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The phrase "is being transfered" is not correct due to a spelling error; it should be "is being transferred." You can use it in contexts where you are describing an ongoing action of moving something from one place to another.
Example: "The funds are being transferred to your account as we speak."
Exact(1)
The case is being transfered to the police bias unit, Sergeant Foley said.
Similar(57)
A minister will decide whether power is being transferred.
Too bad Dad is being transferred to New York.
More power is being transferred to the Scottish parliament.
"Your call is being transferred to a service representative".
People are often convinced their money is safe because it is being transferred into an account in their name.
In this case the risk is being transferred to those who can least afford to bear it.
The assignment is being transferred to OMD from the Advanswers division of PHD, another Omnicom media agency.
As part of its "completion strategy," evidence in many ongoing investigations is being transferred to local authorities.
Mr. Zhou is being held without bond and is being transferred to Denver to face charges there.
That entry says "this thing of value is being transferred".
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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