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Agadir – Morocco’s Exchange Office has launched a new digital platform, “SARF,” to modernize and secure foreign currency exchange operations across the country.
The platform became operational on Monday, June 15, and is designed to provide real-time, digitalized management of foreign currency transactions while strengthening compliance and oversight within the sector.
In a statement, the Exchange Office said the launch follows an extensive nationwide training program conducted for currency exchange companies to ensure they are fully equipped to use the new system.
“The Exchange Office announces the deployment, as from 15 June 2026, of its ‘SARF’ platform, dedicated to the digitalized, real-time and secure management of foreign currency exchange operations,” the institution announced.
To facilitate the transition to the new platform, the Exchange Office has established a dedicated support unit to assist operators during the rollout phase.
The institution has also developed educational resources, including explanatory videos and user guides, to help exchange operators navigate the platform’s functionalities and procedures.
According to the office, these measures are intended to ensure a smooth adoption process and provide ongoing assistance to professionals in the sector.
Management of exchange operations
The SARF platform covers the full range of activities carried out by currency exchange operators, including the purchase and sale of foreign currencies to customers and the issuance of transaction slips.
The Exchange Office noted that the solution also incorporates mechanisms to enhance vigilance and regulatory compliance.
“The solution also provides operators with an assistance and support mechanism designed to strengthen vigilance and compliance with regard to Anti-Money Laundering and Combating the Financing of Terrorism (AML/CFT),” the statement said.
According to the institution, the platform is expected to reinforce compliance, improve support services for exchange operators, and strengthen the supervisory framework governing the sector.
“The deployment of this new solution forms part of the efforts undertaken by the Exchange Office to consolidate the compliance and traceability of foreign currency exchange operations, enhance the support provided to currency exchange operators, and strengthen the supervisory framework,” the statement concluded.
