diff --git a/src/init.cpp b/src/init.cpp
index ffd9ddd885461a..006b3fdaea4d75 100644
--- a/src/init.cpp
+++ b/src/init.cpp
@@ -1434,6 +1434,22 @@ bool AppInitParameterInteraction()
         dustRelayFee = CFeeRate(n);
     }
 
+    // This is required by both the wallet and node
+    if (gArgs.IsArgSet("-maxtxfee"))
+    {
+        CAmount nMaxFee = 0;
+        if (!ParseMoney(gArgs.GetArg("-maxtxfee", ""), nMaxFee))
+            return InitError(AmountErrMsg("maxtxfee", gArgs.GetArg("-maxtxfee", "")));
+        if (nMaxFee > HIGH_MAX_TX_FEE)
+            InitWarning(_("-maxtxfee is set very high! Fees this large could be paid on a single transaction."));
+        maxTxFee = nMaxFee;
+        if (CFeeRate(maxTxFee, 1000) < ::minRelayTxFee)
+        {
+            return InitError(strprintf(_("Invalid amount for -maxtxfee=<amount>: '%s' (must be at least the minrelay fee of %s to prevent stuck transactions)"),
+                                       gArgs.GetArg("-maxtxfee", ""), ::minRelayTxFee.ToString()));
+        }
+    }
+
     fRequireStandard = !gArgs.GetBoolArg("-acceptnonstdtxn", !chainparams.RequireStandard());
     if (chainparams.RequireStandard() && !fRequireStandard)
         return InitError(strprintf("acceptnonstdtxn is not currently supported for %s chain", chainparams.NetworkIDString()));
diff --git a/src/wallet/init.cpp b/src/wallet/init.cpp
index eec3396cfc6e2e..b50500346939fa 100644
--- a/src/wallet/init.cpp
+++ b/src/wallet/init.cpp
@@ -189,21 +189,6 @@ bool WalletInit::ParameterInteraction() const
         InitWarning(AmountHighWarn("-minrelaytxfee") + " " +
                     _("The wallet will avoid paying less than the minimum relay fee."));
 
-    if (gArgs.IsArgSet("-maxtxfee"))
-    {
-        CAmount nMaxFee = 0;
-        if (!ParseMoney(gArgs.GetArg("-maxtxfee", ""), nMaxFee))
-            return InitError(AmountErrMsg("maxtxfee", gArgs.GetArg("-maxtxfee", "")));
-        if (nMaxFee > HIGH_MAX_TX_FEE)
-            InitWarning(_("-maxtxfee is set very high! Fees this large could be paid on a single transaction."));
-        maxTxFee = nMaxFee;
-        if (CFeeRate(maxTxFee, 1000) < ::minRelayTxFee)
-        {
-            return InitError(strprintf(_("Invalid amount for -maxtxfee=<amount>: '%s' (must be at least the minrelay fee of %s to prevent stuck transactions)"),
-                                       gArgs.GetArg("-maxtxfee", ""), ::minRelayTxFee.ToString()));
-        }
-    }
-
     if (gArgs.IsArgSet("-walletbackupsdir")) {
         if (!fs::is_directory(gArgs.GetArg("-walletbackupsdir", ""))) {
             InitWarning(strprintf(_("Warning: incorrect parameter %s, path must exist! Using default path."), "-walletbackupsdir"));