Meaning of “transfer” - Learner’s Dictionary

transfer

verb uk us /trænsˈfɜːr/ (present participle transferring, past tense and past participle transferred)
MOVE [ T ]

B1 to move someone or something from one place to another:

She was later transferred to a different hospital.
I'll transfer some money into my other account.
CHANGE JOB/TEAM ETC [ I, T ]

B2 to change to a different job, team, place of work, etc, or to make someone do this:

After a year he transferred to University College, Dublin.
CHANGE OWNER [ T ]

to change who owns or controls something:

We had all the documents transferred to my name.
transfer uk us /ˈtrænsfɜːr/ noun [ C, U ]

B2

It speeds up the transfer of information from one office to another.
I'm hoping for a transfer to the Brussels office.

(Definition of “transfer” from the Cambridge Learner’s Dictionary © Cambridge University Press)