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Foreign Exchange Office

Foreign Exchange Office latest

Moroccans Are Now Allowed to Open Hard-Currency Accounts
January 4th, 2020 - 12:18 GMT

Moroccans Are Now Allowed to Open Hard-Currency Accounts

Moroccans who receive income from foreign sources are now allowed to open a hard-currency account or a convertible dirham account. Earlier, the income had to be converted to the Moroccan dirham within one month maximum of collecting the amount. The Foreign Exchange Office (Office des Changes), that controls the system of foreign exchange, announced the new procedures to simplify the exchange operations carried out by residing individuals. The procedures include ...
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