Morocco Probes Illegal Fund Transfers in High-Value Real Estate Deals
15 June 2025
Exchange Office inspectors are investigating elected officials and real estate developers suspected of illegal transfer of funds abroad.
Exchange Office
Morocco’s Currency Rules: What Travelers Need to Know About Bringing Money In and Out
14 June 2025
The circulation of foreign currency and means of payment across Moroccan borders is governed by precise exchange regulations that every traveler, including Moroccans residing (…)
Morocco Cracks Down on 1xBet App Amid Illegal Currency Outflow Scandal
13 June 2025
Morocco is facing a massive flight of its currency. At the heart of the scandal, a Russian application and an ingenious digital payment system that is nevertheless prohibited. (…)
Morocco Probes Foreign Firms’ Financial Transfers Amid Tax Scrutiny
2 June 2025
The control services of the Exchange Office have investigated suspicious financial transfers made by subsidiaries of foreign companies, particularly European and Asian, (…)
Morocco Probes Foreign Companies for Suspected Tax Evasion and Money Laundering
29 May 2025
Exchange Office inspectors are investigating suspicious activities of companies created by Moroccans abroad, suspecting money laundering.
Morocco Probes VTC Drivers for Illegal Currency Exchange and Money Laundering
20 May 2025
The Office des Changes suspects drivers operating via transport applications (VTC) of being involved in illegal manual currency exchange operations, particularly in areas with (…)
Moroccan Customs Uncover Major Currency Smuggling Ring to Turkey at Multiple Airports
15 May 2025
Control services of the Customs and Indirect Taxes Administration (ADII) at Mohammed V Airport in Casablanca, Rabat, and Marrakech-Menara have increased their vigilance in the (…)
Morocco Probes $70 Million in Suspicious Foreign Transfers by Investors
10 May 2025
The Exchange Office is closely scrutinizing documents of certain Moroccan investors in Gulf countries and Africa. These investors have made suspicious financial and bank (…)
Remittances from Moroccan Expats Drop, Raising Economic Concerns
3 May 2025
An unexpected decrease in remittances from Moroccans living abroad has been observed by the Exchange Office in its latest report.
Moroccan Officials Under Investigation for Undeclared Foreign Assets and Bitcoin Trafficking
19 April 2025
Moroccan officials, including dual nationals, are in the sights of the Exchange Office. They allegedly acquired real estate and opened bank accounts abroad without declaring (…)