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Discover LudwigThe transfer is indeed correct and usable in written English, and can be used in a variety of different contexts
For example, you could say "The transfer of ownership was completed swiftly and without incident" to express that ownership of something had been transferred without any problems.
Dictionary
The transfer
verb
To move or pass from one place, person or thing to another.
Exact(60)
The transfer was made.
The transfer was very good.
The transfer can be costly.
The transfer was explained.
The transfer was expeditious.
The transfer window in Europe closes Wednesday.
The transfer is not a huge surprise.
The transfer is not paying off.
The transfer is a highly unusual one.
The transfer.
"The transfer window is open.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com