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The phrase "are already transferring" is correct and usable in written English.
It can be used when describing an ongoing action of moving something from one place to another that is currently happening or has recently started.
Example: "The files are already transferring to the new server, so we should see them available shortly."
Alternatives: "are currently moving" or "are in the process of transferring".
Dictionary
are already transferring
adverb
Prior to some specified time, either past, present, or future; by this time; previously.
Exact(3)
Hundreds of millions of people are already transferring bits and pieces of their lives from capitalist markets to the emerging global collaborative commons, operating on a ubiquitous internet-of-things platform.
Millions of people are already transferring parts of their economic lives to the global Collaborative Commons.
Millions of people are already transferring bits and pieces of their economic life to the Sharing Economy.
Similar(56)
Most preterm infants are already transferred to regional district hospitals with special care units before they have reached the postnatal age of 36 weeks.
52 Finally, since patients who were included in the comparison group are already transferred to adult rheumatology, they are older when compared with those in the intervention group.
Since the edge structure of the two compared graphs are already transferred into clusterings, we have the edges of the new difference graph represent more pressing information.
Hypo Real Estate said the stress tests had "limited relevance" because it was already transferring troubled assets to a so-called bad bank underwritten by the German government.
Hypo Real Estate, which failed the previous round of stress tests, said last year that the tests had "limited relevance" because it was already transferring troubled assets into a vehicle backed by the German government.
Whether or not the trend is accelerated by Waxman-Markey, wealth is already transferring from middle states to the coasts, because the East and West coasts are where the action and innovation are.
Although some species of Pyrostria group B were already transferred to Pyrostria s.s. and Psydrax based on morphology, other representatives of the group remain unsettled.
He's already transferred $250 million to his Anil Agarwal Foundation for Vedanta University but won't say how much he's spent on the land and the other costs so far.
More suggestions(14)
are already transferred into
is already transferred
are already migrating
are now transferring
are already transplanting
are already streaming
are already surrendering
are already offshoring
are actually transferring
are already outsourcing
are currently transferring
are already shipping
are already deploying
already started transferring
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com