Focus on the pronunciation of transfer fee
English definition of “transfer fee”
› FINANCE a payment that you make when you move a balance (= the amount that you owe) from one credit card to another. You make the payment to the issuer (= bank, etc.) of the card to which you move the balance: Many credit card issuers charge balance transfer fees.
› a payment to a financial organization when you move money from one investment to another: The building society charged a £20 transfer fee if you moved your money elsewhere.
› PROPERTY, STOCK MARKET a payment that must be made when you buy shares, property, etc. from someone else