MoneyTransfers

How to send money to Morocco from Turkey with the best TRY-MAD rate

Regency FX is the cheapest option overall out of 4 money transfer apps available. For the fastest way, we suggest using Regency FX.

Sending 100,000 TRY to Morocco with Regency FX will get you DH19,749.43 vs DH19,749.43 with Regency FX.

Best companies for TRY/MAD transfers

4 of 4 providers

Last updated on 28 October 2026

Based on 100,000 TRY transfer

Best companies for TRY/MAD transfers

Sort Cheapest
Promoted

Wise

Pay via Bank transfer
Fee ₺2,356.22 1 TRY = 0.1981 MAD -0.03% vs mid-market Recipient gets MAD 19,341.96 Same day
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 depositSame dayAvailable via:Bank Transfer
₺2,356.221 TRY = 0.1981 MAD
MAD 19,341.96You 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.
Exclusive: First Transfer Deal

Regency FX

Pay via Bank transfer
Fee ₺0.00 1 TRY = 0.1975 MAD +0.27% vs mid-market Recipient gets MAD 19,749.43 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 = 0.1975 MAD
MAD 19,749.43You pay₺100,000.00

Cambridge Currencies

Pay via Bank transfer
Fee ₺0.00 1 TRY = 0.1967 MAD +0.65% vs mid-market Recipient gets MAD 19,674.18 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 = 0.1967 MAD
MAD 19,674.18You pay₺100,000.00

Moneycorp

Pay via Bank transfer
Fee ₺0.00 1 TRY = 0.1947 MAD +1.70% vs mid-market Recipient gets MAD 19,466.25 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 = 0.1947 MAD
MAD 19,466.25You pay₺100,000.00

Wise

Pay via Bank transfer
Fee ₺2,356.22 1 TRY = 0.1981 MAD -0.03% vs mid-market Recipient gets MAD 19,341.96 Same day
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 depositSame dayAvailable via:Bank Transfer
₺2,356.221 TRY = 0.1981 MAD
MAD 19,341.96You pay₺100,000.00
How Our Results Work
Mid-market rate: 1 TRY = 0.1980 MAD Updates every 60 minutes.

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.

Regency FX was the cheapest on 29 of the 29 days it quoted ₺100,000 transfers to Morocco.

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

For large transfers, 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 transfer 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.

Our analysis shows Regency FX was the cheapest in 100% of the transfers from TRY 50,000 it quoted, and in 100% of all the transfers it quoted.

Cheapest service
₺10,0002.00%₺0.00MAD 1,940.50with bank transfer to bank deposit+MAD 72.21
₺50,0001.80%₺0.00MAD 9,722.19with bank transfer to bank deposit+MAD 44.59
₺100,000This page0.27%₺0.00MAD 19,749.43with bank transfer to bank deposit+MAD 191.47

Mid-market rate: 1 TRY = 0.1980 MAD

TRY/MAD Exchange Rate History

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

The cheapest way to send TRY 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 Regency FX), across 30 days of comparisons for 100,000 TRY transfers to Morocco.

MAD received for ₺100,000, after fees

Wed, Oct 28, 2026Mid-market rateMAD 19,802.90 Regency FX MAD 19,749.43Regency FXMAD 19,749.43Cambridge CurrenciesMAD 19,674.18MoneycorpMAD 19,466.25

19,200
19,400
19,600
19,800
20,000
20,200
20,400
At the mid-market rateWith the cheapest optionRegency FXCambridge CurrenciesMoneycorp
Exchange rateFeeRecipient getsDifference
Mid-market rate 0.1967 – MAD 19,665.10
Regency FX Cheapest 0.1961 ₺0.00 MAD 19,612.00 −MAD 53.10
Cambridge Currencies 0.1954 ₺0.00 MAD 19,537.28 −MAD 127.82
Moneycorp 0.1933 ₺0.00 MAD 19,330.79 −MAD 334.31
Exchange rateFeeRecipient getsDifference
Mid-market rate 0.1978 – MAD 19,776.00
Regency FX Cheapest 0.1972 ₺0.00 MAD 19,722.60 −MAD 53.40
Cambridge Currencies 0.1965 ₺0.00 MAD 19,647.46 −MAD 128.54
Moneycorp 0.1944 ₺0.00 MAD 19,439.81 −MAD 336.19
Exchange rateFeeRecipient getsDifference
Mid-market rate 0.1983 – MAD 19,829.90
Regency FX Cheapest 0.1978 ₺0.00 MAD 19,776.36 −MAD 53.54
Cambridge Currencies 0.1970 ₺0.00 MAD 19,701.01 −MAD 128.89
Moneycorp 0.1949 ₺0.00 MAD 19,492.79 −MAD 337.11
Exchange rateFeeRecipient getsDifference
Mid-market rate 0.1995 – MAD 19,948.90
Moneycorp Cheapest 0.1955 ₺0.00 MAD 19,549.92 −MAD 398.98
Regency FX No quote collected this day – – – –
Cambridge Currencies No quote collected this day – – – –
Exchange rateFeeRecipient getsDifference
Mid-market rate 0.2024 – MAD 20,235.10
Regency FX Cheapest 0.2018 ₺0.00 MAD 20,180.47 −MAD 54.63
Cambridge Currencies 0.2010 ₺0.00 MAD 20,103.57 −MAD 131.53
Moneycorp 0.1989 ₺0.00 MAD 19,891.10 −MAD 344.00
Exchange rateFeeRecipient getsDifference
Mid-market rate 0.2018 – MAD 20,178.90
Regency FX Cheapest 0.2012 ₺0.00 MAD 20,124.42 −MAD 54.48
Cambridge Currencies 0.2005 ₺0.00 MAD 20,047.74 −MAD 131.16
Moneycorp 0.1984 ₺0.00 MAD 19,835.86 −MAD 343.04
Exchange rateFeeRecipient getsDifference
Mid-market rate 0.2020 – MAD 20,198.20
Regency FX Cheapest 0.2014 ₺0.00 MAD 20,143.66 −MAD 54.54
Cambridge Currencies 0.2007 ₺0.00 MAD 20,066.91 −MAD 131.29
Moneycorp 0.1985 ₺0.00 MAD 19,854.83 −MAD 343.37
Exchange rateFeeRecipient getsDifference
Mid-market rate 0.2026 – MAD 20,256.10
Regency FX Cheapest 0.2020 ₺0.00 MAD 20,201.41 −MAD 54.69
Cambridge Currencies 0.2012 ₺0.00 MAD 20,124.44 −MAD 131.66
Moneycorp 0.1991 ₺0.00 MAD 19,911.75 −MAD 344.35
Exchange rateFeeRecipient getsDifference
Mid-market rate 0.2026 – MAD 20,260.10
Regency FX Cheapest 0.2021 ₺0.00 MAD 20,205.40 −MAD 54.70
Cambridge Currencies 0.2013 ₺0.00 MAD 20,128.41 −MAD 131.69
Moneycorp 0.1992 ₺0.00 MAD 19,915.68 −MAD 344.42
Exchange rateFeeRecipient getsDifference
Mid-market rate 0.2025 – MAD 20,248.10
Regency FX Cheapest 0.2019 ₺0.00 MAD 20,193.43 −MAD 54.67
Cambridge Currencies 0.2012 ₺0.00 MAD 20,116.49 −MAD 131.61
Moneycorp 0.1990 ₺0.00 MAD 19,903.88 −MAD 344.22
Exchange rateFeeRecipient getsDifference
Mid-market rate 0.2013 – MAD 20,133.30
Regency FX Cheapest 0.2008 ₺0.00 MAD 20,078.94 −MAD 54.36
Cambridge Currencies 0.2000 ₺0.00 MAD 20,002.43 −MAD 130.87
Moneycorp 0.1979 ₺0.00 MAD 19,791.03 −MAD 342.27
Exchange rateFeeRecipient getsDifference
Mid-market rate 0.1998 – MAD 19,978.10
Regency FX Cheapest 0.1992 ₺0.00 MAD 19,924.16 −MAD 53.94
Cambridge Currencies 0.1985 ₺0.00 MAD 19,848.24 −MAD 129.86
Moneycorp 0.1964 ₺0.00 MAD 19,638.47 −MAD 339.63
Exchange rateFeeRecipient getsDifference
Mid-market rate 0.1998 – MAD 19,978.10
Regency FX Cheapest 0.1992 ₺0.00 MAD 19,924.16 −MAD 53.94
Cambridge Currencies 0.1985 ₺0.00 MAD 19,848.24 −MAD 129.86
Moneycorp 0.1964 ₺0.00 MAD 19,638.47 −MAD 339.63
Exchange rateFeeRecipient getsDifference
Mid-market rate 0.1989 – MAD 19,890.50
Regency FX Cheapest 0.1984 ₺0.00 MAD 19,836.80 −MAD 53.70
Cambridge Currencies 0.1976 ₺0.00 MAD 19,761.21 −MAD 129.29
Moneycorp 0.1955 ₺0.00 MAD 19,552.36 −MAD 338.14
Exchange rateFeeRecipient getsDifference
Mid-market rate 0.1963 – MAD 19,634.20
Regency FX Cheapest 0.1958 ₺0.00 MAD 19,581.19 −MAD 53.01
Cambridge Currencies 0.1951 ₺0.00 MAD 19,506.58 −MAD 127.62
Moneycorp 0.1930 ₺0.00 MAD 19,300.42 −MAD 333.78
Exchange rateFeeRecipient getsDifference
Mid-market rate 0.1974 – MAD 19,735.10
Regency FX Cheapest 0.1968 ₺0.00 MAD 19,681.82 −MAD 53.28
Cambridge Currencies 0.1961 ₺0.00 MAD 19,606.82 −MAD 128.28
Moneycorp 0.1940 ₺0.00 MAD 19,399.60 −MAD 335.50
Exchange rateFeeRecipient getsDifference
Mid-market rate 0.1982 – MAD 19,822.40
Regency FX Cheapest 0.1977 ₺0.00 MAD 19,768.88 −MAD 53.52
Cambridge Currencies 0.1969 ₺0.00 MAD 19,693.55 −MAD 128.85
Moneycorp 0.1949 ₺0.00 MAD 19,485.42 −MAD 336.98
Exchange rateFeeRecipient getsDifference
Mid-market rate 0.1979 – MAD 19,789.90
Regency FX Cheapest 0.1974 ₺0.00 MAD 19,736.47 −MAD 53.43
Cambridge Currencies 0.1966 ₺0.00 MAD 19,661.27 −MAD 128.63
Moneycorp 0.1945 ₺0.00 MAD 19,453.47 −MAD 336.43
Exchange rateFeeRecipient getsDifference
Mid-market rate 0.1965 – MAD 19,650.40
Regency FX Cheapest 0.1960 ₺0.00 MAD 19,597.34 −MAD 53.06
Cambridge Currencies 0.1952 ₺0.00 MAD 19,522.67 −MAD 127.73
Moneycorp 0.1932 ₺0.00 MAD 19,316.34 −MAD 334.06
Exchange rateFeeRecipient getsDifference
Mid-market rate 0.1965 – MAD 19,650.40
Regency FX Cheapest 0.1960 ₺0.00 MAD 19,597.34 −MAD 53.06
Cambridge Currencies 0.1952 ₺0.00 MAD 19,522.67 −MAD 127.73
Moneycorp 0.1932 ₺0.00 MAD 19,316.34 −MAD 334.06
Exchange rateFeeRecipient getsDifference
Mid-market rate 0.1967 – MAD 19,670.30
Regency FX Cheapest 0.1962 ₺0.00 MAD 19,617.19 −MAD 53.11
Cambridge Currencies 0.1954 ₺0.00 MAD 19,542.44 −MAD 127.86
Moneycorp 0.1934 ₺0.00 MAD 19,335.90 −MAD 334.40
Exchange rateFeeRecipient getsDifference
Mid-market rate 0.1973 – MAD 19,730.00
Regency FX Cheapest 0.1968 ₺0.00 MAD 19,676.73 −MAD 53.27
Cambridge Currencies 0.1960 ₺0.00 MAD 19,601.76 −MAD 128.24
Moneycorp 0.1939 ₺0.00 MAD 19,394.59 −MAD 335.41
Exchange rateFeeRecipient getsDifference
Mid-market rate 0.1972 – MAD 19,720.70
Regency FX Cheapest 0.1967 ₺0.00 MAD 19,667.45 −MAD 53.25
Cambridge Currencies 0.1959 ₺0.00 MAD 19,592.52 −MAD 128.18
Moneycorp 0.1939 ₺0.00 MAD 19,385.45 −MAD 335.25
Exchange rateFeeRecipient getsDifference
Mid-market rate 0.1978 – MAD 19,779.40
Regency FX Cheapest 0.1973 ₺0.00 MAD 19,726.00 −MAD 53.40
Cambridge Currencies 0.1965 ₺0.00 MAD 19,650.83 −MAD 128.57
Moneycorp 0.1944 ₺0.00 MAD 19,443.15 −MAD 336.25
Exchange rateFeeRecipient getsDifference
Mid-market rate 0.1972 – MAD 19,724.60
Regency FX Cheapest 0.1967 ₺0.00 MAD 19,671.34 −MAD 53.26
Cambridge Currencies 0.1960 ₺0.00 MAD 19,596.39 −MAD 128.21
Moneycorp 0.1939 ₺0.00 MAD 19,389.28 −MAD 335.32
Exchange rateFeeRecipient getsDifference
Mid-market rate 0.1975 – MAD 19,748.00
Regency FX Cheapest 0.1969 ₺0.00 MAD 19,694.68 −MAD 53.32
Cambridge Currencies 0.1962 ₺0.00 MAD 19,619.64 −MAD 128.36
Moneycorp 0.1941 ₺0.00 MAD 19,412.28 −MAD 335.72
Exchange rateFeeRecipient getsDifference
Mid-market rate 0.1975 – MAD 19,748.00
Regency FX Cheapest 0.1969 ₺0.00 MAD 19,694.68 −MAD 53.32
Cambridge Currencies 0.1962 ₺0.00 MAD 19,619.64 −MAD 128.36
Moneycorp 0.1941 ₺0.00 MAD 19,412.28 −MAD 335.72
Exchange rateFeeRecipient getsDifference
Mid-market rate 0.1970 – MAD 19,696.10
Regency FX Cheapest 0.1964 ₺0.00 MAD 19,642.92 −MAD 53.18
Cambridge Currencies 0.1957 ₺0.00 MAD 19,568.08 −MAD 128.02
Moneycorp 0.1936 ₺0.00 MAD 19,361.27 −MAD 334.83
Exchange rateFeeRecipient getsDifference
Mid-market rate 0.1977 – MAD 19,771.50
Regency FX Cheapest 0.1972 ₺0.00 MAD 19,718.12 −MAD 53.38
Cambridge Currencies 0.1964 ₺0.00 MAD 19,642.99 −MAD 128.51
Moneycorp 0.1944 ₺0.00 MAD 19,435.38 −MAD 336.12
Exchange rateFeeRecipient getsDifference
Mid-market rate 0.1980 – MAD 19,802.90
Regency FX Cheapest 0.1975 ₺0.00 MAD 19,749.43 −MAD 53.47
Cambridge Currencies 0.1967 ₺0.00 MAD 19,674.18 −MAD 128.72
Moneycorp 0.1947 ₺0.00 MAD 19,466.25 −MAD 336.65

Exchange rateFeeRecipient getsDifference

Each line shows what the recipient gets when you send ₺100,000, after fees, as quoted by each company. The mid-market line shows what ₺100,000 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 TRY than the mid-market rate can offer.

This could be due to money transfer offers, FX rate adjustments, or market competitiveness.

No company, app or bank beat the mid-market rate over the past month, meaning you lose a bit of MAD on every transfer from Turkey.

Right now, Regency FX pays 19,749.43 MAD on 100,000 TRY, which is 53.47 MAD less than the mid-market amount.

Today's payout isn't the best this month though, since the highest receive amount was 20,205.4 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 76 comparisons to check how often today's top companies were the cheapest across 3 amounts over the past month.

  1. Regency FXAppeared in 29 comparisons

    Cheapest every time

  2. Cambridge CurrenciesAppeared in 29 comparisons

    Never the cheapest

  3. MoneycorpAppeared in 75 comparisons

    Cheapest in 61% of them

Based on 76 comparisons across 3 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 Regency FX 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 Turkey to Morocco

4 companies send TRY to Morocco.

Cheapest way to send TRY

Online and app transfers

Money transfer specialists like Moneycorp are 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 19,466.25 MAD after a 1.7% exchange-rate markup and ₺0 fee.

In our comparisons over the past month, it was the cheapest online service on 29 of the 30 days it quoted.

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 19,749.43 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. 1
    Bank transfer Bank deposit

    You pay ₺100,000.00

    DH19,749

    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 19,749.43 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 19,749.43 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.

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.

In the past 30 days alone, we analysed 76 comparisons across 3 amounts.

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

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.

Send money from Turkey

Send money from Turkey to Nigeria Send money from Turkey to Philippines Send money from Turkey to Germany Send money from Turkey to Kenya Send money from Turkey to United States Send money from Turkey to Russia Send money from Turkey to Ghana Send money from Turkey to Spain Send money from Turkey to United Kingdom Send money from Turkey to United Arab Emirates Send money from Turkey to Netherlands Send money from Turkey to India Send money from Turkey to France Send money from Turkey to Indonesia Send money from Turkey to Poland Send money from Turkey to South Africa Send money from Turkey to Canada Send money from Turkey to Uganda Send money from Turkey to Belarus

Send money to Morocco

Send money from France to Morocco Send money from Germany to Morocco Send money from United States to Morocco Send money from Netherlands to Morocco Send money from Spain to Morocco Send money from United Kingdom to Morocco Send money from Canada to Morocco Send money from United Arab Emirates to Morocco Send money from Finland to Morocco Send money from Switzerland to Morocco Send money from Australia to Morocco Send money from Italy to Morocco Send money from India to Morocco