what is transfer

A transfer refers to the movement of assets, monetary funds, or ownership rights from one account to another. This can involve a change in ownership, such as when an investor sells a real estate holding, or the movement of an account from one bank or brokerage to another. Transfers can also include the conveyance of right, title, or interest in real or personal property from one person to another, as well as the act of physically or electronically moving money or assets from one account or location to another