After a REC transfer is initiated, the system sends an electronic notification to both the Transferor and the Transferee. During this time, RECs are placed in a ‘Pending’ status and cannot be moved to another Sub-account or to another Account Holder. However, the Transferor can withdraw the transferred RECs and the Transferee can accept or reject the pending transferred RECs.
Withdraw REC Transfers in Transferor’s Account:
- Go to the Outbox module in TIGRS and check a batch and click the ‘Withdraw’ hyperlink for a specific REC transfer or check the checkboxes for multiple batches and click the ‘Withdraw Selected’ hyperlink.
- A pop-up box will appear to confirm action. To Withdraw the pending transfer, click the ‘OK’ button.
Accept REC Transfers in Transferee’s Account:
- Go to the Inbox module in TIGRS and check the specific batch and click the ‘Accept’ hyperlink for a specific REC transfer or check the checkboxes for multiple batches and click the ‘Accept Selected’ hyperlink.
- In the Certificate Transfer Confirmation page, User selects the Active Sub-Account where the RECs should be deposited and click the ‘Accept’ button.
Reject REC Transfers in Transferee’s Account:
- Go to the Inbox module in TIGRS and check the batch and click the “Reject” hyperlink for a specific REC transfer or check the checkboxes for multiple batches and click the “Reject Selected” hyperlink.
- A pop-up box will appear to confirm action. To Reject the pending transfer and transfer the RECs back to the Transferor, click the ‘OK’ button.