A liquid crystal display (LCD) panel transferring system including a panel transferring apparatus that takes out and transfers a LCD panel formed at a surface of a substrate; a camera installed at the panel transferring apparatus that captures an image of the LCD panel; and a controlling unit that aligns the LCD panel with the panel transferring apparatus based on an image captured using the camera. The panel transferring apparatus includes a main body; a plurality of suction holes formed at the main body that fix an LCD panel to the main body; and a pin formed at the peripheral area of the main body that applies an impact to a dummy region to separate the LCD panel from the substrate.