Morocco's IR runs 0–38% progressive. Attijariwafa statements are bilingual French-Arabic with MAD amounts and French column labels. Convert to Excel and let your accountant handle the IR return.
Convert your Attijariwafa statementAttijariwafa Bank — formed in 2003 from the merger of Banque Commerciale du Maroc and Wafabank, now Morocco's largest bank — is the default banking relationship for a wide swath of Moroccan customers: retail, SME, large corporate, and pan-African subsidiaries. Statements are bilingual Arabic-French (not Arabic-English), with French column labels and a mix of French and Arabic transaction narrations. MAD is the currency.
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. Interest income on savings deposits is subject to 30% withholding tax at source. The Attijariwafa statement is the primary income evidence for personal IR returns; the converted Excel makes it readable for your accountant or tax advisor.
Attijariwafa issues a bilingual Arabic-French PDF. Primary columns are in French: Date, Libellé (description), Débit (MAD), Crédit (MAD), Solde (MAD). The account header uses French terms: RIB (Relevé d'Identité Bancaire — the 24-digit Moroccan bank account identifier), Type de Compte, Agence, Période. Transaction narrations mix French and Arabic depending on the customer's language preference; both are read natively by Kashfbank.
'Salaire' credits are the primary income line for salaried customers. 'Intérêts' credits represent interest income on savings deposits, already net of the 30% withholding tax. 'Virement' is the generic French label for a bank transfer — inbound 'Virement' from clients or family is taxable based on context. 'Remboursement' is a loan repayment instalment, a debit. Pan-African transfers may carry country prefix codes in the narration.
Morocco's IR return wants total income by category, deductible expenses where permitted, and tax already paid through withholding. The Attijariwafa statement supplies the income side and shows withholding on interest as a difference between gross and net (the gross is computed by dividing the net by 0.70).
Bilingual Arabic-French PDF (not English). Primary columns in French: Date, Libellé (description), Débit (MAD), Crédit (MAD), Solde (MAD). Account header uses French terms: RIB (Relevé d'Identité Bancaire), Type de Compte, Agence, Période. Transaction narrations mix French labels with Arabic text where customer has set Arabic-language preference. MAD two-decimal formatting. International transactions reference correspondent bank codes. Sub-Saharan African branch transactions may appear with country prefix codes.
| Label | Meaning |
|---|---|
| Virement | Bank transfer (French: wire/transfer) |
| Retrait GAB | ATM cash withdrawal (GAB = Guichet Automatique Bancaire) |
| Paiement TPE | POS card payment (TPE = Terminal de Paiement Électronique) |
| Salaire | Salary credit |
| Remboursement | Loan repayment instalment |
Rules in Morocco differ — see our country guide
Pull the period from Attijari Mobile
Open Attijari Mobile or Attijari NET (internet banking) and request the period your fiscal advisor needs — typically January to December for the IR annual 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 Excel export preserves the French column labels in the header information and the transaction narration in whichever language the bank used.
Filter to taxable income only
Sort by Category in the export. 'Salaire' and 'Intérêts' credits are the primary income lines. 'Virement' inbound credits need context — client payments are taxable, family transfers usually not. 'Remboursement' debits are not income.
Send to your fiscal advisor
Most Moroccan individuals use a fiscal advisor for IR filing, especially for property owners or those with multiple income sources. Share the Excel and the original Attijariwafa PDF. Retain everything as DGI may inspect for several years after filing.
Common challenges
Does Attijariwafa show the 30% withholding on interest deposits?
Attijariwafa credits 'Intérêts' net of withholding — the 30% is deducted at source. To report gross interest on the IR return, divide the credited amount by 0.70. Kashfbank preserves the net figure exactly as printed; the gross-up is a manual calculation your accountant runs.
I am a Moroccan diaspora customer remitting from France. Are those credits taxable in Morocco?
For Moroccan tax residents, worldwide income is generally taxable. For non-resident Moroccans (MRE — Marocains Résidents à l'Étranger), only Moroccan-source income is taxed in Morocco. Diaspora customers usually fall in the second category, but residency rules depend on time spent in Morocco and other criteria. Confirm your status with your fiscal advisor.
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 statement shows the 'Remboursement Crédit Immobilier' debit each month but does not split principal and interest. Request the amortisation schedule from your Attijariwafa branch for the interest figure your accountant needs.
Does the export handle 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 each row.
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Statement language: Arabic / English