[Mimick]

The same on Morocco and politicians say so people who got money by corruption will not get them out, since here it's legally to not justify where you got your money from. So no need for money laundry.

The real reasons is just because it's not healthy for a developed economy who can't compete with the world to not monitor the ins and outs... Also we don't have a real currency but our is called Dirham and it's basically 40% USD and 60% EURO, They adjust it by time to time and change those values depends on how EU or US doing so if one of those currency crushed hard ours don't (It was 20% USD, and 80% EURO so relax my US fellas you're doing fine :P). And if you got caught trying to speak even like DH10 ($1) out of Morocco it's a serious crime (while you can take it in another currency, that's why you find Dirham only on Morocco).

Years ago I got my first credit card that world internationally (I tried 4 banks, it was just released, and they had too much technical issue AKA it's not working at all only one of them worked for me...) and it's capped at $1000 a year... you my think is nothing but it's like a dream for me... being able to get a couple of domains and servers is the dream.

[eveningcoffee]

Do you have a black market for currency exchanges?

[Mimick]

You don't need it, you can do it legally on any bank or exchange office. Since getting money out is the illegal thing and not using another currency inside Morocco.

If you're a politician or with a bit of power you can get money out of Morocco easily. Even when politicians caught doing that (no foreign nationality but owning stuff outside of Morocco) newspaper write about them and they respond with stuff like I really needed that since I have to send my son to study there... TL;DR: law don't apply on them...

[LordKano]

I think what he's asking is if there is some unofficial way to get money out.

If someone who is very affluent wishes to visit Paris or New York for two weeks, how would he or she go about taking enough money to rent a room in a luxury hotel?

[Mimick]

You can't pass a limit.

One of the ways that there's also is money exchange, like someone who want to send money to Morocco and he is outside of Morocco.

Or you can just walk into a Spanish/Moroccan city (there's 2 on, on Africa... governed by Spain but both countries claim its their own) and deposit the money to a bank or something.

It's not like they are making it impossible for you, it's just impossible to do with on the way you are comfort with...

[the_watcher]

This situation is pretty much exactly how I can see cryptocurrencies continuing to exist, at least as a niche money movement option to dodge currency controls.