MAD Transfers

MAD Transfers

Here you'll find everything you need to know about sending to Moroccan dirham (MAD). 

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Sending to MAD

Basic information   Notes
Delivery time 1–3 working days After payout. Please keep in mind that TransferWise can take up to 2 working days to convert your money after receiving the deposit
Maximum amount (per transfer) 275,000 MAD  
Countries we can send to Morocco only  
Additional receiving banking fees Yes Al Barid, Attijariwafa, BMCE, BMCI, Crédit du Maroc and Société Générale Maroc may charge a small receiving bank fee (up to 20 MAD)
Required details    
Recipient full name Yes Please include first name and surname
Recipient local account number (RIB) Yes MAD local account number should be 24 digits
Recipient bank name Yes Bank name can be selected via a dropdown list during transfer setup
Amount lock transfers No  

What is the RIB?

RIB stands for relevé d'identité bancaire, meaning "statement of banking identity". It is a 24-digit account number identifying a unique Moroccan bank account. This is different from an IBAN. It starts with bank code (3 digits), followed by branch code (3–8 digits), account number (11–16 digits), and RIB key (2 digits).

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