The World Bank Group published its latest statistics on the cost of sending remittances from 48 source countries and in 105 receiving countries. The cost includes, among others, transaction fees, the applicable exchange rate, and the speed of the service. According to these statistics, the cost of sending $200 from the United States to Lebanon stood at $21.75 in the first quarter of 2023, representing 10.88% of the total amount transferred, compared to $22.06   (i.e. 11.03% of the transferred amount) a quarter earlier. This qualifies the USA-Lebanon corridor to be the third most expensive among all money corridors emanating from the United States. In a related note, the average cost of sending $500 from the United States to Lebanon dropped to $26.88 (5.38% of the transferred amount) in the first quarter of 2023, down from $26.97 (5.39% of the amount transferred) in the previous quarter. Furthermore, the World Bank statistics revealed that the cost of sending $200 from Canada rose to $17.12 (8.56%), while that of sending $200 from Australia contracted to $22.93 (11.47%). As far as European countries are concerned, the cost of sending $200 from Sweden to Lebanon decreased to $15.17 (7.58% of the transferred amount), with that of sending $200 from France rising to $16.93 (8.47%), and the cost of sending $500 from the aforementioned countries attaining $28.20 in the case of Sweden and $29.80 in the case of France. The cost of sending $200 from Germany to Lebanon receded to $14.72 (7.36% of the transferred amount) with that of sending $500 concurrently dropping to $29.42 (5.89% of the transferred amount). It is worth noting that Lebanon emerged as the sixth most expensive destination for receiving $200 from Germany. On a regional basis, the cost of sending $200 from Saudi Arabia to Lebanon rose to $10.40 (5.18% of the transferred amount) in the first quarter of 2023, with that of sending $500 also increasing to $16.80 (3.35%).