transferring funds

USAGE SUMMARY

The phrase "transferring funds" is grammatically correct and commonly used in written English.
It refers to the act of moving money from one account or financial institution to another. Example: "Please be aware that there may be additional fees associated with transferring funds between different banks."

✓ Grammatically correct

News & Media

Formal & Business

Science

Human-verified examples from authoritative sources

Exact Expressions

60 human-written examples

UIGEA prohibits financial institutions from transferring funds to gambling sites.

The Economist

It says users are having trouble transferring funds between accounts on the site.

The Guardian

The military said that Mr. Mahamra was suspected of transferring funds to establish a terrorist network in the West Bank.

The New York Times

The law bars a debtor from transferring funds in a way that protects one class of creditors over another.

The New York Times

Along with the rock story, the documentary alleged that one spy was transferring funds to Russian non-governmental organisations (NGOs).

The Economist

Companies should understand the regulations around Gift Aid, direct tax and VAT before transferring funds or making important strategic decisions.

The Guardian

For this reason, McAuley describes private health insurance as "an instrument transferring funds from the young to the old".

The Guardian

That adds complexity to the already tricky business of safely and securely transferring funds among financial institutions and merchants.

The New York Times - Tech

If someone is establishing a fund affiliated with a company where they already do business, transferring funds is relatively simple.

The New York Times

Gamski was tricked into transferring funds to the conman's account, instead of to one of her business suppliers.

The Times

As technologies for individual users developed, banks permitted depositors to pay their bills by transferring funds from their account to the creditor's account.

Encyclopedia Britannica

Expert writing Tips

Best practice

When writing about financial transactions, be specific about the type of funds being transferred (e.g., "transferring investment funds", "transferring charitable donations") to provide clarity.

Common error

Ensure the context clearly indicates which accounts or entities are involved when "transferring funds". Vague references can lead to confusion.

Linguistic Context

The phrase "transferring funds" functions as a gerund phrase, often acting as a noun. As evidenced in Ludwig, it describes the action of moving money from one place to another. The Ludwig AI confirms it is grammatically correct and widely used.

Expression frequency: Very common

Frequent in

News & Media

40%

Formal & Business

25%

Science

10%

Less common in

Wiki

10%

Encyclopedias

5%

Reference

5%

Ludwig's WRAP-UP

In summary, "transferring funds" is a grammatically correct and frequently used gerund phrase that describes the act of moving money. As Ludwig AI confirms, this phrase is common across many contexts, particularly in news, business, and finance. It is important to use specific language to clearly state the entities and reasons for the funds transfer. Common errors include ambiguity, which can be mitigated by precise wording. By being aware of these nuances, you can use the phrase accurately and effectively in your writing.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

transferring monies

Replaces "funds" with the synonym "monies".

transfer funds

Uses the base form of the verb "transfer" instead of the gerund form.

transferring funding

Substitutes "funds" with "funding", emphasizing the act of providing financial resources.

transferring subsidies

Specifies "subsidies" as the type of funds being transferred, narrowing the context.

transferring contributions

Specifies "contributions" as the type of funds being transferred, changing the context to donations or payments.

diverting funds

Indicates a change in the intended destination of the funds.

deploying funds

Shifts the focus to the strategic allocation of funds.

divesting funds

Describes the act of selling off or getting rid of funds or assets.

transferring operations

Broadens the scope to include the movement of business activities, not just money.

transferring goods

Shifts the context from money to physical items.

FAQs

How can I use "transferring funds" in a sentence?

You can use "transferring funds" to describe the movement of money between accounts or entities, such as "The company is "transferring funds" to its overseas subsidiary."

What's a synonym for "transferring funds"?

Synonyms include "remitting funds", "transmitting monies", or "relocating capital", depending on the context.

Which is correct: "transferring funds" or "transferring fund"?

"Transferring funds" is correct because "funds" is typically used in the plural to refer to money or financial resources.

What's the difference between "transferring funds" and "allocating funds"?

"Transferring funds" refers to the act of moving money, while "allocating funds" means distributing or assigning money for a specific purpose.