Best companies for TRY/MAD transfers
4 of 4 providers Last updated on 28 September 2026
Based on 100,000 TRY transfer Best companies for TRY/MAD transfers Sort Cheapest
Promoted Wise Pay via Bank transfer	Fee ₺2,357.79 1 TRY = 0.1964 MAD -0.13% vs mid-market	Recipient gets MAD 19,173.90 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 ₺2,357.791 TRY = 0.1964 MAD MAD 19,173.90You pay₺100,000.00
Run a live search Showing top Turkey to Morocco deals for 100,000 TRY. 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 TRY 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 TRY you're planning to spend in Morocco.
Run a live search These are managed services with real human support for large TRY transfers. Click the link and update the transfer amount to get the best deal.
Exclusive: First Transfer Deal Regency FX Pay via Bank transfer	Fee ₺0.00 1 TRY = 0.1956 MAD +0.27% vs mid-market	Recipient gets MAD 19,558.25 Minutes - 24 hours
0 reviews CheapestFastest Personal account manager
Ways to receive money in Morocco with Regency FX when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositMinutes - 24 hours Free1 TRY = 0.1956 MAD MAD 19,558.25You pay₺100,000.00
Cambridge Currencies Pay via Bank transfer	Fee ₺0.00 1 TRY = 0.1948 MAD +0.65% vs mid-market	Recipient gets MAD 19,483.73 Minutes - 24 hours
0 reviews Personal account manager
Ways to receive money in Morocco with Cambridge Currencies when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositMinutes - 24 hours Free1 TRY = 0.1948 MAD MAD 19,483.73You pay₺100,000.00
Moneycorp Pay via Bank transfer	Fee ₺0.00 1 TRY = 0.1928 MAD +1.70% vs mid-market	Recipient gets MAD 19,277.81 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 TRY = 0.1928 MAD MAD 19,277.81You pay₺100,000.00
Wise Pay via Bank transfer	Fee ₺2,357.79 1 TRY = 0.1964 MAD -0.13% vs mid-market	Recipient gets MAD 19,173.90 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 ₺2,357.791 TRY = 0.1964 MAD MAD 19,173.90You pay₺100,000.00
How Our Results Work Mid-market rate: 1 TRY = 0.1961 MAD Updates every 60 minutes.

Why compare

TRY/MAD exchange rate

Best ways to pay & receive

Transfer speed

How to send money from Turkey to Morocco

Pick a company

If you're sending a one-off transfer, then Regency FX is the best option.

For recurring transfers, I'd suggest using an app or a multi-currency account with Wise.

For large transfers using a broker like Regency FX is the best option.

How much you send will affect the best option for you right now.

Fund your transfer

Fund your money transfers account with bank transfer.

Verify and send

When signing up you'll need to verify your account.

You'll need your TC Kimlik, or a passport and tax number if you're a foreign resident.

Compare amounts

How much TRY are you sending to Morocco?

How much TRY 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.

					Cheapest service
₺10,000	2.00%	₺0.00	MAD 1,921.90with bank transfer to bank deposit	+MAD 70.53
₺100,000This page	0.27%	₺0.00	MAD 19,558.25with bank transfer to bank deposit	+MAD 184.83

Mid-market rate: 1 TRY = 0.1961 MAD

Ways to send money from Turkey to Morocco

4 companies send TRY to Morocco.

Cheapest way to send TRY

Online and app transfers

Money transfer specialists like Moneycorp is the cheapest way to send money to Morocco from Turkey.

The fees are lower than banks, it takes 5 mins to get started, your recipient will get more MAD, and repeat transfers are very simple.

For example, Moneycorp charges ₺0 to send 100,000 TRY, and will get your recipient 19,277.81 MAD after a 1.7% exchange-rate markup and ₺0 fee.

Wallets like Papara can work for small and one-off transfers, but usually are more expensive.

Holding euros in a döviz account

Multi-currency accounts

A multi-currency account (also known as döviz account) lets you hold MAD alongside TRY.

It is most useful if you get paid in MAD, travel to Morocco often, or spend in MAD.

That's because you get local details for both currencies and swapping between them is simple and cheap.

Doing business abroad

Global accounts

Global accounts like Payoneer or Veem help Turkish businesses pay suppliers in Morocco and receive money from foreign clients.

Ways to fund TRY and receive MAD in Morocco

With Regency FX, paying by bank transfer and receiving through bank deposit is the cheapest combination. Sending 100,000 TRY gives your recipient 19,558.25 MAD.

You can send TRY using bank transfer.

Pay from your Turkish bank account

FAST, havale or EFT can be used to fund your money transfer account when sending money to Morocco.

In Morocco, they can get MAD by bank deposit.

The simplest way to receive money is to use a bank or card deposit.

Enter the recipient's IBAN, their name, card details if sending to a card, and that's all.

Moroccan Dirham will arrive directly into their bank account in Morocco.

1

Bank transfer Bank deposit

You pay ₺100,000.00

.د.م19,558

Cheapest

What to consider before sending TRY to Morocco

Here are a few things to know about money transfers from Turkey to Morocco.

Compare TRY/MAD transfer options

These are the best options for sending TRY 100,000 to Morocco.

Cheapest way to send money to Morocco

The cheapest option is Regency FX, funded by bank transfer with bank deposit for the payout. Your recipient gets 19,558.25 MAD, which is 0.38% more than the next best option.

Fastest way to send money to Morocco

The fastest option is Regency FX. Pay by bank transfer and use bank deposit in Morocco. Your recipient gets 19,558.25 MAD, with the money arriving in minutes - 24 hours.

FAST and EFT are domestic

FAST, EFT and havale move TRY between accounts in Turkey.

They can be used to fund a transfer to Morocco, but from there money transfer services switch to internal network of accounts or other transfer rails.

Large transfers & limits in Turkey

There is no single universal personal-transfer limit, but your bank or transfer company can ask where the money came from and why it is leaving Turkey.

For property proceeds, tuition or moving savings, keep the sale document, invoice or recent statement ready.

Large gifts can also fall under Turkey's inheritance and gift tax rules, so check the tax position before sending a lump sum to Morocco.

Live TRY-MAD Exchange Rate

Finding a better TRY to MAD exchange rate

The lira can move quickly, which means the TRY/MAD rate can change the final MAD amount even over a short period.

Mid-market rate:1 TRY = 0.19662 MAD

How we analyse the market

Plenty of well-known services can't be funded in lira, so they don't appear here. What's left is 4 companies that can actually send TRY to Morocco.

We compare rates, fees and the pay-in and payout options in real time on live searches, and each goes through our review.

More on who we are, why you can trust us and getting 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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How to send money to Morocco from Turkey with the best TRY-MAD rate

Best companies for TRY/MAD transfers