Usage Note
Transferir is an -ir verb with a stem change: transfiero, transfiere (e→ie in stressed syllables). It is used for transferring money (transferir fondos), data, or responsibilities. The noun is transferencia. In everyday banking speech, hacer una transferencia is the standard phrase.
Examples
"Voy a transferir el dinero ahora mismo."
Natural Translation
I'm going to transfer the money right now.
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