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Overall best choice: Wise
We tested & reviewed dozens of money transfer providers, and Wise scored highly.
Wise appeared in 100% of Morocco to Philippines searches, and was the top rated company out of 3 that support MAD to PHP.
So for a great mix of cost, speed & features, make your Morocco to Philippines transfer using Wise.
How to get the best deal on your Morocco to Philippines transfer
Summary of recent searches
Important things to consider before sending money from Morocco to Philippines
Don't settle for the first option. Always compare ways to send money from Morocco to Philippines to find out about fees, speed, and reliability.
Our analysis included 3 providers that operate between Morocco and Philippines.
Through this, you get a comprehensive view of all the options you have in Morocco when you need to send money to Philippines.
Cheapest way to send money to Philippines from Morocco: CurrencyFair
Data collected over the past six months shows that CurrencyFair is 7.3% cheaper than the second-best option.
The .د.م2.99 transfer cost represents the most common fee for MAD to PHP international transfers, based on data from the past six months.
If you want to secure the best rates on a MAD to Philippines transfer, make sure you pick CurrencyFair to send your money online.
*The most common fee applied to MAD-PHP by CurrencyFair, based on data from the past six months.
Fastest way to send money from Morocco to Philippines: CurrencyFair
Our data shows that CurrencyFair came up as the fastest way to send money from Morocco to Philippines in 100% of searches. This makes them well suited to urgent MAD to PHP money transfers.
The 'fastest' way to send money is defined by the overall speed of sending money from Morocco to Philippines - this includes deposit, transfer and withdrawal timeframes and often differs per currency.
When speed matters, CurrencyFair is your best choice at the moment. This service emerged as the quickest way to send money to Philippines from Morocco in 100% of the searches on MoneyTransfers.com over the past six months.
Need to send over $10,000?
Opt for a service proven with large transfers when size matters. For transfers over $10,000, your best bet is Wise.
While Wise may not always be the cheapest or fastest way to send MAD from Morocco to Philippines, it’s the provider that will keep you safe and relaxed while your money moves into PHP.
Understanding the costs involved when moving money from Morocco to Philippines
When calculating the costs of money transfers between Morocco and Philippines, here's what really matters:
The Mid-Market Rate: Today, the MAD-PHP mid-market rate equals to 5.719156 PHP per Moroccan Dirham.
The MAD-PHP average exchange rate for the past three months has been 5.6041 PHP per Moroccan Dirham, with a high of and a low of .
When looking to send money, we'd recommend Wise. On average Wise is 0.06% away from the average mid-market rate. Fees may be added on top, but they're still the cheapest provider on average from MAD to PHP.
How to find the best exchange rate for Moroccan Dirham to Philippine Peso
Timing is essential for sending money between MAD and PHP. The exchange rate you secure impacts how much PHP you get for your MAD.
Let's dive into some interesting recent trends.
Over the past six months, the exchange rate from MAD to PHP has seen some fluctuation. On average, it stood at 5.6041.
During this period, the highest value recorded was , while the lowest was .
Wise, which is our recommended service to send money online from Morocco to Philippines offers an exchange rate that is only 0.06% above the mid-market rate.
Want to secure the best MAD-Philippine Peso exchange rates?
Sign up for our rate alerts and we'll tell you when it's the best time to move your money from Morocco to Philippines!
Payment methods available to fund your Morocco to Philippines transfer
Bank transfers
Bank transfers are often the default option for sending money from Morocco to Philippines.
By using a money transfer company such as CurrencyFair for transfers from Morocco to Philippines, you can send money via a bank transfer while benefitting from lower fees and more favorable exchange rates.
On average, CurrencyFair is the cheapest provider for bank transfers from the 3 we tested when sending MAD to Philippines.
With an average fee of MAD80 to send money from Morocco to Philippines, CurrencyFair offers a great combination of competitive exchange rates and lower fees.
Debit and prepaid cards
Sending money from Morocco to Philippines with a debit or a prepaid card is very simple with Instarem.
Instarem is a leader in debit card payments for transfers from Morocco to Philippines, competing among a total of 3 active money transfer companies on this route.
Credit cards
When it comes to credit card transfers from Morocco to Philippines, Instarem emerges as our top choice of the 3 companies offering this service.
Fee alert: using a credit card to transfer money often results in a fee being charged by your card issuer. That's why 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 Philippines and Morocco.
Our comparison engine and algorithms evaluate providers based on over 25 factors.
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 Morocco to Philippines.
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send MAD to PHP.
For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy document.
Money transfer company reviews
