Revolut is the fastest way to send money to Morocco from Singapore right now, with delivery in same day. Key Currency is cheapest overall, paying out 76,788.79 MAD for a S$10,000 transfer.
| 7 of 7 providers Last updated on 28 October 2026 | |||
| Based on 10,000 SGD transfer Best companies for SGD/MAD transfers | |||
| Promoted  Wise Pay via Bank transfer | Fee $183.72 1 SGD = 7.6870 MAD +0.14% vs mid-market | Recipient gets MAD 75,458.04 Same day | |
Ways to receive money in Morocco with Wise when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositSame dayAvailable via:Bank Transfer $183.721 SGD = 7.6870 MAD MAD 75,458.04You pay$10,000.00 | |||
| Promoted  Xe Pay via Bank transfer | Fee $0.00 1 SGD = 7.5161 MAD +2.39% vs mid-market | Recipient gets MAD 75,160.80 Minutes - 24 hours | |
Ways to receive money in Morocco with Xe when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositMinutes - 24 hours Free1 SGD = 7.5161 MAD MAD 75,160.80You pay$10,000.00 | |||
Run a live search Showing top Singapore to Morocco deals for 10,000 SGD. 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 SGD 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 SGD you're planning to spend in Morocco. | |||
Run a live search These are managed services with real human support for large SGD transfers. Click the link and update the transfer amount to get the best deal. | |||
| Exclusive: Special Rate for 1st Transfer  Key Currency Pay via Bank transfer | Fee $0.00 1 SGD = 7.6789 MAD +0.25% vs mid-market | Recipient gets MAD 76,788.79 Minutes - 3 days | |
Ways to receive money in Morocco with Key Currency when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositMinutes - 3 days Free1 SGD = 7.6789 MAD MAD 76,788.79You pay$10,000.00 | |||
| Exclusive: First Transfer Deal  Regency FX Pay via Bank transfer | Fee $0.00 1 SGD = 7.6773 MAD +0.27% vs mid-market | Recipient gets MAD 76,773.39 Minutes - 24 hours | |
Ways to receive money in Morocco with Regency FX when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositMinutes - 24 hours Free1 SGD = 7.6773 MAD MAD 76,773.39You pay$10,000.00 | |||
 OFX Pay via Bank transfer | Fee $0.00 1 SGD = 7.6596 MAD +0.50% vs mid-market | Recipient gets MAD 76,596.33 Minutes - 24 hours | |
Ways to receive money in Morocco with OFX when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositMinutes - 24 hours Free1 SGD = 7.6596 MAD MAD 76,596.33You pay$10,000.00 | |||
| Pricing based on Revolut Standard plan  Revolut Pay via Bank transfer | Fee $54.30 1 SGD = 7.6817 MAD +0.21% vs mid-market | Recipient gets MAD 76,399.83 Same day | |
Ways to receive money in Morocco with Revolut when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositSame day $54.301 SGD = 7.6817 MAD MAD 76,399.83You pay$10,000.00 | |||
| 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. | |||
 Moneycorp Pay via Bank transfer | Fee $0.00 1 SGD = 7.5904 MAD +1.40% vs mid-market | Recipient gets MAD 75,903.50 Minutes - 2 days | |
Ways to receive money in Morocco with Moneycorp when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositMinutes - 2 days Free1 SGD = 7.5904 MAD MAD 75,903.50You pay$10,000.00 | |||
| Pricing based on Revolut Standard plan Revolut Pay via Debit card | Fee $131.75 1 SGD = 7.6817 MAD +0.21% vs mid-market | Recipient gets MAD 75,804.89 Within minutes | |
Ways to receive money in Morocco with Revolut when paying by debit card. MethodFee & ratesRecipient gets Bank depositWithin minutes $131.751 SGD = 7.6817 MAD MAD 75,804.89You pay$10,000.00 | |||
| 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 $183.72 1 SGD = 7.6870 MAD +0.14% vs mid-market | Recipient gets MAD 75,458.04 Same day | |
Ways to receive money in Morocco with Wise when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositSame dayAvailable via:Bank Transfer $183.721 SGD = 7.6870 MAD MAD 75,458.04You pay$10,000.00 | |||
| Wise Pay via PayNow | Fee $183.72 1 SGD = 7.6870 MAD +0.14% vs mid-market | Recipient gets MAD 75,458.04 Same day | |
Ways to receive money in Morocco with Wise when paying by paynow. MethodFee & ratesRecipient gets Bank depositSame dayAvailable via:Bank Transfer $183.721 SGD = 7.6870 MAD MAD 75,458.04You pay$10,000.00 | |||
| Xe Pay via Bank transfer | Fee $0.00 1 SGD = 7.5161 MAD +2.39% vs mid-market | Recipient gets MAD 75,160.80 Minutes - 24 hours | |
Ways to receive money in Morocco with Xe when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositMinutes - 24 hours Free1 SGD = 7.5161 MAD MAD 75,160.80You pay$10,000.00 | |||
| Wise Pay via Debit card | Fee $626.52 1 SGD = 7.6870 MAD +0.14% vs mid-market | Recipient gets MAD 72,054.22 Same day | |
Ways to receive money in Morocco with Wise when paying by debit card. MethodFee & ratesRecipient gets Bank depositSame dayAvailable via:Bank Transfer $626.521 SGD = 7.6870 MAD MAD 72,054.22You pay$10,000.00 | |||
| How Our Results Work Mid-market rate: 1 SGD = 7.6981 MAD Updates every 60 minutes. | |||
Transfer details
I suggest starting with Key Currency which is the cheapest option for sending S$10,000.
Key Currency was the cheapest on 23 of the 25 days it quoted S$10,000 transfers to Morocco.
There are 3 methods to fund the transfer from Singapore, including bank transfer, debit card, and paynow.
Where possible, use PayNow to fund your account, it is usually free and takes seconds.
Before you can send money to Morocco, you'll need to verify your account using Singpass, or a passport and pass if you're not a resident.
How much SGD 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 92% of the transfers from S$5,000 it quoted, and in 92% of all the transfers it quoted.
| Cheapest service | |||||
|---|---|---|---|---|---|
| $1,000 | 0.19% | $4.30 | MAD 7,649.62with bank transfer to bank deposit | +MAD 153.11 | |
| $5,000 | 0.18% | $4.30 | MAD 38,379.63with bank transfer to bank deposit | +MAD 807.52 | |
| $10,000This page | 0.25% | $0.00 | MAD 76,788.79with bank transfer to bank deposit | +MAD 1,149.01 |
Mid-market rate: 1 SGD = 7.6981 MAD
The cheapest way to send SGD 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 10,000 SGD transfers to Morocco.
Wed, 28 Oct 2026Mid-market rateMAD 76,981.24 Key Currency MAD 76,788.79Key CurrencyMAD 76,788.79Regency FXMAD 76,773.39OFXMAD 76,596.33
| Exchange rate | Fee | Recipient gets | Difference | |
|---|---|---|---|---|
| Mid-market rate | 7.5338 | – | MAD 75,338.41 | |
| | 7.5150 | $0.00 | MAD 75,150.06 | −MAD 188.35 |
| | 7.5135 | $0.00 | MAD 75,135.00 | −MAD 203.41 |
| | 7.4962 | $0.00 | MAD 74,961.72 | −MAD 376.69 |
| Exchange rate | Fee | Recipient gets | Difference | |
|---|---|---|---|---|
| Mid-market rate | 7.5919 | – | MAD 75,919.06 | |
| | 7.5729 | $0.00 | MAD 75,729.26 | −MAD 189.80 |
| | 7.5714 | $0.00 | MAD 75,714.08 | −MAD 204.98 |
| | 7.5539 | $0.00 | MAD 75,539.46 | −MAD 379.60 |
| Exchange rate | Fee | Recipient gets | Difference | |
|---|---|---|---|---|
| Mid-market rate | – | – | – | |
| | 7.5877 | $65.00 | MAD 75,383.83 | – |
| | – | – | – | – |
| | – | – | – | – |
| | – | – | – | – |
| Exchange rate | Fee | Recipient gets | Difference | |
|---|---|---|---|---|
| Mid-market rate | – | – | – | |
| | 7.6484 | $65.00 | MAD 75,987.08 | – |
| | – | – | – | – |
| | – | – | – | – |
| | – | – | – | – |
| Exchange rate | Fee | Recipient gets | Difference | |
|---|---|---|---|---|
| Mid-market rate | 7.7741 | – | MAD 77,740.65 | |
| | 7.7546 | $0.00 | MAD 77,546.30 | −MAD 194.35 |
| | 7.7531 | $0.00 | MAD 77,530.75 | −MAD 209.90 |
| | 7.7352 | $0.00 | MAD 77,351.95 | −MAD 388.70 |
| Exchange rate | Fee | Recipient gets | Difference | |
|---|---|---|---|---|
| Mid-market rate | 7.7533 | – | MAD 77,533.05 | |
| | 7.7339 | $0.00 | MAD 77,339.22 | −MAD 193.83 |
| | 7.7324 | $0.00 | MAD 77,323.71 | −MAD 209.34 |
| | 7.7145 | $0.00 | MAD 77,145.38 | −MAD 387.67 |
| Exchange rate | Fee | Recipient gets | Difference | |
|---|---|---|---|---|
| Mid-market rate | 7.7538 | – | MAD 77,537.62 | |
| | 7.7851 | $65.00 | MAD 77,345.43 | −MAD 192.19 |
| | 7.7344 | $0.00 | MAD 77,343.78 | −MAD 193.84 |
| | 7.7328 | $0.00 | MAD 77,328.27 | −MAD 209.35 |
| | 7.7150 | $0.00 | MAD 77,149.93 | −MAD 387.69 |
| Exchange rate | Fee | Recipient gets | Difference | |
|---|---|---|---|---|
| Mid-market rate | 7.7887 | – | MAD 77,886.79 | |
| | 7.7692 | $0.00 | MAD 77,692.07 | −MAD 194.72 |
| | 7.7676 | $0.00 | MAD 77,676.50 | −MAD 210.29 |
| | 7.7497 | $0.00 | MAD 77,497.36 | −MAD 389.43 |
| Exchange rate | Fee | Recipient gets | Difference | |
|---|---|---|---|---|
| Mid-market rate | 7.7901 | – | MAD 77,901.13 | |
| | 7.7706 | $0.00 | MAD 77,706.38 | −MAD 194.75 |
| | 7.7691 | $0.00 | MAD 77,690.80 | −MAD 210.33 |
| | 7.7512 | $0.00 | MAD 77,511.62 | −MAD 389.51 |
| Exchange rate | Fee | Recipient gets | Difference | |
|---|---|---|---|---|
| Mid-market rate | 7.7784 | – | MAD 77,784.30 | |
| | 7.7590 | $0.00 | MAD 77,589.84 | −MAD 194.46 |
| | 7.7574 | $0.00 | MAD 77,574.28 | −MAD 210.02 |
| | 7.7395 | $0.00 | MAD 77,395.38 | −MAD 388.92 |
| Exchange rate | Fee | Recipient gets | Difference | |
|---|---|---|---|---|
| Mid-market rate | 7.7630 | – | MAD 77,630.01 | |
| | 7.7436 | $0.00 | MAD 77,435.93 | −MAD 194.08 |
| | 7.7420 | $0.00 | MAD 77,420.41 | −MAD 209.60 |
| | 7.7242 | $0.00 | MAD 77,241.86 | −MAD 388.15 |
| Exchange rate | Fee | Recipient gets | Difference | |
|---|---|---|---|---|
| Mid-market rate | 7.6860 | – | MAD 76,860.04 | |
| | 7.6668 | $0.00 | MAD 76,667.89 | −MAD 192.15 |
| | 7.6653 | $0.00 | MAD 76,652.52 | −MAD 207.52 |
| | 7.6476 | $0.00 | MAD 76,475.74 | −MAD 384.30 |
| Exchange rate | Fee | Recipient gets | Difference | |
|---|---|---|---|---|
| Mid-market rate | 7.6860 | – | MAD 76,860.04 | |
| | 7.6668 | $0.00 | MAD 76,667.89 | −MAD 192.15 |
| | 7.6653 | $0.00 | MAD 76,652.52 | −MAD 207.52 |
| | 7.6476 | $0.00 | MAD 76,475.74 | −MAD 384.30 |
| Exchange rate | Fee | Recipient gets | Difference | |
|---|---|---|---|---|
| Mid-market rate | 7.6675 | – | MAD 76,674.52 | |
| | 7.6483 | $0.00 | MAD 76,482.83 | −MAD 191.69 |
| | 7.6467 | $0.00 | MAD 76,467.50 | −MAD 207.02 |
| | 7.6291 | $0.00 | MAD 76,291.15 | −MAD 383.37 |
| Exchange rate | Fee | Recipient gets | Difference | |
|---|---|---|---|---|
| Mid-market rate | – | – | – | |
| | 7.6067 | $65.00 | MAD 75,572.16 | – |
| | – | – | – | – |
| | – | – | – | – |
| | – | – | – | – |
| Exchange rate | Fee | Recipient gets | Difference | |
|---|---|---|---|---|
| Mid-market rate | 7.5765 | – | MAD 75,765.07 | |
| | 7.6768 | $65.00 | MAD 76,268.52 | +MAD 503.45 |
| | 7.5576 | $0.00 | MAD 75,575.66 | −MAD 189.41 |
| | 7.5561 | $0.00 | MAD 75,560.50 | −MAD 204.57 |
| | 7.5386 | $0.00 | MAD 75,386.24 | −MAD 378.83 |
| Exchange rate | Fee | Recipient gets | Difference | |
|---|---|---|---|---|
| Mid-market rate | 7.6357 | – | MAD 76,357.37 | |
| | 7.6166 | $0.00 | MAD 76,166.48 | −MAD 190.89 |
| | 7.6151 | $0.00 | MAD 76,151.21 | −MAD 206.16 |
| | 7.5976 | $0.00 | MAD 75,975.58 | −MAD 381.79 |
| Exchange rate | Fee | Recipient gets | Difference | |
|---|---|---|---|---|
| Mid-market rate | 7.6583 | – | MAD 76,583.38 | |
| | 7.6392 | $0.00 | MAD 76,391.92 | −MAD 191.46 |
| | 7.6377 | $0.00 | MAD 76,376.60 | −MAD 206.78 |
| | 7.6200 | $0.00 | MAD 76,200.46 | −MAD 382.92 |
| Exchange rate | Fee | Recipient gets | Difference | |
|---|---|---|---|---|
| Mid-market rate | – | – | – | |
| | 7.6240 | $183.72 | MAD 74,838.93 | – |
| | – | – | – | – |
| | – | – | – | – |
| | – | – | – | – |
| Exchange rate | Fee | Recipient gets | Difference | |
|---|---|---|---|---|
| Mid-market rate | 7.5888 | – | MAD 75,888.25 | |
| | 7.5699 | $0.00 | MAD 75,698.53 | −MAD 189.72 |
| | 7.5683 | $0.00 | MAD 75,683.35 | −MAD 204.90 |
| | 7.5509 | $0.00 | MAD 75,508.81 | −MAD 379.44 |
| Exchange rate | Fee | Recipient gets | Difference | |
|---|---|---|---|---|
| Mid-market rate | 7.6156 | – | MAD 76,155.66 | |
| | 7.5965 | $0.00 | MAD 75,965.27 | −MAD 190.39 |
| | 7.5950 | $0.00 | MAD 75,950.04 | −MAD 205.62 |
| | 7.5775 | $0.00 | MAD 75,774.88 | −MAD 380.78 |
| Exchange rate | Fee | Recipient gets | Difference | |
|---|---|---|---|---|
| Mid-market rate | 7.6521 | – | MAD 76,520.95 | |
| | 7.6330 | $0.00 | MAD 76,329.65 | −MAD 191.30 |
| | 7.6314 | $0.00 | MAD 76,314.34 | −MAD 206.61 |
| | 7.6138 | $0.00 | MAD 76,138.35 | −MAD 382.60 |
| Exchange rate | Fee | Recipient gets | Difference | |
|---|---|---|---|---|
| Mid-market rate | 7.6545 | – | MAD 76,544.93 | |
| | 7.6354 | $0.00 | MAD 76,353.57 | −MAD 191.36 |
| | 7.6338 | $0.00 | MAD 76,338.26 | −MAD 206.67 |
| | 7.6162 | $0.00 | MAD 76,162.21 | −MAD 382.72 |
| Exchange rate | Fee | Recipient gets | Difference | |
|---|---|---|---|---|
| Mid-market rate | – | – | – | |
| | 7.6578 | $65.00 | MAD 76,079.75 | – |
| | – | – | – | – |
| | – | – | – | – |
| | – | – | – | – |
| Exchange rate | Fee | Recipient gets | Difference | |
|---|---|---|---|---|
| Mid-market rate | 7.6745 | – | MAD 76,745.32 | |
| | 7.6553 | $0.00 | MAD 76,553.46 | −MAD 191.86 |
| | 7.6538 | $0.00 | MAD 76,538.11 | −MAD 207.21 |
| | 7.6362 | $0.00 | MAD 76,361.59 | −MAD 383.73 |
| Exchange rate | Fee | Recipient gets | Difference | |
|---|---|---|---|---|
| Mid-market rate | 7.6870 | – | MAD 76,869.56 | |
| | 7.6677 | $0.00 | MAD 76,677.39 | −MAD 192.17 |
| | 7.6662 | $0.00 | MAD 76,662.01 | −MAD 207.55 |
| | 7.6485 | $0.00 | MAD 76,485.21 | −MAD 384.35 |
| Exchange rate | Fee | Recipient gets | Difference | |
|---|---|---|---|---|
| Mid-market rate | 7.6870 | – | MAD 76,869.56 | |
| | 7.6677 | $0.00 | MAD 76,677.39 | −MAD 192.17 |
| | 7.6662 | $0.00 | MAD 76,662.01 | −MAD 207.55 |
| | 7.6485 | $0.00 | MAD 76,485.21 | −MAD 384.35 |
| Exchange rate | Fee | Recipient gets | Difference | |
|---|---|---|---|---|
| Mid-market rate | 7.6598 | – | MAD 76,598.13 | |
| | 7.6407 | $0.00 | MAD 76,406.63 | −MAD 191.50 |
| | 7.6391 | $0.00 | MAD 76,391.32 | −MAD 206.81 |
| | 7.6215 | $0.00 | MAD 76,215.14 | −MAD 382.99 |
| Exchange rate | Fee | Recipient gets | Difference | |
|---|---|---|---|---|
| Mid-market rate | 7.6813 | – | MAD 76,813.04 | |
| | 7.6621 | $0.00 | MAD 76,621.01 | −MAD 192.03 |
| | 7.6606 | $0.00 | MAD 76,605.64 | −MAD 207.40 |
| | 7.6429 | $0.00 | MAD 76,428.97 | −MAD 384.07 |
| Exchange rate | Fee | Recipient gets | Difference | |
|---|---|---|---|---|
| Mid-market rate | 7.6981 | – | MAD 76,981.24 | |
| | 7.6789 | $0.00 | MAD 76,788.79 | −MAD 192.45 |
| | 7.6773 | $0.00 | MAD 76,773.39 | −MAD 207.85 |
| | 7.6596 | $0.00 | MAD 76,596.33 | −MAD 384.91 |
| Exchange rate | Fee | Recipient gets | Difference |
|---|
| Mid-market rate | 7.6981 | – | MAD 76,981.24 | |
|---|---|---|---|---|
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Each line shows what the recipient gets when you send $10,000, after fees, as quoted by each company. The mid-market line shows what $10,000 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 SGD 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 1 of the last 30 days.
Right now, Key Currency pays 76,788.79 MAD on 10,000 SGD, which is 192.45 MAD less than the mid-market amount.
Today's payout isn't the best this month though, since the highest receive amount was 77,706.38 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.
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 76 comparisons to check how often today's top companies were the cheapest across 3 amounts over the past month.
Cheapest every time
Never the cheapest
Cheapest in 25% of them
Based on 21 comparisons across 3 amounts over the last 7 days.
Cheapest in 92% of them
Never the cheapest
Cheapest in 31% of them
Based on 76 comparisons across 3 amounts over the last 30 days.
Cheapest in 91% of them
Never the cheapest
Cheapest in 30% of them
Based on 91 comparisons across 3 amounts over the last 90 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.
There are 5 ways to send money to Morocco across 7 money transfer companies.
Cheapest way to send money
Sending MAD from Singapore with a specialist like Revolut is quick, easy, and cheap.
You sign up online or through the app, verify account details, enter the amount, fund your transfer, and click send.
Revolut charges S$54.3 to send S$10,000, delivering 76,399.83 MAD after a 0.21% markup.
In our comparisons over the past month, it was the cheapest online service on 20 of the 29 days it quoted.
Large transfers from Singapore
Brokers are the best for large SGD transfers to Morocco.
A currency broker can quote a lower margin on large SGD to MAD transfers and help with the paperwork and the entire process.
For example, Key Currency charges an exchange-rate markup of around 0.25% and no fees.
Our analysis shows Key Currency was the cheapest broker in 100% of the transfers from S$5,000 it quoted.
Large transfers may be held briefly for Singapore’s anti-scam checks, so if your transfer is time sensitive, start the process a bit earlier.
Regular spending abroad
A multi-currency account like Revolut lets you convert SGD to MAD before travelling or paying your own bills overseas.
And you can hold both currencies in one account.
Revolut will get you 76,399.83 MAD after fees when converting 10,000 SGD.
Over the past month, it came out cheapest among multi-currency accounts on 72% of days.
With Key Currency, paying by bank transfer and receiving through bank deposit is the cheapest combination. Sending S$10,000 gives your recipient 76,788.79 MAD.
Pay in SGD through bank transfer, debit card, and paynow.
Funding the transfer with PayNow
This is the quickest and simplest way to pay for your transfer to Morocco from Singapore.
Scan the company's PayNow QR code or use its registered identifier.
In Morocco, they can receive MAD using bank deposit.
You pay S$10,000.00
DH76,789
Cheapest
You pay S$10,000.00
DH75,805
-DH984
You pay S$10,000.00
DH75,458
-DH1,331
Consider these things before sending money from Singapore to Morocco.
For a S$10,000 transfer to Morocco, these are the best options to start with:
Cheapest: Key Currency, funded by bank transfer with bank deposit for the payout. Your recipient gets 76,788.79 MAD, which is 0.02% more than the next best option.
Fastest: Revolut, funded through bank transfer with bank deposit for the payout. Your recipient gets 76,399.83 MAD in same day.
Eligible SGD deposits at participating banks are insured by SDIC up to S$100,000 per depositor and bank.
A balance with a non-bank transfer company is not a bank deposit and does not receive the same cover, even when the company is MAS-licensed.
When unsure, check the legal company in the MAS Financial Institutions Directory before paying.
Every company here holds a MAS licence, which you can check yourself on the MAS register.
We track 7 of them on SGD to Morocco, refreshed in real time on live searches, and compare on the amount that arrives rather than the headline fee.
In the past 30 days alone, we analysed 76 comparisons across 3 amounts.
This page covers the cheapest and fastest options for SGD/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.
Each goes through our review. More on who we are, why you can trust us and how to get started.
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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