diff --git a/apps/api/src/app/account/transfer-balance.dto.ts b/apps/api/src/app/account/transfer-balance.dto.ts
new file mode 100644
index 000000000..fb602033e
--- /dev/null
+++ b/apps/api/src/app/account/transfer-balance.dto.ts
@@ -0,0 +1,12 @@
+import { IsNumber, IsString } from 'class-validator';
+
+export class TransferBalanceDto {
+  @IsString()
+  accountIdFrom: string;
+
+  @IsString()
+  accountIdTo: string;
+
+  @IsNumber()
+  balance: number;
+}
diff --git a/apps/client/src/app/components/accounts-table/accounts-table.component.html b/apps/client/src/app/components/accounts-table/accounts-table.component.html
index d3ece8977..664694735 100644
--- a/apps/client/src/app/components/accounts-table/accounts-table.component.html
+++ b/apps/client/src/app/components/accounts-table/accounts-table.component.html
@@ -1,3 +1,14 @@
+<div *ngIf="false" class="d-flex justify-content-end">
+  <button
+    class="align-items-center d-flex"
+    mat-stroked-button
+    (click)="onTransferBalance()"
+  >
+    <ion-icon class="mr-2" name="arrow-redo-outline"></ion-icon>
+    <ng-container i18n>Transfer Cash Balance</ng-container>...
+  </button>
+</div>
+
 <table class="gf-table w-100" mat-table matSort [dataSource]="dataSource">
   <ng-container matColumnDef="status">
     <th
diff --git a/apps/client/src/app/components/accounts-table/accounts-table.component.ts b/apps/client/src/app/components/accounts-table/accounts-table.component.ts
index 77b7b4d0f..81333ef2d 100644
--- a/apps/client/src/app/components/accounts-table/accounts-table.component.ts
+++ b/apps/client/src/app/components/accounts-table/accounts-table.component.ts
@@ -34,6 +34,7 @@ export class AccountsTableComponent implements OnChanges, OnDestroy, OnInit {
 
   @Output() accountDeleted = new EventEmitter<string>();
   @Output() accountToUpdate = new EventEmitter<AccountModel>();
+  @Output() transferBalance = new EventEmitter<void>();
 
   @ViewChild(MatSort) sort: MatSort;
 
@@ -97,6 +98,10 @@ export class AccountsTableComponent implements OnChanges, OnDestroy, OnInit {
     alert(aComment);
   }
 
+  public onTransferBalance() {
+    this.transferBalance.emit();
+  }
+
   public onUpdateAccount(aAccount: AccountModel) {
     this.accountToUpdate.emit(aAccount);
   }
diff --git a/apps/client/src/app/pages/accounts/accounts-page.component.ts b/apps/client/src/app/pages/accounts/accounts-page.component.ts
index ab03340df..18d5d1e2a 100644
--- a/apps/client/src/app/pages/accounts/accounts-page.component.ts
+++ b/apps/client/src/app/pages/accounts/accounts-page.component.ts
@@ -2,6 +2,7 @@ import { ChangeDetectorRef, Component, OnDestroy, OnInit } from '@angular/core';
 import { MatDialog } from '@angular/material/dialog';
 import { ActivatedRoute, Router } from '@angular/router';
 import { CreateAccountDto } from '@ghostfolio/api/app/account/create-account.dto';
+import { TransferBalanceDto } from '@ghostfolio/api/app/account/transfer-balance.dto';
 import { UpdateAccountDto } from '@ghostfolio/api/app/account/update-account.dto';
 import { AccountDetailDialog } from '@ghostfolio/client/components/account-detail-dialog/account-detail-dialog.component';
 import { AccountDetailDialogParams } from '@ghostfolio/client/components/account-detail-dialog/interfaces/interfaces';
@@ -16,6 +17,7 @@ import { Subject, Subscription } from 'rxjs';
 import { takeUntil } from 'rxjs/operators';
 
 import { CreateOrUpdateAccountDialog } from './create-or-update-account-dialog/create-or-update-account-dialog.component';
+import { TransferBalanceDialog } from './transfer-balance/transfer-balance-dialog.component';
 
 @Component({
   host: { class: 'page' },
@@ -67,6 +69,8 @@ export class AccountsPageComponent implements OnDestroy, OnInit {
           } else {
             this.router.navigate(['.'], { relativeTo: this.route });
           }
+        } else if (params['transferBalanceDialog']) {
+          this.openTransferBalanceDialog();
         }
       });
   }
@@ -144,6 +148,12 @@ export class AccountsPageComponent implements OnDestroy, OnInit {
       });
   }
 
+  public onTransferBalance() {
+    this.router.navigate([], {
+      queryParams: { transferBalanceDialog: true }
+    });
+  }
+
   public onUpdateAccount(aAccount: AccountModel) {
     this.router.navigate([], {
       queryParams: { accountId: aAccount.id, editDialog: true }
@@ -267,4 +277,30 @@ export class AccountsPageComponent implements OnDestroy, OnInit {
         this.router.navigate(['.'], { relativeTo: this.route });
       });
   }
+
+  private openTransferBalanceDialog(): void {
+    const dialogRef = this.dialog.open(TransferBalanceDialog, {
+      data: {
+        accounts: this.accounts
+      },
+      height: this.deviceType === 'mobile' ? '97.5vh' : '80vh',
+      width: this.deviceType === 'mobile' ? '100vw' : '50rem'
+    });
+
+    dialogRef
+      .afterClosed()
+      .pipe(takeUntil(this.unsubscribeSubject))
+      .subscribe((data: any) => {
+        if (data) {
+          const { accountIdFrom, accountIdTo, balance }: TransferBalanceDto =
+            data?.account;
+
+          console.log(
+            `Transfer cash balance of ${balance} from account ${accountIdFrom} to account ${accountIdTo}`
+          );
+        }
+
+        this.router.navigate(['.'], { relativeTo: this.route });
+      });
+  }
 }
diff --git a/apps/client/src/app/pages/accounts/accounts-page.html b/apps/client/src/app/pages/accounts/accounts-page.html
index 6057802df..a7d5901bb 100644
--- a/apps/client/src/app/pages/accounts/accounts-page.html
+++ b/apps/client/src/app/pages/accounts/accounts-page.html
@@ -14,6 +14,7 @@
           [transactionCount]="transactionCount"
           (accountDeleted)="onDeleteAccount($event)"
           (accountToUpdate)="onUpdateAccount($event)"
+          (transferBalance)="onTransferBalance()"
         ></gf-accounts-table>
       </div>
     </div>
diff --git a/apps/client/src/app/pages/accounts/accounts-page.module.ts b/apps/client/src/app/pages/accounts/accounts-page.module.ts
index 9edb43ba7..7de50983c 100644
--- a/apps/client/src/app/pages/accounts/accounts-page.module.ts
+++ b/apps/client/src/app/pages/accounts/accounts-page.module.ts
@@ -8,6 +8,7 @@ import { GfAccountsTableModule } from '@ghostfolio/client/components/accounts-ta
 import { AccountsPageRoutingModule } from './accounts-page-routing.module';
 import { AccountsPageComponent } from './accounts-page.component';
 import { GfCreateOrUpdateAccountDialogModule } from './create-or-update-account-dialog/create-or-update-account-dialog.module';
+import { GfTransferBalanceDialogModule } from './transfer-balance/transfer-balance-dialog.module';
 
 @NgModule({
   declarations: [AccountsPageComponent],
@@ -17,6 +18,7 @@ import { GfCreateOrUpdateAccountDialogModule } from './create-or-update-account-
     GfAccountDetailDialogModule,
     GfAccountsTableModule,
     GfCreateOrUpdateAccountDialogModule,
+    GfTransferBalanceDialogModule,
     MatButtonModule,
     RouterModule
   ],
diff --git a/apps/client/src/app/pages/accounts/transfer-balance/interfaces/interfaces.ts b/apps/client/src/app/pages/accounts/transfer-balance/interfaces/interfaces.ts
new file mode 100644
index 000000000..3a0b921fd
--- /dev/null
+++ b/apps/client/src/app/pages/accounts/transfer-balance/interfaces/interfaces.ts
@@ -0,0 +1,5 @@
+import { Account } from '@prisma/client';
+
+export interface TransferBalanceDialogParams {
+  accounts: Account[];
+}
diff --git a/apps/client/src/app/pages/accounts/transfer-balance/transfer-balance-dialog.component.ts b/apps/client/src/app/pages/accounts/transfer-balance/transfer-balance-dialog.component.ts
new file mode 100644
index 000000000..4850e96e3
--- /dev/null
+++ b/apps/client/src/app/pages/accounts/transfer-balance/transfer-balance-dialog.component.ts
@@ -0,0 +1,69 @@
+import {
+  ChangeDetectionStrategy,
+  Component,
+  Inject,
+  OnDestroy
+} from '@angular/core';
+import { FormBuilder, FormGroup, Validators } from '@angular/forms';
+import { MAT_DIALOG_DATA, MatDialogRef } from '@angular/material/dialog';
+import { TransferBalanceDto } from '@ghostfolio/api/app/account/transfer-balance.dto';
+import { Account } from '@prisma/client';
+import { Subject } from 'rxjs';
+
+import { TransferBalanceDialogParams } from './interfaces/interfaces';
+
+@Component({
+  host: { class: 'h-100' },
+  selector: 'gf-transfer-balance-dialog',
+  changeDetection: ChangeDetectionStrategy.OnPush,
+  styleUrls: ['./transfer-balance-dialog.scss'],
+  templateUrl: 'transfer-balance-dialog.html'
+})
+export class TransferBalanceDialog implements OnDestroy {
+  public accounts: Account[] = [];
+  public currency: string;
+  public transferBalanceForm: FormGroup;
+
+  private unsubscribeSubject = new Subject<void>();
+
+  public constructor(
+    @Inject(MAT_DIALOG_DATA) public data: TransferBalanceDialogParams,
+    public dialogRef: MatDialogRef<TransferBalanceDialog>,
+    private formBuilder: FormBuilder
+  ) {}
+
+  public ngOnInit() {
+    this.accounts = this.data.accounts;
+
+    this.transferBalanceForm = this.formBuilder.group({
+      balance: [0, Validators.required],
+      fromAccount: ['', Validators.required],
+      toAccount: ['', Validators.required]
+    });
+
+    this.transferBalanceForm.get('fromAccount').valueChanges.subscribe((id) => {
+      this.currency = this.accounts.find((account) => {
+        return account.id === id;
+      }).currency;
+    });
+  }
+
+  public onCancel() {
+    this.dialogRef.close();
+  }
+
+  public onSubmit() {
+    const account: TransferBalanceDto = {
+      accountIdFrom: this.transferBalanceForm.controls['fromAccount'].value,
+      accountIdTo: this.transferBalanceForm.controls['toAccount'].value,
+      balance: this.transferBalanceForm.controls['balance'].value
+    };
+
+    this.dialogRef.close({ account });
+  }
+
+  public ngOnDestroy() {
+    this.unsubscribeSubject.next();
+    this.unsubscribeSubject.complete();
+  }
+}
diff --git a/apps/client/src/app/pages/accounts/transfer-balance/transfer-balance-dialog.html b/apps/client/src/app/pages/accounts/transfer-balance/transfer-balance-dialog.html
new file mode 100644
index 000000000..9cce7b87a
--- /dev/null
+++ b/apps/client/src/app/pages/accounts/transfer-balance/transfer-balance-dialog.html
@@ -0,0 +1,53 @@
+<form
+  class="d-flex flex-column h-100"
+  [formGroup]="transferBalanceForm"
+  (keyup.enter)="transferBalanceForm.valid && onSubmit()"
+  (ngSubmit)="onSubmit()"
+>
+  <h1 i18n mat-dialog-title>Transfer Cash Balance</h1>
+  <div class="flex-grow-1 py-3" mat-dialog-content>
+    <div>
+      <mat-form-field appearance="outline" class="w-100">
+        <mat-label i18n>From</mat-label>
+        <mat-select formControlName="fromAccount">
+          <mat-option *ngFor="let account of accounts" [value]="account.id"
+            >{{ account.name }}</mat-option
+          >
+        </mat-select>
+      </mat-form-field>
+    </div>
+    <div>
+      <mat-form-field appearance="outline" class="w-100">
+        <mat-label i18n>To</mat-label>
+        <mat-select formControlName="toAccount">
+          <mat-option *ngFor="let account of accounts" [value]="account.id"
+            >{{ account.name }}</mat-option
+          >
+        </mat-select>
+      </mat-form-field>
+    </div>
+    <div>
+      <mat-form-field appearance="outline" class="w-100">
+        <mat-label i18n>Value</mat-label>
+        <input
+          formControlName="balance"
+          matInput
+          type="number"
+          (keydown.enter)="$event.stopPropagation()"
+        />
+        <span class="ml-2" matTextSuffix>{{ currency }}</span>
+      </mat-form-field>
+    </div>
+  </div>
+  <div class="justify-content-end" mat-dialog-actions>
+    <button i18n mat-button type="button" (click)="onCancel()">Cancel</button>
+    <button
+      color="primary"
+      mat-flat-button
+      type="submit"
+      [disabled]="!transferBalanceForm.valid"
+    >
+      <ng-container i18n>Transfer</ng-container>
+    </button>
+  </div>
+</form>
diff --git a/apps/client/src/app/pages/accounts/transfer-balance/transfer-balance-dialog.module.ts b/apps/client/src/app/pages/accounts/transfer-balance/transfer-balance-dialog.module.ts
new file mode 100644
index 000000000..5a56b5810
--- /dev/null
+++ b/apps/client/src/app/pages/accounts/transfer-balance/transfer-balance-dialog.module.ts
@@ -0,0 +1,24 @@
+import { CommonModule } from '@angular/common';
+import { NgModule } from '@angular/core';
+import { ReactiveFormsModule } from '@angular/forms';
+import { MatButtonModule } from '@angular/material/button';
+import { MatDialogModule } from '@angular/material/dialog';
+import { MatFormFieldModule } from '@angular/material/form-field';
+import { MatInputModule } from '@angular/material/input';
+import { MatSelectModule } from '@angular/material/select';
+
+import { TransferBalanceDialog } from './transfer-balance-dialog.component';
+
+@NgModule({
+  declarations: [TransferBalanceDialog],
+  imports: [
+    CommonModule,
+    MatButtonModule,
+    MatDialogModule,
+    MatFormFieldModule,
+    MatInputModule,
+    MatSelectModule,
+    ReactiveFormsModule
+  ]
+})
+export class GfTransferBalanceDialogModule {}
diff --git a/apps/client/src/app/pages/accounts/transfer-balance/transfer-balance-dialog.scss b/apps/client/src/app/pages/accounts/transfer-balance/transfer-balance-dialog.scss
new file mode 100644
index 000000000..b63df0134
--- /dev/null
+++ b/apps/client/src/app/pages/accounts/transfer-balance/transfer-balance-dialog.scss
@@ -0,0 +1,7 @@
+:host {
+  display: block;
+
+  .mat-mdc-dialog-content {
+    max-height: unset;
+  }
+}