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The phrase "making the transfer" is perfectly correct and usable in written English.
It can be used when referring to a situation in which someone is transferring something or someone from one place to another. For example, "My employer is making the transfer from London to Paris this afternoon."
Exact(46)
Roads leading here are unpaved, making the transfer of food and weapons and the evacuation of the wounded difficult.
It's a terrible shame we have had this dip at secondary level while we are making the transfer.
But it remains clear that the State's standards are to be applied in making the transfer determination.
While making the transfer function more generally applicable, these approximations also limit the performance of the HE method.
Each creates an income stream — an annuity from a GRAT or interest in connection with a loan — for the person making the transfer.
"It is incredibly difficult and untested, but charities have a huge liquidity problem and venture philanthropy is a way of making the transfer of money easier," says Mercer.
Similar(14)
The charge for making the transfers represented the bank's sole source of income.
Mr. Carlin said that Mr. Giacchetto did not stop making the transfers once the S.E.C. examiners began work.
Spencer asked the court to order the city to stop making the transfers and to restore to the utility all funds he claimed were transferred illegally.
I made the transfer in my mind.
I made the transfer via my online bank, and sent proof of transfer.
More suggestions(15)
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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