Send money overseas with Bancoli to take advantage of bank-beating exchange rates

Compare today's MAD to SAR (Moroccan Dirham to Saudi Riyal) exchange rates

Morocco
Saudi Arabia
MAD
Interbank Exchange Rate: 1 MAD = 0.4064 SAR
Updated about an hour ago

Found 1 Remittance Service Providers

( )( )( )( )( )
1000 MAD =
405.50 SAR
Transfer Limit (MAD): No Limits
Locked-In Rate1 MAD = 0.4055 SAR

If you are making international business money transfers or payments, RemitFinder can assist by matching you with the best options to suit your unique business needs. Get in touch now to see how we can help protect your business revenue by getting you higher exchange rates and lower transfer fees on international business FX.





All you need to know about Moroccan Dirham to Saudi Riyal money transfers

Easily compare money transfer providers in one place to send money from Morocco to Saudi Arabia. Send money overseas to your loved ones by comparing Moroccan Dirham (MAD) to Saudi Riyal (SAR) remittance exchange rates. Read remittance service provider reviews and check out deals, promotions and discounts. Transfer online or send cash based on services offered by these providers.

RemitFinder compared 1 money transfer operators to get you the best FX rates to send money from Morocco to Saudi Arabia.

The best rate to send Saudi Riyal from Moroccan Dirham to your loved ones in Saudi Arabia is currently offered by Currencyflow; their 1 MAD to SAR exchange rate today is 0.4055.

Were you looking to send money from Saudi Arabia to Morocco instead?

Did not find the providers you were looking for? Please reach out to us at info@remitfinder.com, and we will do our best to add them to our platform.

If you need to send international business money transfers and payments, get in touch with us to see how we can help protect your revenue.


Latest MAD to SAR Conversion Rates

Here are some latest MAD to SAR (Moroccan Dirham to Saudi Riyal) exchange rates for popular conversion amounts*.

1 MAD0.41 SAR
5 MAD2.03 SAR
10 MAD4.06 SAR
25 MAD10.16 SAR
50 MAD20.32 SAR
100 MAD40.64 SAR
150 MAD60.96 SAR
200 MAD81.28 SAR
250 MAD101.60 SAR
300 MAD121.92 SAR
400 MAD162.56 SAR
500 MAD203.20 SAR
600 MAD243.84 SAR
700 MAD284.48 SAR
800 MAD325.12 SAR
1,000 MAD406.40 SAR
1,500 MAD609.60 SAR
2,000 MAD812.80 SAR
2,500 MAD1,016.00 SAR
3,000 MAD1,219.20 SAR
4,000 MAD1,625.60 SAR
5,000 MAD2,032.00 SAR
10,000 MAD4,064.00 SAR
15,000 MAD6,096.00 SAR
20,000 MAD8,128.00 SAR
30,000 MAD12,192.00 SAR
40,000 MAD16,256.00 SAR
50,000 MAD20,320.00 SAR
100,000 MAD40,640.00 SAR

*Based on the Interbank Exchange Rate. Actual payout may vary based on the chosen money transfer provider.


What's the best way to send money from Morocco to Saudi Arabia?

With the global remittance market booming, there are so many choices for Moroccan Dirham to SAR money transfers. To make it even more complicated, new Fintech companies keep entering the space, making it harder for remitters to decide which company to choose to send money overseas.

Our money transfer comparison engine does all the hard work for you by searching and comparing numerous companies that specialize in foreign exchange transactions, and picking the best ones for sending money to Saudi Arabia from Morocco. This way, you do not have to manually search and compare these companies which is very time consuming. All remittance companies on our platform are established, secure providers that our expert team has selected.

We also provide you with attractive deals and promotions from our partners; these offers help you further maximize the final SAR amount that your recipient gets. We, along with our partners, work hard to provide you with the best discounts and offers that you can use when you send money internationally.


How to get the best exchange rate for your money transfers from Morocco to Saudi Arabia?

With ever changing remittance exchange rates, and umpteen new companies and startups to send money abroad coming up, it may seem hard at first to decide when to send money and which company to choose from for your Morocco to Saudi Arabia transfers.

RemitFinder provides a single place to compare many options so you can quickly and easily decide who to go with. Compare various banks, foreign exchange specialists, Fintech startups, remittance service providers, multi currency bank accounts and others in a single view to maximize the return on your MAD to Saudi Riyal international money transfers.

To help save your precious time and hard earned money, we also created the RemitFinder exchange rate alert. This is a totally free notification that will keep you updated daily on the latest Moroccan Dirham to Saudi Riyal exchange rates and ongoing deals and promotions. You can sign up for our rate alert and start saving now.


What's the cheapest way to transfer money from Morocco to Saudi Arabia?

Finding the cheapest way to send money from Morocco to Saudi Arabia might not be that easy given the umpteen choices available. You have to look at various parameters like exchange rates and fees to determine if the cost of one money transfer operator is less than that of another or not.

It may also be tempting to use some of the traditional funds transfer services like foreign currency exchanges or operators located in shopping malls, grocery stores and other local outlets. While you can certainly transfer MAD to SAR via these channels, they may not be the most economical way to send money internationally. Typically, brick and mortar services charge higher fees and may also provide lower rates. All this contributes to making your foreign exchange transfer more expensive.

Online money transfers tend to be more cost effective, and RemitFinder provides you quite a number of good choices to ensure you are able to get optimum Morocco to Saudi Arabia exchange rate. Many of our partners also provide promotions and offers that are exclusive to our customers; availing these will definitely reduce the cost of your foreign exchange transaction further.


How to send money to Saudi Arabia from Morocco through a bank?

There are two distinct ways that banks make money on international funds transfers. First, by charging steep transaction fees, and second, by providing a low MAD to SAR exchange rate. Sometimes, the actual transaction fee may not be that high, but the rate may be much lower, which essentially means a hidden fee as the cost of the transfer for you still goes up.

Since your obvious goal is to make the most of your hard earned money, you would want to ensure that the receiver of your money gets the maximum amount. One simple way to achieve this is by minimizing the fees on Morocco to Saudi Arabia money you send. And, generally, you will not get low fees with banks. Hence, we recommend relying on our real time online money transfer comparison tool to ensure you can compare many options.

Most of the remittance companies today offer bank to bank transfers for sending money to Saudi Arabia from Morocco. They do this by letting you fund your transaction through your local bank account in Morocco, and by allowing you to choose the payout to be your recipient's bank account in Saudi Arabia. But, you are likely to get much better rates and lower fees compared to your bank.


How to send money from Morocco to Saudi Arabia fast?

It could be a stressful experience if you need to rush money quickly from Morocco to Saudi Arabia. How do you decide which option to pick to ensure your funds arrive at the destination in the fastest possible way?

First, you should ensure that you are picking the right payment method to convert MAD to SAR. Most remittance companies will allow you to pay by cash, with credit or debit cards, via a direct bank transfer, through a wire transfer, and so on. Digital payment methods like wire transfers and bank transfers will certainly delay your transaction as compared to cash payments.

Similarly, on the receiving side, your recipient also has multiple options to collect their monies in Saudi Riyal. The payout choices generally include cash pickup, direct bank transfer, loading up a mobile wallet, and mobile airtime top up. If transaction speed is important, you could choose cash pickup if the receiver can access a close by pickup location. Just be aware that the exchange rate on cash transactions may not be the best, and there is risk in handling cash, especially for larger amounts. Otherwise, a mobile airtime top up or a bank deposit may be the next fastest possible ways unless there are bank holidays going on.

Foreign exchange transaction speed also depends on some additional factors like transfer amount, compliance and regulatory processes and vary from provider to provider. Check out our remittance guide to answer any questions you may have on how remittances work in general, and what factors affect the speed of your Morocco to Saudi Arabia money transfers.


Which are the best money transfer companies to transfer money from Morocco to Saudi Arabia?

Morocco to Saudi Arabia money transfer space is highly competitive, and there are numerous remittance service providers competing for your business. Given that, how do you ensure you are choosing the best company when you send money overseas?

To be able to make an informed decision, the first thing you would want to do is to be aware of your selection criteria. For example, do you need the money to reach Saudi Arabia as fast as possible? Are you sending a small or large amount? Do you prefer fixed exchange rates or are comfortable with indicative rates? And so on. Honing your preferences will help you decide which remittance company to go with.

Once you have defined your parameters, selecting the best Moroccan Dirham to Saudi Riyal money transfers is easy. Simply punch in your country combination on RemitFinder, and compare numerous companies quickly to be able to select the ones that match your preferences.


Step by step guide to send money to Saudi Arabia from Morocco

Follow the below easy steps to send money to Saudi Arabia from Morocco.

  • If you are sending money for the first time with a provider, register an account with them. You will likely get a validation email, and optionally a validation text on your mobile as well. This ensures that it is indeed you who is creating your account.
  • You will also need to provide your national ID with a photo, and proof of address. Providing this information ensures the security of your account and helps in fraud prevention.
  • Add your payment method - this is how you pay for your transfer. Generally, you would want to use your Morocco bank account to fund your transaction.
  • Add your recipient - provide details about who will receive the funds (can also be your own account in Saudi Arabia).
  • Specify delivery method - specify how the recipient will get the proceeds. Choosing a bank account is usually the best, if one is available.
  • Add the transfer amount and start the transaction.

The provider will then work on your MAD to SAR remittance, and you should not have any additional action to take. Keep an eye on your email inbox as you should get notified about the progress of your transaction.

Whilst it's fairly straightforward to make an actual foreign exchange transaction online, the harder part may be choosing the right company for your overseas bank transfer. This is where you can rely on RemitFinder's expertise in the money transfer space to help you select the best remittance provider.