Compare the best ways to send money from United States to Morocco

We compared 9 companies sending money from the United States to Morocco. Key Currency is the best and cheapest, while TapTap Send is the fastest.

Sending $7,000 with Key Currency gets your recipient 68,905.43 MAD at 9.8436 MAD per USD.

Best companies for USD/MAD transfers

9 of 9 providers

Last updated on 28 October 2026

Based on 7,000 USD transfer

Best companies for USD/MAD transfers

Sort Cheapest
Promoted

Wise

Pay via Bank transfer
Fee $141.35 1 USD = 9.8658 MAD +0.03% vs mid-market Recipient gets MAD 67,666.07 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
$141.351 USD = 9.8658 MAD
MAD 67,666.07You pay$7,000.00
Promoted

Xe

Pay via Bank transfer
Fee $0.00 1 USD = 9.7559 MAD +1.15% vs mid-market Recipient gets MAD 68,291.30 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 USD = 9.7559 MAD
MAD 68,291.30You pay$7,000.00

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Showing top United States to Morocco deals for 7,000 USD. 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 USD = 9.8436 MAD +0.25% vs mid-market Recipient gets MAD 68,905.43 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 USD = 9.8436 MAD
MAD 68,905.43You pay$7,000.00
Exclusive: First Transfer Deal

Regency FX

Pay via Bank transfer
Fee $0.00 1 USD = 9.8417 MAD +0.27% vs mid-market Recipient gets MAD 68,891.61 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 USD = 9.8417 MAD
MAD 68,891.61You pay$7,000.00

OFX

Pay via Bank transfer
Fee $0.00 1 USD = 9.8190 MAD +0.50% vs mid-market Recipient gets MAD 68,732.73 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 USD = 9.8190 MAD
MAD 68,732.73You pay$7,000.00

Xe

Pay via Bank transfer
Fee $0.00 1 USD = 9.7559 MAD +1.15% vs mid-market Recipient gets MAD 68,291.30 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 USD = 9.7559 MAD
MAD 68,291.30You pay$7,000.00
$0 fee on first online transfers

MoneyGram

Pay via Debit card
Fee $75.99 1 USD = 9.7511 MAD +1.19% vs mid-market Recipient gets MAD 68,257.70 Minutes - 24 hours

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

MethodFee & ratesRecipient gets
Cash pickupMinutes - 24 hours
$75.991 USD = 9.7511 MAD
MAD 68,257.70You pay$7,075.99
Bank depositMinutes - 24 hoursAvailable via:BMCE Bank, All Banks
$2.991 USD = 9.7510 MAD
MAD 68,257.00You pay$7,002.99
$0 fee on first online transfers

MoneyGram

Pay via Bank transfer
Fee $105.00 1 USD = 9.7511 MAD +1.19% vs mid-market Recipient gets MAD 68,257.70 Minutes - 24 hours

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

MethodFee & ratesRecipient gets
Cash pickupMinutes - 24 hours
$105.001 USD = 9.7511 MAD
MAD 68,257.70You pay$7,105.00
Bank depositMinutes - 24 hoursAvailable via:All Banks, BMCE Bank
$1.491 USD = 9.7510 MAD
MAD 68,257.00You pay$7,001.49
$0 fee on first online transfers

MoneyGram

Pay via Credit card
Fee $179.99 1 USD = 9.7511 MAD +1.19% vs mid-market Recipient gets MAD 68,257.70 Minutes - 24 hours

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

MethodFee & ratesRecipient gets
Cash pickupMinutes - 24 hours
$179.991 USD = 9.7511 MAD
MAD 68,257.70You pay$7,179.99
Bank depositMinutes - 24 hoursAvailable via:BMCE Bank, All Banks
$177.991 USD = 9.7510 MAD
MAD 68,257.00You pay$7,177.99

Moneycorp

Pay via Bank transfer
Fee $0.00 1 USD = 9.7301 MAD +1.40% vs mid-market Recipient gets MAD 68,111.03 Minutes - 2 days

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

MethodFee & ratesRecipient gets
Bank depositMinutes - 2 days
Free1 USD = 9.7301 MAD
MAD 68,111.03You pay$7,000.00

TapTap Send

Pay via Debit card
Fee $0.00 1 USD = 9.7300 MAD +1.41% vs mid-market Recipient gets MAD 68,110.00 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 USD = 9.7300 MAD
MAD 68,110.00You pay$7,000.00
Mobile moneyMinutesAvailable via:DamaneCash, Orange
Free1 USD = 9.7300 MAD
MAD 68,110.00You pay$7,000.00
Cash pickupMinutesAvailable via:Al Barid Bank, Barid Cash, Cash Plus, Wafacash
$2.991 USD = 9.7300 MAD
MAD 68,110.00You pay$7,002.99
Mobile walletMinutesAvailable via:LanaCash
$2.991 USD = 9.7300 MAD
MAD 68,110.00You pay$7,002.99
Pricing based on Revolut Standard plan

Revolut

Pay via Bank transfer
Fee $40.50 1 USD = 9.7698 MAD +1.00% vs mid-market Recipient gets MAD 67,992.65 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
$40.501 USD = 9.7698 MAD
MAD 67,992.65You 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.

Xe

Pay via Debit card
Fee $35.00 1 USD = 9.7559 MAD +1.15% vs mid-market Recipient gets MAD 67,949.84 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
$35.001 USD = 9.7559 MAD
MAD 67,949.84You pay$7,000.00
$0 fee on first online transfers

MoneyGram

Pay via Cash deposit
Fee $60.79 1 USD = 9.6687 MAD +2.04% vs mid-market Recipient gets MAD 67,680.90 Minutes - 24 hours

Ways to receive money in Morocco with MoneyGram when paying by cash deposit.

MethodFee & ratesRecipient gets
Cash pickupMinutes - 24 hours
$60.791 USD = 9.6687 MAD
MAD 67,680.90You pay$7,060.79

Wise

Pay via Bank transfer
Fee $141.35 1 USD = 9.8658 MAD +0.03% vs mid-market Recipient gets MAD 67,666.07 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
$141.351 USD = 9.8658 MAD
MAD 67,666.07You pay$7,000.00

Xe

Pay via Credit card
Fee $210.00 1 USD = 9.7559 MAD +1.15% vs mid-market Recipient gets MAD 66,242.56 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
$210.001 USD = 9.7559 MAD
MAD 66,242.56You pay$7,000.00
How Our Results Work
Mid-market rate: 1 USD = 9.8683 MAD Updates every 60 minutes.

How to send money from US to Morocco

Pick a company

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

Key Currency was the cheapest on 20 of the 30 days it quoted $7,000 transfers to Morocco.

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

For large transfers, a broker like Key Currency is the best option.

If your recipient needs cash, MoneyGram is the cheapest.

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

Pay for it

You have 4 ways to pay for your transfer to Morocco, including bank transfer, debit card, credit card, and cash deposit.

Usually, using bank transfer to fund your transfer is the cheapest but slowest option (ACH and takes a day or two).

You can use a debit card, Apple Pay and Google Pay for quicker deposit but its a bit more expensive.

I suggest avoiding credit cards since these are most expensive and have cash advance fees (Amex is very rarely accepted in general).

Check and send

First time round you'll need to confirm who you are.

An SSN isn't required, an ITIN or a foreign passport works with most companies here.

Compare amounts

How much USD are you sending to Morocco?

How much USD 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 56% of the transfers from $5,000 it quoted, and in 56% of all the transfers it quoted.

Cheapest service
$500-0.09%$0.00MAD 4,938.40with debit card to cash pickup+MAD 151.45
$2,0000.65%$0.00MAD 19,608.32with bank transfer to bank deposit+MAD 349.88
$5,0000.50%$0.00MAD 49,094.81with bank transfer to bank deposit+MAD 530.39
$7,000This page0.25%$0.00MAD 68,905.43with bank transfer to bank deposit+MAD 809.20
$10,0000.25%$0.00MAD 98,436.32with bank transfer to bank deposit+MAD 1,215.20
$50,0000.20%$0.00MAD 492,428.32with bank transfer to bank deposit+MAD 6,494.30
$100,0000.15%$0.00MAD 985,350.05with bank transfer to bank deposit+MAD 13,320.17
$250,0000.15%$0.00MAD 2,463,375.14with bank transfer to bank deposit+MAD 32,769.83

Mid-market rate: 1 USD = 9.8683 MAD

USD/MAD Exchange Rate History

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

The cheapest way to send USD 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 USD transfers to Morocco.

MAD received for $7,000, after fees

Wed, Oct 28, 2026Mid-market rateMAD 69,078.12 Key Currency MAD 68,905.43Key CurrencyMAD 68,905.43Regency FXMAD 68,891.61OFXMAD 68,732.73

66,500
67,000
67,500
68,000
68,500
69,000
69,500
70,000
At the mid-market rateWith the cheapest optionKey CurrencyRegency FXOFX
Exchange rateFeeRecipient getsDifference
Mid-market rate 9.6360 – MAD 67,451.80
Key Currency Cheapest 9.6119 $0.00 MAD 67,283.17 −MAD 168.63
Regency FX 9.6100 $0.00 MAD 67,269.68 −MAD 182.12
OFX 9.5878 $0.00 MAD 67,114.54 −MAD 337.26
Exchange rateFeeRecipient getsDifference
Mid-market rate 9.6938 – MAD 67,856.34
Key Currency Cheapest 9.6695 $0.00 MAD 67,686.70 −MAD 169.64
Regency FX 9.6676 $0.00 MAD 67,673.13 −MAD 183.21
OFX 9.6453 $0.00 MAD 67,517.06 −MAD 339.28
Exchange rateFeeRecipient getsDifference
Mid-market rate 9.7235 – MAD 68,064.25
Key Currency Cheapest 9.6992 $0.00 MAD 67,894.09 −MAD 170.16
Regency FX 9.6972 $0.00 MAD 67,880.48 −MAD 183.77
OFX 9.6748 $0.00 MAD 67,723.93 −MAD 340.32
Exchange rateFeeRecipient getsDifference
Mid-market rate 9.8039 – MAD 68,627.36
Key Currency Cheapest 9.7794 $0.00 MAD 68,455.79 −MAD 171.57
Regency FX 9.7774 $0.00 MAD 68,442.06 −MAD 185.30
OFX 9.7549 $0.00 MAD 68,284.22 −MAD 343.14
Exchange rateFeeRecipient getsDifference
Mid-market rate 9.9415 – MAD 69,590.53
Key Currency Cheapest 9.9167 $0.00 MAD 69,416.55 −MAD 173.98
Regency FX 9.9147 $0.00 MAD 69,402.63 −MAD 187.90
OFX 9.8918 $0.00 MAD 69,242.58 −MAD 347.95
Exchange rateFeeRecipient getsDifference
Mid-market rate 9.9134 – MAD 69,393.84
Key Currency Cheapest 9.8886 $0.00 MAD 69,220.36 −MAD 173.48
Regency FX 9.8866 $0.00 MAD 69,206.48 −MAD 187.36
OFX 9.8638 $0.00 MAD 69,046.87 −MAD 346.97
Exchange rateFeeRecipient getsDifference
Mid-market rate 9.9276 – MAD 69,493.52
Key Currency Cheapest 9.9028 $0.00 MAD 69,319.79 −MAD 173.73
Regency FX 9.9008 $0.00 MAD 69,305.89 −MAD 187.63
OFX 9.8780 $0.00 MAD 69,146.05 −MAD 347.47
Exchange rateFeeRecipient getsDifference
Mid-market rate 9.9618 – MAD 69,732.43
Key Currency Cheapest 9.9369 $0.00 MAD 69,558.10 −MAD 174.33
Regency FX 9.9349 $0.00 MAD 69,544.15 −MAD 188.28
OFX 9.9120 $0.00 MAD 69,383.77 −MAD 348.66
Exchange rateFeeRecipient getsDifference
Mid-market rate 9.9675 – MAD 69,772.23
Key Currency Cheapest 9.9425 $0.00 MAD 69,597.80 −MAD 174.43
Regency FX 9.9405 $0.00 MAD 69,583.85 −MAD 188.38
OFX 9.9176 $0.00 MAD 69,423.37 −MAD 348.86
Exchange rateFeeRecipient getsDifference
Mid-market rate 9.9652 – MAD 69,756.53
Key Currency Cheapest 9.9403 $0.00 MAD 69,582.14 −MAD 174.39
Regency FX 9.9383 $0.00 MAD 69,568.19 −MAD 188.34
OFX 9.9154 $0.00 MAD 69,407.75 −MAD 348.78
Exchange rateFeeRecipient getsDifference
Mid-market rate 9.9344 – MAD 69,540.46
Key Currency Cheapest 9.9095 $0.00 MAD 69,366.61 −MAD 173.85
Regency FX 9.9075 $0.00 MAD 69,352.70 −MAD 187.76
OFX 9.8847 $0.00 MAD 69,192.75 −MAD 347.71
Exchange rateFeeRecipient getsDifference
Mid-market rate 9.8335 – MAD 68,834.53
MoneyGram Cheapest 9.8345 $75.99 MAD 68,841.50 +MAD 6.97
Key Currency 9.8089 $0.00 MAD 68,662.44 −MAD 172.09
Regency FX 9.8070 $0.00 MAD 68,648.67 −MAD 185.86
OFX 9.7843 $0.00 MAD 68,490.36 −MAD 344.17
Exchange rateFeeRecipient getsDifference
Mid-market rate 9.8335 – MAD 68,834.53
MoneyGram Cheapest 9.8345 $75.99 MAD 68,841.50 +MAD 6.97
Key Currency 9.8089 $0.00 MAD 68,662.44 −MAD 172.09
Regency FX 9.8070 $0.00 MAD 68,648.67 −MAD 185.86
OFX 9.7843 $0.00 MAD 68,490.36 −MAD 344.17
Exchange rateFeeRecipient getsDifference
Mid-market rate 9.8134 – MAD 68,693.66
TapTap Send Cheapest 9.8200 $0.00 MAD 68,740.00 +MAD 46.34
Key Currency 9.7888 $0.00 MAD 68,521.93 −MAD 171.73
Regency FX 9.7869 $0.00 MAD 68,508.19 −MAD 185.47
OFX 9.7643 $0.00 MAD 68,350.19 −MAD 343.47
Exchange rateFeeRecipient getsDifference
Mid-market rate 9.6929 – MAD 67,850.08
TapTap Send Cheapest 9.7300 $0.00 MAD 68,110.00 +MAD 259.92
Key Currency 9.6686 $0.00 MAD 67,680.46 −MAD 169.62
Regency FX 9.6667 $0.00 MAD 67,666.89 −MAD 183.19
OFX 9.6444 $0.00 MAD 67,510.83 −MAD 339.25
Exchange rateFeeRecipient getsDifference
Mid-market rate 9.7592 – MAD 68,314.72
TapTap Send Cheapest 9.7500 $0.00 MAD 68,250.00 −MAD 64.71
Key Currency 9.7348 $0.00 MAD 68,143.93 −MAD 170.79
Regency FX 9.7329 $0.00 MAD 68,130.27 −MAD 184.44
OFX 9.7104 $0.00 MAD 67,973.14 −MAD 341.57
Exchange rateFeeRecipient getsDifference
Mid-market rate 9.8362 – MAD 68,853.75
Key Currency Cheapest 9.8117 $0.00 MAD 68,681.62 −MAD 172.13
Regency FX 9.8097 $0.00 MAD 68,667.84 −MAD 185.91
OFX 9.7871 $0.00 MAD 68,509.48 −MAD 344.27
Exchange rateFeeRecipient getsDifference
Mid-market rate 9.8010 – MAD 68,607.18
TapTap Send Cheapest 9.8000 $0.00 MAD 68,600.00 −MAD 7.18
Key Currency 9.7765 $0.00 MAD 68,435.66 −MAD 171.52
Regency FX 9.7746 $0.00 MAD 68,421.94 −MAD 185.24
OFX 9.7520 $0.00 MAD 68,264.15 −MAD 343.03
Exchange rateFeeRecipient getsDifference
Mid-market rate 9.7297 – MAD 68,107.63
TapTap Send Cheapest 9.7300 $0.00 MAD 68,110.00 +MAD 2.37
Key Currency 9.7053 $0.00 MAD 67,937.36 −MAD 170.27
Regency FX 9.7034 $0.00 MAD 67,923.74 −MAD 183.89
OFX 9.6810 $0.00 MAD 67,767.10 −MAD 340.53
Exchange rateFeeRecipient getsDifference
Mid-market rate 9.7297 – MAD 68,107.63
TapTap Send Cheapest 9.7300 $0.00 MAD 68,110.00 +MAD 2.37
Key Currency 9.7053 $0.00 MAD 67,937.36 −MAD 170.27
Regency FX 9.7034 $0.00 MAD 67,923.74 −MAD 183.89
OFX 9.6810 $0.00 MAD 67,767.10 −MAD 340.53
Exchange rateFeeRecipient getsDifference
Mid-market rate 9.7471 – MAD 68,229.94
MoneyGram Cheapest 9.7360 $75.99 MAD 68,152.00 −MAD 77.94
Key Currency 9.7228 $0.00 MAD 68,059.36 −MAD 170.58
Regency FX 9.7208 $0.00 MAD 68,045.72 −MAD 184.22
OFX 9.6984 $0.00 MAD 67,888.79 −MAD 341.15
Exchange rateFeeRecipient getsDifference
Mid-market rate 9.7816 – MAD 68,471.19
Key Currency Cheapest 9.7571 $0.00 MAD 68,300.01 −MAD 171.18
Regency FX 9.7552 $0.00 MAD 68,286.31 −MAD 184.88
OFX 9.7327 $0.00 MAD 68,128.83 −MAD 342.36
Exchange rateFeeRecipient getsDifference
Mid-market rate 9.7820 – MAD 68,474.15
Key Currency Cheapest 9.7576 $0.00 MAD 68,302.96 −MAD 171.19
Regency FX 9.7556 $0.00 MAD 68,289.27 −MAD 184.88
OFX 9.7331 $0.00 MAD 68,131.78 −MAD 342.37
Exchange rateFeeRecipient getsDifference
Mid-market rate 9.8160 – MAD 68,712.22
Key Currency Cheapest 9.7915 $0.00 MAD 68,540.44 −MAD 171.78
Regency FX 9.7895 $0.00 MAD 68,526.69 −MAD 185.53
OFX 9.7670 $0.00 MAD 68,368.66 −MAD 343.56
Exchange rateFeeRecipient getsDifference
Mid-market rate 9.8105 – MAD 68,673.55
MoneyGram Cheapest 9.8000 $75.99 MAD 68,600.00 −MAD 73.55
Key Currency 9.7860 $0.00 MAD 68,501.87 −MAD 171.68
Regency FX 9.7840 $0.00 MAD 68,488.13 −MAD 185.42
OFX 9.7615 $0.00 MAD 68,330.18 −MAD 343.37
Exchange rateFeeRecipient getsDifference
Mid-market rate 9.8155 – MAD 68,708.53
Key Currency Cheapest 9.7910 $0.00 MAD 68,536.76 −MAD 171.77
Regency FX 9.7890 $0.00 MAD 68,523.01 −MAD 185.52
OFX 9.7664 $0.00 MAD 68,364.99 −MAD 343.54
Exchange rateFeeRecipient getsDifference
Mid-market rate 9.8155 – MAD 68,708.53
Key Currency Cheapest 9.7910 $0.00 MAD 68,536.76 −MAD 171.77
Regency FX 9.7890 $0.00 MAD 68,523.01 −MAD 185.52
OFX 9.7664 $0.00 MAD 68,364.99 −MAD 343.54
Exchange rateFeeRecipient getsDifference
Mid-market rate 9.8011 – MAD 68,607.79
Key Currency Cheapest 9.7766 $0.00 MAD 68,436.27 −MAD 171.52
Regency FX 9.7746 $0.00 MAD 68,422.55 −MAD 185.24
OFX 9.7521 $0.00 MAD 68,264.75 −MAD 343.04
Exchange rateFeeRecipient getsDifference
Mid-market rate 9.8438 – MAD 68,906.75
Key Currency Cheapest 9.8192 $0.00 MAD 68,734.48 −MAD 172.27
Regency FX 9.8172 $0.00 MAD 68,720.70 −MAD 186.05
OFX 9.7946 $0.00 MAD 68,562.21 −MAD 344.54
Exchange rateFeeRecipient getsDifference
Mid-market rate 9.8683 – MAD 69,078.12
Key Currency Cheapest 9.8436 $0.00 MAD 68,905.43 −MAD 172.69
Regency FX 9.8417 $0.00 MAD 68,891.61 −MAD 186.51
OFX 9.8190 $0.00 MAD 68,732.73 −MAD 345.39

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.

Understanding USD/MAD exchange rate

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 USD 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 6 of the last 30 days.

Right now, Key Currency pays 68,905.43 MAD on 7,000 USD, which is 172.69 MAD less than the mid-market amount.

Today's payout isn't the best this month though, since the highest receive amount was 69,597.8 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 207 comparisons to check how often today's top companies were the cheapest across 8 amounts over the past month.

  1. Key CurrencyAppeared in 117 comparisons

    Cheapest in 56% of them

  2. Regency FXAppeared in 117 comparisons

    Never the cheapest

  3. OFXAppeared in 207 comparisons

    Cheapest in 18% of them

Based on 207 comparisons across 8 amounts over the last 30 days.

Is the cheapest money transfer company always the best?

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 analyze companies that appeared in at least 50% of all comparisons (so occasional cheapest options don't skew it).

Today Key Currency is the cheapest and gets you the most MAD, and it was also the cheapest in 56% of the 117 comparisons it appeared in over the past month.

It's a good pick for both one-off and regular transfers to Morocco.

Regency FX (today's second cheapest) was the cheapest in only 0% of its comparisons, so it's rarely the cheapest option for transfers to Morocco.

Ways to send money from the US to Morocco

There are 9 companies available for sending money from the US to Morocco, across app, broker, online, global account, multi-currency account, and in person, and more.

For regular transfers home

Money transfer apps

If you send a few hundred dollars home every payday, an app is usually the cheapest way and the least work.

Xe charges $0 on a $7,000 transfer with 1.15% markup, saves your recipient's details for next time, and MAD arrives in minutes - 24 hours.

Over the past month, Xe was the cheapest app on 7% of the days it appeared for $7,000 transfers.

Funding from a US bank account or debit card avoids the 1% federal tax that applies to cash-funded transfers.

Sending without a US bank account

Cash & in-person transfers

Paying in cash at an agent can work without a US bank account.

The ID accepted depends on the company and the amount, so check before visiting if you do not have an SSN.

Hand $7,000 to a MoneyGram agent in the US, and your recipient will get 68,257.7 MAD in minutes - 24 hours.

Our data shows MoneyGram came out cheapest among in-person options on 100% of days in the past month.

However, transfers funded with cash or a money order carry a 1% federal tax since January 1, 2026. To avoid it, fund with a debit card or bank account instead (most agents take both).

For one-off transfers

Online transfers

For a one-off transfer, an online service funded from your checking account is usually the cheapest way to send money to Morocco.

Of all online companies listed here, Xe gets you the most MAD per USD.

On a $7,000 transfer, you will get 68,291.3 MAD after a $0 fee and 1.15% markup.

In our comparisons over the past month, it was the cheapest online service on 7 of the 30 days it quoted.

But, bank funding (ACH) takes 1 to 3 business days to clear, while debit cards (and Google Pay/Apple Pay) are usually instant but cost a bit more.

For transfers over $10,000

Currency brokers

For large transfers to Morocco (e.g. a property purchase, tuition, or moving to Morocco), a broker like Key Currency charges no fee, gives you a dedicated account manager, and adds 0.25% markup on USD/MAD that gets lower the more you send.

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

It's also good to check Wise since you get a bulk discount on transfers over $25,000.

Business payments from the US

Global accounts

Global accounts are for US businesses paying people abroad.

Companies like Airwallex, WorldFirst, or Payoneer handle the recurring and batch payments, invoicing, tracking, and more.

Holding & spending currencies

Multi-currency accounts

A multi-currency account like Revolut is the best for holding and receiving MAD.

This is useful for traveling to Morocco, building up MAD balance, or receiving payments in MAD.

Revolut converts $7,000 at 1% markup plus small fee and holds the MAD until you spend it.

Over the past month, it came out cheapest among multi-currency accounts on 72% of days.

Ways to fund USD 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 68,905.43 MAD.

Deposit USD by bank transfer, debit card, credit card, and cash deposit.

The simplest way is to pay from your US checking account

Pay by bank transfer using your routing and account numbers.

An ACH payment is usually cheaper than a card, but it may take some time for it to clear before a money transfer company can send the money to Morocco.

You can deposit cash

You'll need to visit the nearest MoneyGram branch and hand over $7,000.

MoneyGram is the cheapest option and will get you 68,257.7 MAD on a $7,000 transfer after fees.

Transfers funded with physical cash are subject to the 1% US remittance transfer tax, but funding from a US bank account or with a US-issued debit or credit card is exempt.

Zelle, Venmo and Cash App only support domestic transfers, so they cannot send money to Morocco.

Your recipient in Morocco can collect MAD through bank deposit, cash pickup, mobile money, and mobile wallet.

They can collect cash in Morocco

Your recipient can collect MAD from a participating MoneyGram location in Morocco.

They should take a valid photo ID and the collection reference, and check that the name on the transfer matches their ID.

  1. 1
    Bank transfer Bank deposit

    You pay $7,000.00

    DH68,905

    Cheapest

  2. 2
    Bank transfer Cash pickup

    You pay $7,105.00

    DH68,258

    -DH648

  3. 3
    Credit card Cash pickup

    You pay $7,179.99

    DH68,258

    -DH648

  4. 4
    Debit card Cash pickup

    You pay $7,075.99

    DH68,258

    -DH648

  5. 5
    Credit card Bank deposit

    You pay $7,177.99

    DH68,257

    -DH648

Show moreShow less
  1. 6
    Debit card Bank deposit

    You pay $7,002.99

    DH68,257

    -DH648

  2. 7
    Debit card Mobile money

    You pay $7,000.00

    DH68,110

    -DH795

  3. 8
    Debit card Mobile wallet

    You pay $7,002.99

    DH68,110

    -DH795

  4. 9
    Cash deposit Cash pickup

    You pay $7,060.79

    DH67,681

    -DH1,225

Things to consider before sending USD to Morocco

The way you fund the transfer now affects the tax, while US law gives you specific rights if something goes wrong.

Find the right USD/MAD company

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 68,905.43 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 68,110 MAD, with the money arriving in minutes.

Cash-funded transfers now carry a 1% tax

Since January 1, 2026, a 1% federal tax applies when an international transfer is funded with cash, a money order, a cashier's check or a traveler's check.

Funding from a US bank account, including ACH, or with a US-issued debit or credit card is exempt.

The rule applies to how you pay in, so your recipient can still collect cash without triggering the tax.

The $10,000 rule is not a transfer limit

There is no federal cap on how much of your own money you can send electronically abroad.

Your bank or transfer company can set its own limit and ask for proof of where a large or unusual payment came from.

Cash reports and the declaration for physically carrying more than $10,000 across the US border are separate rules.

Do not split cash transactions to avoid a report.

You normally have 30 minutes to cancel

The US Remittance Transfer Rule requires a covered company to show the exchange rate, fees and expected amount received before you pay.

You can normally cancel within 30 minutes at no charge, provided the money has not been deposited or collected.

You also have error-resolution rights if the wrong amount arrives or the transfer never turns up.

Contact the company first and keep the receipt.

The CFPB explains the cancellation and error process.

Need to send a large amount of USD to Morocco?

For transfers over $10,000, Wise is the best option.

It offers the best exchange rate, which is more important than the fee for large transfers to Morocco.

While Wise may not always be the cheapest or fastest way to send MAD, they offer years of experience, and will offer you the peace of mind you need when sending large amounts abroad.

Read Review

How we analyze the market

We track, save, and analyze the cost, speed, and product offerings of the leading money transfer services available between Morocco and United States.


We work with leading money transfer companies to provide real time fees and exchange rates. In the past 30 days alone, we analyzed 207 comparisons across 8 amounts.

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

For a deeper understanding of our commitment to integrity and transparency, check out these articles:

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