Other registrar reviews transfer request and confirmation. We review the transfer request. Other registrar transfers domain. Customer gets nervous. Customer looks up domain in whois to make double-sure that domain has been transferred.
Customer shreds bill with relief, and with feelings of disgust at other registrar.
The only cost involved is a renewal of one registration-year. This renewal is added on to whatever time remains on the current registration, so no time is forfeited. Initiation of a transfer order constitutes acceptance of these terms. If this occurs, we will re-initiate the transfer for you, as it usually goes through on the second attempt.