🇩🇪→🇲🇦
Send Money from Germany to Morocco
German manufacturers and traders paying Morocco suppliers. Send EUR from Germany, receive MAD in Morocco with t+0 (2.3s avg within unicorn network).
✓ Competitive Advantage: Local EUR collection + local MAD delivery = no correspondent bank fees
Save £2,419 per £100k Payment
Germany to Morocco corridor savings
Traditional Bank
£2,924
- ❌ 2-3 day settlement
- ❌ Multiple correspondent banks
- ❌ Hidden FX margins
- ❌ High SWIFT fees
Unicorn Currencies
£505
- ✓ T+0 (2.3s avg within Unicorn network)
- ✓ Local EUR collection
- ✓ Transparent 0.5% spread
- ✓ SIMT (Système Interbancaire Marocain de Télé-compensation)
Your Savings
83%
£2,419 per £100k
At £300k-£3M monthly, save £6,054/year
Sending from Germany: What You Need to Know
EUR Origin Specifics
- Germany uses EUR currency
- SEPA instant payment network
- GDPR compliance required
Your Local Advantages
- Local EUR account available
- SEPA (Single Euro Payments Area) instant collection
- No correspondent bank fees on origin side
Local Collection Method
SEPA (Single Euro Payments Area)
T+1 • European instant/standard payments. Covers 36 countries.
Paying Suppliers in Morocco: Compliance & Requirements
Regulatory Considerations
- Bank Al-Maghrib FX regulations
- Moroccan Customs documentation
- VAT (20%) on goods and services
- Office des Changes oversight for FX transactions
Payment Best Practices
- Morocco = Phosphate leader (70% global reserves), automotive hub
- SIMT standard for MAD payments
- Casablanca + Tangier = Main business/manufacturing centers
- EU trade ties - close integration with European supply chains
Destination Settlement
T+0 (2.3s avg within Unicorn network)
via SIMT (Système Interbancaire Marocain de Télé-compensation)
Germany → Morocco Corridor Insights
Popular Industries
- Phosphates
- Textiles
- Automotive
Peak Trading Hours
CET (GMT+1) to GMT time zone consideration
Best for rate execution and faster settlement
Typical Volume
£50k-£250k
Average transaction size for this corridor
Monthly volume: £300k-£3M
Compliance Notice: Subject to sanctions and compliance screening. Certain industries and countries not supported.
Ready to Send EUR from Germany to Morocco?
Save 83% on every payment with t+0 (2.3s avg within unicorn network). Local EUR collection available.
Bank of Canada registered PSP | FINTRAC licensed MSB