2 June 2022
Morocco wants to investigate the bank accounts and other assets of Moroccans abroad to verify whether they are in order with the tax authorities. In this context, a vast (…)
2 June 2022
At the end of last April, remittances by Moroccans residing abroad (MREs) reached more than 30.56 billion dirhams (MMDH), up 5.3% compared to last year, according to the Office (…)
6 May 2022
In 2021, the funds transferred by Moroccans residing abroad (MREs) amounted to nearly 93.3 billion dirhams (MMDH), compared to 68.18 MMDH in 2020. A record that should not be (…)
7 April 2022
The financial authorities are concerned about the risks that some Moroccans continue to take in the use of virtual currencies such as Bitcoin despite the ban in Morocco. In a (…)
1 April 2022
At the end of last February, remittances from Moroccans living abroad reached 12.31 billion dirhams (MDH), up 22.5%, according to the Office of Foreign Exchange.
28 March 2022
The Foreign Exchange Office has just announced the creation of the section called "Manual Exchange and AML/CFT" on its website, in order to fight against money laundering and (…)
27 January 2022
In order to simplify exchange operations, the Foreign Exchange Office has announced the modification of the rules governing this sector for foreigners residing in Morocco.
18 January 2022
The repatriation of remuneration relating to online services rendered by resident Moroccans must be carried out within a period of 90 days from the date of performance of these (…)
18 January 2022
Morocco is implementing a new strategy to fight money laundering. The foreign exchange office is involving currency exchange offices.
10 January 2022
Morocco tops the North African countries in terms of peer-to-peer Bitcoin transaction volumes and ranks fourth on the African continent. This is revealed by Triple, a (…)