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Send money from Spain to Morocco
"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."
"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."
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"Regency's UK-based account management team has vast experience. Get support on all kinds of transfers, from overseas property transactions to business payments & more."
"TorFX's 5-star service handles most currency needs, especially relating to overseas property, emigration & retirement. Friendly phone support, no-obligation conversations & no max transfer limit."
"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."
"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."
PayPalRecipient gets (MAD)MAD 67,958.13Not recommended
"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."
Overall best option: Wise
Of the 14 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 72,426.15 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
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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 14 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: Key Currency
The cost is a combination of a fee of 0 EUR and an exchange rate for converting Euro to Moroccan Dirham that is 0.25% different to the mid-market rate.
We found that Key Currency is 0.02% cheaper than the second-best option.
We would recommend Key Currency for low cost, affordable transfers from Moroccan Dirhams to Morocco.
Fastest money transfers to Morocco from Spain: Regency FX.
For example, the transfer time for sending €7,000 to Morocco with Regency FX is minutes - 24 hours.
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 Regency FX have a fee of 0 EUR.
To confirm that Regency FX was the 'fastest' option we compared 14 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, Regency FX is our recommended choice for sending into Morocco from Spain.
Send large sums of money
Wise offers the strongest all round option for large transfers of the 14 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 10.5452 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 10.5358 MAD per Euro. This includes a high of 10.5468, and low of 10.5192.
Out of the 14 companies compared, Wise 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. Key Currency 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 10.5358.
During this period, the highest value recorded was 10.5468, while the lowest was 10.5192.
Wise, which is our recommended service to send money online from Spain to Morocco offers an exchange rate that is only -0.22% 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 Key Currency 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 14 we tested, the cheapest provider for bank transfers from EUR to Morocco is Key Currency.
With a fee of EUR0 to send money from Spain to Morocco, Key Currency 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 recommend comparing your options 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 document.
Money transfer company reviews
