RateRunnertransfer cost ledger

Corridor EUR → MAD · Euro to Moroccan dirham

What does it cost to send euros to Morocco?

On 15 October 2026, the most a recipient in Morocco got for 1,000 EUR was 10,821.94 MAD via Remitly: a true cost of 15.43 EUR (1.54%) including fee and rate markup. The last of 11 quotes cost 5.97%.

Declaration · Form RR-1

Between 10 and 1,000,000. Snapshot bands: 200 / 1,000 / 5,000; other amounts are fetched live.

Quotes are indicative and come from Wise public comparison data, which lists Wise alongside banks and other services. Ranking is always by what the recipient gets.

Transfer cost receipt · EUR → MAD

Most to the recipient: Remitly transfer service

You send
1,000.00 EUR
Upfront fee
−0.49 EUR
Amount converted
999.51 EUR
Rate given
10.8272
Mid-market when quoted
10.9915
Exchange-rate markup inside the rate
14.94 EUR 1.49%
True total cost
15.43 EUR 1.54%
Recipient gets
10,821.94 MAD

Picking the last quote in this ledger (Deutsche Bank) instead would leave the recipient 487.05 MAD short.

Snapshot indicative quotes retrieved 15 Oct 2026, 14:56 UTC. Quote collected 15 Oct 2026, 14:46 UTC. Source: Wise public comparison data.

Confirm the live quote on remitly.com

Plain link to the provider's official site. No commission.

Every quote for 1,000 EUR → MAD

Sorted by what the recipient gets. “True cost” adds the upfront fee to the money lost in the exchange rate versus the mid-market rate at the time each quote was collected.

Provider quotes ranked by amount received
ProviderUpfront feeRate markupTrue costCost %Recipient getsvs best
1. Remitlyservice 0.49 EUR 1.49% 15.43 EUR 1.54% 10,821.94 MAD best
2. Wiseservice 24.16 EUR 0.00% 24.16 EUR 2.42% 10,725.07 MAD −96.87 MAD
3. ABN AMRO Bankbank 19.00 EUR 0.97% 28.52 EUR 2.85% 10,678.00 MAD −143.94 MAD
4. Rabobankbank 16.00 EUR 1.37% 29.51 EUR 2.95% 10,667.10 MAD −154.84 MAD
5. Xoomservice 0.00 EUR 3.26% 32.61 EUR 3.26% 10,633.06 MAD −188.88 MAD
6. Western Unionservice 1.99 EUR 3.20% 33.93 EUR 3.39% 10,618.60 MAD −203.34 MAD
7. OFXservice 10.00 EUR 2.99% 39.55 EUR 3.96% 10,556.75 MAD −265.19 MAD
8. Commerzbankbank 15.00 EUR 3.10% 45.52 EUR 4.55% 10,491.19 MAD −330.75 MAD
9. Sabadellbank 22.00 EUR 3.08% 52.08 EUR 5.21% 10,419.04 MAD −402.90 MAD
10. LaCaixabank 27.00 EUR 2.71% 53.36 EUR 5.34% 10,404.95 MAD −416.99 MAD
11. Deutsche Bankbank 36.55 EUR 2.41% 59.74 EUR 5.97% 10,334.89 MAD −487.05 MAD
Set aside, not ranked (2): see methodology
BNP Paribascollected 141 h before retrieval0.00 EUR0.84%——10,898.82 MAD—
La Banque Postalecollected 77 h before retrieval37.90 EUR0.56%——10,516.21 MAD—

Does the cheapest option change with the amount?

Best and worst true cost by amount, EUR → MAD. Retrieved 15 Oct 2026, 14:56 UTC.
You sendMost to recipientBest costWorst costRecipient gets (best)Gap best vs worstQuotes
200 EUR Remitly 1.74% 20.24% 2,160.14 MAD 406.82 MAD 11
1,000 EUR Remitly 1.54% 5.97% 10,821.94 MAD 487.05 MAD 11
5,000 EUR ABN AMRO Bank 1.35% 3.80% 54,217.24 MAD 1,349.68 MAD 11

What the EUR → MAD numbers show

  • The provider that delivers the most changes with the amount: Remitly at 200.00 EUR, Remitly at 1,000.00 EUR, ABN AMRO Bank at 5,000.00 EUR. Fixed fees weigh heavily on small transfers; rate margins dominate large ones.
  • At 200.00 EUR, true cost ranged from 1.74% (Remitly) to 20.24% (Deutsche Bank); the recipient would get 406.82 MAD less with the last quote than with the first.
  • Banks listed for this corridor averaged 4.48% in true cost at 1,000.00 EUR, against 2.91% for non-bank transfer services; on average 49% of the banks' cost sat inside the exchange rate rather than in a stated fee.
  • 1 of 11 quotes at 1,000.00 EUR charged no upfront fee but priced in a rate markup above 0.5%, so “no fee” did not mean free.
True cost as a share of 1,000 EUR, EUR → MAD, by provider (lower is better). Retrieved 15 Oct 2026, 14:56 UTC. Remitly 1.54% Wise 2.42% ABN AMRO Bank 2.85% Rabobank 2.95% Xoom 3.26% Western Union 3.39% OFX 3.96% Commerzbank 4.55% Sabadell 5.21% LaCaixa 5.34% Deutsche Bank 5.97% grey = upfront fee · red = exchange-rate markup · share of 1,000 EUR
True cost as a share of 1,000 EUR, EUR → MAD, by provider (lower is better). Retrieved 15 Oct 2026, 14:56 UTC.

Every quote for 200 EUR → MAD

Retrieved 15 Oct 2026, 14:56 UTC. Sorted by what the recipient gets.
ProviderUpfront feeRate markupTrue costCost %Recipient getsvs best
1. Remitlyservice 0.49 EUR 1.49% 3.47 EUR 1.74% 2,160.14 MAD best
2. Xoomservice 1.49 EUR 3.26% 7.96 EUR 3.98% 2,110.77 MAD −49.37 MAD
3. Wiseservice 8.01 EUR 0.00% 8.01 EUR 4.00% 2,109.76 MAD −50.38 MAD
4. Western Unionservice 1.99 EUR 3.20% 8.33 EUR 4.16% 2,106.78 MAD −53.36 MAD
5. OFXservice 10.00 EUR 2.99% 15.67 EUR 7.84% 2,026.04 MAD −134.10 MAD
6. Commerzbankbank 12.50 EUR 3.10% 18.31 EUR 9.15% 1,997.05 MAD −163.09 MAD
7. Rabobankbank 16.00 EUR 1.37% 18.53 EUR 9.26% 1,994.66 MAD −165.48 MAD
8. ABN AMRO Bankbank 19.00 EUR 0.97% 20.76 EUR 10.38% 1,970.15 MAD −189.99 MAD
9. Sabadellbank 22.00 EUR 3.08% 27.48 EUR 13.74% 1,896.31 MAD −263.83 MAD
10. LaCaixabank 27.00 EUR 2.71% 31.69 EUR 15.84% 1,850.01 MAD −310.13 MAD
11. Deutsche Bankbank 36.55 EUR 2.41% 40.48 EUR 20.24% 1,753.32 MAD −406.82 MAD
Set aside, not ranked (2): see methodology
BNP Paribascollected 141 h before retrieval0.00 EUR0.84%——2,179.76 MAD—
La Banque Postalecollected 77 h before retrieval37.90 EUR0.56%——1,771.83 MAD—

Every quote for 5,000 EUR → MAD

Retrieved 15 Oct 2026, 14:56 UTC. Sorted by what the recipient gets.
ProviderUpfront feeRate markupTrue costCost %Recipient getsvs best
1. ABN AMRO Bankbank 19.00 EUR 0.97% 67.35 EUR 1.35% 54,217.24 MAD best
2. Remitlyservice 0.49 EUR 1.49% 75.20 EUR 1.50% 54,130.90 MAD −86.34 MAD
3. Rabobankbank 16.00 EUR 1.37% 84.45 EUR 1.69% 54,029.27 MAD −187.97 MAD
4. Wiseservice 104.90 EUR 0.00% 104.90 EUR 2.10% 53,791.76 MAD −425.48 MAD
5. OFXservice 0.00 EUR 2.17% 108.56 EUR 2.17% 53,764.30 MAD −452.94 MAD
6. Deutsche Bankbank 36.55 EUR 2.41% 156.01 EUR 3.12% 53,242.74 MAD −974.50 MAD
7. Western Unionservice 1.99 EUR 3.20% 161.92 EUR 3.24% 53,177.72 MAD −1,039.52 MAD
8. Xoomservice 0.00 EUR 3.26% 163.05 EUR 3.26% 53,165.32 MAD −1,051.92 MAD
9. Commerzbankbank 15.00 EUR 3.10% 169.45 EUR 3.39% 53,094.99 MAD −1,122.25 MAD
10. LaCaixabank 35.00 EUR 2.71% 169.53 EUR 3.39% 53,094.10 MAD −1,123.14 MAD
11. Sabadellbank 37.50 EUR 3.08% 190.14 EUR 3.80% 52,867.56 MAD −1,349.68 MAD
Set aside, not ranked (2): see methodology
BNP Paribascollected 141 h before retrieval0.00 EUR0.84%——54,494.10 MAD—
La Banque Postalecollected 77 h before retrieval37.90 EUR0.56%——54,238.08 MAD—

Read next

Questions people ask

Which provider gave the most for 1,000 EUR sent to Morocco?
Remitly, with 10,821.94 MAD delivered, in the snapshot retrieved 15 Oct 2026, 14:56 UTC. Its upfront fee was 0.49 EUR and its rate markup 1.49%.
How much of the cost of sending EUR to MAD is hidden in the exchange rate?
For the 11 quotes on 1,000 EUR, rate markups ranged from 0.00% to 3.26% of the amount converted. 1 quote charged no upfront fee but still had a markup above 0.5%.
How current are these EUR to MAD quotes?
RateRunner retrieved them on 15 Oct 2026, 14:56 UTC. Each provider quote also carries its own collection time, shown in the tables, and quotes older than 24 hours are flagged. They are indicative; the price you are offered at checkout can differ.

Related corridors

Sources