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In this video tutorial, we'll guide you through the process of creating and managing transfer pledges for apprenticeship funds. Employers who pay the apprenticeship levy can transfer up to 25% of their annual funds to other employers since 2019. Transferred funds cover training and assessment costs for the apprenticeship program and must span the full duration of the apprenticeship. Levy-paying employers can initiate transfers through their apprenticeship service account's finances section by accessing the "your transfers" tab.