MANILA, Philippines – The P10 or P15 transfer fee for moving money between banks is finally disappearing, but why is it only happening now? As of Friday, July 17, at least 14 universal and commercial banks had waived both InstaPay and PESONet fees for individual customers, according to the Bangko Sentral ng Pilipinas (BSP). The list includes the big players: BDO, BPI, Metrobank, UnionBank, Landbank, PNB, Security Bank, RCBC, China Bank, and EastWest. The zero-fee wave followed BSP Circular No. 1238, which changed how financial institutions may charge for person-to-person transfers. Basically, if sending money to another account within the…