Western Union, MoneyGram or Bank Transfer: How to Receive Money in Morocco?

The money transfer market to Morocco is massive. However, the advertised price (transfer fees) isn't everything: the applied exchange rate is often where the real commission is hidden.

1. Cash Agencies (Western Union, MoneyGram, Ria)

The historical and most widespread option. The sender deposits cash or pays by card, and you withdraw cash minutes later at an agency (Wafacash, Cash Plus, etc.).

• Speed: Immediate (10-15 minutes).
• Convenience: Thousands of withdrawal points across Morocco.
• Cost: Often high for the sender, and uses a mediocre exchange rate.
• Verdict: Ideal for emergencies or if you don't have a bank account.

2. Mobile Apps (TapTap Send, Remitly, WorldRemit)

The new kings of the market. Everything is done from the sender's smartphone. The money arrives either in a Moroccan bank account or via cash pickup.

• Speed: Instant to 24 hours.
• Cost: Transfer fees are often very low (sometimes £0/€0).
• Exchange Rate: This is a major advantage. They frequently offer rates better than traditional banks.
• Verdict: The best current value for money.

3. International Bank Transfer (SWIFT)

Classic bank-to-bank transfer (e.g., Barclays UK to Attijariwafa Morocco).

• Speed: Slow (2 to 5 business days).
• Cost: High fees (sending fees + receiving fees + exchange spread).
• Verdict: Reserve for very large amounts (real estate, investment) where security outweighs speed.

Comparison Table (Example for €100)