Transferring an existing domain name entails switching the domain registrar that handles the domain name registration service, so after the transfer itself, you’ll have to manage things like renewal payments or DNS updates through the new registrar company. The transfer procedure is standard with most top-level domain name extensions. Some country-code extensions are more specific and entail different steps, but in the general case transferring a domain involves a few necessary steps and one of them is unlocking the domain. The domain lock is a safety option, which is being embraced by more and more registry organizations. It is a standard feature supported by all generic Top-Level Domains. If a domain is locked, it will not be possible to start a transfer procedure, so no one can even attempt to snatch your domain. The domain lock can be annulled only through the account where the domain name is registered in the first place and all new domain names that support this functionality are locked by default when they are registered.