Currency transfer for a purchase in Morocco: prepare your records

Describe the planned transaction to the bank and prepare a record of the funds, from their origin to the proposed payment.

Define the question to resolve

Which documents does the bank request for this transaction?
What exchange quote, fees and validity period does its offer specify?
Which records will be supplied after each transfer?

Assemble the supporting records

Identity, contact details and circumstances declared to the provider
Records of the funds’ origin and accounts involved
Purchase proposal and intended payment schedule
Written proposals covering fees and currency conversion

Request a written explanation

Give the professional reviewing the file the same dated documents that you used to describe the project. Ask the response to identify its scope, assumptions, documents consulted and points still awaiting confirmation. A quotation should distinguish the service, the recipient of each payment and the conditions under which its amount could change.

Keep track of the next decision

Keep the questions, answers and document versions in one file. For each unresolved point, record who is following it, which evidence is expected and which decision depends on it. Update the file when the project or a document changes, rather than treating an earlier answer as a conclusion for a different situation.

Continue your preparation : Property purchase in Morocco by a foreigner · Mortgage in Morocco for non-residents · Capital gains on property in Morocco · Contact Klair & Arno

Additional information

Confirm the route before transferring

Ask the bank and transaction adviser to describe sender, recipient account, currency, purpose and supporting documents. IGOC 2026 separates foreign-investment definition, financing and documentary obligations. Your route needs examination for your status and transaction type, not just the country from which funds are sent.

Link the source of funds to their use

Prepare a table with date, holder, origin account, currency, amount and the source evidence the bank requests. Add transfer reference, documented conversion and corresponding purchase document. Keep originals securely. An account debit alone does not explain the recognised purpose or every required document.

Distinguish amount sent and amount received

Ask about sending-bank, intermediary, receiving-bank and exchange charges. Clarify the expected amount in the settlement currency and when it must be available. Compare offers for the same received amount rather than an isolated displayed rate. This guide assumes no commission or exchange rate.

Plan the evidence you will retain

Office des Changes describes convertibility as subject to its foreign-currency financing conditions. Ask which certificates and references to retain for your circumstances. A statement or property purchase does not establish an individual retransferring right here. Have your bank or adviser document the answer.

Close each stage with its matching record

For every deposit or balance, reconcile payment request, amount sent, receipt and related sale document. Have differences explained before completing the table. Keep property, financing and tax positions separate: resolving a banking question does not clear the whole project.

Last reviewed : October 28, 2026