diff --git a/app/BulkActions/Banking/Transfers.php b/app/BulkActions/Banking/Transfers.php
index e8b9a106a..23ad1f2a1 100644
--- a/app/BulkActions/Banking/Transfers.php
+++ b/app/BulkActions/Banking/Transfers.php
@@ -5,6 +5,7 @@ namespace App\BulkActions\Banking;
 use App\Abstracts\BulkAction;
 use App\Jobs\Banking\DeleteTransfer;
 use App\Models\Banking\Transfer;
+use App\Exports\Banking\Transfers as Export;
 
 class Transfers extends BulkAction
 {
@@ -16,6 +17,11 @@ class Transfers extends BulkAction
             'message' => 'bulk_actions.message.delete',
             'permission' => 'delete-banking-transfers',
         ],
+        'export' => [
+            'name' => 'general.export',
+            'message' => 'bulk_actions.message.export',
+            'type' => 'download',
+        ],
     ];
 
     public function destroy($request)
@@ -30,4 +36,11 @@ class Transfers extends BulkAction
             }
         }
     }
+
+    public function export($request)
+    {
+        $selected = $this->getSelectedInput($request);
+
+        return \Excel::download(new Export($selected), \Str::filename(trans_choice('general.transfers', 2)) . '.xlsx');
+    }
 }
diff --git a/app/Exports/Banking/Transfers.php b/app/Exports/Banking/Transfers.php
new file mode 100644
index 000000000..70c250fdb
--- /dev/null
+++ b/app/Exports/Banking/Transfers.php
@@ -0,0 +1,60 @@
+<?php
+
+namespace App\Exports\Banking;
+
+use App\Abstracts\Export;
+use App\Models\Banking\Transfer as Model;
+use App\Utilities\Date;
+
+class Transfers extends Export
+{
+    public function collection()
+    {
+        $model = Model::with(
+            'expense_transaction',
+            'expense_transaction.account',
+            'income_transaction',
+            'income_transaction.account'
+        )->usingSearchString(request('search'));
+
+        if (!empty($this->ids)) {
+            $model->whereIn('id', (array) $this->ids);
+        }
+
+        return $model->cursor();
+    }
+
+    public function map($model): array
+    {
+        $model->transferred_at = Date::parse($model->expense_transaction->paid_at)->format('Y-m-d');
+        $model->amount = $model->expense_transaction->amount;
+        $model->from_account_name = $model->expense_transaction->account->name;
+        $model->from_currency_code = $model->expense_transaction->currency_code;
+        $model->from_currency_rate = $model->expense_transaction->currency_rate;
+        $model->to_account_name = $model->income_transaction->account->name;
+        $model->to_currency_code = $model->income_transaction->currency_code;
+        $model->to_currency_rate = $model->income_transaction->currency_rate;
+        $model->description = $model->income_transaction->description;
+        $model->payment_method = $model->income_transaction->payment_method;
+        $model->reference = $model->income_transaction->reference;
+
+        return parent::map($model);
+    }
+
+    public function fields(): array
+    {
+        return [
+            'transferred_at',
+            'amount',
+            'from_currency_code',
+            'from_currency_rate',
+            'from_account_name',
+            'to_currency_code',
+            'to_currency_rate',
+            'to_account_name',
+            'description',
+            'payment_method',
+            'reference',
+        ];
+    }
+}
diff --git a/app/Http/Controllers/Banking/Transfers.php b/app/Http/Controllers/Banking/Transfers.php
index 58cc85b32..64e7b7a71 100644
--- a/app/Http/Controllers/Banking/Transfers.php
+++ b/app/Http/Controllers/Banking/Transfers.php
@@ -4,6 +4,9 @@ namespace App\Http\Controllers\Banking;
 
 use App\Abstracts\Http\Controller;
 use App\Http\Requests\Banking\Transfer as Request;
+use App\Exports\Banking\Transfers as Export;
+use App\Http\Requests\Common\Import as ImportRequest;
+use App\Imports\Banking\Transfers as Import;
 use App\Jobs\Banking\CreateTransfer;
 use App\Jobs\Banking\UpdateTransfer;
 use App\Jobs\Banking\DeleteTransfer;
@@ -218,4 +221,32 @@ class Transfers extends Controller
 
         return response()->json($response);
     }
+
+    /**
+     * Import the specified resource.
+     *
+     * @param  ImportRequest  $request
+     *
+     * @return Response
+     */
+    public function import(ImportRequest $request)
+    {
+        \Excel::import(new Import(), $request->file('import'));
+
+        $message = trans('messages.success.imported', ['type' => trans_choice('general.transfers', 2)]);
+
+        flash($message)->success();
+
+        return redirect()->route('transfers.index');
+    }
+
+    /**
+     * Export the specified resource.
+     *
+     * @return Response
+     */
+    public function export()
+    {
+        return \Excel::download(new Export(), \Str::filename(trans_choice('general.transfers', 2)) . '.xlsx');
+    }
 }
diff --git a/app/Imports/Banking/Transfers.php b/app/Imports/Banking/Transfers.php
new file mode 100644
index 000000000..f298076f2
--- /dev/null
+++ b/app/Imports/Banking/Transfers.php
@@ -0,0 +1,118 @@
+<?php
+
+namespace App\Imports\Banking;
+
+use App\Abstracts\Import;
+use App\Models\Banking\Transaction;
+use App\Models\Banking\Transfer as Model;
+use App\Models\Setting\Category;
+use App\Traits\Currencies;
+
+class Transfers extends Import
+{
+    use Currencies;
+
+    public function model(array $row)
+    {
+        return new Model($row);
+    }
+
+    public function map($row): array
+    {
+        $row = parent::map($row);
+
+        $row['from_account_id'] = $this->getFromAccountId($row);
+        $row['to_account_id'] = $this->getToAccountId($row);
+        $row['expense_transaction_id'] = $this->getExpenseTransactionId($row);
+        $row['income_transaction_id'] = $this->getIncomeTransactionId($row);
+
+        return $row;
+    }
+
+    public function rules(): array
+    {
+        return [
+            'from_account_id' => 'required|integer',
+            'from_currency_code' => 'required|string|currency',
+            'from_currency_rate' => 'required',
+            'to_account_id' => 'required|integer',
+            'to_currency_code' => 'required|string|currency',
+            'to_currency_rate' => 'required',
+            'amount' => 'required|amount',
+            'transferred_at' => 'required|date_format:Y-m-d',
+            'payment_method' => 'required|string',
+        ];
+    }
+
+    private function getExpenseTransactionId($row)
+    {
+        $expense_transaction = Transaction::create([
+           'company_id'     => session('company_id'),
+           'type'           => 'expense',
+           'account_id'     => $row['from_account_id'],
+           'paid_at'        => $row['transferred_at'],
+           'currency_code'  => $row['from_currency_code'],
+           'currency_rate'  => $row['from_currency_rate'],
+           'amount'         => $row['amount'],
+           'contact_id'     => 0,
+           'description'    => $row['description'],
+           'category_id'    => Category::transfer(), // Transfer Category ID
+           'payment_method' => $row['payment_method'],
+           'reference'      => $row['reference'],
+       ]);
+
+        return $expense_transaction->id;
+    }
+
+    private function getIncomeTransactionId($row)
+    {
+        $amount = $row['amount'];
+        // Convert amount if not same currency
+        if ($row['from_currency_code'] !== $row['to_currency_code']) {
+            $amount = $this->convertBetween(
+                $amount,
+                $row['from_currency_code'],
+                $row['from_currency_rate'],
+                $row['to_currency_code'],
+                $row['to_currency_rate']
+            );
+        }
+
+        $income_transaction = Transaction::create([
+          'company_id' => session('company_id'),
+          'type' => 'income',
+          'account_id' => $row['to_account_id'],
+          'paid_at' => $row['transferred_at'],
+          'currency_code' => $row['to_currency_code'],
+          'currency_rate' => $row['to_currency_rate'],
+          'amount' => $amount,
+          'contact_id' => 0,
+          'description' => $row['description'],
+          'category_id' => Category::transfer(), // Transfer Category ID
+          'payment_method' => $row['payment_method'],
+          'reference' => $row['reference'],
+      ]);
+
+        return $income_transaction->id;
+    }
+
+    private function getFromAccountId($row)
+    {
+        $row['account_id'] = $row['from_account_id'] ?? null;
+        $row['account_name'] = $row['from_account_name'] ?? null;
+        $row['account_number'] = $row['from_account_number'] ?? null;
+        $row['currency_code'] = $row['from_currency_code'] ?? null;
+
+        return $this->getAccountId($row);
+    }
+
+    private function getToAccountId($row)
+    {
+        $row['account_id'] = $row['to_account_id'] ?? null;
+        $row['account_name'] = $row['to_account_name'] ?? null;
+        $row['account_number'] = $row['to_account_number'] ?? null;
+        $row['currency_code'] = $row['to_currency_code'] ?? null;
+
+        return $this->getAccountId($row);
+    }
+}
diff --git a/public/files/import/transfers.xlsx b/public/files/import/transfers.xlsx
new file mode 100644
index 000000000..2ed56ab8f
Binary files /dev/null and b/public/files/import/transfers.xlsx differ
diff --git a/resources/views/banking/transfers/index.blade.php b/resources/views/banking/transfers/index.blade.php
index 85a461b28..12619eda1 100644
--- a/resources/views/banking/transfers/index.blade.php
+++ b/resources/views/banking/transfers/index.blade.php
@@ -2,11 +2,13 @@
 
 @section('title', trans_choice('general.transfers', 2))
 
-@permission('create-banking-transfers')
-    @section('new_button')
-        <a href="{{ route('transfers.create') }}" class="btn btn-success btn-sm">{{ trans('general.add_new') }}</a>
-    @endsection
-@endpermission
+@section('new_button')
+    @permission('create-banking-transfers')
+            <a href="{{ route('transfers.create') }}" class="btn btn-success btn-sm header-button-top"><span class="fa fa-plus"></span> &nbsp;{{ trans('general.add_new') }}</a>
+    @endpermission
+    <span><a href="{{ route('import.create', ['banking', 'transfers']) }}" class="btn btn-white btn-sm header-button-top"><span class="fa fa-upload "></span> &nbsp;{{ trans('import.import') }}</a></span>
+    <span><a href="{{ route('transfers.export', request()->input()) }}" class="btn btn-white btn-sm header-button-top"><span class="fa fa-download"></span> &nbsp;{{ trans('general.export') }}</a></span>
+@endsection
 
 @section('content')
     @if ($transfers->count())
diff --git a/routes/admin.php b/routes/admin.php
index 37b221147..ee2ea519c 100644
--- a/routes/admin.php
+++ b/routes/admin.php
@@ -134,6 +134,8 @@ Route::group(['prefix' => 'banking'], function () {
     Route::get('transactions/export', 'Banking\Transactions@export')->name('transactions.export');
     Route::resource('transactions', 'Banking\Transactions');
 
+    Route::post('transfers/import', 'Banking\Transfers@import')->name('transfers.import');
+    Route::get('transfers/export', 'Banking\Transfers@export')->name('transfers.export');
     Route::resource('transfers', 'Banking\Transfers', ['middleware' => ['date.format', 'money']]);
 
     Route::post('reconciliations/calculate', 'Banking\Reconciliations@calculate')->middleware(['money']);
diff --git a/tests/Feature/Banking/TransfersTest.php b/tests/Feature/Banking/TransfersTest.php
index ba3b31d00..5b8f17ff6 100644
--- a/tests/Feature/Banking/TransfersTest.php
+++ b/tests/Feature/Banking/TransfersTest.php
@@ -2,9 +2,13 @@
 
 namespace Tests\Feature\Banking;
 
-use App\Models\Banking\Account;
-use Tests\Feature\FeatureTestCase;
+use App\Exports\Banking\Transfers as Export;
 use App\Jobs\Banking\CreateTransfer;
+use App\Models\Banking\Account;
+use App\Models\Banking\Transfer;
+use Illuminate\Http\UploadedFile;
+use Illuminate\Support\Facades\File;
+use Tests\Feature\FeatureTestCase;
 
 class TransfersTest extends FeatureTestCase
 {
@@ -69,6 +73,69 @@ class TransfersTest extends FeatureTestCase
         $this->assertFlashLevel('success');
     }
 
+    public function testItShouldExportTransfers()
+    {
+        $count = 5;
+        factory(Transfer::class, $count)->create();
+
+        \Excel::fake();
+
+        $this->loginAs()
+             ->get(route('transfers.export'))
+             ->assertStatus(200);
+
+        \Excel::assertDownloaded(
+            \Str::filename(trans_choice('general.transfers', 2)) . '.xlsx',
+            function (Export $export) use ($count) {
+                // Assert that the correct export is downloaded.
+                return $export->collection()->count() === $count;
+            }
+        );
+    }
+
+    public function testItShouldExportSelectedTransfers()
+    {
+        $count = 5;
+        $transfers = factory(Transfer::class, $count)->create();
+
+        \Excel::fake();
+
+        $this->loginAs()
+             ->post(
+                 route('bulk-actions.action', ['group' => 'banking', 'type' => 'transfers']),
+                 ['handle' => 'export', 'selected' => [$transfers->random()->id]]
+             )
+            ->assertStatus(200);
+
+        \Excel::assertDownloaded(
+            \Str::filename(trans_choice('general.transfers', 2)) . '.xlsx',
+            function (Export $export) {
+                return $export->collection()->count() === 1;
+            }
+        );
+    }
+
+    public function testItShouldImportTransfers()
+    {
+        \Excel::fake();
+
+        $this->loginAs()
+             ->post(
+                 route('transfers.import'),
+                 [
+                     'import' => UploadedFile::fake()->createWithContent(
+                         'transfers.xlsx',
+                         File::get(public_path('files/import/transfers.xlsx'))
+                     ),
+                 ]
+             )
+             ->assertStatus(302);
+
+        \Excel::assertImported('transfers.xlsx');
+
+        $this->assertFlashLevel('success');
+    }
+
     public function getRequest()
     {
         $from_account = factory(Account::class)->states('enabled', 'default_currency')->create();