Money Transfer Comparison from Canada to Morocco
CAD
Live rate
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Provider ranking
Bank transferAmount received on a 500 CAD bank transfer, fees and exchange rate included. Best first.
| Service | Rate applied | Fee | Recipient gets |
|---|---|---|---|
1LemFi | 6,8890 | 0 CAD | 3 444 MAD |
2Sendwave | 6,8722 | 1,99 CAD | 3 422 MAD |
3Western Union | 6,8346 | 0 CAD | 3 417 MAD |
4Remitly | 6,8547 | 1,99 CAD | 3 413 MAD |
5XE | 6,8476 | 1,99 CAD | 3 410 MAD |
6Paysend | 6,8523 | 3,00 CAD | 3 405 MAD |
7MoneyGram | 6,8168 | 0,99 CAD | 3 401 MAD |
8Wise | 6,9793 | 16,40 CAD | 3 375 MAD |
9Ria Money Transfer | 6,7992 | 3,89 CAD | 3 373 MAD |
10Xoom | 6,6638 | 4,99 CAD | 3 298 MAD |
Mid-market rate : 6,9779 MAD/1 CAD.
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All Supported Providers
Compare rates across our trusted network of money transfer providers to find the best deal for your transfer.
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Cash Pickup & Local Partners
Your recipient can collect cash from these trusted local partners.
CashPlus★4.1/5
Wafacash★3.8/5
Barid Cash★4/5
DirhamExpress★4.2/5
Chaabi Cash★3.9/5
CanalM★4/5
Poste Maroc★3.8/5
Bank of Africa★4.1/5
Frequently Asked Questions — Money Transfers to Morocco
Online platforms like Wise, Remitly, and TapTapSend are generally the cheapest for bank transfers to Morocco. Use our comparison tool to see in real time exactly how many dirhams (MAD) your recipient will receive, including all fees and exchange rate margins.
Compare multiple providers simultaneously on IdealRemit. The interbank rate (the rate you see on Google or XE.com) is the benchmark — the closer a provider's rate is to it, the less hidden margin you pay. Wise consistently offers the interbank rate with transparent fixed fees.
The main hidden cost is the exchange rate margin. A provider advertising 'zero fees' almost always compensates with a less favourable rate. Our comparison tool calculates the total cost — fixed fees AND exchange rate margin — so you see exactly what your recipient receives.
Remitly and TapTapSend offer transfers in minutes for cash pickup. Bank transfers via Wise or Remitly Economy take 1–2 business days. Western Union and MoneyGram agent locations are typically available within the hour.
Yes. Online platforms like Wise, Remitly, and TapTapSend operate 24/7 — you can initiate a transfer at any time. However, bank processing on the Moroccan side may be delayed to the next business day, depending on your chosen provider.
For small amounts (typically up to CA$1,000), a government-issued ID is sufficient. Above that, providers may request proof of address and, for larger amounts, proof of the source of funds. Identity verification is usually a one-time process when creating your account.
A comparison tool shows you in seconds which option is cheapest for your specific amount and destination. For Morocco transfers, digital alternatives like Wise or Remitly are often 30–60% cheaper than Western Union for bank deposits. Our rankings are based solely on the amount your recipient receives — not commercial agreements.