Close
Follow all our news on Facebook!

Most Economical Way to Send Remittance Morocco

Hello,

(This post is on behalf of a friend of mine)

A new moroccan expat in UAE, looking for ways to send money home in Morocco with minimum extra costs.
Anything more economical than WU and the likes of them, as they deduct tremendous amount of charges.

All help is appreciated. Thank you.

Hi Mr AhmadKhan,

Do not hesitate to create another thread on the Morocco forum so that you may get responses from members already there.

- Morocco forum

All the best,
Bhavna

Thank you for the suggestion.

The most economical way to exchange one currency to another is to use an FX platform. Bank to bank is the most costly way but most of us do it this way as we are too lazy to give 20 minutes of our time to open an FX account (which is free) where we will save around 4% on all future exchanges.

Try Al Ansari Exchanges rather than WU. Wu are really thievy and have long queues too!

@Ulas Sadak

Can you be more elaborate and explain a bit further. Thank You

Stuart1 :

Try Al Ansari Exchanges rather than WU. Wu are really thievy and have long queues too!

Thank You for the suggestion. Will ask him to check it as well.

New topic

Moving to the United Arab Emirates

Find tips from professionals about moving to the United Arab Emirates

International Wealth Management in the United Arab Emirates

Get advice from well-reputed and experienced international wealth managers regarding your financial affairs in the United Arab Emirates

Travel insurance in the United Arab Emirates

Enjoy stress-free travel to the United Arab Emirates

Flights to the United Arab Emirates

Find the best prices for your flight tickets to the United Arab Emirates