Compare money transfers from Morocco to the Faroe Islands

The best services for sending money from Morocco to the Faroe Islands

Since the introduction of the internet, it is now easy for people to send their money to their friends, families, or business partners living across the country. Some of the methods they can use include bank account, online transfer, and credit card, as well as e-transfer. Although, most of these methods are advertised as commission-free, they are sometimes expensive due to their high processing fees. But, this should not worry you if you are living in Morocco and you don't know the easiest way to send your money to the Faroe Islands.

How to send money from Morocco to the Faroe Islands online?

1. Enter the country of departure – Morocco.
2. Enter the country of receipt – Faroe Islands.
3. Select the departure currency - you can send money online from Morocco in MAD, EUR, USD.
4. Enter the transfer amount in the selected currency - for example, 2000 MAD.
5. Select receipt currency - the recipient can receive money in Faroe Islands in DKK, USD, EUR.
6. Choose an appropriate option from the 2 proposed providers and follow the link to process a money transfer from Morocco to the Faroe Islands.

Which provider to use to wire money from Morocco to the Faroe Islands?

The following are the best ways you can use:

Using Bank Transfer

Currently, there are several universal and commercial banks in Morocco. With all these available banks, it is easy and quicker, as well as cheaper for individuals living in Morocco to transfer their money to the recipients living in other countries. One of the many banks they can use is Metrobank. This bank allows to create or open a foreign currency account, but it charges higher transaction amount if you want to transfer money from non-partner banks. It also takes longer time for the money to reach the recipient. In general, however, banks are secure and easy way you can use to send your money to any person.

Using E-Transfer

Another way people can effectively and securely use to transfer their money is an e-transfer. This method works similarly like banks. However, the only difference is that it does not involve many requirements. You only need a phone number or an email address of the receiver to make payment. For security purpose, every sender is required to set a security question that their recipients must answer getting money. The recipients are also required to carry their valid Government identity card (ID), security question information, and an MTCN when visiting nearest Western Union location. They can’t be given their money if they don’t have this information.

Using Credit Cards

With many businesses and banks accepting credit cards nowadays, customers are now using their credit cards to transfer money to their recipients. Using credit cards enables the recipients to get the money just in minutes even though it is the most expensive way to use due to higher transaction fees involved.

Using Online Transfer Providers 

Not only using online providers is very cheap and faster but also more reliable. To use these services, people are first required to have an online account. They can create them through the website and or mobile apps. Once they have successfully created their online accounts, they can start using their credit cards and bank debit to make payment or send money to their recipients.

How much does it cost to send money to the Faroe Islands?

When transferring 2000 dollars to the Faroe Islands, the amount received is 14057.87 DKK in Wise. You can also receive a money transfer from Xe for the amount 13882.80 DKK.

1992.09 USD - will be received by transferring 2000 dollars to the Faroe Islands via Wise.

Why Choose Us

Using our website is easy, secure, and reliable when you have a recipient in foreign country. You must first create an online account and get stable internet connection before you start using website. Our website is transparent since there is no any hidden charge.