There’s a quiet revolution happening in the cafés of Morocco. More and more Moroccan freelancers are finding clients across the globe. But while international work opens up global income, the moment payments arrive, many freelancers are hit with a harsh reality: crippling foreign exchange fees.

Imagine completing a €500 project for a French company, only to lose a significant portion of that money to poor exchange rates, double conversion costs, or hidden platform charges. That’s the story many Moroccan freelancers know all too well.

Luckily, that story is changing. Grey is helping Moroccan freelancers keep more of what they earn by offering smarter ways to manage foreign currency and avoid FX losses.

Also read: AFCON 2025: The best tourist sites to visit in Morocco

Why FX fees are a problem for Moroccan freelancers

Traditional platforms and banks often offer poor exchange rates and charge extra fees for international transfers. These losses are especially painful when:

• Platforms automatically convert foreign currencies to Moroccan Dirhams (MAD) at unfavourable rates, leaving freelancers no control.
• Double conversions occur, such as USD to EUR and then EUR to MAD.
• Transfer fees eat into already tight project budgets.

The result? Moroccan freelancers lose 5–10% of their income on conversions alone, sometimes more. For those with recurring international gigs, this adds up quickly over time.

How Grey helps Moroccan freelancers avoid FX losses

Grey provides freelancers in Morocco with international bank accounts in EUR and GBP. This allows them to receive payments directly in the original currency without auto-conversions or surprise fees.

Here’s how Grey helps:

• Hold funds in foreign currency: Freelancers can keep their EUR or GBP without immediate conversion.
• Convert when it’s smart: They can monitor real-time exchange rates on Grey and convert to MAD when rates are most favourable.
• Low and transparent fees: Grey doesn’t apply sneaky deductions. What you see is what you get.
• Local withdrawals: Freelancers can send the funds to their Moroccan bank account after converting.

This flexibility is what sets Grey apart. Instead of being at the mercy of other platforms, Moroccan freelancers regain control of their income.

Also read: Highest-paying remote jobs for professionals in Morocco

Let’s break it down with a quick scenario

Achraf is a web developer based in Rabat. He regularly works with clients in the UK who pay him in pounds. Instead of using his local bank, which would convert the payment at a poor rate and deduct fees, he uses her Grey GBP account to receive the money directly.

A few days later, when the GBP-MAD rate is strong, he withdraws to his Moroccan bank account, all within minutes.

Now there’s more money in his pocket, and no stress about hidden charges.

How to get started with Grey in Morocco

Getting started with Grey is simple, and the entire process is online. Here’s how:

1. Sign up: Visit grey.co or download the Grey app.
2. Verify your identity: Submit a valid national ID or passport and proof of address.
3. Open your accounts: Choose from USD, EUR, or GBP accounts.
4. Share your details: Use the provided account information to receive payments from freelance platforms like Upwork and Fiverr or directly from clients.
5. Withdraw: At your convenience, withdraw to your local Moroccan bank account.

With this setup, freelancers can manage their income across borders with ease and confidence.

‍Also read: How to send and receive USDC as a Moroccan freelancer

Why more Moroccan freelancers are switching to Grey

Grey offers more than just convenience; it’s about reclaiming the full value of your hard work. Here’s why it’s gaining popularity among freelancers across Morocco:

• Preserve your income: By avoiding unfair conversion rates and fees.
• Multicurrency control: Hold, convert, and manage USD, EUR, and GBP from one account.
• Support for global payments: Perfect for freelancers working with clients in Europe, North America, or beyond.
• No paperwork, no visits to the bank: Everything is done online from your phone or laptop.

As the world becomes more global, freelancers need tools that support how they work and get paid, without outdated systems dragging them down.

Also read: How to receive Amazon payments in Morocco

Get paid smarter with Grey

For Moroccan freelancers, who are writing, designing, coding, or consulting for clients worldwide, your hard-earned income should reach you without being chipped away by FX fees.

Grey gives you the tools to keep more of what you earn, convert on your terms, and build a sustainable freelance career that’s truly global.

Create your Grey account today or download the app to enjoy inclusive global banking designed to carry your dreams across borders.

‍