When transfering a VM using vCC, it packages it up on the source side into an OVF file and stores it on the local vCC node, then transfers it off to the destination vCC node. Once there, vCD imports the OVF package from the destination vCC node.
VCDX #104 (DCV, NV) ஃ WahlNetwork.com ஃ @ChrisWahl ஃ Author, Networking for VMware Administrators