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Discover LudwigThe phrase "are transferring" is correct and usable in written English.
It can be used to describe an ongoing action of moving something from one place to another, typically in the present continuous tense.
Example: "They are transferring the files to the new server as we speak."
Alternatives: "are moving" or "are shifting".
Dictionary
are transferring
verb
To move or pass from one place, person or thing to another.
Exact(60)
Are those to whom they are transferring the risk capable of managing it?
Exchange officials are transferring customer accounts to other brokerage firms.
Announce that you are transferring a call and hang up.
Even some business people are transferring some investments overseas.
If doctors' neckties are transferring germs from patient to patient, I say: Gentlemen!
Other passengers are transferring from another bus, using free student MetroCards or paying with unlimited MetroCards.
"The older you get, the poorer the quality of genetic material you are transferring.
More people are being transferred into such units than are transferring out.
"We are transferring power from Washington, D.C., and giving it back to you, the people".
(If you are transferring the figs to a baking dish, do so now).
Either way, pitchers are transferring energy from larger muscles to smaller ones.
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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