The technical problem to be solved by this invention is to eliminate the release layer from the transfer film. The object of this invention is to provide a transfer film that can be applied stably to the transfer process without any trouble. The transfer film of this invention comprises a substrate to be peeled off during the transfer process and a transferred layer to be transferred to an article to be decorated, both of which are laminated directly to each other in a peelable manner by an extrusion laminating process without requiring any release layer.