diff --git a/apps/token-manager/app/src/App.js b/apps/token-manager/app/src/App.js
index a04618d66e..b06c915636 100644
--- a/apps/token-manager/app/src/App.js
+++ b/apps/token-manager/app/src/App.js
@@ -37,7 +37,7 @@ class App extends React.PureComponent {
     )
     return holder ? holder.balance : new BN('0')
   }
-  handleUpdateTokens = ({ amount, holder, mode }) => {
+  handleUpdateTokens = ({ amount, holder, to, mode }) => {
     const { api } = this.props
 
     // Don't care about responses
@@ -47,6 +47,9 @@ class App extends React.PureComponent {
     if (mode === 'remove') {
       api.burn(holder, amount).toPromise()
     }
+    if (mode === 'move') {
+      api.transfer_from_to(holder, to, amount).toPromise()
+    }
 
     this.handleSidepanelClose()
   }
@@ -59,6 +62,15 @@ class App extends React.PureComponent {
       sidepanelOpened: true,
     })
   }
+  handleLaunchMoveTokensNoHolder = () => {
+    this.handleLaunchMoveTokens('')
+  }
+  handleLaunchMoveTokens = address => {
+    this.setState({
+      assignTokensConfig: {mode: 'move', holderAddress: address },
+      sidepanelOpened: true,
+    })
+  }
   handleLaunchRemoveTokens = address => {
     this.setState({
       assignTokensConfig: { mode: 'remove', holderAddress: address },
@@ -113,6 +125,7 @@ class App extends React.PureComponent {
           <React.Fragment>
             <AppHeader
               onAssignHolder={this.handleLaunchAssignTokensNoHolder}
+              onMoveFrom={this.handleLaunchMoveTokensNoHolder}
               tokenSymbol={tokenSymbol}
             />
             <Holders
diff --git a/apps/token-manager/app/src/components/AppHeader.js b/apps/token-manager/app/src/components/AppHeader.js
index 637a52b06a..6c4fd9d7a8 100644
--- a/apps/token-manager/app/src/components/AppHeader.js
+++ b/apps/token-manager/app/src/components/AppHeader.js
@@ -14,6 +14,7 @@ import {
 const AppHeader = React.memo(function AppHeader({
   tokenSymbol,
   onAssignHolder,
+  onMoveFrom,
 }) {
   const theme = useTheme()
   const { layoutName } = useLayout()
@@ -48,6 +49,7 @@ const AppHeader = React.memo(function AppHeader({
         </div>
       }
       secondary={
+        <>
         <Button
           mode="strong"
           onClick={onAssignHolder}
@@ -55,12 +57,21 @@ const AppHeader = React.memo(function AppHeader({
           icon={<IconPlus />}
           display={layoutName === 'small' ? 'icon' : 'label'}
         />
+        <Button
+          mode="strong"
+          onClick={onMoveFrom}
+          label="Move tokens"
+          icon={<IconSwap />}
+          display={layoutName === 'small' ? 'icon' : 'label'}
+        />
+        </>
       }
     />
   )
 })
 AppHeader.propTypes = {
   onAssignHolder: PropTypes.func.isRequired,
+  onMoveFrom: PropTypes.func.isRequired,
   tokenSymbol: PropTypes.string,
 }
 
diff --git a/apps/token-manager/app/src/components/UpdateTokenPanel/UpdateTokenPanel.js b/apps/token-manager/app/src/components/UpdateTokenPanel/UpdateTokenPanel.js
index 3d8a94bb3f..0db76680e4 100644
--- a/apps/token-manager/app/src/components/UpdateTokenPanel/UpdateTokenPanel.js
+++ b/apps/token-manager/app/src/components/UpdateTokenPanel/UpdateTokenPanel.js
@@ -37,7 +37,7 @@ function UpdateTokenPanel({
 }) {
   return (
     <SidePanel
-      title={mode === 'assign' ? 'Add tokens' : 'Remove tokens'}
+      title={mode === 'assign' ? 'Add tokens' : mode === 'move' ? 'Move tokens' : 'Remove tokens'}
       opened={opened}
       onClose={onClose}
       onTransitionEnd={onTransitionEnd}
@@ -72,6 +72,12 @@ function usePanelForm({
     warning: null,
   })
 
+  const [receiverField, setReceiverField] = useState({
+    error: null,
+    value: finalHolder
+    warning: null,
+  })
+
   const [amountField, setAmountField] = useState({
     error: null,
     max: '',
@@ -288,6 +294,7 @@ function TokenPanelContent({
       onUpdateTokens({
         amount: fieldsData.amount,
         holder: fieldsData.holder,
+        to: fieldsData.to,
         mode,
       })
     },
@@ -309,12 +316,16 @@ function TokenPanelContent({
       >
         {mode === 'assign'
           ? 'This action will create tokens and transfer them to the recipient below.'
+          : move === 'move'
+          ? 'This action will move tokens from the first address to the second below.'
           : 'This action will remove tokens from the account below.'}
       </Info>
       <Field
         label={
           mode === 'assign'
             ? 'Recipient (must be a valid Ethereum address)'
+            : mode === 'move'
+            ? 'Holder (must be a valid Ethereum address)'
             : 'Account (must be a valid Ethereum address)'
         }
       >
@@ -327,10 +338,24 @@ function TokenPanelContent({
         />
       </Field>
 
+      <Field
+        label= 'Receiver (must be a valid Ethereum address)'
+      >
+        <LocalIdentitiesAutoComplete
+          ref={holderAddress ? undefined : holderInputRef}
+          value={holderField.value}
+          onChange={updateHolder}
+          wide
+          required
+        />
+      </Field>
+
       <Field
         label={
           mode === 'assign'
             ? 'Number of tokens to add'
+            : mode === 'move'
+            ? 'Number of tokens to move'
             : 'Number of tokens to remove'
         }
       >
@@ -348,7 +373,7 @@ function TokenPanelContent({
       </Field>
 
       <Button mode="strong" type="submit" disabled={submitDisabled} wide>
-        {mode === 'assign' ? 'Add tokens' : 'Remove tokens'}
+        {mode === 'assign' ? 'Add tokens' : mode === 'move' ? 'Move tokens' : 'Remove tokens'}
       </Button>
 
       <div
diff --git a/apps/token-manager/arapp.json b/apps/token-manager/arapp.json
index 8c77b58938..9bedf09425 100644
--- a/apps/token-manager/arapp.json
+++ b/apps/token-manager/arapp.json
@@ -55,6 +55,15 @@
         "Token amount"
       ]
     },
+    {
+      "name": "Move tokens",
+      "id": "TRANSFER_FROM_TO_ROLE",
+      "params": [
+	"Holder",
+	"Receiver",
+	"Token amount"
+      ]
+    },
     {
       "name": "Revoke vesting",
       "id": "REVOKE_VESTINGS_ROLE",
diff --git a/apps/token-manager/contracts/TokenManager.sol b/apps/token-manager/contracts/TokenManager.sol
index f96dd51653..4ab7667adc 100644
--- a/apps/token-manager/contracts/TokenManager.sol
+++ b/apps/token-manager/contracts/TokenManager.sol
@@ -21,6 +21,7 @@ contract TokenManager is ITokenController, IForwarder, AragonApp {
     bytes32 public constant MINT_ROLE = keccak256("MINT_ROLE");
     bytes32 public constant ISSUE_ROLE = keccak256("ISSUE_ROLE");
     bytes32 public constant ASSIGN_ROLE = keccak256("ASSIGN_ROLE");
+    bytes32 public constant TRANSFER_FROM_TO_ROLE = keccak256("TRANSFER_FROM_TO_ROLE");
     bytes32 public constant REVOKE_VESTINGS_ROLE = keccak256("REVOKE_VESTINGS_ROLE");
     bytes32 public constant BURN_ROLE = keccak256("BURN_ROLE");
 
@@ -133,6 +134,16 @@ contract TokenManager is ITokenController, IForwarder, AragonApp {
         token.destroyTokens(_holder, _amount);
     }
 
+    /**
+    * @notice Transfer `@tokenAmount(self.token(): address, _amount, false)` tokens from `_holder` to `_receiver`
+    * @param _holder Holder of tokens being transferred
+    * @param _receiver The address receiving the tokens
+    * @param _amount Number of tokens transferred
+    */
+    function transfer_from_to(address _holder, address _receiver, uint256 _amount) external authP(TRANSFER_FROM_TO_ROLE, arr(_holder, _receiver, _amount)) {
+        _transfer_from_to(_holder, _receiver, _amount);
+    }
+
     /**
     * @notice Assign `@tokenAmount(self.token(): address, _amount, false)` tokens to `_receiver` from the Token Manager's holdings with a `_revokable : 'revokable' : ''` vesting starting at `@formatDate(_start)`, cliff at `@formatDate(_cliff)` (first portion of tokens transferable), and completed vesting at `@formatDate(_vested)` (all tokens transferable)
     * @param _receiver The address receiving the tokens, cannot be Token Manager itself
@@ -323,6 +334,11 @@ contract TokenManager is ITokenController, IForwarder, AragonApp {
         token.generateTokens(_receiver, _amount); // minime.generateTokens() never returns false
     }
 
+    function _transfer_from_to(address _holder, address _receiver, uint256 _amount) internal {
+	require(_isBalanceIncreaseAllowed(_holder, _receiver, _amount), ERROR_BALANCE_INCREASE_NOT_ALLOWED);
+	require(token.transferFrom(_holder, _receiver, _amount), ERROR_ASSIGN_TRANSFER_FROM_REVERTED);
+    }
+
     function _isBalanceIncreaseAllowed(address _receiver, uint256 _inc) internal view returns (bool) {
         // Max balance doesn't apply to the token manager itself
         if (_receiver == address(this)) {