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Moroccan Expats Face Currency Import Limits: What You Need to Know

Wednesday 12 June 2019, by Said

Every year, several people are arrested by customs and police services at the borders for illegal "export" or "import" of currency. The Foreign Exchange Office is categorical, if the Moroccan living abroad exceeds a certain amount, he must absolutely make a prior declaration.

In its guide for Moroccans living abroad published a few days ago, the Customs and Indirect Taxes Administration (ADII) provides a little more detail.

"Moroccans living abroad can freely import into Morocco payment instruments denominated in foreign currency without any limit on the amount. The import of foreign currency can be made in the form of banknotes, traveler’s checks, bank or postal checks, letters of credit, credit cards as well as any other means of payment denominated in foreign currency," reads the guide.

However, be careful not to exceed the sum of 100,000 dirhams, as the declaration is mandatory. "When the amount of payment instruments imported is equal to or greater than the equivalent of 100,000 Dhs, the subscription upon entry into the national territory, with the customs services, of a declaration is mandatory. This declaration, made available upon request by said office, must be kept to justify, in particular, to the customs services on exit the origin of the payment instruments exported or the tax-free purchase, for export, of products worth more than 100,000 dhs," warns the ADII.

"This declaration, made available to you upon request by said office, must be kept to justify to the customs services on exit the origin of the payment instruments exported. It is valid for a single stay in Morocco and for a period not exceeding six (06) months," indicates the ADII.

For amounts less than 100,000 dirhams, the declaration is optional.

Attention, the Foreign Exchange Office prohibits any import of Moroccan banknotes exceeding 2000 dirhams.