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

Key Currency is the cheapest right now for transfers from Italy. Using a bank transfer deposit into a bank deposit will get you 76,608.37 MAD in Morocco.

For speed, TapTap Send is fastest, with delivery in minutes.

Best companies for EUR/MAD transfers

10 of 10 providers

Last updated on 28 October 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 = 10.9712 MAD 0.00% vs mid-market Recipient gets MAD 75,204.72 Same day
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 depositSame dayAvailable via:Bank Transfer
€145.261 EUR = 10.9712 MAD
MAD 75,204.72You pay€7,000.00
Promoted

Xe

Pay via Debit card
Fee €0.00 1 EUR = 10.8449 MAD +1.16% vs mid-market Recipient gets MAD 75,914.30 Minutes - 24 hours
Personal account managerReceive to bank accountDedicated support for larger transactions

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

MethodFee & ratesRecipient gets
Bank depositMinutes - 24 hours
Free1 EUR = 10.8449 MAD
MAD 75,914.30You pay€7,000.00

Run a live search

Showing top Italy to Morocco deals for 7,000 EUR. Do a live search with your exact amount for today's best rates.
Exclusive: Special Rate for 1st Transfer

Key Currency

Pay via Bank transfer
Fee €0.00 1 EUR = 10.9441 MAD +0.25% vs mid-market Recipient gets MAD 76,608.37 Minutes - 3 days
Cheapest
Personal account managerReceive to bank account

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

MethodFee & ratesRecipient gets
Bank depositMinutes - 3 days
Free1 EUR = 10.9441 MAD
MAD 76,608.37You pay€7,000.00
Exclusive: First Transfer Deal

Regency FX

Pay via Bank transfer
Fee €0.00 1 EUR = 10.9419 MAD +0.27% vs mid-market Recipient gets MAD 76,593.01 Minutes - 24 hours
Personal account managerReceive to bank accountProfessional, personal service

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

MethodFee & ratesRecipient gets
Bank depositMinutes - 24 hours
Free1 EUR = 10.9419 MAD
MAD 76,593.01You pay€7,000.00
$0 fee on first online transfers

MoneyGram

Pay via Debit card
Fee €2.50 1 EUR = 10.9220 MAD +0.45% vs mid-market Recipient gets MAD 76,454.00 Minutes - 24 hours

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

MethodFee & ratesRecipient gets
Cash pickupMinutes - 24 hours
€2.501 EUR = 10.9220 MAD
MAD 76,454.00You pay€7,002.50
Bank depositMinutes - 24 hoursAvailable via:All Banks, BMCE Bank
€0.991 EUR = 10.9001 MAD
MAD 76,300.70You pay€7,000.99
Card depositMinutes - 24 hoursAvailable via:Bank Debit Card
€4.991 EUR = 10.7540 MAD
MAD 75,278.00You pay€7,004.99
$0 fee on first online transfers

MoneyGram

Pay via Credit card
Fee €2.50 1 EUR = 10.9220 MAD +0.45% vs mid-market Recipient gets MAD 76,454.00 Minutes - 24 hours

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

MethodFee & ratesRecipient gets
Cash pickupMinutes - 24 hours
€2.501 EUR = 10.9220 MAD
MAD 76,454.00You pay€7,002.50
Bank depositMinutes - 24 hoursAvailable via:All Banks, BMCE Bank
€0.991 EUR = 10.9001 MAD
MAD 76,300.70You pay€7,000.99
Card depositMinutes - 24 hoursAvailable via:Bank Debit Card
€4.991 EUR = 10.7540 MAD
MAD 75,278.00You pay€7,004.99
$0 fee on first online transfers

MoneyGram

Pay via Bank transfer
Fee €2.50 1 EUR = 10.9220 MAD +0.45% vs mid-market Recipient gets MAD 76,454.00 Minutes - 24 hours

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

MethodFee & ratesRecipient gets
Cash pickupMinutes - 24 hours
€2.501 EUR = 10.9220 MAD
MAD 76,454.00You pay€7,002.50
Bank depositMinutes - 24 hoursAvailable via:All Banks, BMCE Bank
€0.991 EUR = 10.9001 MAD
MAD 76,300.70You pay€7,000.99

TapTap Send

Pay via Debit card
Fee €0.00 1 EUR = 10.9200 MAD +0.47% vs mid-market Recipient gets MAD 76,440.00 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 EUR = 10.9200 MAD
MAD 76,440.00You pay€7,000.00
Mobile moneyMinutesAvailable via:DamaneCash, Orange
Free1 EUR = 10.9200 MAD
MAD 76,440.00You pay€7,000.00
Cash pickupMinutesAvailable via:Al Barid Bank, Barid Cash, Cash Plus, Wafacash
€2.501 EUR = 10.9200 MAD
MAD 76,440.00You pay€7,002.50
Mobile walletMinutesAvailable via:LanaCash
€2.501 EUR = 10.9200 MAD
MAD 76,440.00You pay€7,002.50

OFX

Pay via Bank transfer
Fee €0.00 1 EUR = 10.9166 MAD +0.50% vs mid-market Recipient gets MAD 76,416.37 Minutes - 24 hours
Personal account managerReceive to bank account

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

MethodFee & ratesRecipient gets
Bank depositMinutes - 24 hours
Free1 EUR = 10.9166 MAD
MAD 76,416.37You pay€7,000.00

Xe

Pay via Debit card
Fee €0.00 1 EUR = 10.8449 MAD +1.16% vs mid-market Recipient gets MAD 75,914.30 Minutes - 24 hours
Personal account managerReceive to bank accountDedicated support for larger transactions

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

MethodFee & ratesRecipient gets
Bank depositMinutes - 24 hours
Free1 EUR = 10.8449 MAD
MAD 75,914.30You pay€7,000.00

Xe

Pay via Bank transfer
Fee €0.00 1 EUR = 10.8449 MAD +1.16% vs mid-market Recipient gets MAD 75,914.30 Minutes - 24 hours
Personal account managerReceive to bank accountDedicated support for larger transactions

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

MethodFee & ratesRecipient gets
Bank depositMinutes - 24 hours
Free1 EUR = 10.8449 MAD
MAD 75,914.30You pay€7,000.00

Xe

Pay via Credit card
Fee €0.00 1 EUR = 10.8449 MAD +1.16% vs mid-market Recipient gets MAD 75,914.30 Minutes - 24 hours
Personal account managerReceive to bank accountDedicated support for larger transactions

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

MethodFee & ratesRecipient gets
Bank depositMinutes - 24 hours
Free1 EUR = 10.8449 MAD
MAD 75,914.30You pay€7,000.00

Moneycorp

Pay via Bank transfer
Fee €0.00 1 EUR = 10.8179 MAD +1.40% vs mid-market Recipient gets MAD 75,725.17 Minutes - 2 days

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

MethodFee & ratesRecipient gets
Bank depositMinutes - 2 days
Free1 EUR = 10.8179 MAD
MAD 75,725.17You pay€7,000.00
Pricing based on Revolut Standard plan

Revolut

Pay via Bank transfer
Fee €62.80 1 EUR = 10.8531 MAD +1.08% vs mid-market Recipient gets MAD 75,290.45 Same day
Multi-currency cardReceive to bank account

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

MethodFee & ratesRecipient gets
Bank depositSame day
€62.801 EUR = 10.8531 MAD
MAD 75,290.45You pay€7,000.00

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.

Wise

Pay via Bank transfer
Fee €145.26 1 EUR = 10.9712 MAD 0.00% vs mid-market Recipient gets MAD 75,204.72 Same day
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 depositSame dayAvailable via:Bank Transfer
€145.261 EUR = 10.9712 MAD
MAD 75,204.72You pay€7,000.00

Wise

Pay via iDEAL
Fee €155.09 1 EUR = 10.9712 MAD 0.00% vs mid-market Recipient gets MAD 75,096.88 Same day
Multi-currency cardReceive to bank accountDedicated support for large transfers

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

MethodFee & ratesRecipient gets
Bank depositSame dayAvailable via:Bank Transfer
€155.091 EUR = 10.9712 MAD
MAD 75,096.88You pay€7,000.00
Only available via Mobile App

WorldRemit

Pay via Debit card
Fee €0.00 1 EUR = 10.6843 MAD +2.65% vs mid-market Recipient gets MAD 74,789.96 Minutes - 2 days
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 = 10.6843 MAD
MAD 74,789.96You pay€7,000.00

Wise

Pay via Debit card
Fee €198.58 1 EUR = 10.9712 MAD 0.00% vs mid-market Recipient gets MAD 74,619.74 Same day
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 depositSame dayAvailable via:Bank Transfer
€198.581 EUR = 10.9712 MAD
MAD 74,619.74You pay€7,000.00

Wise

Pay via Credit card
Fee €239.33 1 EUR = 10.9712 MAD 0.00% vs mid-market Recipient gets MAD 74,172.66 Same day
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 depositSame dayAvailable via:Bank Transfer
€239.331 EUR = 10.9712 MAD
MAD 74,172.66You pay€7,000.00
Pricing based on Revolut Standard plan

Revolut

Pay via Debit card
Fee €221.00 1 EUR = 10.8531 MAD +1.08% vs mid-market Recipient gets MAD 73,573.48 Within minutes
Multi-currency cardReceive to bank account

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

MethodFee & ratesRecipient gets
Bank depositWithin minutes
€221.001 EUR = 10.8531 MAD
MAD 73,573.48You pay€7,000.00

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.

How Our Results Work
Mid-market rate: 1 EUR = 10.9715 MAD Updates every 60 minutes.

How to send money from Italy to Morocco

Pick a company

For a one-off EUR transfer to Morocco, I suggest picking the cheapest option which is Key Currency.

Key Currency was the cheapest on 14 of the 28 days it quoted €7,000 transfers to Morocco.

On a 7,000 EUR transfer, Key Currency delivers the most MAD.

The best option will change depending on how much you actually send, so I suggest to get the best EUR/MAD rate.

Fund your transfer

You have 4 ways to fund your transfer: bank transfer, debit card, credit card, and iDEAL.

Sending money to Morocco directly with SEPA is expensive, but it's a cheap and quick way to fund your money transfer account.

You can also use a debit card to fund the transfer, including the Postepay card.

Verify and send

First time round you'll need your codice fiscale and a photo ID to verify your account.

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.

Our analysis shows Key Currency was the cheapest in 50% of the transfers from €5,000 it quoted, and in 50% of all the transfers it quoted.

Cheapest service
€500-1.76%€0.00MAD 5,584.47with debit card to bank deposit+MAD 156.95
€1,000-0.86%€0.00MAD 11,070.00with debit card to cash pickup+MAD 217.96
€2,0000.12%€0.00MAD 21,920.00with debit card to cash pickup+MAD 251.19
€5,0000.18%€0.00MAD 54,768.52with debit card to bank deposit+MAD 664.93
€7,000This page0.25%€0.00MAD 76,608.37with bank transfer to bank deposit+MAD 961.94

Mid-market rate: 1 EUR = 10.9715 MAD

EUR/MAD Exchange Rate History

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

The cheapest way to send EUR 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 Key Currency), across 30 days of comparisons for 7,000 EUR transfers to Morocco.

MAD received for €7,000, after fees

Wed, 28 Oct 2026Mid-market rateMAD 76,800.37 Key Currency MAD 76,608.37Key CurrencyMAD 76,608.37Regency FXMAD 76,593.01MoneyGramMAD 76,454.00

75.000
76.000
77.000
78.000
79.000
At the mid-market rateWith the cheapest optionKey CurrencyRegency FXMoneyGram
Exchange rateFeeRecipient getsDifference
Mid-market rate 10.9369 – MAD 76,558.44
Sendwave Cheapest 10.9287 €0.00 MAD 76,500.69 −MAD 57.75
Key Currency 10.9096 €0.00 MAD 76,367.04 −MAD 191.40
Regency FX 10.9074 €0.00 MAD 76,351.73 −MAD 206.71
MoneyGram 10.8801 €2.50 MAD 76,160.70 −MAD 397.74
Exchange rateFeeRecipient getsDifference
Mid-market rate 11.0036 – MAD 77,025.44
Key Currency Cheapest 10.9761 €0.00 MAD 76,832.87 −MAD 192.57
Regency FX 10.9739 €0.00 MAD 76,817.47 −MAD 207.97
MoneyGram 10.8770 €2.50 MAD 76,139.00 −MAD 886.44
Exchange rateFeeRecipient getsDifference
Mid-market rate 10.9932 – MAD 76,952.18
Key Currency Cheapest 10.9657 €0.00 MAD 76,759.80 −MAD 192.38
Regency FX 10.9635 €0.00 MAD 76,744.41 −MAD 207.77
MoneyGram 10.9100 €0.99 MAD 76,370.00 −MAD 582.18
Exchange rateFeeRecipient getsDifference
Mid-market rate 11.0401 – MAD 77,280.46
Key Currency Cheapest 11.0125 €0.00 MAD 77,087.25 −MAD 193.21
Regency FX 11.0103 €0.00 MAD 77,071.80 −MAD 208.65
MoneyGram 10.9400 €2.50 MAD 76,580.00 −MAD 700.46
Exchange rateFeeRecipient getsDifference
Mid-market rate 11.1935 – MAD 78,354.44
Key Currency Cheapest 11.1655 €0.00 MAD 78,158.55 −MAD 195.89
Regency FX 11.1633 €0.00 MAD 78,142.88 −MAD 211.56
MoneyGram 11.0600 €0.99 MAD 77,420.00 −MAD 934.44
Exchange rateFeeRecipient getsDifference
Mid-market rate 11.1619 – MAD 78,132.99
Key Currency Cheapest 11.1340 €0.00 MAD 77,937.65 −MAD 195.34
Regency FX 11.1317 €0.00 MAD 77,922.03 −MAD 210.96
MoneyGram 11.0600 €0.99 MAD 77,420.00 −MAD 712.99
Exchange rateFeeRecipient getsDifference
Mid-market rate 11.1158 – MAD 77,810.72
Key Currency Cheapest 11.0880 €0.00 MAD 77,616.19 −MAD 194.53
Regency FX 11.0858 €0.00 MAD 77,600.63 −MAD 210.09
MoneyGram 11.0520 €0.99 MAD 77,364.00 −MAD 446.72
Exchange rateFeeRecipient getsDifference
Mid-market rate 11.1829 – MAD 78,280.47
Key Currency Cheapest 11.1550 €0.00 MAD 78,084.77 −MAD 195.70
Regency FX 11.1527 €0.00 MAD 78,069.12 −MAD 211.35
MoneyGram 11.1015 €2.50 MAD 77,710.50 −MAD 569.97
Exchange rateFeeRecipient getsDifference
Mid-market rate 11.1734 – MAD 78,213.86
Sendwave Cheapest 11.1654 €0.00 MAD 78,157.94 −MAD 55.92
Key Currency 11.1455 €0.00 MAD 78,018.33 −MAD 195.53
Regency FX 11.1432 €0.00 MAD 78,002.69 −MAD 211.17
MoneyGram 11.1372 €2.50 MAD 77,960.40 −MAD 253.46
Exchange rateFeeRecipient getsDifference
Mid-market rate 11.1510 – MAD 78,057.11
MoneyGram Cheapest 11.1374 €2.50 MAD 77,961.80 −MAD 95.31
Key Currency 11.1231 €0.00 MAD 77,861.97 −MAD 195.14
Regency FX 11.1209 €0.00 MAD 77,846.36 −MAD 210.75
Exchange rateFeeRecipient getsDifference
Mid-market rate 11.1542 – MAD 78,079.23
Key Currency Cheapest 11.1263 €0.00 MAD 77,884.03 −MAD 195.20
Regency FX 11.1241 €0.00 MAD 77,868.42 −MAD 210.81
MoneyGram 11.0481 €2.50 MAD 77,336.70 −MAD 742.53
Exchange rateFeeRecipient getsDifference
Mid-market rate 11.0179 – MAD 77,125.17
MoneyGram Cheapest 11.0228 €2.50 MAD 77,159.60 +MAD 34.43
Key Currency 10.9903 €0.00 MAD 76,932.35 −MAD 192.82
Regency FX 10.9881 €0.00 MAD 76,916.93 −MAD 208.24
Exchange rateFeeRecipient getsDifference
Mid-market rate 11.0179 – MAD 77,125.17
MoneyGram Cheapest 11.0228 €2.50 MAD 77,159.60 +MAD 34.43
Key Currency 10.9903 €0.00 MAD 76,932.35 −MAD 192.82
Regency FX 10.9881 €0.00 MAD 76,916.93 −MAD 208.24
Exchange rateFeeRecipient getsDifference
Mid-market rate 10.9991 – MAD 76,993.80
Key Currency Cheapest 10.9716 €0.00 MAD 76,801.31 −MAD 192.49
Regency FX 10.9694 €0.00 MAD 76,785.91 −MAD 207.89
MoneyGram 10.9113 €2.50 MAD 76,379.10 −MAD 614.70
Exchange rateFeeRecipient getsDifference
Mid-market rate 10.8379 – MAD 75,865.26
TapTap Send Cheapest 10.8500 €0.00 MAD 75,950.00 +MAD 84.74
MoneyGram 10.8237 €2.50 MAD 75,765.90 −MAD 99.36
Key Currency 10.8108 €0.00 MAD 75,675.59 −MAD 189.67
Regency FX 10.8086 €0.00 MAD 75,660.42 −MAD 204.84
Exchange rateFeeRecipient getsDifference
Mid-market rate 10.9231 – MAD 76,461.72
Sendwave Cheapest 10.9906 €0.00 MAD 76,934.27 +MAD 472.55
Key Currency 10.8958 €0.00 MAD 76,270.57 −MAD 191.15
Regency FX 10.8936 €0.00 MAD 76,255.27 −MAD 206.45
MoneyGram 10.8501 €0.99 MAD 75,950.70 −MAD 511.02
Exchange rateFeeRecipient getsDifference
Mid-market rate – – –
MoneyGram Cheapest 10.9301 €0.99 MAD 76,510.70 –
Key Currency No quote collected this day – – – –
Regency FX No quote collected this day – – – –
Exchange rateFeeRecipient getsDifference
Mid-market rate 11.0155 – MAD 77,108.39
TapTap Send Cheapest 11.0000 €0.00 MAD 77,000.00 −MAD 108.39
Key Currency 10.9879 €0.00 MAD 76,915.62 −MAD 192.77
Regency FX 10.9857 €0.00 MAD 76,900.20 −MAD 208.19
MoneyGram 10.9240 €2.50 MAD 76,468.00 −MAD 640.39
Exchange rateFeeRecipient getsDifference
Mid-market rate 10.9334 – MAD 76,533.68
Key Currency Cheapest 10.9060 €0.00 MAD 76,342.35 −MAD 191.33
Regency FX 10.9039 €0.00 MAD 76,327.04 −MAD 206.64
MoneyGram 10.8962 €2.50 MAD 76,273.40 −MAD 260.28
Exchange rateFeeRecipient getsDifference
Mid-market rate 10.9334 – MAD 76,533.68
Sendwave Cheapest 10.9174 €0.00 MAD 76,421.80 −MAD 111.88
Key Currency 10.9060 €0.00 MAD 76,342.35 −MAD 191.33
Regency FX 10.9039 €0.00 MAD 76,327.04 −MAD 206.64
MoneyGram 10.8962 €2.50 MAD 76,273.40 −MAD 260.28
Exchange rateFeeRecipient getsDifference
Mid-market rate 10.9198 – MAD 76,438.67
MoneyGram Cheapest 10.9175 €2.50 MAD 76,422.50 −MAD 16.17
Key Currency 10.8925 €0.00 MAD 76,247.57 −MAD 191.10
Regency FX 10.8903 €0.00 MAD 76,232.29 −MAD 206.38
Exchange rateFeeRecipient getsDifference
Mid-market rate 10.9845 – MAD 76,891.58
Key Currency Cheapest 10.9570 €0.00 MAD 76,699.35 −MAD 192.23
Regency FX 10.9549 €0.00 MAD 76,683.97 −MAD 207.61
MoneyGram 10.9080 €2.50 MAD 76,356.00 −MAD 535.58
Exchange rateFeeRecipient getsDifference
Mid-market rate 10.9727 – MAD 76,808.66
Sendwave Cheapest 10.9671 €0.00 MAD 76,769.91 −MAD 38.75
Key Currency 10.9452 €0.00 MAD 76,616.64 −MAD 192.02
Regency FX 10.9430 €0.00 MAD 76,601.28 −MAD 207.38
MoneyGram 10.9105 €2.50 MAD 76,373.50 −MAD 435.16
Exchange rateFeeRecipient getsDifference
Mid-market rate 11.0281 – MAD 77,196.92
Key Currency Cheapest 11.0006 €0.00 MAD 77,003.92 −MAD 193.00
Regency FX 10.9984 €0.00 MAD 76,988.49 −MAD 208.43
MoneyGram 10.9107 €2.50 MAD 76,374.90 −MAD 822.02
Exchange rateFeeRecipient getsDifference
Mid-market rate 10.9890 – MAD 76,922.73
Sendwave Cheapest 10.9667 €0.00 MAD 76,766.97 −MAD 155.76
Key Currency 10.9615 €0.00 MAD 76,730.42 −MAD 192.31
Regency FX 10.9593 €0.00 MAD 76,715.04 −MAD 207.69
MoneyGram 10.9501 €2.50 MAD 76,650.70 −MAD 272.03
Exchange rateFeeRecipient getsDifference
Mid-market rate 10.9957 – MAD 76,969.65
Sendwave Cheapest 10.9683 €0.00 MAD 76,778.03 −MAD 191.62
Key Currency 10.9682 €0.00 MAD 76,777.22 −MAD 192.43
Regency FX 10.9660 €0.00 MAD 76,761.83 −MAD 207.82
MoneyGram 10.9244 €2.50 MAD 76,470.80 −MAD 498.85
Exchange rateFeeRecipient getsDifference
Mid-market rate 10.9957 – MAD 76,969.65
Sendwave Cheapest 10.9683 €0.00 MAD 76,778.03 −MAD 191.62
Key Currency 10.9682 €0.00 MAD 76,777.22 −MAD 192.43
Regency FX 10.9660 €0.00 MAD 76,761.83 −MAD 207.82
MoneyGram 10.9244 €2.50 MAD 76,470.80 −MAD 498.85
Exchange rateFeeRecipient getsDifference
Mid-market rate – – –
MoneyGram Cheapest 10.9104 €2.50 MAD 76,372.80 –
Key Currency No quote collected this day – – – –
Regency FX No quote collected this day – – – –
Exchange rateFeeRecipient getsDifference
Mid-market rate 10.9895 – MAD 76,926.35
Key Currency Cheapest 10.9620 €0.00 MAD 76,734.03 −MAD 192.32
Regency FX 10.9598 €0.00 MAD 76,718.64 −MAD 207.71
MoneyGram No quote collected this day – – – –
Exchange rateFeeRecipient getsDifference
Mid-market rate 10.9715 – MAD 76,800.37
Key Currency Cheapest 10.9441 €0.00 MAD 76,608.37 −MAD 192.00
Regency FX 10.9419 €0.00 MAD 76,593.01 −MAD 207.36
MoneyGram 10.9220 €2.50 MAD 76,454.00 −MAD 346.37

Exchange rateFeeRecipient getsDifference

Each line shows what the recipient gets when you send €7,000, after fees, as quoted by each company. The mid-market line shows what €7,000 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 EUR 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 4 of the last 30 days.

Right now, Key Currency pays 76,608.37 MAD on 7,000 EUR, which is 192 MAD less than the mid-market amount.

Today's payout isn't the best this month though, since the highest receive amount was 78,158.55 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 94 comparisons to check how often today's top companies were the cheapest across 5 amounts over the past month.

  1. Key CurrencyAppeared in 28 comparisons

    Cheapest in 50% of them

  2. Regency FXAppeared in 28 comparisons

    Never the cheapest

  3. MoneyGramAppeared in 92 comparisons

    Cheapest in 8% of them

Based on 94 comparisons across 5 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 Key Currency is the cheapest, but it only quotes some of the amounts we track, so it isn't included in these figures.

Ways to send money from Italy to Morocco

10 companies send money from Italy to Morocco. You can send EUR via app, broker, online, global account, multi-currency account, and in person, and more below.

Regular transfers

Money transfer apps

For the regular transfer home, an app like MoneyGram is the easiest and most convenient option.

Over the past month, MoneyGram was the cheapest app on 45% of the days it appeared for €7,000 transfers.

MoneyGram charges €2.5 on a €7,000 transfer, and 76,454 MAD lands in a mobile wallet in seconds, no bank account needed on their side.

For one-off transfers

Online transfers

Outside the euro transfers, a bank transfer passes through intermediary banks, and each one can take a cut along the way.

Online services skip this and use their own network (it’s much cheaper).

MoneyGram delivers 76,454 MAD on €7,000 with a €2.5 fee and 0.45% markup.

In our comparisons over the past month, it was the cheapest online service on 29 of the 29 days it quoted.

Sending large sums

Currency brokers

Managed services charge no fees and work on margin instead, and the more you send to Morocco, the better rate you will get.

Key Currency charges no fee and adds 0.25% on EUR/MAD rate.

Our analysis shows Key Currency was the cheapest broker in 100% of the transfers from €5,000 it quoted.

Travelling and receiving

Multi-currency accounts

If you travel to Morocco often, or receive payments from there, this is the best option.

Multi-currency accounts let you hold EUR and MAD in one account, and give you local details.

I suggest trying Revolut.

Over the past month, it came out cheapest among multi-currency accounts on 69% of days.

It holds EUR and MAD balances and charges small fees to convert between them.

For business payments

Global accounts

Global accounts are for businesses and freelancers with a partita IVA, paying suppliers abroad, invoicing foreign clients, holding a few currencies.

A few good options are Wise Business, Airwallex, and Payoneer.

Ways to fund EUR and receive MAD in Morocco

With Key Currency, paying by bank transfer and receiving through bank deposit is the cheapest combination. Sending €7,000 gives your recipient 76,608.37 MAD.

In Italy, you can pay by bank transfer, debit card, credit card, and iDEAL.

Satispay and Bancomat Pay are mainly domestic payment methods, they do not send MAD to Morocco by themselves.

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

In Morocco, they can collect cash through .

They need to take a photo ID and the collection reference to a participating location in Morocco.

  1. 1
    Bank transfer Bank deposit

    You pay €7,000.00

    DH76,608

    Cheapest

  2. 2
    Bank transfer Cash pickup

    You pay €7,002.50

    DH76,454

    -DH154

  3. 3
    Debit card Cash pickup

    You pay €7,002.50

    DH76,454

    -DH154

  4. 4
    Credit card Cash pickup

    You pay €7,002.50

    DH76,454

    -DH154

  5. 5
    Debit card Bank deposit

    You pay €7,000.00

    DH76,440

    -DH168

Show moreShow less
  1. 6
    Debit card Mobile money

    You pay €7,000.00

    DH76,440

    -DH168

  2. 7
    Debit card Mobile wallet

    You pay €7,002.50

    DH76,440

    -DH168

  3. 8
    Credit card Bank deposit

    You pay €7,000.99

    DH76,301

    -DH308

  4. 9
    Debit card Card deposit

    You pay €7,004.99

    DH75,278

    -DH1,330

  5. 10
    Credit card Card deposit

    You pay €7,004.99

    DH75,278

    -DH1,330

  6. 11
    iDEAL Bank deposit

    You pay €7,000.00

    DH75,097

    -DH1,511

Consider this when sending money from Italy to Morocco

For a transfer from Italy, compare the amount received first. Then check whether you are making a SEPA payment, an extra-SEPA transfer or a cash-agent remittance, because each works differently.

Compare money transfer options

These are the leading options for a €7,000 transfer to Morocco.

Cheapest way to send money to Morocco

The cheapest option is Key Currency, funded by bank transfer with bank deposit for the payout. Your recipient gets 76,608.37 MAD, which is 0.02% more than the next best option.

Fastest way to send money to Morocco

The fastest option is TapTap Send. Pay by debit card and choose bank deposit for the payout. Your recipient gets 76,440 MAD, with the money arriving in minutes.

SEPA only covers the first leg

A bonifico can move euros from your Italian bank to the transfer company through SEPA.

Companies like Key Currency then convert the money into MAD and pay your recipient in Morocco through a local bank, a wallet, or a cash-pickup network.

SEPA may fund the transfer quickly, but the delivery time depends on the local payout method.

Check the agent when paying in person

In Italy, the term "money transfer" often means a cash-agent shop rather than an online bank transfer.

The Banca d'Italia confirms that money remittance must be provided by a bank, electronic money institution or authorised payment institution.

Their Italian agents must appear in the OAM register.

Prepare for anti-money-laundering checks

Italian banks and transfer companies can pause a large, unusual or poorly explained payment while they check its purpose and source.

Use a clear causale and keep the document that explains the money ready.

For property proceeds, tuition or moving savings, tell the bank before the transfer is due.

If a payment-service complaint is not resolved directly, the Arbitro Bancario Finanziario is the Italian financial ombudsman route.

How we analyse the market

Every company here is registered with Banca d'Italia or passported in from elsewhere in the EU.

We track 10 of them on EUR to Morocco, comparing rates, fees and the ways to pay in and collect, updated in real time on live comparisons.

In the past 30 days alone, we analysed 94 comparisons across 5 amounts.

This page covers the cheapest and fastest options for EUR/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.

Nothing appears without passing our review.

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