Morocco's income tax (IR) is progressive, 0–38%. CIH statements are Arabic-French with MAD amounts and French column labels. Convert to Excel and let your accountant handle the IR return.
Convert your CIH Bank statementCIH Bank — Crédit Immobilier et Hôtelier, founded in 1920 and historically Morocco's housing and tourism finance specialist — now offers full-service retail banking and is strong with civil servants such as teachers and healthcare workers through employer payroll agreements. Statements are bilingual Arabic-French (not Arabic-English), with French column labels and MAD amounts. The RIB, not an IBAN, identifies the account.
Morocco's tax framework runs through Bank Al-Maghrib (BAM) for regulation and the Direction Générale des Impôts (DGI) for collection. Personal income tax (impôt sur le revenu, IR) is progressive, 0–38%. Corporate tax is 20% as a base rate. VAT (TVA) is 20% on most goods and services. IR applies to net salary after the mandatory CNSS and AMO deductions. A converted CIH statement is the primary income evidence, readable by your accountant or tax advisor.
CIH issues a bilingual Arabic-French PDF. Columns are in French: Date, Libellé (description), Débit (MAD), Crédit (MAD), Solde (MAD). The account header uses French terms: RIB, Type de Compte, Agence, Période. Transaction narrations mix French labels with Arabic text where the customer set an Arabic-language preference — both are read natively. Strong digital adoption means most transactions carry an 'App', 'Web', or 'GAB' channel tag.
'Salaire' credits are the primary income line for the bank's large civil-servant base, paid by Ministry payroll systems. The gross salary versus the net credited amount differs by the mandatory CNSS and AMO deductions — that gap is an implicit deduction, so pay slips are needed to reconcile. Mortgage interest ('Intérêts Crédit Immobilier') is partially deductible from IR in Morocco, up to MAD 10,000 per year, but the statement does not split principal from interest in the 'Remboursement Crédit Immobilier' debit.
The Moroccan IR return wants gross income by category and the deductions allowed where they apply. CIH's statement gives the income side; the housing-loan interest split needs the bank's amortisation schedule.
Bilingual Arabic-French PDF. Column structure similar to Attijariwafa: Date, Libellé, Débit (MAD), Crédit (MAD), Solde (MAD). RIB shown in header. Strong digital channel adoption means most transactions tagged with 'App', 'Web', or 'GAB' channel identifiers. Housing loan instalments ('Remboursement Crédit Immobilier') are common recurring debits. CIH was historically the housing bank before full-service expansion; legacy mortgage customers still dominate older statement cohorts.
| Label | Meaning |
|---|---|
| Remboursement Crédit Immobilier | Housing loan instalment repayment |
| Virement Web | Online banking transfer via CIH web portal |
| Retrait GAB | ATM cash withdrawal |
| Salaire | Salary credit |
| Paiement App | Payment executed via CIH Mobile app |
Rules in Morocco differ — see our country guide
Pull the period from CIH Mobile
Open CIH Mobile or the web portal and request the period your tax advisor needs — usually January to December for the annual IR return. The bilingual French-Arabic PDF is read natively by Kashfbank.
Upload and confirm MAD formatting
Drop the PDF into Kashfbank. MAD amounts use two decimal places. The export keeps the French column labels in the header info and the transaction narration in whichever language the bank used.
Filter to taxable income only
Sort by Category. 'Salaire' is the primary income line. Incoming 'Virement' needs context — client payments are taxable, family transfers usually are not. 'Remboursement' debits are not income.
Hand off to your tax advisor
Most individuals in Morocco use a tax advisor for the IR return, especially property owners or those with multiple income sources. Share the Excel and the original CIH PDF. Keep everything — the DGI can audit for several years.
Common challenges
Is mortgage interest deductible from Moroccan IR?
Yes — up to MAD 10,000 per year of mortgage interest on a primary residence may be deductible from IR. The CIH statement shows a 'Remboursement Crédit Immobilier' debit each month but does not split principal from interest. Ask CIH for the amortisation schedule for the exact interest figure your accountant needs.
Does the export handle the French column labels correctly?
Yes. Kashfbank reads the French column labels (Date, Libellé, Débit, Crédit, Solde) and maps them to the standard Excel export columns. The bilingual Arabic-French narration is preserved in the Description column on every row.
My salary shows net, not gross. How do I report gross for IR?
The 'Salaire' credit is net of mandatory CNSS, AMO, and IR withheld at source by your employer. The statement shows only the net. For the gross figure your IR return needs, use your pay slips (bulletins de paie); the statement confirms the net amount actually received.
CIH uses a RIB, not an IBAN. Does the export handle that?
Yes. The RIB is Morocco's 24-digit bank account identifier shown in the statement header. Kashfbank preserves it as the account identifier and does not misread it as an IBAN — relevant when matching payment references for the DGI.
Freelancers
Extract, categorize, and export freelance income and expenses from PDF bank statements — ready for 1099, self-assessment, or ZATCA filings.
Loan Applications
Prepare clean, lender-ready bank statement exports that prove stable income and responsible financial behavior for personal and business loan applications.
Mortgage Applications
Prepare 6–12 months of verified, structured bank statement data for mortgage underwriting — covering down payment seasoning, income stability, and GCC real estate requirements.
Statement language: Arabic / English