Across Europe and beyond, Moroccans in the diaspora regularly send euros back home support their families, invest in businesses, or cover expenses. However, for those receiving the money in Morocco, the process isn't always smooth. If you’re wondering how to receive euros in Morocco quickly, securely, and without losing too much to fees or poor exchange rates, you’re in the right place.

This article will guide you through the best methods to receive Euros to Morocco and why choosing the right platform can make all the difference.

Also read: How to open US, UK and Euro bank accounts in Morocco

Top platforms for receiving euros in Morocco

1. Grey: Grey offers users a euro account with a European IBAN. This allows individuals to receive payments directly from clients, employers, or family in Europe and convert them to Moroccan Dirhams at competitive exchange rates before withdrawing to a local bank account.
2. Payoneer: Payooner is another widely used platform, especially popular with freelancers and remote workers. It provides a euro account for accepting international payments, which can then be withdrawn into a Moroccan bank account.
3. Western Union: Western Union offers a reliable solution for receiving euros in Morocco, especially for personal remittances. Funds can be sent from Europe and collected in cash at a local Western Union agent or deposited into a bank account in Morocco, depending on the sender’s choice.
4. Wise: Wise allows users to receive euros from European accounts and offers transparent exchange rates. Although direct EUR account functionality is limited in Morocco, Wise is still useful for receiving funds from abroad with minimal fees and fair currency conversion.

Also read: Best apps for sending money to Morocco

How to avoid high fees when receiving euros in Morocco

1. Receive into a euro account: To avoid high conversion and bank charges, receive payments directly into a euro account. This helps you skip unnecessary exchange fees and gives you more control over when to convert your funds.
2. Monitor exchange rates: If you need to convert euros to dirhams, compare exchange rates first. Some platforms offer poor rates, meaning you lose value during the conversion process.
3. Use platforms with transparent fees: Choose services that clearly show what you'll be charged, no hidden or layered fees. Transparency helps you keep more of your money.
4. Choose Grey: Grey allows users in Morocco to receive euros directly into a virtual Euro account, avoid surprise charges, and convert funds only when rates are favorable. With fast transfers and multi-currency support, it’s an ideal choice for freelancers, remote workers, and small businesses receiving international payments

Also read: Best way to transfer money from Morocco to Europe

How to receive euros from Morocco with Grey

1. Sign up for a Grey account

Start by creating a free account on the Grey website or app. You will need to provide some basic details and upload ID documents to verify your identity. Once verified, you can request virtual bank accounts in Euros, US Dollars, and British Pounds.

2. Receive euros into your Grey account

Share your Grey Euro account details with clients, employers, or platforms like Upwork. Payments sent in Euros will land directly in your Grey wallet without conversion or hidden fees.

3. Withdraw or convert as needed

Once the euros reflect in your account, you can either withdraw to your local bank or convert to dirhams (MAD) at competitive rates, all within the app.

4. Track and withdraw funds

Monitor your transfer in the app, convert euros to Moroccan Dirhams if needed, and withdraw to a local bank account.

Conclusion

Grey makes sending and receiving euros in Morocco simple, fast, and affordable. With free  EU bank accounts, you get more value with transparent fees and great exchange rates.  Open your free Grey account now and start receiving euros the smarter way.

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