04 Jul 2025
For Moroccan expats working and living in Slovakia, supporting family back home is a regular part of life. Whether it's covering daily expenses, education fees, or medical costs, remittances remain vital. But here’s a key question many face: Should you send money to Morocco weekly or monthly from Slovakia?
In this guide, we’ll explore both options to help you decide the most efficient and cost-effective way to make your money transfer from Slovakia to Morocco, especially in 2025.
You might think the timing of your transfers doesn’t make a big difference—but it does. Factors like transfer fees, exchange rates, and urgency can significantly affect how much money actually reaches your loved ones.
According to the World Bank, Morocco received over $11 billion in remittances in 2023, showing how essential these funds are to families and the broader economy. Making smart choices in how and when you transfer money ensures you save more and send more home.
Choosing how often to send money—weekly or monthly—can significantly affect your family’s financial stability and your overall transfer costs. Both options have their own advantages and drawbacks depending on your priorities, such as convenience, exchange rates, and household needs. Here’s a side-by-side look at the pros and cons of each approach:
Sending money in smaller, more frequent amounts can be a smart choice—but it’s not without trade-offs. Depending on your family's needs and your goals, this method can offer flexibility or add extra costs. Here’s a quick look at the pros and cons of sending remittances frequently:
Sending money in larger, less frequent amounts can be a cost-effective approach—especially if you’re looking to minimize fees and take advantage of favorable exchange rates. But it may not work for every situation. Here’s a breakdown of the benefits and drawbacks of sending bigger remittance transfers:
How often you send money abroad can make a big difference—not just for your loved ones back home, but also for your own budgeting and costs. Whether you're choosing weekly or monthly remittances, it's important to consider factors like fees, exchange rates, urgency, and your income schedule. Here are four key points to help you decide the best approach for sending money to Morocco from Slovakia:
Sending money more often usually means paying more in fees. Even low-cost services can add up if you’re sending multiple times a month. That's why consolidating into one online money transfer from Slovakia to Morocco monthly can often be more cost-effective.
Stat Insight: The World Bank recommends reducing remittance costs to 3% globally. Yet many traditional services still charge over 7% per transaction, especially for frequent small transfers.
If you monitor exchange rates closely, weekly transfers may let you take advantage of short-term peaks. However, for most senders, monthly transfers offer more stability and convenience.
ACE Money Transfer provides real-time exchange rate tracking, helping you decide the best time to send money to Morocco online from Slovakia.
Are your recipients dependent on weekly allowances for food, utilities, or transport? If so, more frequent transfers might make sense. But if they can manage monthly, fewer transfers will likely save on costs and effort.
If you get paid weekly or biweekly, small transfers might fit your cash flow. But if your income is monthly, aligning your transfers with your salary makes financial planning easier and reduces overspending.
Whether you prefer sending weekly or monthly, ACE Money Transfer supports both options with a reliable, flexible, and user-friendly platform.
Here’s how you can use ACE to make smart, timely transfers:
Whether you’re making a one-time or recurring transfer, ACE has you covered.
There’s no one-size-fits-all answer. If your family in Morocco depends on frequent funds, weekly transfers may be more practical. But if you’re looking to cut fees, maximise exchange rates, and simplify your budget, monthly transfers are usually the smarter choice.
The good news? With ACE Money Transfer, you have the freedom to choose. The service is designed for modern expats who need flexibility, speed, and affordability.
No matter how often you send—weekly or monthly—ACE Money Transfer gives you the flexibility, affordability, and speed you need to support your loved ones in Morocco. Download the ACE app or visit the website to start your first transfer today and enjoy peace of mind with a trusted service. Your money, your way—secure, fast, and cost-effective with ACE!
Monthly transfers usually cost less overall, as they reduce the number of times you pay fees.
Yes. ACE allows you to set up future or repeat transfers easily, giving you convenience and peace of mind.
Most ACE transfers are processed within minutes, though delivery time can vary based on the payout method.
Transfer limits depend on the chosen payment method and compliance regulations. You’ll see any applicable limits during your transaction.
Absolutely. ACE uses secure encryption technology and is fully regulated, ensuring your transactions are safe and protected.
