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

A comparison of providers offering services between the Netherlands and Morocco is paramount. Based on your specific transfer amount, the best way to send money to Morocco could change. Comparing ensures the best price for your needs.

At the moment, we found these providers to be the best for EUR/MAD

• Overall, we rated Wise as the best, but remember comparing for your specific transfer gives you a comprehensive view of all the options for transferring money from the Netherlands to Morocco. Transferring 7,000 EUR to MAD will cost you €145.26 in fees, and you will receive 73,998.29 MAD. The delivery time can take within a week, but it depends on the day you make the transfer.

• We compared 9 money transfer companies and Key Currency offers the cheapest transfer service between the Netherlands and Morocco. Key Currency fees are 0 EUR per transfer and you can expect an exchange rate between EUR-MAD that is 0.25% different to the mid-market rate.

• Fastest way to send money to Morocco from the Netherlands is with Taptap Send.

For services allowing you to send Euro to Morocco we've compared 9 providers.

This coverage of the market ensure you will get the best options for your transfer to Morocco from the Netherlands.

A better exchange rate means more Euro being sent to Morocco. This exchange rate determines the price you will pay when buying Moroccan Dirham.

Currently the mid-market rate between Euro and Moroccan Dirham is 10.7919.

The cost of sending money from Morocco to Morocco, is made-up of a combination of fees and exchange rates:

• The Mid-Market and Exchange Rates: The mid-market rate determines a mid-price for buying currency. The current mid-market rate from EUR-MAD is 10.7919 MAD per Euro.

• Fees: Outside of exchange rates, you may need to pay a fee to send. Key Currency currently offers the lowest fees on transfers to Morocco from the Netherlands, costing 0 EUR per transfer. Although this does include large transfers as well, we recommend searching for your exact send amount for an exact fee.

• Amount Received: The amount received in Moroccan Dirham is the amount you started with, minus the amount you paid in the exchange and fees.

The better deal you get on exchanging Euros to MAD, paired with a low fee, means a higher total amount received in Morocco.

If you’re sending a large amount where this rate could make a significant difference, use a forward contract. This allows you to lock in an agreed exchange rate between the Netherlands and Morocco.

A bank transfer through a money transfer company is the cheapest way to send money. Generally, it’s the payment method that will get you the best price on a transfer from the Netherlands to Morocco at this moment.

Here are all the ways to send money from Netherlands to Morocco:

Bank transfers

Bank transfers are usually the best and easiest way to send money from the Netherlands to Morocco.

By using a money transfer company such as Key Currency for transfers from the Netherlands to Morocco, you can send money via a bank transfer while benefitting from lower fees and more favorable exchange rates than you would get from a traditional bank.

Debit and prepaid cards

Sending money from the Netherlands to Morocco with a debit or a prepaid card is available through Wise.


Wise is a one of the cheaper options for debit card payments for transfers from the Netherlands to Morocco. This cost is against a total of 9 money transfer companies offering this option.

Credit cards

When it comes to international credit card transfers from the Netherlands to Morocco, we recommend comparing your options to get the best deal.

Be aware of fees: using a credit card to transfer money often results in a fee being charged by your card issuer. Where possible, we recommend a bank transfer or debit card payment.

and have different financial regulators and ensuring you fully understand how these work will aid in keeping your money safe.

We’ve put together a directory of worldwide financial regulators which contains details on regulation for money transfers between Netherlands and Morocco.

Transfer limits to the Netherlands and Morocco will differ per company, this may impact the amount you can send and receive if you hit the limits.

Also, rates and fees for different EUR-MAD transfer amounts could change - that’s why it’s best to compare companies for your specific transfer amount. Then, for regular transfers to Morocco, shopping around each time can make a huge difference if you feel you are hitting limits regularly.

For sending large or regular amounts of EUR to Morocco we'd recommend using Wise. They offer a combination of rates and fees when sending from the Netherlands to Morocco that is the most competitive.

There are different ways to receive money in Morocco.

The most popular ways are direct bank deposit into Moroccan Dirham, cash pickup, a mobile wallet or receiving money into a multi-currency account.

Not all providers offering money transfers between the Netherlands and Morocco will offer every method for incoming Moroccan Dirham.

Understanding where the money will eventually go after its left the Netherlands and entered Morocco could impact the provider you use.

The most common (and generally easiest) way to send money from the Netherlands to Morocco is directly into a bank account. Wise is the best company for sending money from the Netherlands to a bank account in Morocco.

And if you need cash right away, check if cash pickup is an option for transfers between Netherlands and Morocco.

Mobile wallets, P2P services and payment apps like PayPal, Xoom, and CashApp are popular because they offer convenience to those who already have them, but they come with more limitations and higher costs.

When sending Moroccan Dirhams to Morocco, you will need to verify your ID at the sign up stage.

The documents you need will vary by money transfer company and in some cases you might need a couple of options.

For the most part however, in the Netherlands ID can be verified through a government issued ID such as a passport or driver's license.

In Morocco, if the recipient needs an ID to collect money - both should be accepted. We’d recommend checking in advance before sending for any specific requirements on receiving money.

Large transactions between the Netherlands and Morocco, are subject to additional checks such as proof of funds. This is for anti-money laundering purposes.

Wise is one of our recommended providers for transfers to Morocco from the Netherlands due to the ease of sign up and ID verification.

When sending money between Netherlands and Morocco there will be tax declarations to consider.

Some transfers into Moroccan Dirham may need to be reported to tax authorities in Morocco, particularly where inheritance or property purchases are involved (or anywhere else there are additional legal requirements).

Depending on age and income in particular, tax limits and personal allowances will change in Morocco.

When in doubt, please contact a tax professional in the Netherlands or Morocco to discuss the personal circumstances of the transfer. This ensures you are not missing any specific tax declarations associated with your circumstances.