Companies for transfers to Morocco
"Over 16 million customers use Wise, mostly for their excellent mobile app, transparent fee structure & use of mid-market rates. Now increasingly used for larger transfers."
"OFX have been helping individuals and businesses send money for over 25 years. Transfer in 50+ currencies to 170+ countries, with 24/7 phone access to currency experts."
"Over 16 million customers use Wise, mostly for their excellent mobile app, transparent fee structure & use of mid-market rates. Now increasingly used for larger transfers."
"OFX have been helping individuals and businesses send money for over 25 years. Transfer in 50+ currencies to 170+ countries, with 24/7 phone access to currency experts."
"Send money anytime, anywhere with the TalkRemit app. There's zero fees on your first transaction and you're able to send to family and friends in over 40 countries."
"Remitly focuses on sending money to friends and family in Asia, Africa and South America. Wide coverage and well-suited to regular transfers home."
"Lumon has cared for over 69,000 customers since 2000. Get support for larger transfers from dedicated currency specialists."
"Xoom, a PayPal service, allows you to send money in more than 160 countries. You can send cash for over-the-counter pickup or home delivery, as well as send by bank transfer or debit card."
"Dahabshiil specialises in secure, affordable international money transfers, offering services across 120+ countries. It provides low fees, fast transactions, and mobile wallet options.
"Sendwave is trusted by over 1 million users across the US, UK, Canada and EU. 24/7 support is available online and via the app."
"Ria Money Transfer has over 35 yeas of trusted experience. Send money online to over 190 countries, and to over 500,000 pickup locations."
"Paysend has transparent fees and rates, with transfer sent within seconds to your recipient's bank. They also have global 24/7 support for any enquiries, and bank-level security."
"Moneycorp is an established player in the market, with a focus on private clients and corporates. Make overseas payments in over 120 currencies and 190 countries."
Overall best choice: Wise
We tested & reviewed dozens of money transfer providers, and Wise scored highly.
Wise appeared in 100% of Canada to Morocco searches, and was the top rated company out of 15 that support CAD to MAD.
So for a great mix of cost, speed & features, make your Canada to Morocco transfer using Wise.
How to compare deals on your Canada to Morocco transfer
- Always compare rates
Don't pay more than you have to. Use our live comparison tool to make sure get best exchange rates on transfers from Canada to Morocco.
- Choose a provider
Select the provider that offers you the best value & service for your needs.
.png)
- Click, sign up & send
Follow the steps & make your transfer. Your funds will soon be on their way to Morocco from Canada.
Summary of recent searches
Understanding Canada to Morocco money transfers
Comparing providers when sending money from Canada to Morocco is the easiest way to make a transfer at the best price.
We’ve compared 15 providers for sending Canadian Dollar to Morocco. This ensures you will get the best options for your transfer to Morocco from Canada.
We rate Wise as the best overall, but comparing gives you a comprehensive view of all the options for transferring money from Canada to Morocco.
Cheapest way to send money to Morocco from Canada: Dahabshiil
Data collected over the past six months shows that Dahabshiil is 0% cheaper than the second-best option.
The $0 transfer cost represents the most common fee for CAD to MAD international transfers, based on data from the past six months.
If you want to secure the best rates on a CAD to Morocco transfer, make sure you pick Dahabshiil to send your money online.
*The most common fee applied to CAD-MAD by Dahabshiil, based on data from the past six months.
Fastest way to send money from Canada to Morocco: Ria Money Transfer
Our data shows that Ria Money Transfer came up as the fastest way to send money from Canada to Morocco in 52.6% of searches. This makes them well suited to urgent CAD to MAD money transfers.
The 'fastest' way to send money is defined by the overall speed of sending money from Canada to Morocco - this includes deposit, transfer and withdrawal timeframes and often differs per currency.
When speed matters, Ria Money Transfer is your best choice at the moment. This service emerged as the quickest way to send money to Morocco from Canada in 52.6% of the searches on MoneyTransfers.com over the past six months.
Send large sums of money
Wise offers the strongest all round option for large transfers of the 15 money transfer companies compared.
Whether for business or a property purchase, sending large amounts of money can be expensive if you get a bad exchange rate from Moroccan Dirham to Moroccan Dirham.
As such, opt for Wise for sending large sums of money to Morocco from Canada.
Understanding the cost of moving money from Canada to Morocco
The total cost of sending money to Morocco from Canada, is made-up of a combination of fees and exchange rates. Sending with a company that can offer a good deal on both ensures a good deal on your transfer.
The Mid-Market and Exchange Rates: Currently, the mid-market for CAD-MAD is 6.9825 MAD per Canadian Dollar.
Finding a company offering an exchange rate closer to this will mean more Moroccan Dirham for your Canadian Dollar.
The average CAD-MAD mid-market rate for the last three months has been 7.1316 MAD per Canadian Dollar. This includes a high of 7.2849, and low of 6.9131.
Out of the 15 companies compared, Wise offers the best exchange rates.
The exchange rate you receive on converting CAD to MAD should be the biggest determining cost factor when transferring Canadian Dollar to Morocco.
Fees: Transfer fees may have to be paid alongside the transfer, either as a set fee or a percentage of the transfer. Dahabshiil, with a fee average of 0 CAD per transfer over the last 6 months, offers the lowest fees overall. Although, you should search for your send amount for actual fees.
Amount Received: Money transfer companies will show you the amount of Moroccan Dirham eventually received in Morocco.
A lower cost of sending from Canada will result in more money received in Morocco.
How to find the best exchange rate for Canada to Morocco
Timing is essential for sending money between CAD and MAD. The exchange rate you secure impacts how much MAD you get for your CAD.
Let's dive into some interesting recent trends.
Over the past six months, the exchange rate from CAD to MAD has seen some fluctuation. On average, it stood at 7.1316.
During this period, the highest value recorded was 7.2849, while the lowest was 6.9131.
Wise, which is our recommended service to send money online from Canada to Morocco offers an exchange rate that is only -0.13% above the mid-market rate.
Want to secure the best CAD-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 Canada to Morocco!
Funding your Canada to Morocco transfer
Bank transfers
The default option for sending money from Canada to Morocco is often a bank transfer.
Using a money transfer company, such as Dahabshiil for transfers from Canada to Morocco, allows for sending via a bank transfer while benefitting from lower fees and more favorable exchange rates.
From the 15 we tested, the cheapest provider for bank transfers from CAD to Morocco is Dahabshiil.
With an average fee of CAD0 to send money from Canada to Morocco, Dahabshiil offers a great combination of competitive exchange rates and lower fees.
Debit and prepaid cards
Sending money from Canada to Morocco with a prepaid or debit card is easy with Wise.
Wise is a leader in accepting card payments for transfers between Canada and Morocco.
Xe is the best money transfer company of the 15 compared for credit card transfers from Canada to Morocco.
Fee alert: using a credit card to transfer money can mean a fee being charged by your card issuer. 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 Canada.
Our comparison engine and algorithms evaluate providers based on over 25 factors.
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 Canada to Morocco.
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send CAD to MAD.
For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy document.
