How to send money to Morocco from Spain with the best EUR-MAD rate
Find money transfer deals for sending money from Spain to Morocco. Compare the cheapest, fastest, and most reliable providers with the best EUR to MAD exchange rates.
Read on for the best deals, expert information, and easiest ways to send money to Morocco from Spain.
Transferring the other way? Send MAD from Morocco to Spain instead.
"Over 16 million customers use Wise, mostly for their excellent mobile app, transparent fee structure & use of mid-market rates. Now increasingly used for larger transfers."
"Over 16 million customers use Wise, mostly for their excellent mobile app, transparent fee structure & use of mid-market rates. Now increasingly used for larger transfers."
"Xe has over 30 years of currency exchange experience, and is one of the most reputable names on the market. 200 countries, 100 currencies, & funds often received in seconds."
"Xe has over 30 years of currency exchange experience, and is one of the most reputable names on the market. 200 countries, 100 currencies, & funds often received in seconds."
"Sendwave is trusted by over 1 million users across the US, UK, Canada and EU. 24/7 support is available online and via the app."
"Sendwave is trusted by over 1 million users across the US, UK, Canada and EU. 24/7 support is available online and via the app."
"Key Currency offers a personal service with a dedicated account manager. There are no transfer limits or fees which is perfect for larger send amounts."
"Key Currency offers a personal service with a dedicated account manager. There are no transfer limits or fees which is perfect for larger send amounts."
"OFX have been helping individuals and businesses send money for over 25 years. Transfer in 50+ currencies to 170+ countries, with 24/7 phone access to currency experts."
"OFX have been helping individuals and businesses send money for over 25 years. Transfer in 50+ currencies to 170+ countries, with 24/7 phone access to currency experts."
"Xe has over 30 years of currency exchange experience, and is one of the most reputable names on the market. 200 countries, 100 currencies, & funds often received in seconds."
"Xe has over 30 years of currency exchange experience, and is one of the most reputable names on the market. 200 countries, 100 currencies, & funds often received in seconds."
"Remitly focuses on sending money to friends and family in Asia, Africa and South America. Wide coverage and well-suited to regular transfers home."
"Remitly focuses on sending money to friends and family in Asia, Africa and South America. Wide coverage and well-suited to regular transfers home."
"Over 16 million customers use Wise, mostly for their excellent mobile app, transparent fee structure & use of mid-market rates. Now increasingly used for larger transfers."
"Over 16 million customers use Wise, mostly for their excellent mobile app, transparent fee structure & use of mid-market rates. Now increasingly used for larger transfers."
"Over 16 million customers use Wise, mostly for their excellent mobile app, transparent fee structure & use of mid-market rates. Now increasingly used for larger transfers."
"Over 16 million customers use Wise, mostly for their excellent mobile app, transparent fee structure & use of mid-market rates. Now increasingly used for larger transfers."
"Xe has over 30 years of currency exchange experience, and is one of the most reputable names on the market. 200 countries, 100 currencies, & funds often received in seconds."
"Xe has over 30 years of currency exchange experience, and is one of the most reputable names on the market. 200 countries, 100 currencies, & funds often received in seconds."
Overall best option: Wise
Of the 13 companies that support EUR to MAD, Wise offered the best combination of cost and speed.
Sending 7,000 EUR to MAD will cost you €146.59 in fees, and you will receive 73,818.08 MAD.
So for a great mix of cost, speed & features, send Euros to Morocco using Wise.
How to compare deals on your Spain to Morocco transfer
Always compare rates
Don't pay more than you have to. Use our live comparison tool to make sure get best exchange rates on transfers from Spain to Morocco.
Choose a provider
Select the provider that offers you the best value & service for your needs.
Click, sign up & send
Follow the steps & make your transfer. Your funds will soon be on their way to Morocco from Spain.
Summary of recent searches
Understanding Spain to Morocco money transfers
Comparing providers when sending money from Spain to Morocco is the easiest way to make a transfer at the best price.
We’ve compared 13 providers for sending Euro to Morocco. This ensures you will get the best options for your transfer to Morocco from Spain.
We rate Wise as the best overall, but comparing gives you a comprehensive view of all the options for transferring money from Spain to Morocco.
Cheapest way to send money to Morocco from Spain: Sendwave
The cost is a combination of a fee of 0 EUR and an exchange rate for converting Euro to Moroccan Dirham that is -1.62% different to the mid-market rate.
We found that Sendwave is 1.86% cheaper than the second-best option.
We would recommend Sendwave for low cost, affordable transfers from Moroccan Dirhams to Morocco.
Fastest money transfers to Morocco from Spain: Panda Remit.
For example, the transfer time for sending €7,000 to Morocco with Panda Remit is minutos - 24 horas.
But, it can be quicker or longer depending on the exact amount, as well as the day and time of your transfer.
Money transfers from Spain to Morocco through Panda Remit have a fee of 4 EUR.
To confirm that Panda Remit was the 'fastest' option we compared 13 money transfer providers for the overall speed of sending money from Spain to Morocco. This was made up of depositing Euro to a money transfer account and transfer times to Morocco.
When sending quickly is a priority, Panda Remit is our recommended choice for sending into Morocco from Spain.
The best apps to send EUR to Morocco from Spain
Most money transfer companies have apps you can use to send money abroad.
We've compared and analyzed over 13 apps & companies for EUR/MAD transfers and these are the best apps we found. All these apps are available on iOS and Android for free.
App | Rating | Mobile wallet |
|---|---|---|
iOS: 4.8 / 2.6K reviews Android: 4.4 / 4.19K reviews | Yes (30+ currencies) | |
iOS: 4.9 / 2.3M reviews Android: 4.8 / 1.29M reviews | Yes (Remitly One) | |
iOS: 4.8 / 158K reviews Android: 4.8 / 1.52M reviews | Yes (40+ currencies) |
Send large sums of money
Wise offers the strongest all round option for large transfers of the 13 money transfer companies compared.
Whether for business or a property purchase, sending large amounts of money can be expensive if you get a bad exchange rate from Moroccan Dirham to Moroccan Dirham.
As such, opt for Wise for sending large sums of money to Morocco from Spain.
Understanding the cost of moving money from Spain to Morocco
The total cost of sending money to Morocco from Spain, is made-up of a combination of fees and exchange rates. Sending with a company that can offer a good deal on both ensures a good deal on your transfer.
The Mid-Market and Exchange Rates: Currently, the mid-market for EUR-MAD is 10.7751 MAD per Euro.
Finding a company offering an exchange rate closer to this will mean more Moroccan Dirham for your Euro.
The average EUR-MAD mid-market rate for the last 7 days has been 10.7659 MAD per Euro. This includes a high of 10.7851, and low of 10.7348.
Out of the 13 companies compared, Sendwave offers the best exchange rates.
The exchange rate you receive on converting EUR to MAD should be the biggest determining cost factor when transferring Euro to Morocco.
Fees: Transfer fees may have to be paid alongside the transfer, either as a set fee or a percentage of the transfer. Sendwave has a fee of 0 EUR per transfer (which is the cheapest option right now for a €7,000 transfer).
Although you should search for your send amount for actual fees.
Amount Received: Money transfer companies will show you the amount of Moroccan Dirham eventually received in Morocco.
A lower cost of sending from Spain will result in more money received in Morocco.
How to find the best exchange rate for Euro to Moroccan Dirham
Timing is essential for sending money between EUR and MAD. The exchange rate you secure impacts how much MAD you get for your EUR.
Let's dive into some interesting recent trends.
Over the past week, the exchange rate from EUR to MAD has seen some fluctuation. On average, it stood at 10.7659.
During this period, the highest value recorded was 10.7851, while the lowest was 10.7348.
Wise, which is our recommended service to send money online from Spain to Morocco offers an exchange rate that is only -0.34% above the mid-market rate.
Want to secure the best EUR-Moroccan Dirham exchange rates?
Sign up for our rate alerts and we'll tell you when it's the best time to move your money from Spain to Morocco!
Funding your Spain to Morocco transfer
Bank transfers
The default option for sending money from Spain to Morocco is often a bank transfer.
Using a money transfer company, such as Sendwave for transfers from Spain to Morocco, allows for sending via a bank transfer while benefitting from lower fees and more favorable exchange rates.
From the 13 we tested, the cheapest provider for bank transfers from EUR to Morocco is Sendwave.
With a fee of EUR0 to send money from Spain to Morocco, Sendwave offers a great combination of competitive exchange rates and lower fees.
Prepaid and debit cards
Sending money from Spain to Morocco with a prepaid or debit card is easy with Wise.
Wise is a leader in accepting card payments for transfers between Spain and Morocco.
Credit cards
When it comes to international credit card transfers from Spain to Morocco, we to get the best deal.
Fee alert: using a credit card to transfer money can mean a fee being charged by your card issuer. We recommend bank transfer or debit card instead.
How we analyze the market
We track the cost, speed, and product offerings of the leading money transfer services available between Morocco and Spain.
Our comparison engine and algorithms evaluate providers based on over 25 factors, including transfer fees, ease of use, exchange rates, mobile apps, transfer times & customer support.
We also consider how these services are rated on platforms like TrustPilot, AppStore, and Google Play, giving you a comprehensive view of what to expect.
This thorough analysis helps you get the best available deal - every time you want to move money from Spain to Morocco.
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send EUR to MAD.
For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy and review methodology.
Related transfer routes
Send money from Spain
How much money can be transferred from Spain to Morocco?
Are there any tax implications to sending money from Spain to Morocco?
Can I send money from Spain to Morocco with MoneyTransfers.com?
What are the typical transfer fees for sending Euros to Morocco through various providers?
How long does it take to send money from Spain to Morocco?
What is the best exchange rate I can get for sending money from Spain to Morocco?
Are there any minimum or maximum transfer amounts for sending money from Spain to Morocco?
Can I schedule regular transfers between Spain and Morocco?
Tools & resources
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