diff --git a/packages/bcp/src/cosmwasmcodec.ts b/packages/bcp/src/cosmwasmcodec.ts
index d2964397..584ea5e7 100644
--- a/packages/bcp/src/cosmwasmcodec.ts
+++ b/packages/bcp/src/cosmwasmcodec.ts
@@ -81,7 +81,7 @@ export class CosmWasmCodec implements TxCodec {
       throw new Error("Nonce is required");
     }
     const parsed = unmarshalTx(bytes);
-    return parseSignedTx(parsed, chainId, nonce, this.bankTokens);
+    return parseSignedTx(parsed, chainId, nonce, this.bankTokens, this.erc20Tokens);
   }
 
   public identityToAddress(identity: Identity): Address {
diff --git a/packages/bcp/src/cosmwasmconnection.spec.ts b/packages/bcp/src/cosmwasmconnection.spec.ts
index 2301b7fb..a5505e0e 100644
--- a/packages/bcp/src/cosmwasmconnection.spec.ts
+++ b/packages/bcp/src/cosmwasmconnection.spec.ts
@@ -49,6 +49,7 @@ const faucet = {
 
 describe("CosmWasmConnection", () => {
   const cosm = "COSM" as TokenTicker;
+  const bash = "BASH" as TokenTicker;
   const httpUrl = "http://localhost:1317";
   const defaultChainId = "cosmos:testing" as ChainId;
   const defaultEmptyAddress = "cosmos1h806c7khnvmjlywdrkdgk2vrayy2mmvf9rxk2r" as Address;
@@ -267,7 +268,7 @@ describe("CosmWasmConnection", () => {
   });
 
   describe("getTx", () => {
-    it("can get a recently posted transaction", async () => {
+    it("can get a recently posted bank send transaction", async () => {
       pendingWithoutWasmd();
       const connection = await CosmWasmConnection.establish(httpUrl, defaultPrefix, defaultConfig);
       const profile = new UserProfile();
@@ -318,6 +319,56 @@ describe("CosmWasmConnection", () => {
       connection.disconnect();
     });
 
+    it("can get a recently posted ERC20 send transaction", async () => {
+      pendingWithoutWasmd();
+      const connection = await CosmWasmConnection.establish(httpUrl, defaultPrefix, defaultConfig);
+      const profile = new UserProfile();
+      const wallet = profile.addWallet(Secp256k1HdWallet.fromMnemonic(faucet.mnemonic));
+      const senderIdentity = await profile.createIdentity(wallet.id, defaultChainId, faucet.path);
+      const senderAddress = connection.codec.identityToAddress(senderIdentity);
+
+      const unsigned = await connection.withDefaultFee<SendTransaction>({
+        kind: "bcp/send",
+        chainId: defaultChainId,
+        sender: senderAddress,
+        recipient: defaultRecipient,
+        memo: "An ERC20 payment",
+        amount: {
+          quantity: "345",
+          fractionalDigits: 0,
+          tokenTicker: bash,
+        },
+      });
+      const nonce = await connection.getNonce({ address: senderAddress });
+      const signed = await profile.signTransaction(senderIdentity, unsigned, connection.codec, nonce);
+      const postableBytes = connection.codec.bytesToPost(signed);
+      const response = await connection.postTx(postableBytes);
+      const { transactionId } = response;
+      await response.blockInfo.waitFor(info => isBlockInfoSucceeded(info));
+
+      const getResponse = await connection.getTx(transactionId);
+      expect(getResponse.transactionId).toEqual(transactionId);
+      assert(isConfirmedTransaction(getResponse), "Expected transaction to succeed");
+      assert(getResponse.log, "Log must be available");
+      const [firstLog] = JSON.parse(getResponse.log);
+      expect(firstLog.events.length).toEqual(1);
+
+      const { transaction, signatures } = getResponse;
+      assert(isSendTransaction(transaction), "Expected send transaction");
+      expect(transaction).toEqual(unsigned);
+      expect(signatures.length).toEqual(1);
+      expect(signatures[0]).toEqual({
+        nonce: signed.signatures[0].nonce,
+        pubkey: {
+          algo: signed.signatures[0].pubkey.algo,
+          data: Secp256k1.compressPubkey(signed.signatures[0].pubkey.data),
+        },
+        signature: Secp256k1.trimRecoveryByte(signed.signatures[0].signature),
+      });
+
+      connection.disconnect();
+    });
+
     it("can get an old transaction", async () => {
       pendingWithoutWasmd();
       const connection = await CosmWasmConnection.establish(httpUrl, defaultPrefix, defaultConfig);
diff --git a/packages/bcp/src/cosmwasmconnection.ts b/packages/bcp/src/cosmwasmconnection.ts
index 07c6e391..6a659c6a 100644
--- a/packages/bcp/src/cosmwasmconnection.ts
+++ b/packages/bcp/src/cosmwasmconnection.ts
@@ -348,7 +348,13 @@ export class CosmWasmConnection implements BlockchainConnection {
   private parseAndPopulateTxResponseUnsigned(
     response: TxsResponse,
   ): ConfirmedTransaction<UnsignedTransaction> | FailedTransaction {
-    return parseTxsResponseUnsigned(this.chainId, parseInt(response.height, 10), response, this.bankTokens);
+    return parseTxsResponseUnsigned(
+      this.chainId,
+      parseInt(response.height, 10),
+      response,
+      this.bankTokens,
+      this.erc20Tokens,
+    );
   }
 
   private async parseAndPopulateTxResponseSigned(
@@ -387,6 +393,7 @@ export class CosmWasmConnection implements BlockchainConnection {
       nonce,
       response,
       this.bankTokens,
+      this.erc20Tokens,
     );
   }
 }
diff --git a/packages/bcp/src/decode.spec.ts b/packages/bcp/src/decode.spec.ts
index dde064c6..cdfa1129 100644
--- a/packages/bcp/src/decode.spec.ts
+++ b/packages/bcp/src/decode.spec.ts
@@ -1,7 +1,8 @@
 /* eslint-disable @typescript-eslint/camelcase */
 import { types } from "@cosmwasm/sdk";
-import { Address, Algorithm, SendTransaction, TokenTicker } from "@iov/bcp";
+import { Address, Algorithm, isSendTransaction, SendTransaction, TokenTicker } from "@iov/bcp";
 import { Encoding } from "@iov/encoding";
+import { assert } from "@iov/utils";
 
 import {
   decodeAmount,
@@ -17,7 +18,7 @@ import {
 } from "./decode";
 import * as testdata from "./testdata.spec";
 import cosmoshub from "./testdata/cosmoshub.json";
-import { BankTokens } from "./types";
+import { BankTokens, Erc20Token } from "./types";
 
 const { fromBase64, fromHex } = Encoding;
 
@@ -63,6 +64,23 @@ describe("decode", () => {
       denom: "uatom",
     },
   ];
+  const defaultErc20Tokens: Erc20Token[] = [
+    {
+      contractAddress: "cosmos18vd8fpwxzck93qlwghaj6arh4p7c5n89uzcee5",
+      fractionalDigits: 5,
+      ticker: "ASH",
+    },
+    {
+      contractAddress: "cosmos1hqrdl6wstt8qzshwc6mrumpjk9338k0lr4dqxd",
+      fractionalDigits: 0,
+      ticker: "BASH",
+    },
+    {
+      contractAddress: "cosmos18r5szma8hm93pvx6lwpjwyxruw27e0k5uw835c",
+      fractionalDigits: 18,
+      ticker: "CASH",
+    },
+  ];
 
   describe("decodePubkey", () => {
     it("works for secp256k1", () => {
@@ -126,7 +144,7 @@ describe("decode", () => {
   });
 
   describe("parseMsg", () => {
-    it("works", () => {
+    it("works for bank send transaction", () => {
       const msg: types.Msg = {
         type: "cosmos-sdk/MsgSend",
         value: {
@@ -140,7 +158,40 @@ describe("decode", () => {
           ],
         },
       };
-      expect(parseMsg(msg, defaultMemo, testdata.chainId, defaultTokens)).toEqual(defaultSendTransaction);
+      expect(parseMsg(msg, defaultMemo, testdata.chainId, defaultTokens, defaultErc20Tokens)).toEqual(
+        defaultSendTransaction,
+      );
+    });
+
+    it("works for ERC20 send transaction", () => {
+      const msg: types.MsgExecuteContract = {
+        type: "wasm/execute",
+        value: {
+          sender: "cosmos1h806c7khnvmjlywdrkdgk2vrayy2mmvf9rxk2r",
+          contract: defaultErc20Tokens[0].contractAddress,
+          msg: {
+            transfer: {
+              amount: "887878484",
+              recipient: "cosmos1z7g5w84ynmjyg0kqpahdjqpj7yq34v3suckp0e",
+            },
+          },
+          sent_funds: [],
+        },
+      };
+      const transaction = parseMsg(msg, defaultMemo, testdata.chainId, defaultTokens, defaultErc20Tokens);
+      assert(isSendTransaction(transaction));
+      expect(transaction).toEqual({
+        kind: "bcp/send",
+        chainId: testdata.chainId,
+        sender: "cosmos1h806c7khnvmjlywdrkdgk2vrayy2mmvf9rxk2r" as Address,
+        recipient: "cosmos1z7g5w84ynmjyg0kqpahdjqpj7yq34v3suckp0e" as Address,
+        amount: {
+          quantity: "887878484",
+          tokenTicker: "ASH" as TokenTicker,
+          fractionalDigits: 5,
+        },
+        memo: defaultMemo,
+      });
     });
   });
 
@@ -160,18 +211,70 @@ describe("decode", () => {
   });
 
   describe("parseUnsignedTx", () => {
-    it("works", () => {
-      expect(parseUnsignedTx(cosmoshub.tx.value, testdata.chainId, defaultTokens)).toEqual(
-        testdata.sendTxJson,
-      );
+    it("works for bank send transaction", () => {
+      expect(
+        parseUnsignedTx(cosmoshub.tx.value, testdata.chainId, defaultTokens, defaultErc20Tokens),
+      ).toEqual(testdata.sendTxJson);
+    });
+
+    it("works for ERC20 send transaction", () => {
+      const msg: types.MsgExecuteContract = {
+        type: "wasm/execute",
+        value: {
+          sender: "cosmos1h806c7khnvmjlywdrkdgk2vrayy2mmvf9rxk2r",
+          contract: defaultErc20Tokens[0].contractAddress,
+          msg: {
+            transfer: {
+              amount: "887878484",
+              recipient: "cosmos1z7g5w84ynmjyg0kqpahdjqpj7yq34v3suckp0e",
+            },
+          },
+          sent_funds: [],
+        },
+      };
+      const tx: types.StdTx = {
+        msg: [msg],
+        memo: defaultMemo,
+        fee: {
+          amount: [
+            {
+              denom: "uatom",
+              amount: "5000",
+            },
+          ],
+          gas: "200000",
+        },
+        signatures: [],
+      };
+      const unsigned = parseUnsignedTx(tx, testdata.chainId, defaultTokens, defaultErc20Tokens);
+      assert(isSendTransaction(unsigned));
+      expect(unsigned).toEqual({
+        kind: "bcp/send",
+        chainId: testdata.chainId,
+        sender: "cosmos1h806c7khnvmjlywdrkdgk2vrayy2mmvf9rxk2r" as Address,
+        recipient: "cosmos1z7g5w84ynmjyg0kqpahdjqpj7yq34v3suckp0e" as Address,
+        amount: {
+          quantity: "887878484",
+          tokenTicker: "ASH" as TokenTicker,
+          fractionalDigits: 5,
+        },
+        memo: defaultMemo,
+        fee: defaultFee,
+      });
     });
   });
 
   describe("parseSignedTx", () => {
     it("works", () => {
-      expect(parseSignedTx(cosmoshub.tx.value, testdata.chainId, testdata.nonce, defaultTokens)).toEqual(
-        testdata.signedTxJson,
-      );
+      expect(
+        parseSignedTx(
+          cosmoshub.tx.value,
+          testdata.chainId,
+          testdata.nonce,
+          defaultTokens,
+          defaultErc20Tokens,
+        ),
+      ).toEqual(testdata.signedTxJson);
     });
   });
 
@@ -192,9 +295,15 @@ describe("decode", () => {
         transactionId: testdata.txId,
         log: '[{"msg_index":0,"success":true,"log":""}]',
       };
-      expect(parseTxsResponseUnsigned(testdata.chainId, currentHeight, txsResponse, defaultTokens)).toEqual(
-        expected,
-      );
+      expect(
+        parseTxsResponseUnsigned(
+          testdata.chainId,
+          currentHeight,
+          txsResponse,
+          defaultTokens,
+          defaultErc20Tokens,
+        ),
+      ).toEqual(expected);
     });
   });
 
@@ -216,7 +325,14 @@ describe("decode", () => {
         log: '[{"msg_index":0,"success":true,"log":""}]',
       };
       expect(
-        parseTxsResponseSigned(testdata.chainId, currentHeight, testdata.nonce, txsResponse, defaultTokens),
+        parseTxsResponseSigned(
+          testdata.chainId,
+          currentHeight,
+          testdata.nonce,
+          txsResponse,
+          defaultTokens,
+          defaultErc20Tokens,
+        ),
       ).toEqual(expected);
     });
   });
diff --git a/packages/bcp/src/decode.ts b/packages/bcp/src/decode.ts
index b57eb8bd..3279c9d9 100644
--- a/packages/bcp/src/decode.ts
+++ b/packages/bcp/src/decode.ts
@@ -19,8 +19,9 @@ import {
   UnsignedTransaction,
 } from "@iov/bcp";
 import { Decimal, Encoding } from "@iov/encoding";
+import BN from "bn.js";
 
-import { BankTokens } from "./types";
+import { BankTokens, Erc20Token } from "./types";
 
 const { fromBase64 } = Encoding;
 
@@ -76,6 +77,7 @@ export function parseMsg(
   memo: string | undefined,
   chainId: ChainId,
   tokens: BankTokens,
+  erc20Tokens: readonly Erc20Token[],
 ): UnsignedTransaction {
   if (types.isMsgSend(msg)) {
     if (msg.value.amount.length !== 1) {
@@ -90,6 +92,34 @@ export function parseMsg(
       memo: memo,
     };
     return send;
+  } else if (types.isMsgExecuteContract(msg)) {
+    const matchingTokenContract = erc20Tokens.find(t => t.contractAddress === msg.value.contract);
+    if (!matchingTokenContract) {
+      return {
+        chainId: chainId,
+        kind: "bcp/unknown",
+      };
+    }
+
+    const recipient: string | undefined = (msg.value.msg as any).transfer?.recipient;
+    if (!recipient) throw new Error("Could not read recipient");
+
+    const amount: string | undefined = (msg.value.msg as any).transfer?.amount;
+    if (!amount) throw new Error("Could not read recipient");
+
+    const send: SendTransaction = {
+      kind: "bcp/send",
+      chainId: chainId,
+      sender: msg.value.sender as Address,
+      recipient: recipient as Address,
+      amount: {
+        quantity: new BN(amount).toString(),
+        fractionalDigits: matchingTokenContract.fractionalDigits,
+        tokenTicker: matchingTokenContract.ticker as TokenTicker,
+      },
+      memo: memo,
+    };
+    return send;
   } else {
     // Unknown transaction type
     const unknown = {
@@ -114,6 +144,7 @@ export function parseUnsignedTx(
   txValue: types.StdTx,
   chainId: ChainId,
   tokens: BankTokens,
+  erc20Tokens: readonly Erc20Token[],
 ): UnsignedTransaction {
   if (!types.isStdTx(txValue)) {
     throw new Error("Only StdTx is supported");
@@ -122,7 +153,7 @@ export function parseUnsignedTx(
     throw new Error("Only single-message transactions currently supported");
   }
 
-  const msg = parseMsg(txValue.msg[0], txValue.memo, chainId, tokens);
+  const msg = parseMsg(txValue.msg[0], txValue.memo, chainId, tokens, erc20Tokens);
   const fee = parseFee(txValue.fee, tokens);
 
   return {
@@ -137,10 +168,11 @@ export function parseSignedTx(
   chainId: ChainId,
   nonce: Nonce,
   tokens: BankTokens,
+  erc20Tokens: readonly Erc20Token[],
 ): SignedTransaction {
   const [primarySignature] = txValue.signatures.map(signature => decodeFullSignature(signature, nonce));
   return {
-    transaction: parseUnsignedTx(txValue, chainId, tokens),
+    transaction: parseUnsignedTx(txValue, chainId, tokens, erc20Tokens),
     signatures: [primarySignature],
   };
 }
@@ -150,10 +182,11 @@ export function parseTxsResponseUnsigned(
   currentHeight: number,
   response: TxsResponse,
   tokens: BankTokens,
+  erc20Tokens: readonly Erc20Token[],
 ): ConfirmedTransaction<UnsignedTransaction> {
   const height = parseInt(response.height, 10);
   return {
-    transaction: parseUnsignedTx(response.tx.value, chainId, tokens),
+    transaction: parseUnsignedTx(response.tx.value, chainId, tokens, erc20Tokens),
     height: height,
     confirmations: currentHeight - height + 1,
     transactionId: response.txhash as TransactionId,
@@ -167,10 +200,11 @@ export function parseTxsResponseSigned(
   nonce: Nonce,
   response: TxsResponse,
   tokens: BankTokens,
+  erc20Tokens: readonly Erc20Token[],
 ): ConfirmedAndSignedTransaction<UnsignedTransaction> {
   const height = parseInt(response.height, 10);
   return {
-    ...parseSignedTx(response.tx.value, chainId, nonce, tokens),
+    ...parseSignedTx(response.tx.value, chainId, nonce, tokens, erc20Tokens),
     height: height,
     confirmations: currentHeight - height + 1,
     transactionId: response.txhash as TransactionId,
diff --git a/packages/bcp/types/decode.d.ts b/packages/bcp/types/decode.d.ts
index c895d2a0..b2fac2c7 100644
--- a/packages/bcp/types/decode.d.ts
+++ b/packages/bcp/types/decode.d.ts
@@ -13,7 +13,7 @@ import {
   UnsignedTransaction,
 } from "@iov/bcp";
 import { Decimal } from "@iov/encoding";
-import { BankTokens } from "./types";
+import { BankTokens, Erc20Token } from "./types";
 export declare function decodePubkey(pubkey: types.PubKey): PubkeyBundle;
 export declare function decodeSignature(signature: string): SignatureBytes;
 export declare function decodeFullSignature(signature: types.StdSignature, nonce: number): FullSignature;
@@ -24,24 +24,28 @@ export declare function parseMsg(
   memo: string | undefined,
   chainId: ChainId,
   tokens: BankTokens,
+  erc20Tokens: readonly Erc20Token[],
 ): UnsignedTransaction;
 export declare function parseFee(fee: types.StdFee, tokens: BankTokens): Fee;
 export declare function parseUnsignedTx(
   txValue: types.StdTx,
   chainId: ChainId,
   tokens: BankTokens,
+  erc20Tokens: readonly Erc20Token[],
 ): UnsignedTransaction;
 export declare function parseSignedTx(
   txValue: types.StdTx,
   chainId: ChainId,
   nonce: Nonce,
   tokens: BankTokens,
+  erc20Tokens: readonly Erc20Token[],
 ): SignedTransaction;
 export declare function parseTxsResponseUnsigned(
   chainId: ChainId,
   currentHeight: number,
   response: TxsResponse,
   tokens: BankTokens,
+  erc20Tokens: readonly Erc20Token[],
 ): ConfirmedTransaction<UnsignedTransaction>;
 export declare function parseTxsResponseSigned(
   chainId: ChainId,
@@ -49,4 +53,5 @@ export declare function parseTxsResponseSigned(
   nonce: Nonce,
   response: TxsResponse,
   tokens: BankTokens,
+  erc20Tokens: readonly Erc20Token[],
 ): ConfirmedAndSignedTransaction<UnsignedTransaction>;