Best companies for EUR/MAD transfers
10 of 10 providers Last updated on 28 September 2026
Based on 7,000 EUR transfer Best companies for EUR/MAD transfers Sort Cheapest
Promoted Wise Pay via Bank transfer	Fee €145.26 1 EUR = 10.9485 MAD -0.12% vs mid-market	Recipient gets MAD 75,049.12 Within a week
25 reviews Multi-currency cardReceive to bank accountDedicated support for large transfers
Ways to receive money in Morocco with Wise when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositWithin a weekAvailable via:Bank Transfer €145.261 EUR = 10.9485 MAD MAD 75,049.12You pay€7,000.00
Promoted MoneyGram Pay via Debit card	Fee €2.99 1 EUR = 10.8655 MAD +0.64% vs mid-market	Recipient gets MAD 76,058.50 Minutes - 24 hours
2 reviews
Ways to receive money in Morocco with MoneyGram when paying by debit card. MethodFee & ratesRecipient gets Cash pickupMinutes - 24 hours €2.991 EUR = 10.8655 MAD MAD 76,058.50You pay€7,002.99 Bank depositMinutes - 24 hoursAvailable via:All Banks, BMCE Bank €0.991 EUR = 10.8165 MAD MAD 75,715.50You pay€7,000.99 Card depositMinutes - 24 hoursAvailable via:Bank Debit Card €6.401 EUR = 10.6486 MAD MAD 74,540.20You pay€7,006.40
Run a live search Showing top Spain to Morocco deals for 7,000 EUR. Do a live search with your exact amount for today's best rates.
Run a live search Showing companies that send from a business account. Run a business search to get live EUR to MAD rates.
Run a live search These companies offer multi-currency accounts for spending MAD. We suggest doing a live search based on how much EUR you're planning to spend in Morocco.
Run a live search These are managed services with real human support for large EUR transfers. Click the link and update the transfer amount to get the best deal.
Paysend Pay via Debit card	Fee €0.00 1 EUR = 10.8800 MAD +0.50% vs mid-market	Recipient gets MAD 76,159.70 Minutes - 24 hours
0 reviews Cheapest
Ways to receive money in Morocco with Paysend when paying by debit card. MethodFee & ratesRecipient gets Bank depositMinutes - 24 hours Free1 EUR = 10.8800 MAD MAD 76,159.70You pay€7,000.00

Paysend Pay via Credit card	Fee €0.00 1 EUR = 10.8800 MAD +0.50% vs mid-market	Recipient gets MAD 76,159.70 Minutes - 24 hours
0 reviews
Ways to receive money in Morocco with Paysend when paying by credit card. MethodFee & ratesRecipient gets Bank depositMinutes - 24 hours Free1 EUR = 10.8800 MAD MAD 76,159.70You pay€7,000.00
TapTap Send Pay via Debit card	Fee €0.00 1 EUR = 10.8700 MAD +0.60% vs mid-market	Recipient gets MAD 76,090.00 Minutes
0 reviews 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 EUR = 10.8700 MAD MAD 76,090.00You pay€7,000.00 Mobile moneyMinutesAvailable via:DamaneCash, Orange Free1 EUR = 10.8700 MAD MAD 76,090.00You pay€7,000.00 Mobile walletMinutesAvailable via:LanaCash Free1 EUR = 10.8700 MAD MAD 76,090.00You pay€7,000.00 Cash pickupMinutesAvailable via:Al Barid Bank, Barid Cash, Cash Plus, Wafacash €2.501 EUR = 10.8700 MAD MAD 76,090.00You pay€7,002.50
$0 fee on first online transfers MoneyGram Pay via Debit card	Fee €2.99 1 EUR = 10.8655 MAD +0.64% vs mid-market	Recipient gets MAD 76,058.50 Minutes - 24 hours
2 reviews
Ways to receive money in Morocco with MoneyGram when paying by debit card. MethodFee & ratesRecipient gets Cash pickupMinutes - 24 hours €2.991 EUR = 10.8655 MAD MAD 76,058.50You pay€7,002.99 Bank depositMinutes - 24 hoursAvailable via:All Banks, BMCE Bank €0.991 EUR = 10.8165 MAD MAD 75,715.50You pay€7,000.99 Card depositMinutes - 24 hoursAvailable via:Bank Debit Card €6.401 EUR = 10.6486 MAD MAD 74,540.20You pay€7,006.40

$0 fee on first online transfers MoneyGram Pay via Credit card	Fee €2.99 1 EUR = 10.8655 MAD +0.64% vs mid-market	Recipient gets MAD 76,058.50 Minutes - 24 hours
2 reviews
Ways to receive money in Morocco with MoneyGram when paying by credit card. MethodFee & ratesRecipient gets Cash pickupMinutes - 24 hours €2.991 EUR = 10.8655 MAD MAD 76,058.50You pay€7,002.99 Bank depositMinutes - 24 hoursAvailable via:All Banks, BMCE Bank €0.991 EUR = 10.8165 MAD MAD 75,715.50You pay€7,000.99 Card depositMinutes - 24 hoursAvailable via:Bank Debit Card €6.401 EUR = 10.6486 MAD MAD 74,540.20You pay€7,006.40
$0 fee on first online transfers MoneyGram Pay via Bank transfer	Fee €2.99 1 EUR = 10.8655 MAD +0.64% vs mid-market	Recipient gets MAD 76,058.50 Minutes - 24 hours
2 reviews
Ways to receive money in Morocco with MoneyGram when paying by bank transfer. MethodFee & ratesRecipient gets Cash pickupMinutes - 24 hours €2.991 EUR = 10.8655 MAD MAD 76,058.50You pay€7,002.99 Bank depositMinutes - 24 hoursAvailable via:BMCE Bank, All Banks €0.991 EUR = 10.8165 MAD MAD 75,715.50You pay€7,000.99
Western Union Pay via Debit card	Fee €0.00 1 EUR = 10.8531 MAD +0.75% vs mid-market	Recipient gets MAD 75,971.69 Minutes - 2 days
8 reviews 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 depositMinutes - 2 days Free1 EUR = 10.8531 MAD MAD 75,971.69You pay€7,000.00

Western Union Pay via Bank transfer	Fee €0.00 1 EUR = 10.8531 MAD +0.75% vs mid-market	Recipient gets MAD 75,971.69 Minutes - 2 days
8 reviews 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 depositMinutes - 2 days Free1 EUR = 10.8531 MAD MAD 75,971.69You pay€7,000.00
Remitly Pay via Debit card	Fee €0.00 1 EUR = 10.7700 MAD +1.52% vs mid-market	Recipient gets MAD 75,390.00 Minutes - 3 days
15 reviews Receive to bank account or cash pickup
Ways to receive money in Morocco with Remitly when paying by debit card. MethodFee & ratesRecipient gets Bank depositMinutes - 3 days Free1 EUR = 10.7700 MAD MAD 75,390.00You pay€7,000.00

Remitly Pay via Credit card	Fee €0.00 1 EUR = 10.7700 MAD +1.52% vs mid-market	Recipient gets MAD 75,390.00 Minutes - 3 days
15 reviews Receive to bank account or cash pickup
Ways to receive money in Morocco with Remitly when paying by credit card. MethodFee & ratesRecipient gets Bank depositMinutes - 3 days Free1 EUR = 10.7700 MAD MAD 75,390.00You pay€7,000.00
Remitly Pay via Bank transfer	Fee €0.00 1 EUR = 10.7700 MAD +1.52% vs mid-market	Recipient gets MAD 75,390.00 Minutes - 3 days
15 reviews Receive to bank account or cash pickup
Ways to receive money in Morocco with Remitly when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositMinutes - 3 days Free1 EUR = 10.7700 MAD MAD 75,390.00You pay€7,000.00
Ria Money Transfer Pay via Credit card	Fee €2.99 1 EUR = 10.7700 MAD +1.52% vs mid-market	Recipient gets MAD 75,357.80 Minutes - 24 hours
0 reviews
Ways to receive money in Morocco with Ria Money Transfer when paying by credit card. MethodFee & ratesRecipient gets Cash pickupMinutes - 24 hours €2.991 EUR = 10.7700 MAD MAD 75,357.80You pay€7,000.00 Bank depositMinutes - 24 hours €2.991 EUR = 10.7000 MAD MAD 74,868.01You pay€7,000.00 Mobile walletMinutes - 24 hours €2.991 EUR = 10.7000 MAD MAD 74,868.01You pay€7,000.00

Ria Money Transfer Pay via Debit card	Fee €2.99 1 EUR = 10.7700 MAD +1.52% vs mid-market	Recipient gets MAD 75,357.80 Minutes - 24 hours
0 reviews
Ways to receive money in Morocco with Ria Money Transfer when paying by debit card. MethodFee & ratesRecipient gets Cash pickupMinutes - 24 hours €2.991 EUR = 10.7700 MAD MAD 75,357.80You pay€7,000.00 Bank depositMinutes - 24 hours €2.991 EUR = 10.7000 MAD MAD 74,868.01You pay€7,000.00 Mobile walletMinutes - 24 hours €2.991 EUR = 10.7000 MAD MAD 74,868.01You pay€7,000.00
Wise Pay via Bank transfer	Fee €145.26 1 EUR = 10.9485 MAD -0.12% vs mid-market	Recipient gets MAD 75,049.12 Within a week
25 reviews Recommended Multi-currency cardReceive to bank accountDedicated support for large transfers
Ways to receive money in Morocco with Wise when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositWithin a weekAvailable via:Bank Transfer €145.261 EUR = 10.9485 MAD MAD 75,049.12You pay€7,000.00
Moneycorp Pay via Bank transfer	Fee €0.00 1 EUR = 10.7164 MAD +2.00% vs mid-market	Recipient gets MAD 75,014.64 Minutes - 2 days
0 reviews
Ways to receive money in Morocco with Moneycorp when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositMinutes - 2 days Free1 EUR = 10.7164 MAD MAD 75,014.64You pay€7,000.00
Wise Pay via iDEAL/WERO	Fee €155.09 1 EUR = 10.9485 MAD -0.12% vs mid-market	Recipient gets MAD 74,941.50 Within a week
25 reviews Multi-currency cardReceive to bank accountDedicated support for large transfers
Ways to receive money in Morocco with Wise when paying by ideal/wero. MethodFee & ratesRecipient gets Bank depositWithin a weekAvailable via:Bank Transfer €155.091 EUR = 10.9485 MAD MAD 74,941.50You pay€7,000.00
Only available via Mobile App WorldRemit Pay via Debit card	Fee €0.00 1 EUR = 10.6459 MAD +2.68% vs mid-market	Recipient gets MAD 74,521.23 Minutes - 2 days
13 reviews Receive to bank account or cash pickup
Ways to receive money in Morocco with WorldRemit when paying by debit card. MethodFee & ratesRecipient gets Cash pickupMinutes - 2 days Free1 EUR = 10.6459 MAD MAD 74,521.23You pay€7,000.00 Card depositMinutes - 2 days Free1 EUR = 10.6450 MAD MAD 74,515.35You pay€7,000.00
Wise Pay via Debit card	Fee €198.58 1 EUR = 10.9485 MAD -0.12% vs mid-market	Recipient gets MAD 74,465.35 Within a week
25 reviews Multi-currency cardReceive to bank accountDedicated support for large transfers
Ways to receive money in Morocco with Wise when paying by debit card. MethodFee & ratesRecipient gets Bank depositWithin a weekAvailable via:Bank Transfer €198.581 EUR = 10.9485 MAD MAD 74,465.35You pay€7,000.00
Wise Pay via Credit card	Fee €239.33 1 EUR = 10.9485 MAD -0.12% vs mid-market	Recipient gets MAD 74,019.20 Within a week
25 reviews Multi-currency cardReceive to bank accountDedicated support for large transfers
Ways to receive money in Morocco with Wise when paying by credit card. MethodFee & ratesRecipient gets Bank depositWithin a weekAvailable via:Bank Transfer €239.331 EUR = 10.9485 MAD MAD 74,019.20You pay€7,000.00
Xoom Pay via PayPal	Fee €0.00 1 EUR = 10.5465 MAD +3.62% vs mid-market	Recipient gets MAD 73,825.50 Minutes - 24 hours
0 reviews
Ways to receive money in Morocco with Xoom when paying by paypal. MethodFee & ratesRecipient gets Bank depositMinutes - 24 hours Free1 EUR = 10.5465 MAD MAD 73,825.50You pay€7,000.00

Xoom Pay via Bank transfer	Fee €0.00 1 EUR = 10.5465 MAD +3.62% vs mid-market	Recipient gets MAD 73,825.50 Minutes - 24 hours
0 reviews
Ways to receive money in Morocco with Xoom when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositMinutes - 24 hours Free1 EUR = 10.5465 MAD MAD 73,825.50You pay€7,000.00
Xoom Pay via Debit card	Fee €0.00 1 EUR = 10.5465 MAD +3.62% vs mid-market	Recipient gets MAD 73,825.50 Minutes - 24 hours
0 reviews
Ways to receive money in Morocco with Xoom when paying by debit card. MethodFee & ratesRecipient gets Bank depositMinutes - 24 hours Free1 EUR = 10.5465 MAD MAD 73,825.50You pay€7,000.00
Xoom Pay via Credit card	Fee €0.00 1 EUR = 10.5465 MAD +3.62% vs mid-market	Recipient gets MAD 73,825.50 Minutes - 24 hours
0 reviews
Ways to receive money in Morocco with Xoom when paying by credit card. MethodFee & ratesRecipient gets Bank depositMinutes - 24 hours Free1 EUR = 10.5465 MAD MAD 73,825.50You pay€7,000.00
How Our Results Work Mid-market rate: 1 EUR = 10.9351 MAD Updates every 60 minutes.

Why compare

EUR/MAD exchange rate

Best ways to pay & receive

Transfer speed

How to send money from Spain to Morocco

Pick a company

For a one-off transfer from Spain to Morocco, I suggest picking Paysend, it will get you the most Morocco

The best option will change depending on the amount, so it's good to to get the best EUR/MAD rate today.

Fund your transfer

You have 4 ways to pay, including debit card, bank transfer, credit card, and ideal.

Bizum only works between Spanish accounts and caps at €500, which is why these companies exist in the first place.

Verify and send

First time round you'll need your DNI, or your NIE if you're not Spanish, and a proof of address.

An empadronamiento certificate covers the address if you don't have a bill in your name yet.

Compare amounts

How much EUR are you sending to Morocco?

How much EUR 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.


€500	-1.13%	€0.00	MAD 5,527.91with debit card to bank deposit	+MAD 162.53
€1,000	-0.30%	€0.00	MAD 10,961.10with debit card to bank deposit	+MAD 175.97
€2,000	-0.30%	€0.00	MAD 21,922.20with debit card to bank deposit	+MAD 337.23
€7,000This page	0.50%	€0.00	MAD 76,159.70with debit card to bank deposit	+MAD 997.66
€10,000	0.50%	€0.00	MAD 108,799.58with debit card to bank deposit	+MAD 1,422.42

Mid-market rate: 1 EUR = 10.9351 MAD

Ways to send money from Spain to Morocco

9 companies send money from Spain to Morocco, across app, online, in person, global account, SNPL, digital wallet, and multi-currency account, and more.

Monthly remesas abroad

Money transfer apps

Sending monthly remesa is extremely popular in Spain.

Money transfer apps let you save contacts, schedule transfers, and lock-in rates.

Useful if you’re sending €100 to €300 monthly to Morocco.

Paysend charges €0 on a €7,000 transfer and pays out 76,159.7 MAD in minutes - 24 hours, often straight into a mobile wallet, so the person receiving doesn't need a bank account.

You can pay for the transfers via debit card, bank transfer, credit card, and ideal, but Bizum is usually not accepted as a funding method.

For cash pickup and deposit

In-person transfers

The locutorio on the corner has been sending money home for decades, and for families who need to collect cash the same day, this is the best way.

Pay MoneyGram the €7,000 by card or transferencia, and they can collect cash in Morocco.

Worth noting, cash transfers are faster than online methods, but usually more expensive, so .

For one-off transfers

Online transfers

For medium sized or one-off transfers to Morocco, an online money transfer service funded from your bank account is better than any bank.

Paysend turns €7,000 into 76,159.7 MAD with a €0 fee and 0.5% markup.

Sending large amounts

Currency brokers

Currency brokers are best for sending €10,000+ to Morocco. This can be things like selling property, moving a pension, moving back home, etc…

Brokers like Regency FX, Key Currency, or TorFX charge no fee on large transfers, just a margin that gets smaller as the amount grows.

You also get an account manager, access to forward contracts, limit orders, and more.

For getting paid and spending abroad

Multi-currency accounts

If you often receive MAD (things like pensions, payments, salary, dividends, etc…), this is the best way to do it.

Because a multi-currency account gives you account details to receive MAD like a local and you can exchange it to EUR at any time.

The best multi-currency account in Spain with MAD support is offered by Wise.

For example, converting €7,000 gets you 75,049.12 MAD.

For businesses and autónomos paying abroad

Global accounts

Companies like Wise Business, Payoneer, or Airwallex are best suited for businesses in Spain making payments to Morocco.

You can pay suppliers and freelancers, process invoices, make batch payments, and much more.

Ways to fund EUR and receive MAD in Morocco

How you fund the transfer and how your recipient receives it affect the fees and how much MAD they get.

With Paysend, paying by debit card and receiving through a bank deposit is the cheapest combination. Sending €7,000 gives your recipient 76,159.7 MAD.

For funding your transfer from Spain, you can use debit card, bank transfer, credit card, and ideal.

Bizum only supports domestic transfers in Spain, so it cannot send money to Morocco directly.

Pay from your Spanish bank account

Deposit your funds with a SEPA Instant (essentially your bank transfer) using your ES IBAN.

It is fast to fund the transfer, although delivery to Morocco depends on the company's payout time and delivery method.

In Morocco, the recipient can use bank deposit, cash pickup, mobile wallet, card deposit, and mobile money to receive money.

Payout is available through .

Collect cash in Morocco

Your recipient can collect MAD from a participating MoneyGram location in Morocco.

1

Debit card Bank deposit

You pay €7,000.00

.د.م76,160

Cheapest
2

Credit card Bank deposit

You pay €7,000.00

.د.م76,160

.د.م0
3

Debit card Mobile money

You pay €7,000.00

.د.م76,090

-.د.م70
4

Debit card Mobile wallet

You pay €7,000.00

.د.م76,090

-.د.م70
5

Debit card Cash pickup

You pay €7,002.50

.د.م76,090

-.د.م70

Show moreShow less

6

Credit card Cash pickup

You pay €7,002.99

.د.م76,059

-.د.م101
7

Bank transfer Cash pickup

You pay €7,002.99

.د.م76,059

-.د.م101
8

Bank transfer Bank deposit

You pay €7,000.00

.د.م75,972

-.د.م188
9

Ideal Bank deposit

You pay €7,000.00

.د.م74,942

-.د.م1,218
10

Credit card Mobile wallet

You pay €7,000.00

.د.م74,868

-.د.م1,292
11

Debit card Card deposit

You pay €7,006.40

.د.م74,540

-.د.م1,620
12

Credit card Card deposit

You pay €7,006.40

.د.م74,540

-.د.م1,620

What to consider when sending money from Spain

Here are a few things to know before sending money from Spain to Morocco.

Find the best EUR/MAD transfer

These are the current best options for sending €7,000 to Morocco:

Cheapest option

Use .د.م76,159.7, pay by debit card and choose bank deposit for the payout. Your recipient gets 76,159.7 MAD, which is 0.09% more than the next best option.

Fastest option

With TapTap Send, a debit card payment to bank deposit gives your recipient 76,090 MAD in minutes.

SEPA & MAD are different

SEPA and SEPA Instant only work within the Eurozone, and Bizum largely operates in Spain.

Sending EUR to Morocco is different because it needs a currency conversion.

SEPA or SEPA Instant can be used to fund the transfer itself (since both are in EUR), but it does not guarantee instant transfer to Morocco.

Expect questions on a large payment

Your bank or transfer company can ask for a justificante showing the source and purpose of a large or unusual transfer.

Keep the sale agreement for property, an invoice for tuition or a bank statement for savings.

Ask your bank to raise its own online transfer limit before the payment is due, rather than splitting a payment to avoid a check.

Staying safe when sending money

A payment or electronic-money institution is not the same as a bank, so do not assume its stored balance has bank deposit protection.

For bank deposits, protection normally comes from the deposit guarantee scheme in the bank's home country.

For a transfer service, check how customer money is safeguarded and avoid leaving a large balance there longer than needed.

When in doubt, use the Banco de Espana register to check the legal entity behind a transfer service.

Live EUR-MAD Exchange Rate

Finding the best rate to send money from Spain to Morocco

The exchange rate has a direct impact on how much MAD your recipient gets. A weekly comparison makes it easier to judge today's EUR/MAD rate.

Mid-market rate:1 EUR = 10.951089 MAD

How we analyse the market

Every company here is authorised to operate in Spain, and you can check any of them on the Banco de España register yourself.

We track 9 of them on EUR to MAD, comparing fees, rates and the ways money can be paid in and collected. Each one also goes through our own review.

Pricing mostly comes straight from the companies, and anything we collect by hand is marked in the table.

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

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How to send money to Morocco from Spain with the best EUR-MAD rate

Best companies for EUR/MAD transfers