The registrant should first obtain a "domain transfer password" from his current registrar. With this "domain transfer password", the registrant can then approach the new registrar (winning registrar) to effect the transfer. The winning registrar will then submit a ‘transfer of registrar’ request to SGNIC.
Although the current registrar (losing registrar) may require any outstanding payments to be made before the domain name is transferred, it should not prevent the transfer from taking place. The current registrar (losing registrar) may explicitly approve or reject the transfer request. If the current registrar chooses to do nothing, the transfer process will be approved by SGNIC after 7 days from the date of the transfer request.
SGNIC will then inform the two registrars whether the transfer request has been approved.