diff --git a/transferui/src/main/java/com/hyperwallet/android/ui/transfer/view/CreateTransferFragment.java b/transferui/src/main/java/com/hyperwallet/android/ui/transfer/view/CreateTransferFragment.java
index 859deea2c..8bbd80e8b 100644
--- a/transferui/src/main/java/com/hyperwallet/android/ui/transfer/view/CreateTransferFragment.java
+++ b/transferui/src/main/java/com/hyperwallet/android/ui/transfer/view/CreateTransferFragment.java
@@ -767,7 +767,11 @@ private void showTransferSource(@NonNull final TransferSource transferSource) {
 
     private String formattedAmount(final double amount, final String currencyCode) {
         DecimalFormat currencyFormatter = (DecimalFormat) DecimalFormat.getCurrencyInstance();
-        currencyFormatter.setMinimumFractionDigits(mNumberOfFractionDigits);
+        if (mNumberOfFractionDigits < 3) {
+            currencyFormatter.setMaximumFractionDigits(mNumberOfFractionDigits);
+        } else {
+            currencyFormatter.setMinimumFractionDigits(mNumberOfFractionDigits);
+        }
         currencyFormatter.setCurrency(Currency.getInstance(currencyCode == null ? US_CURRENCY_CODE : currencyCode));
         DecimalFormatSymbols decimalFormatSymbols = currencyFormatter.getDecimalFormatSymbols();
         decimalFormatSymbols.setCurrencySymbol("");