Moroccans residing abroad can open accounts in foreign currencies or convertible dirhams in Morocco. A system regulated by the Office of Exchange, which allows them to receive money from abroad, pay certain expenses in Morocco and freely transfer funds outside the kingdom.
France is redefining its African strategy at the Nairobi summit. Despite the end of the francophone sphere of influence, French companies continue to invest massively on the continent. In this framework, Morocco is establishing itself as a strategic hub.
Moroccans living abroad can obtain a loan in dirhams to buy or build a residence in Morocco. However, the Office of Exchange imposes several conditions, including a minimum foreign currency contribution and strict fund traceability.
The Moroccan dirham appreciated by 0.1 % against the euro and by 0.7% versus the US dollar between April 30 and May 6, 2026, according to figures published by Bank Al-Maghrib.
The Holmarcom group acquires 67% of BMCI from BNP Paribas. This historic operation marks the exit of French retail banks from the Kingdom and paves the way for a major merger with Crédit du Maroc.
Moroccan banks are undergoing profound transformation. Between the withdrawal of international players, the rise of digital services, and the persistent weight of cash, the retail sector must reinvent itself to face new technological competition.
Moroccans residing abroad can open a currency account or convertible dirham account in Morocco . A practical tool for receiving transfers, holding funds in foreign currency and making payments, but its use remains governed by precise rules.
The British fintech Revolut is actively preparing its arrival on the Moroccan market . Awaiting regulatory approval, the leader with 40 million clients is betting on reducing transfer fees to attract Moroccans living abroad.
The French group BNP Paribas is selling its entire stake in BMCI to Holmarcom. This strategic agreement, finalized Wednesday, paves the way for the merger with Crédit du Maroc to form an unavoidable financial giant in the Kingdom.
Faced with massive disengagement of French retail banks on the African continent , it is now local and Moroccan institutions that occupy the ground. France is attempting to sketch out a new model focused on investment banking and technological innovation.
Ryad Mezzour, Minister of Industry and Trade, explains the weak deployment of electronic payment among small Moroccan merchants by a major obstacle: the cost of transactions that heavily cuts into their profit margins.
Nine years after fleeing to Turkey, a former banking executive has been incarcerated upon her return to Morocco . She is accused of embezzling nearly 3.50 million dirhams from her clients’ accounts.