Can you use Revolut in Morocco?
Can I use Revolut in Morocco? A handy guide covering using your Revolut card and account in Morocco, spending in MAD and more.
Planning a trip to Morocco from the UK? Perhaps you’re a digital nomad and dream of working from a sun-soaked balcony in Marrakech, or you’re taking an extended trip to visit family.
Whether it’s a short trip or a permanent move, you’ll need to know whether you can continue using your UK accounts overseas.
If you’re a regular PayPal (PYPL) user, read on. We’ve put together a guide to using PayPal in Morocco, covering everything you need to know - including potential fees.
We’ll also show you an alternative - the Wise account, which lets you send, spend and convert and hold Moroccan dirham (MAD) along with 40+ currencies.
PayPal operates in many countries worldwide, and the great news if you use the service regularly is that this includes Morocco. This means you can use its services and accounts there.
PayPal even has a dedicated website for its Moroccan customers, where it offers both personal and business accounts.
Yes, you can open a new PayPal account if you’re living in Morocco.
As part of the sign up process, you’ll just need to provide some basic details such as your name, address and contact details.
To send money or use PayPal to pay for something, you’ll also need to add a payment method like a debit or credit card, or a bank account.
Now, let’s take a look at what you can actually do with a PayPal account in Morocco.
Some of the main features and benefits include:
If you run an ecommerce or retail business, you can open a PayPal business account in Morocco. This will let you integrate PayPal into the checkout on your website, so that customers can pay you using PayPal.
You might be tempted to carry on using your UK PayPal account after you’ve moved to Morocco, to avoid the hassle of opening a new one. But unfortunately, that’s not possible under PayPal’s policies.
If you move overseas, you’ll need to close your UK account and open a new one once you arrive, using your new Moroccan residential address.¹ The process is pretty straightforward though, so you should be set up with a new account in no time.
So, how much will it cost you to use PayPal in Morocco? And is it different to how PayPal works in the UK?
Let’s take a look at the main fees and charges you need to know about:²
Type | Fee |
---|---|
Opening a PayPal account | Free |
Sending money to friends and family | - Free (where no currency conversion is involved) for bank transfers/PayPal balance - 3.4% + fixed fee for cards |
Sending money internationally | At least $4.99 USD depending on destination and payment method |
Receiving money | Free (where no currency conversion is involved) |
Paying for an online purchase | Free where no currency conversion is involved |
Currency conversion fee | 4% |
Withdrawing money from a PayPal account to a bank account | - No fee (when no currency conversion is involved) for withdrawals over 2000 MAD - 30.00 MAD for withdrawals less than 2000 MAD |
Of course, PayPal isn’t the only solution for sending, spending and managing your money in Morocco. If you like the sound of a powerful multi-currency online account and a card that works in 150+ countries, check out Wise.
Open a Wise account online and you can send money to and from Morocco for low fees and mid-market exchange rates.
You can also get a Wise card for a one-time cost of just £7. This clever card automatically converts currency whenever you spend, so you don’t need to worry about preloading your account or converting cash. There’s only a small conversion fee to pay. And it works online as well as in real-world shops and restaurants.
And if you need cash, your Wise card has you covered. You can withdraw up to £200 a month in 2 transactions from Moroccan ATMs for free (although double-check that the ATM operator doesn’t charge its own fee).
Learn more about the Wise card 💳
Please see the Terms of Use for your region or visit Wise fees & pricing for the most up-to-date information on pricing and fees.
Sources used:
Sources last checked on date: 17-Jul-2024
*Please see terms of use and product availability for your region or visit Wise fees and pricing for the most up to date pricing and fee information.
This publication is provided for general information purposes and does not constitute legal, tax or other professional advice from Wise Payments Limited or its subsidiaries and its affiliates, and it is not intended as a substitute for obtaining advice from a financial advisor or any other professional.
We make no representations, warranties or guarantees, whether expressed or implied, that the content in the publication is accurate, complete or up to date.
Can I use Revolut in Morocco? A handy guide covering using your Revolut card and account in Morocco, spending in MAD and more.
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