Certificates transfer or a voluntary cancellations

Last updated 2 May 2024

In the BidCarbon marketplace, you can withdraw your CDRCs, transfer CDRCs to a buyer or seller, or withdraw your transfer.

Once you have bought or sold an CDRC, you have to:

● accept the transferred certificate from the seller (buying)

● transfer the certificate to the buyer (selling).

Certificates transfer or a voluntary cancellations

Transferring a certificate to the buyer

● Select the ‘CDR Exchange’ menu heading

● Select the 'certificates transfer' menu item

● Select the 'transfer certificates' button

● In the 'filter certificates' section, select 'Account holder' as the 'your account name'

● Select the 'filter' button

● Enter or select the certificate serial number as 'Pending CDR Exchange Sale' status.

● Search or type in the buyer's account name

● Upload the auction agreement

● You can add a note for the buyer if you wish

● Select the 'transfer certificates' butto. You should receive a confirmation message

Accepting a transfer from the seller

● Log in to your BUC Registry account

● Select the ‘CDR Exchange’ menu heading

● Select the 'certificates and transfer' menu item

● Select the incoming transfer, select 'accept selected transfer(s)'

● Select 'accept' to confirm. You should receive a confirmation message

Transfer CDRCs (buying and selling)

View CDRCs awaiting transfer

1. Log in to your BUC Registry account

2. Select the ‘CDR Exchange’ menu heading

3. Select the 'certificate transfer' menu item

4. In the 'search certificate transfers' section, enter the transferor's account name

5. Select the 'search' button

STCs awaiting transfer will display in the 'certificate transfers found' section.

Withdraw CDRC transfers

1. Log in to your BUC Registry account

2. Select the ‘CDR Exchange’ menu heading

3. Select the 'certificate transfer' menu item

4. Select 'outgoing' as the transfer type in 'search certificate transfers' section

5. Select 'search'

6. 'Certificate transfers found' will show CDRCs awaiting transfer

7. Select the checkbox next to 'transfer ID'

8. Select the 'withdraw selected transfer' button

9.     You can add a note for the buyer if you wish

10. Confirm the transfer by selecting 'withdraw'

11.  Pending approval by the CDR Exchange ‘auction’ team.

You'll be redirected back to the certificate transfers page and a confirmation message will display.

You can't withdraw a transfer if the buyer has already accepted.

Transaction types in BUC Registry

The BUC Registry handles transactions of units and certificates. Accounts have different permissions. This ensures that different types of account holders have appropriate access and control. It also helps to maintain security and operational efficiency.