MRE Transfers

Moroccan Expatriate Remittances Set to Hit Record $10 Billion in 2021

23 December 2021

Remittances made by Moroccans residing abroad (MREs) have continued their upward trend observed in recent months, and should reach 95 billion dirhams (MMDH) by the end of the (…)

Moroccan Diaspora Remittances Surge to Record 8 Billion Euros, Boosting Economy

11 December 2021

Moroccans living abroad (MRE), estimated at five million, of whom nearly a fifth are in Spain, have transferred a lot of funds to Morocco during the health crisis. By the end (…)

Moroccan Diaspora Remittances Surge 43% to Nearly 80 Billion Dirhams

4 December 2021

Remittances from Moroccans Living Abroad (MRE) are maintaining good momentum this year. As of the end of October, they reached 79.656 billion DH compared to 55.58 billion DH (…)

Moroccan Expats See 45% Surge in Property Fraud Complaints, Interior Ministry Reports

24 November 2021

In 2021, Moroccans residing abroad (MREs) filed 290 complaints related to property dispossession in Morocco, compared to 200 complaints recorded last year by the Ministry of (…)

Moroccan Expat Remittances Surge 42.5% to 71.88 Billion Dirhams, Boosting Trade Balance

3 November 2021

At the end of last September, money transfers made by Moroccans living abroad (MRE) amounted to 71.88 billion dirhams.

Morocco’s Central Bank to Investigate Record Remittances from Diaspora

14 October 2021

Bank Al-Maghrib (BAM) will set up an ad hoc commission that will be responsible for providing explanations on the spectacular increase in transfers from the Moroccan diaspora (…)

Record $9.5 Billion in Remittances Expected from Moroccans Abroad in 2021

14 October 2021

Remittances from Moroccans living abroad (MRE) should reach a record of 87 billion dirhams (MMDH) in 2021, an increase of 27.7%.

Moroccan Diaspora Remittances Set to Surge 7.6% in 2022, Reaching 75.4 Billion Dirhams

10 October 2021

The increase in remittances from Moroccans living abroad (MRE) recorded this year, despite the health crisis, should continue in 2022. This growth is attributed by experts to (…)

Moroccan Diaspora Remittances Surge 45.7% to $6.8 Billion Despite Global Crisis

2 October 2021

At the end of the first 8 months of 2021, funds transferred by Moroccans residing abroad amounted to 63.7 billion dirhams.

Moroccan Remittances to Spain Surge 33% Amid Pandemic Border Closures

21 September 2021

Remittances from Moroccans living in Spain increased by 33% between 2019 and 2020, from 766 million to 1.022 billion euros.