File Move is a new Office 365 feature, you can now move files between locations in Office 365 including personal files and shared sites–while preserving the full fidelity of version history and document metadata.

This new feature gives team members across your organization the ability to move files while preserving version history and metadata, and unlocks scenarios for file and content management. Users are prompted to accept or cancel before moving files to any location that doesn’t support a file’s custom metadata.