It is technically transferable, however there is currently no secondary market for the Bonds. If you want to sell your Bond allocation, and you find someone who wants to buy it, Heritage Crowd will facilitate this for an agreed fee as set out in the Charges section of the relevant Bond Offer Document. You may have to sell it for less than what you paid for it. Please refer to the Terms on the website for more details. You may redeem your Bond at any time, subject to the relevant notice period being given.