Hi @Thomas Waschkies
Thank you for posting your question in the Q&A Forum.
I understand how this can be confusing during a certificate migration. As a forum moderator, I’m here to offer guidance and point you toward reliable resources. While I don’t have access to perform operations on your system, I can share some information that may help you understand the situation and the typical steps used in similar scenarios.
Each Exchange server manages its own certificates independently. That means a certificate bound to SMTP on your old server does not prevent you from enabling a new certificate for SMTP on your new server. However, Exchange only allows one certificate per server to be enabled for SMTP at a time.
If SMTP doesn’t appear when enabling your new certificate, it usually means another certificate on the same server (often the default self-signed one) is already holding the binding, or that the certificate’s private key permissions or properties need to be reviewed. In many cases, administrators first review which certificate currently holds the SMTP binding and then reassigns that role to the new public certificate.
The migration steps you outlined, importing and enabling the new certificate, assigning it to the required services including SMTP, updating Send/Receive connectors, and retiring the old certificate once everything is verified are consistent with Microsoft’s recommended approach.
For step‑by‑step guidance and best practices, Microsoft provides helpful documentation:
Please note this is general guidance based on Microsoft documentation. If the issue continues, your IT team or Microsoft Support may be able to provide further assistance.
I hope this explanation clarifies why the issue occurs and gives you a clear path forward.
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