Morocco saw a 20% increase in visitors in 2024, driven by major tourism investments, improved infrastructure, and its rising appeal as a cultural and digital nomad destination. From the Sahara Desert to lively souks and historic cities, it’s a favourite for tourists, entrepreneurs, and digital nomads.

But while Morocco offers unforgettable experiences, getting local currency can be tricky. ATMs high fees, offer poor exchange rates, or simply not work, especially in smaller towns. And using street exchangers puts you at risk of scams or counterfeit notes.

In this guide, we'll show you how to avoid ATM issues and hidden FX losses when visiting Morocco.

‍Also read: How to exchange currency safely when visiting Morocco

Some ATM issues you may face in Morocco

1. Unreliable ATMs: Many ATMs in Morocco run out of cash or go offline, especially in rural areas or during weekends.
2. Withdrawal limits: Most ATMs have low daily limits, forcing multiple withdrawals and increasing fees.
3. High charges: Local banks often charge international cardholders both ATM and conversion fees.
4. Exchange rates: Using foreign cards at ATMs can result in poor exchange rates and extra conversion losses.

Also read: Where to buy Moroccan dirham online

Best ways to access cash in Morocco without ATM issues

1. Use ATMs from trusted banks: Stick to reputable names like Société Générale, BMCE Bank, or Attijariwafa to reduce the risk of scams or faulty machines.
2. Know the current exchange rate: Always check the official rate (e.g., on Google or XE) before making a withdrawal to avoid being overcharged.
3. Notify your bank: Let your home bank know you're travelling to Morocco to avoid blocked transactions or fraud alerts that can freeze your card abroad.
4. Buy currency ahead: Purchasing a small amount of Moroccan Dirham before arrival gives you immediate access to cash for transport or emergencies, without ATM stress.

Also read: Convert Moroccan dirhams to USD at the best exchange rates

How to avoid foreign exchange losses in Morocco

1. Don’t exchange money on the streets:Street vendors may offer tempting rates but they often use tricks or counterfeit notes. It's safer to stick to licensed exchange bureaus or banks.‍
2. Monitor exchange rates regularly: Use apps like XE or Grey's currency converter to track live rates, so you know when to convert or withdraw at the best value.‍
3. Use digital exchange solutions: Platforms like Grey help you convert money at real-time rates with lower fees than banks or airport kiosks.‍
4. Always pay in local currency (MAD): When using a card, choose to be charged in Moroccan Dirham, not your home currency, to avoid poor rates from dynamic currency conversion (DCC).

Travel like a local with Grey

With Grey, you can skip long queues and currency conversion traps. You can instantly convert your funds to Moroccan Dirhams (MAD) at competitive rates, all from your phone.  Enjoy a smooth and stress-free travel to Morocco with Grey as the perfect travel buddy.

Sign up on Grey today or download the mobile app to avoid FX losses when visiting Morocco.

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