A method and system for transferring data between two slave devices. A system includes a master device and first and second slave devices coupled to the master device by a peripheral bus. The master device is configured to configure the first slave device as a source for a read operation, configure the second slave device as a target for a write operation, provide a clock signal to both the first slave device and the second slave device, and initiate a read operation of the first slave device. Initiation of the read operation causes the first slave device to provide data onto the peripheral bus. Responsive to the master device initiating the read operation, the second slave device receives the data provided on the peripheral bus by the first slave device. The master device is configured to ignore the data provided on the peripheral bus by the first slave device.