The present invention discloses a terminal for transferring video, comprising an audio-video splitting/assembling unit for assembling locally acquired video stream and audio stream, or splitting an audio-video assembly sent from a counter-terminal into video stream and audio stream; a device discovering unit responsible for searching for a first device with video capturing and displaying functions; wherein the audio-video splitting/assembling unit is adapted to receive a video stream of images captured by the first device after the device discovering unit has found the first device, and then to use the video stream for the local audio-video assembly, or the audio-video splitting/assembling unit is adapted to send the split video stream to the first device for video display. Obviously, since the counter-party's picture is transferred to the first device with a larger screen, the display effect is improved, and it is possible to bring the user a better visual experience without the limitation of the size of the video terminal screen. The present invention further provides a method for transferring video.