How to send money to Morocco from Australia with the best AUD-MAD rate

Of the 9 companies we analysed, Western Union is the cheapest app overall for sending A$2,000 to Morocco.

On a 2,000 AUD transfer it will get your recipient 13,818.97 MAD.

Best companies for AUD/MAD transfers

9 of 9 providers

Last updated on 28 October 2026

Based on 2,000 AUD transfer

Best companies for AUD/MAD transfers

Sort Cheapest
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Wise

Pay via Bank Transfer
Fees: $43.47 1 AUD = 6.9374 MAD +0.03% vs mid-market Recipient gets MAD 13,573.27 Same day
Receive to bank accountDedicated support for large transfers

Ways to receive money in Morocco with Wise when paying by bank transfer.

MethodFee & ratesRecipient gets
Bank depositSame dayAvailable via:Bank Transfer
$43.471 AUD = 6.9374 MAD
MAD 13,573.27You pay$2,000.00
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Xe

Pay via Debit Card
Fees: $0.00 1 AUD = 6.8603 MAD +1.14% vs mid-market Recipient gets MAD 13,720.66 6-12 Hours
Receive to bank accountDedicated support for larger transactions

Ways to receive money in Morocco with Xe when paying by debit card.

MethodFee & ratesRecipient gets
Bank deposit6-12 Hours
Free1 AUD = 6.8603 MAD
MAD 13,720.66You pay$2,000.00

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Western Union

Pay via Debit Card
Fees: $0.00 1 AUD = 6.9095 MAD +0.43% vs mid-market Recipient gets MAD 13,818.97 Next Day
Cheapest
Receive to bank account or cash pickup

Ways to receive money in Morocco with Western Union when paying by debit card.

MethodFee & ratesRecipient gets
Bank depositNext Day
Free1 AUD = 6.9095 MAD
MAD 13,818.97You pay$2,000.00

Western Union

Pay via Bank Transfer
Fees: $0.00 1 AUD = 6.9095 MAD +0.43% vs mid-market Recipient gets MAD 13,818.97 Next Day
Receive to bank account or cash pickup

Ways to receive money in Morocco with Western Union when paying by bank transfer.

MethodFee & ratesRecipient gets
Bank depositNext Day
Free1 AUD = 6.9095 MAD
MAD 13,818.97You pay$2,000.00

OFX

Pay via Bank Transfer
Fees: $0.00 1 AUD = 6.8941 MAD +0.65% vs mid-market Recipient gets MAD 13,788.27 6-12 Hours
Receive to bank account

Ways to receive money in Morocco with OFX when paying by bank transfer.

MethodFee & ratesRecipient gets
Bank deposit6-12 Hours
Free1 AUD = 6.8941 MAD
MAD 13,788.27You pay$2,000.00

TapTap Send

Pay via Debit Card
Fees: $0.00 1 AUD = 6.8900 MAD +0.71% vs mid-market Recipient gets MAD 13,780.00 Minutes
Fastest
Receive to bank account

Ways to receive money in Morocco with TapTap Send when paying by debit card.

MethodFee & ratesRecipient gets
Bank depositMinutes
Free1 AUD = 6.8900 MAD
MAD 13,780.00You pay$2,000.00
Mobile moneyMinutesAvailable via:DamaneCash, Orange
Free1 AUD = 6.8900 MAD
MAD 13,780.00You pay$2,000.00
Cash pickupMinutesAvailable via:Al Barid Bank, Barid Cash, Cash Plus, Wafacash
$1.991 AUD = 6.8900 MAD
MAD 13,780.00You pay$2,001.99
Mobile walletMinutesAvailable via:LanaCash
$1.991 AUD = 6.8900 MAD
MAD 13,780.00You pay$2,001.99

Remitly

Pay via Debit Card
Fees: $0.00 1 AUD = 6.8812 MAD +0.84% vs mid-market Recipient gets MAD 13,762.40 Within minutes
Receive to bank account or cash pickup

Ways to receive money in Morocco with Remitly when paying by debit card.

MethodFee & ratesRecipient gets
Bank depositWithin minutes
Free1 AUD = 6.8812 MAD
MAD 13,762.40You pay$2,000.00

Remitly

Pay via Credit Card
Fees: $0.00 1 AUD = 6.8812 MAD +0.84% vs mid-market Recipient gets MAD 13,762.40 Within minutes
Receive to bank account or cash pickup

Ways to receive money in Morocco with Remitly when paying by credit card.

MethodFee & ratesRecipient gets
Bank depositWithin minutes
Free1 AUD = 6.8812 MAD
MAD 13,762.40You pay$2,000.00

Remitly

Pay via PayTo
Fees: $0.00 1 AUD = 6.8812 MAD +0.84% vs mid-market Recipient gets MAD 13,762.40 Within minutes
Receive to bank account or cash pickup

Ways to receive money in Morocco with Remitly when paying by payto.

MethodFee & ratesRecipient gets
Bank depositWithin minutes
Free1 AUD = 6.8812 MAD
MAD 13,762.40You pay$2,000.00

Xe

Pay via Debit Card
Fees: $0.00 1 AUD = 6.8603 MAD +1.14% vs mid-market Recipient gets MAD 13,720.66 6-12 Hours
Receive to bank accountDedicated support for larger transactions

Ways to receive money in Morocco with Xe when paying by debit card.

MethodFee & ratesRecipient gets
Bank deposit6-12 Hours
Free1 AUD = 6.8603 MAD
MAD 13,720.66You pay$2,000.00

Xe

Pay via Bank Transfer
Fees: $0.00 1 AUD = 6.8603 MAD +1.14% vs mid-market Recipient gets MAD 13,720.66 6-12 Hours
Receive to bank accountDedicated support for larger transactions

Ways to receive money in Morocco with Xe when paying by bank transfer.

MethodFee & ratesRecipient gets
Bank deposit6-12 Hours
Free1 AUD = 6.8603 MAD
MAD 13,720.66You pay$2,000.00

Xe

Pay via Credit Card
Fees: $0.00 1 AUD = 6.8603 MAD +1.14% vs mid-market Recipient gets MAD 13,720.66 6-12 Hours
Receive to bank accountDedicated support for larger transactions

Ways to receive money in Morocco with Xe when paying by credit card.

MethodFee & ratesRecipient gets
Bank deposit6-12 Hours
Free1 AUD = 6.8603 MAD
MAD 13,720.66You pay$2,000.00
Pricing based on Revolut Standard plan

Revolut

Pay via Bank Transfer
Fees: $4.90 1 AUD = 6.8708 MAD +0.99% vs mid-market Recipient gets MAD 13,707.97 Same day
Receive to bank account

Ways to receive money in Morocco with Revolut when paying by bank transfer.

MethodFee & ratesRecipient gets
Bank depositSame day
$4.901 AUD = 6.8708 MAD
MAD 13,707.97You pay$2,000.00

US Disclaimer: Revolut is not a bank. Banking services are provided by Lead Bank, Member FDIC. Fees may apply. See revolut.com/en-US/ for details.

$0 fee on first online transfers

MoneyGram

Pay via Debit Card
Fees: $2.99 1 AUD = 6.8227 MAD +1.69% vs mid-market Recipient gets MAD 13,645.40 6-12 Hours

Ways to receive money in Morocco with MoneyGram when paying by debit card.

MethodFee & ratesRecipient gets
Bank deposit6-12 HoursAvailable via:BMCE Bank, All Banks
$2.991 AUD = 6.8227 MAD
MAD 13,645.40You pay$2,002.99
Cash pickup6-12 Hours
$3.991 AUD = 6.8226 MAD
MAD 13,645.20You pay$2,003.99
$0 fee on first online transfers

MoneyGram

Pay via POLi
Fees: $2.99 1 AUD = 6.8227 MAD +1.69% vs mid-market Recipient gets MAD 13,645.40 6-12 Hours

Ways to receive money in Morocco with MoneyGram when paying by poli.

MethodFee & ratesRecipient gets
Bank deposit6-12 HoursAvailable via:All Banks, BMCE Bank
$2.991 AUD = 6.8227 MAD
MAD 13,645.40You pay$2,002.99
Cash pickup6-12 Hours
$3.991 AUD = 6.8226 MAD
MAD 13,645.20You pay$2,003.99
$0 fee on first online transfers

MoneyGram

Pay via Credit Card
Fees: $2.99 1 AUD = 6.8227 MAD +1.69% vs mid-market Recipient gets MAD 13,645.40 6-12 Hours

Ways to receive money in Morocco with MoneyGram when paying by credit card.

MethodFee & ratesRecipient gets
Bank deposit6-12 HoursAvailable via:BMCE Bank, All Banks
$2.991 AUD = 6.8227 MAD
MAD 13,645.40You pay$2,002.99
Cash pickup6-12 Hours
$3.991 AUD = 6.8226 MAD
MAD 13,645.20You pay$2,003.99

Moneycorp

Pay via Bank Transfer
Fees: $0.00 1 AUD = 6.8143 MAD +1.80% vs mid-market Recipient gets MAD 13,628.67 Next Day

Ways to receive money in Morocco with Moneycorp when paying by bank transfer.

MethodFee & ratesRecipient gets
Bank depositNext Day
Free1 AUD = 6.8143 MAD
MAD 13,628.67You pay$2,000.00

Wise

Pay via Bank Transfer
Fees: $43.47 1 AUD = 6.9374 MAD +0.03% vs mid-market Recipient gets MAD 13,573.27 Same day
Recommended
Receive to bank accountDedicated support for large transfers

Ways to receive money in Morocco with Wise when paying by bank transfer.

MethodFee & ratesRecipient gets
Bank depositSame dayAvailable via:Bank Transfer
$43.471 AUD = 6.9374 MAD
MAD 13,573.27You pay$2,000.00

Wise

Pay via Osko
Fees: $43.47 1 AUD = 6.9374 MAD +0.03% vs mid-market Recipient gets MAD 13,573.27 Same day
Receive to bank accountDedicated support for large transfers

Ways to receive money in Morocco with Wise when paying by osko.

MethodFee & ratesRecipient gets
Bank depositSame dayAvailable via:Bank Transfer
$43.471 AUD = 6.9374 MAD
MAD 13,573.27You pay$2,000.00

Wise

Pay via Debit Card
Fees: $48.83 1 AUD = 6.9374 MAD +0.03% vs mid-market Recipient gets MAD 13,536.09 Same day
Receive to bank accountDedicated support for large transfers

Ways to receive money in Morocco with Wise when paying by debit card.

MethodFee & ratesRecipient gets
Bank depositSame dayAvailable via:Bank Transfer
$48.831 AUD = 6.9374 MAD
MAD 13,536.09You pay$2,000.00

Wise

Pay via Credit Card
Fees: $61.90 1 AUD = 6.9374 MAD +0.03% vs mid-market Recipient gets MAD 13,445.41 Same day
Receive to bank accountDedicated support for large transfers

Ways to receive money in Morocco with Wise when paying by credit card.

MethodFee & ratesRecipient gets
Bank depositSame dayAvailable via:Bank Transfer
$61.901 AUD = 6.9374 MAD
MAD 13,445.41You pay$2,000.00
How Our Results Work
Mid-market rate: 1 AUD = 6.9392 MAD Updates every 60 minutes.

How to send money from Australia to Morocco

Pick a company

Start with the cheapest, which is Western Union at 13,818.97 MAD on A$2,000.

Western Union was the cheapest on 26 of the 30 days it quoted A$2,000 transfers to Morocco.

Funding is quick whoever you pick, so the choice comes down to the rate and how your recipient collects it.

Fund your transfer

You have 6 ways to pay, including debit card, bank transfer, credit card, payto, poli, and osko.

PayID and Osko move money to the company in seconds at no cost, and PayID shows you the account name before you confirm.

Watch your bank's daily limit on anything large.

Verify and send

First time round you'll need a photo ID, usually a licence or a passport.

A passport and visa are enough if you’re new (you don’t need an Australian credit history).

Compare amounts

How much AUD are you sending to Morocco?

How much AUD you send to Morocco heavily affects the best ways and the cheapest options. Use the table below to check how the cheapest options change and how much more you'd get by comparing.

Our analysis shows Western Union was the cheapest in 84% of the transfers up to A$2,000 it quoted, and in 86% of all the transfers it quoted.

Cheapest service
$1,000-0.01%$0.00MAD 6,942.20with debit card to bank deposit+MAD 117.95
$1,5000.27%$0.00MAD 10,384.96with debit card to bank deposit+MAD 136.57
$2,000This page0.43%$0.00MAD 13,818.97with debit card to bank deposit+MAD 131.80
$3,0000.44%$0.00MAD 20,728.46with debit card to bank deposit+MAD 202.05
$7,5000.41%$0.00MAD 51,821.15with debit card to bank deposit+MAD 516.69
$12,0000.25%$0.00MAD 83,049.15with bank transfer to bank deposit+MAD 943.30
$15,0000.25%$0.00MAD 103,804.05with bank transfer to bank deposit+MAD 1,165.32
$50,0000.20%$0.00MAD 346,393.77with bank transfer to bank deposit+MAD 3,430.27
$100,0000.20%$0.00MAD 692,393.64with bank transfer to bank deposit+MAD 7,167.02
$250,0000.15%$0.00MAD 1,731,851.32with bank transfer to bank deposit+MAD 18,626.85
$500,0000.15%$0.00MAD 3,463,258.81with bank transfer to bank deposit+MAD 29,332.33

Mid-market rate: 1 AUD = 6.9392 MAD

AUD/MAD Exchange Rate History

Is today a good time to send money from Australia to Morocco?

The cheapest way to send AUD to MAD can change every day, or stay with the same company all month.

We've compared the mid-market rate with the cheapest option each day (today it's Western Union), across 30 days of comparisons for 2,000 AUD transfers to Morocco.

MAD received for $2,000, after fees

Wed, 28 Oct 2026Mid-market rateMAD 13,878.48 Western Union MAD 13,818.97Western UnionMAD 13,818.97OFXMAD 13,788.27TapTap SendMAD 13,780.00

13,200
13,400
13,600
13,800
14,000
At the mid-market rateWith the cheapest optionWestern UnionOFXTapTap Send
Exchange rateFees:Recipient getsDifference
Mid-market rate 6.7306 – MAD 13,461.26
Western Union Cheapest 6.7470 $0.00 MAD 13,494.06 +MAD 32.80
OFX 6.6869 $0.00 MAD 13,373.76 −MAD 87.50
TapTap Send 6.6600 $0.00 MAD 13,320.00 −MAD 141.26
Exchange rateFees:Recipient getsDifference
Mid-market rate 6.7653 – MAD 13,530.55
Western Union Cheapest 6.7381 $0.00 MAD 13,476.29 −MAD 54.26
OFX 6.7213 $0.00 MAD 13,442.61 −MAD 87.94
TapTap Send 6.6800 $0.00 MAD 13,360.00 −MAD 170.55
Exchange rateFees:Recipient getsDifference
Mid-market rate 6.7595 – MAD 13,518.92
OFX Cheapest 6.7155 $0.00 MAD 13,431.05 −MAD 87.87
Western Union 6.7153 $0.00 MAD 13,430.53 −MAD 88.39
TapTap Send 6.6800 $0.00 MAD 13,360.00 −MAD 158.92
Exchange rateFees:Recipient getsDifference
Mid-market rate 6.8029 – MAD 13,605.86
OFX Cheapest 6.7587 $0.00 MAD 13,517.42 −MAD 88.44
Western Union 6.7480 $0.00 MAD 13,496.02 −MAD 109.84
TapTap Send 6.7100 $0.00 MAD 13,420.00 −MAD 185.86
Exchange rateFees:Recipient getsDifference
Mid-market rate 6.8885 – MAD 13,776.94
Western Union Cheapest 6.8877 $0.00 MAD 13,775.34 −MAD 1.60
OFX 6.8437 $0.00 MAD 13,687.39 −MAD 89.55
TapTap Send 6.7300 $0.00 MAD 13,460.00 −MAD 316.94
Exchange rateFees:Recipient getsDifference
Mid-market rate 6.8690 – MAD 13,738.00
Western Union Cheapest 6.8877 $0.00 MAD 13,775.34 +MAD 37.34
OFX 6.8244 $0.00 MAD 13,648.70 −MAD 89.30
TapTap Send 6.8000 $0.00 MAD 13,600.00 −MAD 138.00
Exchange rateFees:Recipient getsDifference
Mid-market rate 6.8908 – MAD 13,781.67
Western Union Cheapest 6.9036 $0.00 MAD 13,807.11 +MAD 25.44
OFX 6.8460 $0.00 MAD 13,692.09 −MAD 89.58
TapTap Send 6.8000 $0.00 MAD 13,600.00 −MAD 181.67
Exchange rateFees:Recipient getsDifference
Mid-market rate 6.9376 – MAD 13,875.21
Western Union Cheapest 6.9300 $0.00 MAD 13,859.92 −MAD 15.29
OFX 6.8925 $0.00 MAD 13,785.02 −MAD 90.19
TapTap Send 6.8700 $0.00 MAD 13,740.00 −MAD 135.21
Exchange rateFees:Recipient getsDifference
Mid-market rate 6.9466 – MAD 13,893.15
Western Union Cheapest 6.9435 $0.00 MAD 13,887.00 −MAD 6.15
OFX 6.9014 $0.00 MAD 13,802.84 −MAD 90.31
TapTap Send 6.9000 $0.00 MAD 13,800.00 −MAD 93.15
Exchange rateFees:Recipient getsDifference
Mid-market rate 6.9277 – MAD 13,855.44
Western Union Cheapest 6.9377 $0.00 MAD 13,875.42 +MAD 19.98
OFX 6.8827 $0.00 MAD 13,765.38 −MAD 90.06
TapTap Send 6.8800 $0.00 MAD 13,760.00 −MAD 95.44
Exchange rateFees:Recipient getsDifference
Mid-market rate 6.9366 – MAD 13,873.14
Western Union Cheapest 6.9026 $0.00 MAD 13,805.29 −MAD 67.85
OFX 6.8915 $0.00 MAD 13,782.96 −MAD 90.18
TapTap Send No quote collected this day – – – –
Exchange rateFees:Recipient getsDifference
Mid-market rate 6.8500 – MAD 13,700.04
Western Union Cheapest 6.8511 $0.00 MAD 13,702.16 +MAD 2.12
TapTap Send 6.8200 $0.00 MAD 13,640.00 −MAD 60.04
OFX 6.8055 $0.00 MAD 13,610.99 −MAD 89.05
Exchange rateFees:Recipient getsDifference
Mid-market rate 6.8500 – MAD 13,700.04
Western Union Cheapest 6.8511 $0.00 MAD 13,702.16 +MAD 2.12
TapTap Send 6.8200 $0.00 MAD 13,640.00 −MAD 60.04
OFX 6.8055 $0.00 MAD 13,610.99 −MAD 89.05
Exchange rateFees:Recipient getsDifference
Mid-market rate 6.8504 – MAD 13,700.75
Western Union Cheapest 6.8580 $0.00 MAD 13,715.91 +MAD 15.16
OFX 6.8058 $0.00 MAD 13,611.70 −MAD 89.05
TapTap Send 6.8000 $0.00 MAD 13,600.00 −MAD 100.75
Exchange rateFees:Recipient getsDifference
Mid-market rate 6.7543 – MAD 13,508.66
Western Union Cheapest 6.7294 $0.00 MAD 13,458.84 −MAD 49.82
OFX 6.7104 $0.00 MAD 13,420.86 −MAD 87.80
TapTap Send No quote collected this day – – – –
Exchange rateFees:Recipient getsDifference
Mid-market rate – – –
Western Union Cheapest 6.8092 $0.00 MAD 13,618.32 –
TapTap Send 6.7900 $0.00 MAD 13,580.00 –
OFX No quote collected this day – – – –
Exchange rateFees:Recipient getsDifference
Mid-market rate 6.8253 – MAD 13,650.55
Western Union Cheapest 6.8508 $0.00 MAD 13,701.69 +MAD 51.14
OFX 6.7809 $0.00 MAD 13,561.82 −MAD 88.73
TapTap Send No quote collected this day – – – –
Exchange rateFees:Recipient getsDifference
Mid-market rate 6.8186 – MAD 13,637.15
OFX Cheapest 6.7743 $0.00 MAD 13,548.51 −MAD 88.64
TapTap Send 6.7700 $0.00 MAD 13,540.00 −MAD 97.15
Western Union 6.7692 $0.00 MAD 13,538.47 −MAD 98.68
Exchange rateFees:Recipient getsDifference
Mid-market rate 6.7757 – MAD 13,551.47
Western Union Cheapest 6.7362 $0.00 MAD 13,472.47 −MAD 79.00
OFX 6.7317 $0.00 MAD 13,463.39 −MAD 88.08
TapTap Send 6.7200 $0.00 MAD 13,440.00 −MAD 111.47
Exchange rateFees:Recipient getsDifference
Mid-market rate 6.7757 – MAD 13,551.47
Western Union Cheapest 6.7362 $0.00 MAD 13,472.47 −MAD 79.00
OFX 6.7317 $0.00 MAD 13,463.39 −MAD 88.08
TapTap Send 6.7200 $0.00 MAD 13,440.00 −MAD 111.47
Exchange rateFees:Recipient getsDifference
Mid-market rate 6.8011 – MAD 13,602.22
OFX Cheapest 6.7569 $0.00 MAD 13,513.81 −MAD 88.41
Western Union 6.7556 $0.00 MAD 13,511.28 −MAD 90.94
TapTap Send 6.7500 $0.00 MAD 13,500.00 −MAD 102.22
Exchange rateFees:Recipient getsDifference
Mid-market rate 6.8437 – MAD 13,687.39
Western Union Cheapest 6.8149 $0.00 MAD 13,629.83 −MAD 57.56
TapTap Send 6.8000 $0.00 MAD 13,600.00 −MAD 87.39
OFX 6.7992 $0.00 MAD 13,598.42 −MAD 88.97
Exchange rateFees:Recipient getsDifference
Mid-market rate 6.8670 – MAD 13,733.96
Western Union Cheapest 6.8497 $0.00 MAD 13,699.45 −MAD 34.51
OFX 6.8223 $0.00 MAD 13,644.69 −MAD 89.27
TapTap Send 6.8200 $0.00 MAD 13,640.00 −MAD 93.96
Exchange rateFees:Recipient getsDifference
Mid-market rate – – –
Western Union Cheapest 6.8553 $0.00 MAD 13,710.57 –
TapTap Send 6.8300 $0.00 MAD 13,660.00 –
OFX No quote collected this day – – – –
Exchange rateFees:Recipient getsDifference
Mid-market rate 6.8865 – MAD 13,773.07
Western Union Cheapest 6.8739 $0.00 MAD 13,747.84 −MAD 25.23
OFX 6.8418 $0.00 MAD 13,683.54 −MAD 89.53
TapTap Send 6.8400 $0.00 MAD 13,680.00 −MAD 93.07
Exchange rateFees:Recipient getsDifference
Mid-market rate 6.8473 – MAD 13,694.59
Western Union Cheapest 6.8860 $0.00 MAD 13,772.02 +MAD 77.43
TapTap Send 6.8500 $0.00 MAD 13,700.00 +MAD 5.41
OFX 6.8028 $0.00 MAD 13,605.58 −MAD 89.01
Exchange rateFees:Recipient getsDifference
Mid-market rate 6.8473 – MAD 13,694.59
Western Union Cheapest 6.8860 $0.00 MAD 13,772.02 +MAD 77.43
TapTap Send 6.8500 $0.00 MAD 13,700.00 +MAD 5.41
OFX 6.8028 $0.00 MAD 13,605.58 −MAD 89.01
Exchange rateFees:Recipient getsDifference
Mid-market rate 6.8868 – MAD 13,773.70
Western Union Cheapest 6.8919 $0.00 MAD 13,783.77 +MAD 10.07
OFX 6.8421 $0.00 MAD 13,684.17 −MAD 89.53
TapTap Send 6.8400 $0.00 MAD 13,680.00 −MAD 93.70
Exchange rateFees:Recipient getsDifference
Mid-market rate 6.9055 – MAD 13,811.08
Western Union Cheapest 6.8823 $0.00 MAD 13,764.68 −MAD 46.40
OFX 6.8607 $0.00 MAD 13,721.31 −MAD 89.77
TapTap Send 6.8600 $0.00 MAD 13,720.00 −MAD 91.08
Exchange rateFees:Recipient getsDifference
Mid-market rate 6.9392 – MAD 13,878.48
Western Union Cheapest 6.9095 $0.00 MAD 13,818.97 −MAD 59.51
OFX 6.8941 $0.00 MAD 13,788.27 −MAD 90.21
TapTap Send 6.8900 $0.00 MAD 13,780.00 −MAD 98.48

Exchange rateFees:Recipient getsDifference

Each line shows what the recipient gets when you send $2,000, after fees, as quoted by each company. The mid-market line shows what $2,000 converts to at the real exchange rate, with no fees or markup. Rates are checked once a day. Sponsored placements never affect this data. There are no bank quotes for this period.

The dashed line is what you'd get at the mid-market rate with no fees, and the blue line is the cheapest option that day.

When the blue line goes above the dashed one, you're getting more MAD per AUD than the mid-market rate can offer.

This could be due to money transfer offers, FX rate adjustments, or market competitiveness.

In the past month, a money transfer company beat the mid-market rate on 11 of the last 30 days.

Right now, Western Union pays 13,818.97 MAD on 2,000 AUD, which is 59.51 MAD less than the mid-market amount.

Today's payout isn't the best this month though, since the highest receive amount was 13,887 MAD.

If you can wait and want to get the most out of your transfer, create a rate alert and we'll let you know when the rate improves.

Cheapest over time

Picking the cheapest money transfer company

Just because a company is the cheapest today doesn't mean it's always the best option for sending money to Morocco.

We've tracked 316 comparisons to check how often today's top companies were the cheapest across 11 amounts over the past month.

  1. Western UnionAppeared in 149 comparisons

    Cheapest in 86% of them

  2. OFXAppeared in 307 comparisons

    Cheapest in 4% of them

  3. TapTap SendAppeared in 301 comparisons

    Cheapest in 5% of them

Based on 316 comparisons across 11 amounts over the last 30 days.

Different companies can come out cheapest depending on the day and the amount you send.

To keep things fair, we only count the comparisons each company appeared in, and only analyse companies that appeared in at least 50% of all comparisons (so occasional cheapest options don't skew it).

Today Western Union is the cheapest, but it only quotes some of the amounts we track, so it isn't included in these figures.

OFX (today's second cheapest) was the cheapest in only 4% of its comparisons, so it's rarely the cheapest option for transfers to Morocco.

Ways to send money from Australia to Morocco

9 money transfer companies let you send money from Australia to Morocco.

Cheapest for most transfers

Online transfers

Sending money online with a “self-service” provider is usually the cheapest way to send money to Morocco.

For example, sending A$2,000 with Western Union will get you 13,818.97 MAD after a A$0 fee and 0.43% markup.

In our comparisons over the past month, it was the cheapest online service on 30 of the 30 days it quoted.

To speed up the transfer, use PayID or bank transfer, this will ensure your money is withdrawn instantly from your AU bank account.

Plus, PayID shows the registered payee name, which gives you an extra check against the details you entered.

For regular transfers home

Money transfer apps

An app suits the transfer you make over and over to the same recipient, similar amount, every payday or so.

Western Union takes A$0 in fees and 0.43% markup on a A$2,000 transfer, and your MAD arrives in next day.

Over the past month, Western Union was the cheapest app on 97% of the days it appeared for A$2,000 transfers.

Signing up is quick even if you're new to Australia.

A passport and visa are enough for most money transfer apps, and no local credit history is needed.

For large AUD transfers

Currency brokers

Money transfer brokers are best for large transfers, like buying property, moving abroad, or paying student fees.

On transfers of $10,000 or more, a broker like OFX drops the fee entirely and works on margin instead.

With OFX you get 0.65% on AUD/MAD, and it gets lower the more you send.

You also get an account manager for the whole thing.

Our analysis shows OFX was the cheapest broker in 42% of all the transfers it quoted.

For overseas business payments

Business accounts

Global accounts like Airwallex are great for paying suppliers, contractors or staff in MAD, handling invoices, batch payments, and more.

For receiving and spending

Multi-currency accounts

Multi-currency accounts let you hold AUD and MAD in one account, and convert when the rate suits you.

Revolut converts A$2,000 at 0.99% markup, and the MAD sits in your account until you spend or transfer it.

Over the past month, it came out cheapest among multi-currency accounts on 70% of days.

Most useful if you travel often to Morocco, split your life between two countries, or receive money from abroad.

We also created a guide going into more detail about multi currency accounts.

Ways to fund AUD and receive money in Morocco

With Western Union, paying by debit card and receiving through a bank deposit is the cheapest combination. Sending A$2,000 gives your recipient 13,818.97 MAD.

You can fund the transfer with debit card, bank transfer, credit card, payto, poli, and osko.

Recipients in Morocco can collect MAD through bank deposit, cash pickup, mobile money, and mobile wallet.

Your recipient can have MAD delivered to a mobile wallet, without a bank account.

Use our payout filters above to find the cheapest company offering mobile wallet withdrawals.

Receive MAD in a mobile money

Use the mobile number registered to the recipient's mobile money account. A wrong digit can send the money to a different account.

They can collect cash via Western Union

For cash collection, the recipient should take a photo ID and the transfer reference to a participating location in Morocco.

  1. 1
    Debit card Bank deposit

    You pay A$2,000.00

    DH13,819

    Cheapest

  2. 2
    Bank transfer Bank deposit

    You pay A$2,000.00

    DH13,819

    DH0

  3. 3
    Debit card Mobile money

    You pay A$2,000.00

    DH13,780

    -DH39

  4. 4
    Debit card Cash pickup

    You pay A$2,001.99

    DH13,780

    -DH39

  5. 5
    Debit card Mobile wallet

    You pay A$2,001.99

    DH13,780

    -DH39

Show moreShow less
  1. 6
    Credit card Bank deposit

    You pay A$2,000.00

    DH13,762

    -DH57

  2. 7
    Payto Bank deposit

    You pay A$2,000.00

    DH13,762

    -DH57

  3. 8
    Poli Bank deposit

    You pay A$2,002.99

    DH13,645

    -DH174

  4. 9
    Credit card Cash pickup

    You pay A$2,003.99

    DH13,645

    -DH174

  5. 10
    Poli Cash pickup

    You pay A$2,003.99

    DH13,645

    -DH174

  6. 11
    Osko Bank deposit

    You pay A$2,000.00

    DH13,573

    -DH246

Consider this before sending AUD to Morocco

Every international transfer is reportable by the company handling it, but that is not a tax or a form you normally file yourself. PayID can fund the transfer, while the overseas leg still needs a transfer provider.

Compare AUD/MAD transfer options

For a A$2,000 transfer to Morocco, these are the best options right now:

Cheapest

Western Union is cheapest when funded by debit card with bank deposit for the payout. Your recipient gets 13,818.97 MAD, which is 0.22% more than the next best option.

Fastest

TapTap Send delivers 13,780 MAD in minutes when you use debit card and choose bank deposit as payout.

If you need money urgently, we've put together a guide on instant money transfers.

PayID is domestic only

PayID and Osko move Australian dollars between local accounts.

When a money transfer company accepts PayID, it collects the AUD in Australia and then handles the conversion and payout in Morocco.

Confirm the registered business name shown by your bank before approving the PayID payment.

AUSTRAC reporting

The bank or remittance company reports international transfer instructions to AUSTRAC.

This applies to international transfers generally, rather than only those above A$10,000.

You do not normally submit the international transfer report yourself.

A separate threshold report applies when a transaction involves A$10,000 or more in physical cash.

Large or unusual transfers can still trigger source-of-funds checks. Keep the sale agreement, invoice or bank statement that explains the payment ready.

Cash gifts can affect Centrelink payments

Australia does not generally tax a genuine cash gift simply because you send it to family in Morocco.

Gifting money can still affect income-tested or asset-tested Centrelink payments.

Services Australia can continue assessing gifts above its gifting free areas under the income and assets tests.

If you or your partner receive a relevant payment, check the gifting rules before sending a large amount.

Bank protection in Australia

The Financial Claims Scheme protects eligible Australian-dollar deposits with an Australian-incorporated ADI, up to A$250,000 per account holder per ADI.

It does not automatically cover money held by a non-bank transfer company.

In case of issues, if a complaint is not resolved, the Australian Financial Complaints Authority is the free external dispute service for member financial firms.

How we analyse the market

We track 9 companies sending AUD to Morocco, all holding an Australian licence, with rates refreshed in real time when running a live search.

In the past 30 days alone, we analysed 316 comparisons across 11 amounts.

This page covers the cheapest and fastest options for AUD/MAD transfers. This is how we pick them:

  • Cheapest: the company that gets your recipient the most, after fees and the exchange rate. On a tie, live pricing from the company takes priority over the rates we collect by hand.

  • Fastest: the company with the shortest estimated delivery time once you’ve paid. On a tie, the one that pays out more takes priority.

Fees, exchange rates and the pay-in and payout options all get compared, and each company goes through our review before it appears.

More on who we are, why you can trust us and getting started.

Any tax information is for general guidance only and does not constitute tax advice. Speak to a qualified tax adviser about your circumstances.