I had received a reminder to renew my domain. Even though that will be few months later, I wish to renew it now so that I will have no hassle later.

The price quoted for the domain renewal is US10.17 per year. I managed to contact my friend and she recommended to transfer my domain with cheaper price (USD7.49 + 0.18 per domain without privacy registration).

I took her advice and renew it for more than one year to enjoy the cheaper rate. To give myself a record of the domain transfer process so that I can refer in the future, these are the steps I came across:-

First,
1. Order and pay the cost of transfer with new service provider/registrar.
2. Under the Pending Transfers section, the domain status is pending to transfer.

Next,
1. Go to existing service provider (old registrar).
2. Under the domain manager – Select the domain name that wish to transfer ie. The domain I paid just now. (This domain’s expiry date was shown and the status is active.)
3. Unlock the domain. (Locking prevents unauthorized domain changes, including transfer to another registrar.)
4. Then, update all contact info.

(This is the step I missed and I stuck in the middle. Special thanks to msau for her kindness helping hands.)
5. After contact details – name, phone, email address and etc. are updated, then only go to get the authorized code for the transfer.
6. The authorization code will send to the latest/updated email address.

(Because I had not updated my contact info in the earlier stage, so I can not received any authorization code email in my mailbox…)

7. Now, I get my 1st transfer domain authorization code from the old registrar.

Then,
1. Go back to the new registrar account
2. Reinitiate or resend email to get the transfer acknowledgement from new registrar.
3. Check email again.
4. Here is my 2nd set of authorization code: – (This is from the new registrar)

In the process of authorizing this transfer, you will be prompted to provide the Transaction ID and Security Code:

Transaction ID: 86938452
Security Code: QIYL85653
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

Once a transfer takes place, you will not be able to transfer to another registrar for 60 days, apart from a transfer back to the original registrar, in cases where both registrars so agree or where a decision in the dispute resolution process so directs.

So, the next steps: -
1. Go to new registrar, select the authorization and begin to transfer by fill up the transaction ID & Security Code as shown in the email received just now. (The 2nd set of authorization code).
2. The system will then ask to fill in the domain transfer authorization code from the old registrar. (Here is the place to enter the 1st transfer domain authorization code from the old registrar).

Wait! This is not the end of the process!

The next importance steps:-
1. Go back to old registrar.
2. Domain status shown: Transfer Away Accept/Decline Required
3. Select accept/decline under the domain in the pending transfer section.

Finally,
1. The transferred domain is no longer shown in your existing registrar account.
2. Status shown in new registrar: Active

Domain transfer successfully done!