A domain transfer occurs when a person has a domain name registered with a certain domain registrar and decided to move the domain somewhere else, for example if you have a domain with Namecheap and you would like to have that domain listed in another .com domain registration site, you would have to do a domain transfer.
Domain transfers are usually not free, there is a transfer fee involved that usually costs from $9-$20 dollars depending on the registrar. To do a domain transfer you will need an account with both companies and it will be done under your control panel, if you request a domain transfer a security code will be generated after you pay the transfer fees and then the receiving company will accept your domain name and it will show in the other account.
