diff --git a/CHANGELOG.md b/CHANGELOG.md
index 8e632cda..e174a45d 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -6,6 +6,13 @@ and this project adheres to
 
 ## [Unreleased]
 
+### Fixed
+
+- @cosmjs/stargate: Add missing memo field to `fromAmino` implementation for
+  `MsgTransfer`. ([#1493])
+
+[#1493]: https://github.com/cosmos/cosmjs/issues/1493
+
 ## [0.31.2] - 2023-10-24
 
 ### Fixed
diff --git a/packages/stargate/src/modules/ibc/aminomessages.spec.ts b/packages/stargate/src/modules/ibc/aminomessages.spec.ts
index 420690cd..0334fc6e 100644
--- a/packages/stargate/src/modules/ibc/aminomessages.spec.ts
+++ b/packages/stargate/src/modules/ibc/aminomessages.spec.ts
@@ -153,6 +153,43 @@ describe("AminoTypes", () => {
       });
     });
 
+    it("works for MsgTransfer with memo", () => {
+      const aminoMsg: AminoMsgTransfer = {
+        type: "cosmos-sdk/MsgTransfer",
+        value: {
+          source_port: "testport",
+          source_channel: "testchannel",
+          token: coin(1234, "utest"),
+          sender: "cosmos1pkptre7fdkl6gfrzlesjjvhxhlc3r4gmmk8rs6",
+          receiver: "cosmos10dyr9899g6t0pelew4nvf4j5c3jcgv0r73qga5",
+          timeout_height: {
+            revision_height: "123",
+            revision_number: "456",
+          },
+          timeout_timestamp: "789",
+          memo: "Hack me",
+        },
+      };
+      const msg = new AminoTypes(createIbcAminoConverters()).fromAmino(aminoMsg);
+      const expectedValue: MsgTransfer = {
+        sourcePort: "testport",
+        sourceChannel: "testchannel",
+        token: coin(1234, "utest"),
+        sender: "cosmos1pkptre7fdkl6gfrzlesjjvhxhlc3r4gmmk8rs6",
+        receiver: "cosmos10dyr9899g6t0pelew4nvf4j5c3jcgv0r73qga5",
+        timeoutHeight: {
+          revisionHeight: Long.fromString("123", true),
+          revisionNumber: Long.fromString("456", true),
+        },
+        timeoutTimestamp: Long.fromString("789", true),
+        memo: "Hack me",
+      };
+      expect(msg).toEqual({
+        typeUrl: "/ibc.applications.transfer.v1.MsgTransfer",
+        value: expectedValue,
+      });
+    });
+
     it("works for MsgTransfer with default values", () => {
       const aminoMsg: AminoMsgTransfer = {
         type: "cosmos-sdk/MsgTransfer",
@@ -167,6 +204,7 @@ describe("AminoTypes", () => {
             // revision_number omitted
           },
           // timeout_timestamp omitted
+          // memo omitted
         },
       };
       const msg = new AminoTypes(createIbcAminoConverters()).fromAmino(aminoMsg);
diff --git a/packages/stargate/src/modules/ibc/aminomessages.ts b/packages/stargate/src/modules/ibc/aminomessages.ts
index 4073c521..5719bbef 100644
--- a/packages/stargate/src/modules/ibc/aminomessages.ts
+++ b/packages/stargate/src/modules/ibc/aminomessages.ts
@@ -98,6 +98,7 @@ export function createIbcAminoConverters(): AminoConverters {
         receiver,
         timeout_height,
         timeout_timestamp,
+        memo,
       }: AminoMsgTransfer["value"]): MsgTransfer =>
         MsgTransfer.fromPartial({
           sourcePort: source_port,
@@ -112,6 +113,7 @@ export function createIbcAminoConverters(): AminoConverters {
               }
             : undefined,
           timeoutTimestamp: Long.fromString(timeout_timestamp || "0", true),
+          memo: memo ?? "",
         }),
     },
   };