22 May 2025
Supporting family back home through money transfer to Morocco is a vital part of life for many Moroccan expats in France. With several options available, it’s important to know which provider offers the cheapest and most secure money transfer services. BMCE, Poste Maroc, and Damanecash are popular choices, but their fees, exchange rates, and speed vary significantly.
Choosing the right service can save you time and reduce costs, so every euro you send goes further. This guide explains how each service works, helping you make an informed choice. Whether your family lives in Casablanca, Rabat, or Marrakech, understanding the best cheap way to send money to Morocco will help you support them better.
Comparing transfer costs between BMCE, Poste Maroc, and Damanecash is essential to make the most of your hard-earned money. Each service has different fee structures that can significantly impact the total cost of sending money. BMCE often charges a mix of fixed and variable fees based on the amount you send, which can add up for larger transfers. Poste Maroc tends to offer lower upfront fees, but the exchange rates they provide may include hidden margins, reducing the actual value your family receives. Damanecash usually features competitive fees and occasionally runs promotions for first-time users, making it an attractive option for cost-conscious senders.
Feature | BMCE | Poste Maroc | Damanecash |
Transfer Fees | Fixed + variable fees based on amount; can get expensive for large sums | Low upfront fees; may include hidden costs in exchange rates | Competitive fees; occasional promotions for first-time users |
Exchange Rates | Fluctuating; often less competitive than digital platforms | Uses official rates; may apply unfavorable margins | Market-driven rates; closer to real-time values |
Speed & Delivery | 1–3 business days; slower for urgent needs | 24–48 hours; cash pickup available, suitable for unbanked recipients | Fast transfers, sometimes instant; via digital wallets or cash points |
Best For | Traditional bank users making occasional large transfers | Users preferring government services and cash pickups | Cost-conscious senders looking for speed and value |
Beyond fees, exchange rates play a major role in how much your recipient gets. BMCE’s rates can fluctuate and may not always be as competitive as digital platforms. Poste Maroc generally uses official rates but may apply additional charges indirectly through less favorable rates. Damanecash offers market-driven rates that often come closer to real-time currency values, giving your family more dirhams per euro. Not sure which provider to trust?
Learn how to choose the right money transfer service for Morocco remittance transfer from abroad.
According to The Fintech Times, an estimated five million Moroccans live abroad, with about 42% sending money home to loved ones. This underlines the importance of secure and efficient remittance solutions for Moroccan expats. Paysend’s partnership with Damane Cash aims to transform how Moroccan communities manage money online globally.
Finding a service that is both affordable and convenient is essential for busy expats and students living in France. You want a money transfer option that fits your lifestyle, offering easy access without sacrificing cost or speed. Whether you prefer visiting a branch, using a mobile app, or picking up cash in Morocco, the right provider makes all the difference..
BMCE offers physical branches in both France and Morocco, making it a familiar choice for bank-to-bank transfers. This setup allows you to send money securely through established banking channels. However, the need to visit branches in person can be inconvenient, especially if you have a busy schedule or limited local branch availability. While BMCE provides reliable service, the traditional method may feel slow compared to digital alternatives that let you send money online from anywhere.
Poste Maroc stands out with an extensive network of cash pickup points across Morocco, including major cities like Casablanca, Rabat, and Marrakech. This widespread presence benefits recipients who may not have bank accounts, allowing them to collect money easily at nearby locations. For families living in urban or rural areas, this network ensures accessibility. However, this method requires your recipients to visit a physical location, which might not always be convenient depending on their circumstances.
Damanecash has built a strong digital platform, making it easy to send money through its website or mobile app. This approach suits users who prefer the convenience of online transfers without the need to visit branches or agents. The digital-first model offers fast processing times and 24/7 access, which is ideal for tech-savvy expats and students. While Damanecash offers flexibility, users should ensure their recipients can access funds easily, depending on the payout options available locally.
When comparing services, the best providers combine transparency, affordability, and speed. Many transfer services offer similar features, but some stand out with clearer fees, better exchange rates, and faster delivery.
ACE Money Transfer excels in providing a secure money transfer to Morocco from France with transparent fees and real-time exchange rates that maximize the amount your family receives. Transfers are often instant or near-instant to major Moroccan cities, including Casablanca, Rabat, and Marrakech.
ACE’s online platform and mobile app offer 24/7 access, multiple payout options like bank deposits, cash pickups, or mobile wallets, making sending money convenient and stress-free.
Download the ACE App (Andriod & IOS) Now!
To ensure you get the best value when you transfer money to Morocco, always compare fees and exchange rates, and consider the speed of delivery. Services that offer real-time tracking and customer support make the process smoother.
If your loved ones are in cities like Casablanca, Rabat, or Marrakech, choose services with multiple payout options nearby. This reduces the need for long travel and waiting times to collect funds. Choosing a platform with a strong digital presence and a secure transaction system ensures your money arrives safely and quickly.
Deciding on the cheapest and most efficient way to send money to Morocco means balancing fees, exchange rates, delivery speed, and convenience. BMCE, Poste Maroc, and Damanecash each have their strengths, but also some drawbacks. For many, a faster, transparent, and more flexible service is the smarter choice.
Choosing the right platform can help you send money without worrying about hidden costs or delays. A cheap way to send money to Morocco with guaranteed security ensures your family gets the support they need on time.
Your money transfer deserves the best service — easy, reliable, and cost-effective. ACE Money Transfer stands out with excellent customer satisfaction, and its 4.8+ ratings on Trustpilot confirm its quality.
Choosing a service with low fees and competitive exchange rates is key. Digital platforms often offer cheaper and faster options than traditional banks. ACE Money Transfer is known for affordable, transparent pricing.
Yes. Many services, including ACE Money Transfer, support payouts in these major cities through bank deposits, cash pickup, or mobile wallets.
Transfer speed varies by service. BMCE can take 1-3 days, Poste Maroc offers 24-48 hour cash pickups, and Damanecash and ACE Money Transfer often provide instant or near-instant transfers.
Yes. Providers use encryption and regulatory compliance to secure your funds. Choosing well-reviewed companies ensures safer transactions.
Definitely. Many providers, including ACE Money Transfer, have mobile apps that let you send money anytime, anywhere with ease.
