Morocco Property Forum - Property investment in Morocco - View Single Post

moroccobound · 01-10-07, 10:54 AM

Camel

If seeking a mortgage as a non resident, ie. in this case as a Dubai company, with a Moroccan bank, the bank will want it serviced in foreign currency, but if a resident, ie a Moroccan Company seeks financing, the bank will want it serviced in dirhams.

01-10-07, 10:54 AM	#3 (permalink)
moroccobound Junior Member Join Date: Aug 2007 Posts: 29	Re: Dubai company investing in morocco Camel If seeking a mortgage as a non resident, ie. in this case as a Dubai company, with a Moroccan bank, the bank will want it serviced in foreign currency, but if a resident, ie a Moroccan Company seeks financing, the bank will want it serviced in dirhams.