Top Banks in Morocco for Expats (2025 Guide)
If you’re planning to live, work, or retire in Morocco, opening a local bank account is a must. From rent payments to everyday expenses, having access to a Moroccan bank makes life smoother. This guide explores the best banks in Morocco for expats in 2025 and how to open your account hassle-free.
🏦 1. Attijariwafa Bank
One of Morocco’s largest and most trusted banks. They offer expat-friendly accounts and online banking in French and English.
- Pros: Widely available, mobile app, expat services
- Cons: Long wait times in-branch
- Best for: Everyday banking
🏦 2. Banque Populaire
Popular among students, retirees, and freelancers. They have flexible account options and a solid reputation.
- Pros: Low fees, international remittance options
- Cons: Less advanced online banking
- Best for: Budget-conscious expats
🏦 3. CIH Bank
Tech-savvy bank known for its modern mobile app and user experience.
- Pros: Innovative, contactless banking, English support
- Cons: Less traditional, fewer rural branches
- Best for: Digital nomads
đź“Ś What You Need to Open a Moroccan Bank Account:
- Passport + residence permit or rental contract
- Proof of income or job contract (for certain accounts)
- Local Moroccan phone number
- Initial deposit (usually 100–300 MAD)
đź’ˇ Pro Tips for Expats
- Open a MAD (Moroccan Dirham) and a EUR/USD account if possible
- Use Wise or Revolut to transfer money to your Moroccan account
- Always keep proof of transactions for visa/residency renewals
🧠Final Thoughts
Banking in Morocco has improved massively over the years, and you’ll find plenty of options to suit your lifestyle — whether you’re a retiree, freelancer, or remote worker. Choose based on your location, tech needs, and fees.
