Send money from Ethiopia to Morocco and pay dirhams into a Moroccan bank account
Ethiopian freelancers, companies and families who hold US dollars use this corridor to pay people and businesses in Casablanca, Rabat and the rest of Morocco. The dollars sit in a Grey USD account, you convert what you need into dirhams, and the payout goes to a Moroccan bank account addressed by its RIB. The recipient sees dirhams credited to the account they already hold.
ETB
MAD
-
Trusted by 3M+ people around the world
GOOGLE PLAY •22K REVIEWS
APP STORE • 12K REVIEWS
From a dollar balance in Ethiopia to dirhams in a Moroccan account
Dollar earners in Ethiopia are the senders on this corridor. Freelance developers, designers and consultants in Addis Ababa and the regional cities invoice clients abroad, and Ethiopian firms pay Moroccan agencies, suppliers and service providers out of the same earnings. Families covering fees and living costs for a relative studying in Casablanca, Rabat or Marrakech send from that dollar income as well.
What leaves Grey is dollars you already hold, converted at the point of sending. The Grey USD account is provided by Lead Bank and carries US routing and account numbers, so a client or an employer abroad can pay you into it in the ordinary way. No other currency enters the transfer at the Ethiopian end.
Moroccan payouts are addressed by RIB, the 24-digit identifier banks there route with. It names the bank and the account together, so you do not need to work out which branch the account belongs to. Attijariwafa Bank, Banque Populaire, BMCE Bank of Africa, CIH Bank and Societe Generale Maroc all receive dirhams this way.
How to send money to Morocco from Ethiopia
Sign up
Open your Grey account in the app and pass the identity check with a passport or another accepted photo document. Grey Inc is registered with FinCEN, registered address 651 N Broad St, Suite 206, Middletown, DE 19709, United States.
Fund
Dollars arrive in Grey through the US routing and account numbers on your Lead Bank USD account, whether paid in by a client or wired over from a dollar account you hold elsewhere. Moroccan payouts are funded from that balance.
Send
Choose Morocco, enter the RIB and the account holder's name, then set the amount and choose the delivery speed. The dirham figure, the rate and the fee are displayed before you commit, and the rate is held once you confirm.
What it costs to send dirhams to Morocco
A payment carries two charges and only one of them is announced. The quiet charge is the difference between the rate applied to your dollars and the rate the market is quoting, and it comes out of the dirhams rather than appearing as a fee. A transfer sold as free can still deliver less.
So compare the dirham figure. Put the same dollar amount through Grey and through whichever of Wise, Remitly or your own bank you were weighing, then read what each promises will reach the Moroccan account. Both charges are already contained in that figure.
Correspondent wires resist this test entirely. Banks along the chain may deduct as the payment moves, so what is credited in Casablanca need not match what was agreed at the outset. The dirham amount Grey quotes is the dirham amount it pays.
Where the payment recurs, the difference recurs with it. A company settling a Moroccan supplier monthly, or a family paying a university across an academic year, meets the same spread on every transfer unless the route is priced properly once.
How the dirham amount is settled at confirmation
Grey fixes the dollar to dirham rate when you confirm, which turns a moving price into a figure you can plan against. Market movement afterwards does not alter what is credited to the Moroccan account.
One conversion applies and no more. Because the balance is already in dollars there is nothing to exchange into dollars first, so the transfer carries a single rate and a single margin instead of two layered together.
The choice of when to convert stays with you. Dollars can be left in Grey as long as you like, so a payment without a deadline can wait for a dirham figure you are happier with.
Grey set against an ordinary bank wire to Morocco
A bank wire to Morocco passes through correspondent banks, which brings cut-off times, working days and deductions that can be applied once the money is already moving. Grey delivers the final leg into the Moroccan account itself, so the dirhams post as an ordinary credit on the recipient's statement.
The other difference is control. Grey lets you pick the delivery speed at the point of sending rather than inheriting whatever the correspondent chain provides, and the status of the payout stays in the app instead of behind a telephone call to a branch.
What your recipient in Morocco sees
Dirhams are credited to the Moroccan bank account the recipient already uses. They never register with Grey, and there is nothing to collect in person.
Moroccan banks reached by RIB
Attijariwafa Bank, Banque Populaire, BMCE Bank of Africa, CIH Bank and Societe Generale Maroc all receive dirhams. The 24-digit RIB identifies the account, and it is the only routing detail you enter.
Two delivery speeds
You pick the speed when you send, and both options reach the same Moroccan bank accounts. The decision is simply whether the money is wanted today or later in the week.
GreyTag
If your recipient holds a Grey account, send to their GreyTag and skip the bank details altogether. Transfers between Grey users are instant and free, in any currency.
Funding comes before sending
Dirhams are bought with dollars that are already in the account, so the route you use to fund Grey sets how soon a Moroccan payout can leave.
Payments from clients abroad
Share your Grey USD account details once and every later payment from that client lands in Grey on its own.
An inbound dollar wire
Wire dollars across using the routing and account numbers the app displays for your USD account.
Dollars you already hold
A balance sitting in Grey needs no clearing, so the dirhams can be sent as soon as you confirm.
A standing dollar balance works better on this corridor than funding each payout as it falls due. Moroccan supplier terms and university deadlines seldom match the week a client settles with you, and dollars held in advance remove that mismatch.
Who sends money from Ethiopia to Morocco
Independent professionals
Developers, designers and consultants in Addis Ababa and the regional cities who invoice abroad in dollars and pay Moroccan collaborators from the same balance.
Businesses with Moroccan suppliers
Ethiopian companies paying Moroccan agencies, manufacturers and service providers, often sending several dirham payouts on the same day each month.
Employees of overseas companies
People resident in Ethiopia whose employer is abroad and pays in dollars, forwarding part of that income to Morocco.
Families funding study in Morocco
Households covering tuition, rent and monthly costs for a relative studying in Casablanca, Rabat or Marrakech, funded from dollar earnings.
Senders on this corridor earn US dollars while based in Ethiopia. Independent professionals account for most of it, followed by businesses paying Moroccan suppliers, professionals on foreign payrolls, and families supporting students in Morocco.
The best way to send money from Ethiopia to Morocco
FAQs
How much does it cost to send money from Ethiopia to Morocco?
The rate, the fee and the dirham total are shown before you confirm. Compare the dirham total rather than the advertised fee.
How long does a dirham payout take to arrive?
Two delivery speeds are offered and you choose between them when sending. Each payout also carries a status in the app.
What details do I need about the recipient?
The 24-digit RIB and the name on the account. The RIB identifies the bank and the account together, so no branch detail is needed.
Which Moroccan banks can receive the money?
Attijariwafa Bank, Banque Populaire, BMCE Bank of Africa, CIH Bank and Societe Generale Maroc all accept dirham payouts through Grey.
Is there a limit on transfers to Morocco?
Any limit that applies to your account appears in the app before confirmation, so it is never a surprise afterwards.
Can I track a Moroccan payment?
Yes. Each payout keeps a status in the Grey app from the moment you confirm until the dirhams reach the account.
Is Grey safe for paying people in Morocco?
Grey Inc is registered with FinCEN in the United States. Transfers are encrypted and each payout stays traceable in the app.
How do I fund the transfer?
In US dollars only: payments from a client or employer, a dollar wire from another bank, or dollars already held in Grey.
Does the recipient need Grey?
No. A Moroccan bank account with a RIB is enough, and the dirhams post there as an ordinary credit.
Will I have a record of what I have sent?
Every transfer is recorded in the app and can be matched against invoices later. Grey does not advise on tax.
What if the RIB I entered is wrong?
Check all 24 digits on the confirmation screen before sending. If a payout leaves wrongly addressed, report it in the app straight away.
Get digital banking
at your fingertips
