Moroccan dirham (MAD) bank holidays in 2027
Every day SRBM is closed in 2027, the Saturday and Sunday weekend, and what each closure does to a payment’s value date.
At a glance
- Clearing system
- SRBM
- Settlement weekend
- Saturday and Sunday
- Closing days in 2027
- 16 (9 on working days)
- Awaiting official date
- 4 Islamic holidays
MAD closing days, 2027
| Date | Weekday | Holiday | Status |
|---|---|---|---|
| Friday | New Year's DayJour de l'an · رأس السنة الميلادية | Confirmed | |
| Monday | Independence Manifesto DayManifeste de l'indépendance · ذكرى تقديم وثيقة الاستقلال | Confirmed | |
| Thursday | Amazigh New YearNouvel an amazigh · رأس السنة الأمازيغية | Confirmed | |
| – | Tuesday – Wednesday | Eid al-FitrAïd el-Fitr · عيد الفطر | Expected |
| Saturday | Labour DayFête du travail · عيد العمالFalls on the weekend | Confirmed | |
| – | Sunday – Monday | Eid al-AdhaAïd el-Adha · عيد الأضحى | Expected |
| Sunday | Islamic New YearNouvel an hégirien · رأس السنة الهجريةFalls on the weekend | Expected | |
| Friday | Throne DayFête du Trône · عيد العرش | Confirmed | |
| Saturday | Oued Ed-Dahab DayAllégeance Oued Eddahab · ذكرى استرجاع وادي الذهبFalls on the weekend | Confirmed | |
| Sunday | Prophet's BirthdayMawlid · المولد النبويFalls on the weekend | Expected | |
| Friday | Revolution of the King and the PeopleRévolution du Roi et du Peuple · ثورة الملك والشعب | Confirmed | |
| Saturday | Youth DayFête de la jeunesse · عيد الشبابFalls on the weekend | Confirmed | |
| Saturday | Green March DayMarche verte · ذكرى المسيرة الخضراءFalls on the weekend | Confirmed | |
| Thursday | Independence DayFête de l'indépendance · عيد الاستقلال | Confirmed |
Expected: an Islamic holiday whose date depends on the moon sighting. The official announcement usually comes a day or two before and can move the date by a day.
Last checked against Ministry of Habous and Islamic Affairs (moon sighting) and Bank Al-Maghrib.
What it means for payments
We pay out MAD by SWIFT, and you can hold MAD in your balance. When SRBM is closed, the beneficiary’s bank credits the payment on its next business day. Payments that pass through a US correspondent also wait for the Fedwire calendar.
The value date is the day the money is available to the beneficiary. A closing day on either side of a payment, sender’s or receiver’s, pushes it back. Timings are typical, never guaranteed.
Work out a value date in the payment calendar →Related
Questions
- How many MAD bank holidays are there in 2027?
- 16 closing days in our 2027 calendar for SRBM, of which 9 fall on a working day and so delay payments. 4 of the holidays depend on the moon sighting and are marked Expected until they are officially announced.
- What is the settlement weekend for MAD?
- Saturday and Sunday. SRBM does not settle on those days, so a payment released on them is processed on the next business day.
- Why are some MAD holidays marked “Expected”?
- Islamic holidays follow the lunar calendar and are fixed by an official announcement after the moon sighting, usually a day or two before. Until then we show the astronomical estimate, which can move by a day. We switch the status to Confirmed once the announcement is out.
- What happens to MAD payments on a bank holiday?
- It is accepted but not settled until the next day the clearing system is open, so the value date moves forward. Typical timings only; they are never guaranteed. The payment calendar tool works out the landing day for a corridor.
Sources and notices
Dates and figures come from the official publishers linked on this page, entered and checked by the Trillioni Pay team. No forecasts or consensus estimates are shown. Information only, not investment advice.
Paying in MAD around a holiday?
See the fee and the exchange rate before you confirm, and the day the money should arrive.
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