A revised set of foreign exchange rules effective since early 2026 has reshaped what Moroccan travelers, businesses and students can take abroad, introducing new caps, mandatory paperwork and repatriation deadlines under the General Instruction on Foreign Exchange Operations, or IGOC, reports leseco.ma news outlet.
For business travel, allocations are now indexed to corporate tax paid, letting a company that paid 800,000 dirhams in tax draw an equivalent budget capped at one million dirhams, rising to 1.5 million for categorized operators. Cash withdrawals remain capped at 100,000 dirhams per person per trip regardless of total entitlement, with a dedicated foreign-currency account now mandatory. Public sector missions face a flat 2,000 dirhams per day, capped at 20,000 dirhams per trip, unless the mission order specifies otherwise.
For personal travel, the base annual allocation remains 100,000 dirhams per person, but can now be topped up by 30 percent of the previous year’s income tax, up to a combined cap of 500,000 dirhams. The same 100,000-dirham cash ceiling per trip applies regardless of total entitlement, with unused currency repatriated within 30 days of a trip’s cancellation or return, the outlet notes.
Families sending children to study abroad face their own rules: advance transfers of living costs are limited to four months by default, though this can be waived with proof a university or consulate requires longer-term funding upfront. Monthly allowances are set at 15,000 dirhams, adjustable with documentation, while deposits and balances abroad must be repatriated within 60 days of a lease ending.
Medical transfers have been simplified for patients covered by ACAPS-supervised insurers, who now need only proof of coverage rather than a medical certificate or invoice. Uncovered patients must still provide a certificate or estimate upfront and a final invoice within three months, while travel agencies handling client funds face stricter rules, including signed subrogation agreements before payment.
