diff --git a/precompiles/ibc/abi.json b/precompiles/ibc/abi.json
index f4e871a3b3..5c2809d2dc 100644
--- a/precompiles/ibc/abi.json
+++ b/precompiles/ibc/abi.json
@@ -1 +1 @@
-[{"inputs":[{"internalType":"string","name":"toAddress","type":"string"},{"internalType":"string","name":"port","type":"string"},{"internalType":"string","name":"channel","type":"string"},{"internalType":"string","name":"denom","type":"string"},{"internalType":"uint256","name":"amount","type":"uint256"},{"internalType":"uint64","name":"revisionNumber","type":"uint64"},{"internalType":"uint64","name":"revisionHeight","type":"uint64"},{"internalType":"uint64","name":"timeoutTimestamp","type":"uint64"},{"internalType":"string","name":"memo","type":"string"}],"name":"transfer","outputs":[{"internalType":"bool","name":"success","type":"bool"}],"stateMutability":"payable","type":"function"},{"inputs":[{"internalType":"string","name":"toAddress","type":"string"},{"internalType":"string","name":"port","type":"string"},{"internalType":"string","name":"channel","type":"string"},{"internalType":"string","name":"denom","type":"string"},{"internalType":"uint256","name":"amount","type":"uint256"},{"internalType":"string","name":"memo","type":"string"}],"name":"transferWithDefaultTimeout","outputs":[{"internalType":"bool","name":"success","type":"bool"}],"stateMutability":"payable","type":"function"}]
+[{"inputs":[{"internalType":"string","name":"toAddress","type":"string"},{"internalType":"string","name":"port","type":"string"},{"internalType":"string","name":"channel","type":"string"},{"internalType":"string","name":"denom","type":"string"},{"internalType":"uint256","name":"amount","type":"uint256"},{"internalType":"uint64","name":"revisionNumber","type":"uint64"},{"internalType":"uint64","name":"revisionHeight","type":"uint64"},{"internalType":"uint64","name":"timeoutTimestamp","type":"uint64"},{"internalType":"string","name":"memo","type":"string"}],"name":"transfer","outputs":[{"internalType":"bool","name":"success","type":"bool"}],"stateMutability":"nonpayable","type":"function"},{"inputs":[{"internalType":"string","name":"toAddress","type":"string"},{"internalType":"string","name":"port","type":"string"},{"internalType":"string","name":"channel","type":"string"},{"internalType":"string","name":"denom","type":"string"},{"internalType":"uint256","name":"amount","type":"uint256"},{"internalType":"string","name":"memo","type":"string"}],"name":"transferWithDefaultTimeout","outputs":[{"internalType":"bool","name":"success","type":"bool"}],"stateMutability":"nonpayable","type":"function"}]
diff --git a/precompiles/ibc/ibc.go b/precompiles/ibc/ibc.go
index a7e24d4aed..e3783717c2 100644
--- a/precompiles/ibc/ibc.go
+++ b/precompiles/ibc/ibc.go
@@ -73,6 +73,10 @@ func NewPrecompile(
 }
 
 func (p PrecompileExecutor) Execute(ctx sdk.Context, method *abi.Method, caller common.Address, callingContract common.Address, args []interface{}, value *big.Int, readOnly bool, evm *vm.EVM, suppliedGas uint64) (ret []byte, remainingGas uint64, err error) {
+	if err = pcommon.ValidateNonPayable(value); err != nil {
+		return nil, 0, err
+	}
+
 	if readOnly {
 		return nil, 0, errors.New("cannot call IBC precompile from staticcall")
 	}
diff --git a/precompiles/ibc/ibc_test.go b/precompiles/ibc/ibc_test.go
index 08a2313775..6b57112f6b 100644
--- a/precompiles/ibc/ibc_test.go
+++ b/precompiles/ibc/ibc_test.go
@@ -126,6 +126,14 @@ func TestPrecompile_Run(t *testing.T) {
 			wantErr:    true,
 			wantErrMsg: "cannot delegatecall IBC",
 		},
+		{
+			name:       "failed transfer: value is not nil",
+			fields:     fields{transferKeeper: &MockTransferKeeper{}},
+			args:       args{caller: senderEvmAddress, callingContract: common.Address{}, input: commonArgs.input, suppliedGas: 1000000, value: big.NewInt(100), isFromDelegateCall: true},
+			wantBz:     nil,
+			wantErr:    true,
+			wantErrMsg: "sending funds to a non-payable function",
+		},
 		{
 			name:   "failed transfer: empty sourcePort",
 			fields: fields{transferKeeper: &MockTransferKeeper{}},
@@ -357,6 +365,14 @@ func TestTransferWithDefaultTimeoutPrecompile_Run(t *testing.T) {
 			wantErr:    true,
 			wantErrMsg: "cannot delegatecall IBC",
 		},
+		{
+			name:       "failed transfer: value is not nil",
+			fields:     fields{transferKeeper: &MockTransferKeeper{}},
+			args:       args{caller: senderEvmAddress, callingContract: common.Address{}, input: commonArgs.input, suppliedGas: 1000000, value: big.NewInt(100), isFromDelegateCall: true},
+			wantBz:     nil,
+			wantErr:    true,
+			wantErrMsg: "sending funds to a non-payable function",
+		},
 		{
 			name:   "failed transfer: empty sourcePort",
 			fields: fields{transferKeeper: &MockTransferKeeper{}},