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Companies for transfers from Morocco to South Africa
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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."
"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."
"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."
"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."
"Lumon has cared for over 69,000 customers since 2000. Get support for larger transfers from dedicated currency specialists."
"Cambridge Currencies is a boutique UK-based currency broker helping clients send funds globally. Expect personable service & competitive rates from this new industry entrant."
"Moneycorp is an established player in the market, with a focus on private clients and corporates. Make overseas payments in over 120 currencies and 190 countries."
Overall best option: OFX
Of the 8 companies that support MAD to ZAR, OFX offered the best combination of cost and speed.
Overall, OFX appeared in 70% of Morocco to South Africa searches, consistently scoring as one of the best ways to send MAD to ZAR.
So for a great mix of cost, speed & features, send Moroccan Dirhams to South Africa using OFX.
Compare for the best deal on your Morocco to South Africa transfer
- Always compare rates
Don't spend more than you have to. Use our live comparison tool to compare rates on money transfers from Morocco to South Africa.
- Choose a provider
Pick the provider that offers you the best value & service for your needs for MAD to ZAR transfers.
- Click, sign up & send
Follow the steps & make your transfer. Your funds will soon be heading to South Africa.
Summary of recent searches
Transfer consider from Morocco to South Africa
A comparison of providers offering services between Morocco and South Africa is paramount. Based on your specific transfer amount, the best way to send money to South Africa could change. Comparing ensures the best price for your needs.
For services allowing you to send Moroccan Dirham to South Africa we've compared 8 providers.
This coverage of the market ensure you will get the best options for your transfer to South Africa from Morocco.
Overall, we rated OFX as the best, but remember comparing for your specific transfer gives you a comprehensive view of all the options for transferring money from Morocco to South Africa.
Cheapest way to transfer money to South Africa from Morocco: Lumon
Of the 8 providers compared, data shows that Lumon is 0.6% cheaper than the second-best option.
The is cost is made up of an average MAD-ZAR exchange rate that is 1% different to the mid-market rate and an average fee of 0* MAD.
If you want to secure the best rates on a MAD to South Africa transfer, Lumon will result in the most Rand received.
*The most common fee applied to MAD-ZAR by Lumon, based on data from the past six months.
Fastest way to transfer money to South Africa from Morocco: OFX.
OFX was the quickest way to send Moroccan Dirham to Rand in 46.7% of searches. For fast transfers between MAD and ZAR, OFX comes highly recommended.
When using OFX to send money from Morocco to South Africa you can expect an average fee of 0 MAD. Although we would recommend comparing the amount you want to send.
When testing the 'fastest' options we compared 8 money transfer providers. To test overall speed of sending money from Morocco to South Africa we included the timeframe for depositing Moroccan Dirham to a money transfer account and average transfer times to South Africa.
When sending money to South Africa from Morocco quickly is a priority, OFX is our recommended choice.
Need to make a large transfer?
OFX is the best option for large transfers of the 8 providers compared.
While OFX may not always be the cheapest or fastest way to send MAD from Morocco to South Africa, it's a great provider for larger transfers for things like buying or selling property.
Understanding the cost of sending money to South Africa from Morocco
The cost of sending money from South Africa to South Africa, is made-up of a combination of fees and exchange rates:
The Mid-Market and Exchange Rates: The mid-market rate determines a mid-price for buying currency. The current mid-market rate from MAD-ZAR is 1.8493 ZAR per Moroccan Dirham.
Finding a provider offering an exchange as close to 1.8493 as possible will ensure more Rand received when transferring.
For context, the MAD-ZAR mid-market rate for the past three months has averaged 1.8032 ZAR per Moroccan Dirham. This includes a high of 1.8601, and low of 1.7785.
Lumon currently offers the best exchange rate on transfers from Morocco to South Africa.
For the most part the MAD-ZAR exchange rate you receive is the biggest factor impacting the cost of sending MAD to South Africa.
Fees: Outside of exchange rates, you may need to pay a fee to send. Lumon currently offers the lowest fees on transfers to South Africa from Morocco, averaging 0 MAD over the last 6 months. Although this does include large transfers as well, we recommend searching for your exact send amount for an exact fee.
Amount Received: The amount received in Rand is the amount you started with, minus the amount you paid in the exchange and fees.
The better deal you get on exchanging Moroccan Dirhams to ZAR, paired with a low fee, means a higher total amount received in South Africa.
How to get the best exchange rate for Moroccan Dirham to Rand
Getting the best exchange rate essential for sending money between MAD and ZAR. The exchange rate you secure impacts how much ZAR you get for your MAD.
Here is how the currency has performed recently.
Over the past six months, the mid-market from MAD to ZAR has been 1.8032.
During this period, the highest value was 1.8601, while the lowest was 1.7785.
OFX, which is our recommended choice to send money online from Morocco to South Africa offers an exchange rate that is only 0.8% above the mid-market rate.
Want to secure the best MAD-Rand 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 South Africa!
How to pay for money transfers between Morocco and South Africa
Bank transfers
Bank transfers are often fastest, cheapest and best way to send money from Morocco to South Africa.
Using a money transfer company such as Lumon for transfers from Morocco to South Africa, will mean being able to send money via a bank transfer while benefitting from lower fees and more favorable exchange rates.
On average, Lumon is the cheapest provider for bank transfers of the 8 we compared for transfers from MAD to South Africa.
To send money from Morocco to South Africa, Lumon has an average fee of 0 MAD.
Debit cards and prepaid options
Sending money from Morocco to South Africa with a debit card or a prepaid card is very simple with Wise.
Wise is the cheapest option for sending money with a debit card between Morocco and South Africa. This is of the 8 money transfer companies offering debit card payments on this route.
Credit cards
When it comes to credit card money transfers from Morocco to South Africa, Wise emerges as our top choice of the 8 companies offering this service.
Be aware of fees: 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 South Africa and Morocco.
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 Morocco to South Africa.
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send MAD to ZAR.
For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy document.
Money transfer company reviews
