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Morocco is a country that nearly straddles two continents - although it is part of northern Africa, it’s so close to Spain that the ferry ride can be done in under an hour!
There are over 5 million Moroccan people living and working abroad who regularly send money home to support friends and family. You’ll find large Moroccan populations across much of Europe, North America and the Middle East, and Moroccan expats have helped to spread their unique culture across most of the globe!
These days it’s fairly easy to transfer money between bank accounts. But what about transferring money between cards…
Nationwide is a building society based in the UK which has 15 million customers. Although many use it for their banking and savings, Nationwide can also be used to send money abroad.
But is it worth transferring money internationally with Nationwide given that there are specialist money transfer services that can be easier, cheaper and faster?
Monzo is a challenger bank based in the UK. Many people use it for their day-to-day payments, as well as sending money to friends and family both in their own country as well as abroad.
Although Monzo’s primary function isn’t as an international money transfer service, it is very useful for people who already have money in their account and want to send money abroad. Before you choose Monzo for your international payments, you should do your research to make sure there aren’t better options for you which could save you money when compared to Monzo.