.svg)
Overall best choice: Wise
We tested & reviewed dozens of money transfer providers, and Wise scored highly.
Wise appeared in 89.2% of Spain to Morocco searches, and was the top rated company out of 7 that support EUR to MAD.
So for a great mix of cost, speed & features, make your Spain to Morocco transfer using Wise.
How to get the best deal on your Spain to Morocco transfer
- Always compare rates
Don't pay more than you have to. Use our live comparison tool to make sure you aren't missing the best rates to send money from Spain to Morocco.
- Choose a provider
Select the provider that offers you the best value & service for your needs
- Click, sign up & send
Follow the steps & make your transfer. Your funds will soon be on their way to your chosen country & currency.
Summary of recent searches
Important things to consider before sending money from Spain to Morocco
Don't settle for the first option. Always compare ways to send money from Spain to Morocco to find out about fees, speed, and reliability.
Our analysis included 7 providers that operate between Spain and Morocco.
Through this, you get a comprehensive view of all the options you have in Spain when you need to send money to Morocco.
Cheapest way to send money to Morocco from Spain: XE
Data collected over the past six months shows that XE is 0.7% cheaper than the second-best option.
The €0.9 transfer cost represents the most common fee for EUR to MAD international transfers, based on data from the past six months.
If you want to secure the best rates on a EUR to Morocco transfer, make sure you pick XE to send your money online.
*The most common fee applied to EUR-MAD by XE, based on data from the past six months.
Fastest way to send money from Spain to Morocco: TransferGo
Our data shows that TransferGo came up as the fastest way to send money from Spain to Morocco in 59.6% of searches. This makes them well suited to urgent EUR to MAD money transfers.
The 'fastest' way to send money is defined by the overall speed of sending money from Spain to Morocco - this includes deposit, transfer and withdrawal timeframes and often differs per currency.
When speed matters, TransferGo is your best choice at the moment. This service emerged as the quickest way to send money to Morocco from Spain in 59.6% of the searches on MoneyTransfers.com over the past six months.
Need to send over $10,000?
Opt for a service proven with large transfers when size matters. For transfers over $10,000, your best bet is Wise.
While Wise may not always be the cheapest or fastest way to send EUR from Spain to Morocco, it’s the provider that will keep you safe and relaxed while your money moves into MAD.
Understanding the costs involved when moving money from Spain to Morocco
When calculating the costs of money transfers between Spain and Morocco, here's what really matters:
The Mid-Market Rate: Today, the EUR-MAD mid-market rate equals to 10.889166 MAD per Euro.
The EUR-MAD average exchange rate for the past three months has been 10.9309 MAD per Euro, with a high of 59.8468 and a low of 10.6947.
When looking to send money, we'd recommend Wise. On average Wise is 0% away from the average mid-market rate. Fees may be added on top, but they're still the cheapest provider on average from EUR to MAD.
How to find the best exchange rate for Euro to Moroccan Dirham
Timing is essential for sending money between EUR and MAD. The exchange rate you secure impacts how much MAD you get for your EUR.
Let's dive into some interesting recent trends.
Over the past six months, the exchange rate from EUR to MAD has seen some fluctuation. On average, it stood at 10.9309.
During this period, the highest value recorded was 59.8468, while the lowest was 10.6947.
Wise, which is our recommended service to send money online from Spain to Morocco offers an exchange rate that is only 0% above the mid-market rate.
Want to secure the best EUR-Moroccan Dirham exchange rates?
Sign up for our rate alerts and we'll tell you when it's the best time to move your money from Spain to Morocco!
Payment methods available to fund your Spain to Morocco transfer
Bank transfers
Bank transfers are often the default option for sending money from Spain to Morocco.
By using a money transfer company such as XE for transfers from Spain to Morocco, you can send money via a bank transfer while benefitting from lower fees and more favorable exchange rates.
On average, XE is the cheapest provider for bank transfers from the 7 we tested when sending EUR to Morocco.
With an average fee of EUR0.9 to send money from Spain to Morocco, XE offers a great combination of competitive exchange rates and lower fees.
Debit and prepaid cards
Sending money from Spain to Morocco with a debit or a prepaid card is very simple with Wise.
Wise is a leader in debit card payments for transfers from Spain to Morocco, competing among a total of 7 active money transfer companies on this route.
Credit cards
When it comes to credit card transfers from Spain to Morocco, Wise emerges as our top choice of the 7 companies offering this service.
Fee alert: using a credit card to transfer money often results in a fee being charged by your card issuer. That's why we recommend bank transfer or debit card instead.
How we analyze the market
We track the cost, speed, and product offerings of the leading money transfer services available between Morocco and Spain.
Our comparison engine and algorithms evaluate providers based on over 25 factors, including transfer fees, ease of use, exchange rates, mobile apps, transfer times & customer support.
We also consider how these services are rated on platforms like TrustPilot, AppStore, and Google Play, giving you a comprehensive view of what to expect.
This thorough analysis helps you get the best available deal - every time you want to move money from Spain to Morocco.
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send EUR to MAD.
For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy document.
Money transfer company reviews
