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.
The current registrar (losing registrar) may require any outstanding payments to be made before the domain name is transferred. The current registrar (losing registrar) may also explicitly approve or reject the transfer request. If the current registrar does not do so, the transfer process will be approved by SGNIC after 7 days from the date of the transfer request