Since December 5, the Moroccan Foreign Exchange Office has introduced a new directive allowing authorized operators to facilitate foreign currency purchases through electronic payment terminals (EPTs) using international bank cards. Additionally, they can now issue payment cards in dirhams. This initiative is part of a broader effort to enhance the operational exchange framework, aiming to transition towards more secure and transparent solutions, as highlighted in a press release. These measures are outlined in circular no. 3/2025, which details the new privileges granted to foreign exchange operators for executing currency transactions via international bank cards. They adhere to financial compliance regulations, particularly focusing on «combating money laundering and the financing of terrorism (AML/CFT), as specified in recommendation 17 of the Financial Action Task Force (FATF)», according to the Foreign Exchange Office. In this framework, the agency underscores «the necessity of engaging third parties that adhere to the same vigilance standards and ensuring the traceability of transactions conducted on behalf of clients».
