a provider from the comparison table below.
Click “Go to Site” and create an account with the provider.
Start a transaction and fill in your recipient’s information.
Select the amount you want to transfer.
Pay for your transaction and save your tracking number.
Compare money transfer services to Morocco
The “Rate” and “Amount Received” displayed are indicative rates that have been supplied by each brand or gathered by Finder.
Exchange rates are volatile and change often. As a result, the exchange rate listed on Finder may vary to the actual exchange rate quoted for the brand. Please confirm the actual exchange rate and mention “Finder” before you commit to a brand.
Options for sending money to Morocco from New Zealand
Bank transfers. Bank-to-bank transfers can be expensive, but they are a safe and secure option.
Online money transfer providers. Online money transfer companies tend to have lower fees and faster delivery times than banks.
Money transfer companies with cash pick-up options. Western Union is one company that offers cash pick-up for your recipient.
PayPal. PayPal allows you to send international money transfers almost anywhere in the world.
Cheques. International cheques are a slow but reliable transfer method.
Sam sends money to Morocco
Sam is spending two years in New Zealand for work. He has a wife and child in Morocco, so he wants to send them $1,000 transfers regularly to help them meet their ongoing expenses. Having discovered that there are far cheaper options available than sending a transfer via his bank, he compares two money transfer providers to see which one offers the most affordable service.
Money transfer company 1
Money transfer company 2
1 NZD = 6.48 MAD
1 NZD = 6.52 MAD
Bank account deposit
Bank account deposit
Same or next working day
1 business day
Amount received (in MAD)
As you can see, the second money transfer company provides a lower transaction fee and allows Sam to send an extra 40 MAD from the same amount of New Zealand dollars.
Banks versus money transfer companies
Banks are generally considered a secure, easy way to send money to another country. However, with the increase of money transfer companies, you have more options if you’re looking to send money to Morocco. There aren’t many options yet, but those that are available may offer better exchange rates and lower fees than banks, getting your recipient more money while costing you less.
Foreign exchange rates explained
The exchange rate between NZD and MAD determines how many dirhams you can send to Morocco per dollar. Because the New Zealand is strong against the Moroccan dirham, you can expect to get quite a few dirhams for every dollar you transfer. This rate fluctuates daily based on a number of factors, including inflation, global economic stability and interest rates.
You may be able to find a transfer company that can send money quickly to Morocco, but be warned: this process is usually much more costly, and you’ll generally be offered a much lower exchange rate than market value. If your recipient can wait a day or two, you’ll both benefit by being able to take advantage of better rates and lower fees.
Tips for picking up cash in Morocco
The Ministry of Foreign Affairs and Trade’s Safe Travel website warns New Zealanders living and travelling in Morocco to exercise caution due to threats of terrorism, civil unrest and high crime rates.
If you’re picking up cash from a transfer agent in Morocco, follow a few simple safety precautions to prevent yourself becoming a target for thieves:
Avoid any high-crime areas and be aware of your personal safety at all times.
Secure your wallet and/or bag at all times.
Don’t advertise the fact that you have a just picked up a big wad of cash to anyone.
Consider asking a friend to accompany you when you pick up the cash.
Deposit large amounts into your bank account – don’t carry them around the street.
Adrienne Fuller is the head of publishing at Finder. With a decade of experience creating guides in finance and education, she aims to deliver the accurate and transparent information she wishes she had when she made some of life's important financial decisions. For the past 3 years she has been the publisher of money transfers, helping readers save when they send money all over the globe. She has a BA from Colorado College and loves to hike with her two Catahoula dogs around her home in San Diego.
How likely would you be to recommend finder to a friend or colleague?
Very UnlikelyExtremely Likely
Thank you for your feedback.
Our goal is to create the best possible product, and your thoughts, ideas and suggestions play a major role in helping us identify opportunities to improve.
finder.com is an independent comparison platform and information service that aims to provide you with the tools you need to make better decisions. While we are independent, the offers that appear on this site are from companies from which finder.com receives compensation. We may receive compensation from our partners for placement of their products or services. We may also receive compensation if you click on certain links posted on our site. While compensation arrangements may affect the order, position or placement of product information, it doesn't influence our assessment of those products. Please don't interpret the order in which products appear on our Site as any endorsement or recommendation from us. finder.com compares a wide range of products, providers and services but we don't provide information on all available products, providers or services. Please appreciate that there may be other options available to you than the products, providers or services covered by our service.