How to transfer local income earned in morocco to abroad


I am considering a job opportunity in Casablanca, Morocco, however I have heard that it is not permitted to transfer more than 50% of income into a convertible account from where we can freely transfer money abroad. Is this true? I could not find much information on this in the internet. Would really appreciate if anyone could brief me on the regulations governing international fund transfer in Morocco


When I was in Morocco, the rule was that it was not allowed to transfer more than 20000 dirhams in a year outside Morocco. I am not sure how much of that is changed but surely there is a restriction to money transfer. Since the amount was less, we used to get it converted to dollars and take the cash with us when traveling to home country. Also there are several western union branches from where you can transfer abroad.

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