Scenario: Party A calls party B (could be IVR or human). Party B wants to transfer to Party C.
Consult Transfer: Party B initiates the transfer but monitors for Party B to answer before completing the transfer and hanging up. after that, Party A and C continue on the call alone.
Bridge Transfer: Party B initiates the transfer but monitors for Party B to answer before completing the transfer but it stays on the call in suspended
mode. When Party C hangs up, Party B re-engages with Party A. Think of IVR application (i.e. party B) taking the call back to a Customer Survey application after finishing the call with the Agent (i.e. party C).
Blind Transfer: Party B transfers the call to Party C and doesnt care whether or not party C answers, available or hangs up the call.
check this page which provides a good explanation:
https://www.devconnectprogram.com/forums/posts/list/17727.page