Transferring an existing domain name involves switching the registrar company that handles the domain registration service, so after the transfer itself, you will have to manage things like renewal fees or DNS modifications through the new company. The transfer process itself is standard with most universal and country-specific TLD extensions. Certain country-code extensions are more specific and involve different steps, but in the general case transferring a domain entails a few basic procedures and one of them is unlocking the domain. The lock is a security option, which is being adopted by more and more registry organizations. It’s a standard feature supported by all gTLDs. If a domain name is locked, it will not be possible to start a transfer procedure, so no one can even attempt to snatch your domain name. The domain lock can be removed only through the account where the domain is registered in the first place and all new domain names that support this feature are locked by default when they are registered.