Fintech Thunes Launches Instant Money Transfer Service to Morocco
The Singaporean fintech company Thunes has announced the launch of a new cross-border money transfer service to Morocco, allowing users to send money in dirhams directly to local bank accounts instantly. This service offers a fast and reliable alternative to traditional methods that are often slow and costly.
This innovation comes in response to the increasing volume of international remittances to the kingdom, driven by the dynamic Moroccan diaspora abroad and the growth of regional trade exchanges.
Thanks to its direct integration with the national banking system, Thunes promises more transparent transactions at lower costs, providing a simplified experience for both individuals and businesses.
This development represents a pivotal step in the Moroccan market, which still heavily relies on traditional channels for money transfers. It addresses the growing demand for fast, secure, and accessible financial services and could significantly change how Moroccans receive money from abroad.