Exchange Office

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 (…)

Moroccan Authorities Probe Wealthy Nationals for Undeclared Luxury Purchases Abroad

17 April 2025

Wealthy Moroccans are in the sights of the Office des Changes. They allegedly purchased luxury watches and jewelry from stores in France and Luxembourg, without prior (…)

Moroccan Real Estate Developers Under Investigation for Undeclared Foreign Currency Payments

14 April 2025

Real estate developers are accused of not declaring significant sums received from Moroccans Residing Abroad (MRE) for the purchase of apartments in Morocco.

Moroccan Authorities Probe Offshore Accounts Linked to Paris Real Estate Purchases

11 April 2025

Several Moroccan businessmen are in the sights of the Moroccan Foreign Exchange Office. An in-depth investigation has been launched regarding the alleged use of "offshore" bank (…)

Morocco Launches Probe into Currency Exchange Offices Across Major Cities

14 March 2025

The Office of Foreign Exchange is currently conducting checks in several currency exchange offices in Morocco. These operations are mainly focused on establishments located in (…)

Moroccan Importers Seek Legal Action Against Chinese Firms in Fraud Case

12 March 2025

Defrauded by two Chinese export companies of household goods and kitchen utensils, Moroccan importers are working to recover their funds.