Money Transfer to Morocco

Xendpay
FCA Regualted: FCA Regulated
Margin Rate: 1%
100,000 gets you: 1,233,986 MAD
ClearFX
FCA Regualted: FCA Regulated
Margin Rate: 1%
100,000 gets you: 1,233,986 MAD
Moneycorp
FCA Regualted: FCA Regulated
Margin Rate: 1%
100,000 gets you: 1,233,986 MAD
Virgin Money
FCA Regualted: Not FCA Regulated
Margin Rate: 5%
100,000 gets you: 1,184,128 MAD
RBS Bank
FCA Regualted: FCA Regulated
Margin Rate: 5%
100,000 gets you: 1,184,128 MAD

Businesses always need capital
New businesses always need quite a lot of capital as they are being set up and being able to send money to Morocco quickly and easily means that you can pay for anything as and when it is needed. Transferring money to someone in Morocco is now incredibly fast and if you use an online exchange broker this can be done in a matter of minutes.

You may need to pay for premises
All businesses need premises and you may need to arrange a money transfer to Morocco in order to pay for a building for your business or alterations. Once again this is no problem when you set up a currency transfer as you can simply send the money that you need, when you need it. You don't even have to have a Moroccan bank account to be able to do this.

Get used to using a new currency
Another advantage when you transfer money to Morocco using an online method is that you can get used to using another currency. By checking the currency rate Morocco money is currently being exchanged for you can get a feel of its relative worth compared to your currency. The currency used in Morocco is the Moroccan dirham and like every other currency in the world its exchange rate can go up or down. When you send your money to Morocco you can check what the most recent currency rate is at the same time.