What is domain transfer fee?

the term “domain transfer fee” refers to the cost associated with transferring a domain name from one domain registrar to another. A domain registrar is a company or organization that manages the registration of domain names on the Internet. When you decide to switch your domain registration from one registrar to another, you may incur a fee for the transfer process.

The specific transfer fees and policies can vary depending on the domain registrar you are transferring from and the one you are transferring to. Some registrars may charge a flat fee for domain transfers, while others may include the transfer fee as part of their domain registration or renewal services. It’s important to review the terms and conditions of both registrars involved in the transfer to understand the associated fees.

It’s worth noting that domain transfer fees are separate from the annual renewal fees typically required to maintain ownership of a domain name. These renewal fees are paid to the registrar on a recurring basis to keep the domain active.