Question 1

What is the "Street Money Changer Fraud" scam in Casablanca?

Accepted Answer

Individuals near the city center offer to exchange foreign currency at rates better than official bureaux. They pocket some bills during the handover, switch to lower denomination notes at the last moment, or hand over counterfeit Moroccan Dirhams. Exchange currency only at licensed banks or official exchange bureaux (bureaux de change). Street exchanges are illegal in Morocco. Count all money carefully before leaving any exchange counter.

Question 2

What is the "Street Money Changer Shortcount Near Place Mohammed V" scam in Casablanca?

Accepted Answer

Informal currency changers operating near Place Mohammed V and outside the central post office (PTT) on Boulevard de Paris offer exchange rates marginally above bank rates to attract tourists. When counting out bills, they use sleight of hand to remove notes from the stack before handing it over. Victims frequently discover the shortage only later, after the changer has disappeared. Use only bank branch ATMs or officially licensed exchange bureaux (bureaux de change) displaying a Bank Al-Maghrib licence. Always count every note in front of the changer immediately — do not let them rush you. The official rate is published daily on the Bank Al-Maghrib website.

Money & ATM Scams in Casablanca

Street Money Changer Fraud

Street Money Changer Shortcount Near Place Mohammed V

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