Money sent home is a major part of Morocco’s economy, and getting dirhams to family quickly and cheaply is easier than ever in 2026. The right choice hinges on how your recipient wants to receive the money — a bank deposit, or cash in hand. Here is the full guide.
For bank transfers, Wise is usually cheapest — real mid-market dirham rate, very low markup. For cash pickup or home delivery, Ria, Remitly and TapTap Send are strong and deliver in minutes. Compare on the dirhams received. Fund from a bank account or card to stay exempt from the new 1% US remittance tax.
Morocco’s currency: the dirham (MAD)
Morocco uses the Moroccan dirham, written DH and coded MAD. The dirham is a managed currency, pegged to a basket dominated by the euro and US dollar, so its rate is relatively stable but still carries a conversion cost. Your money is converted into dirhams for deposit or pickup, so both the fee and the exchange rate shape what your recipient gets. Check any offer against the mid-market MAD rate on our live converter.
Best options for sending money to Morocco
| Provider | Best for | Notes |
|---|---|---|
| Wise | Bank transfers | Real mid-market rate, very low markup on MAD — cheapest for bank deposits |
| Ria | Cash pickup & home delivery | Often cheapest cash option; broad agent network |
| Remitly | Cash pickup & wallets | Fast delivery in minutes; strong first-transfer promos |
| TapTap Send | Low-cost transfers | Competitive fees to MAD; worth comparing per transfer |
Bank deposit vs cash pickup
If your recipient has a bank account, a deposit is usually the cheapest route, and Wise’s near-zero markup on the dirham makes it the default winner here. If they prefer physical cash, Morocco is well served: Ria, Remitly, TapTap Send, Western Union and MoneyGram all offer pickup at banks and agent locations, and some add home delivery. Ria is frequently the cheapest cash-pickup option, while Remitly tends to be the fastest — often ready within minutes.
The 1% US remittance tax
Since January 1, 2026, a 1% US federal excise tax applies to outbound remittances funded with cash or a money order. Transfers funded from a US bank account or with a debit or credit card are exempt. Sending online from your bank gets the best rate and avoids this tax entirely.
How to get the best deal
Decide the delivery method with your recipient first, then compare only the providers that serve it well — on the dirhams received, the figure that already includes fee and rate. Fund electronically, and watch for Remitly’s first-transfer offers, which can make an opening send especially cheap.
Check today’s USD to MAD rate
The dirham rate shifts daily. See the real mid-market USD to MAD rate before you send so you can judge each provider’s markup.