Which bank for international transfers

https://www.reddit.com/r/Morocco/comments/1igml0x/which_bank_for_international_transfers/

created by zepenbread on 03/02/2025 at 11:01 UTC

4 upvotes, 5 top-level comments (showing 5)

hey everyone, I currently have CIH bank but the international transfers are a pain in the a** to approve and process.. so I'm thinking to change banks and go for something that doesn't make you hate your life. What I need is for them to facilitate the transfers to international banks, potential different currencies, fast and with less fees. Any suggestions? I appreciate the help.

Comments

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1 upvotes, 0 direct replies

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Comment by Calm-Razzmatazz1218 at 03/02/2025 at 11:09 UTC

1 upvotes, 0 direct replies

Try attijati bro

Comment by helloliyam at 03/02/2025 at 11:40 UTC

1 upvotes, 0 direct replies

CFG Bank is worth a look

Comment by maxie_dazy at 03/02/2025 at 12:04 UTC

1 upvotes, 0 direct replies

Hi, I had the same problem, but if you’re transferring funds to another bank in your name you can use Wise or Silk, but the best option is to use Binance buy USD using your cih and withdraw to your other account doesnt matter which country, though if its for another person they should open binance aswell then you can transfer the usd through binance and they can withdraw to their bank the same way. That way you wont loose much through conversion, and it will be higher than any bank or remittance center. Hope that helps

Comment by jvdefgm at 03/02/2025 at 13:21 UTC

1 upvotes, 0 direct replies

I’m with CFG and quite happy, but I think you (at least I) always have to visit a branch to do the transfers. No need to visit if it’s a standing order (like the same amount every month). Fee wise for EUR they take 0.05% with a 14€ minimum fee + 7€ swift fee both ways (in or out). Similar rates for other currencies. So better to do large transfers when possible.