And, technically, transferring for funds is not something that is supposed to happen, so when you call to do it, it might help not to mention that. I have transferred a few times and it is pretty easy. All I did was get the member number and name of the person who was getting the points, called and did it with the CM over the phone. Once done, I contacted the other member and then they called to verify the points were there.
If you get points into your account and they are the same UY and home resort to what you own, you will actually see them in your account, which means you can use them online to book. If they are not, then they can only be used for reservations that are made through MS by phone.