diff --git a/src/wallet/rpc/spend.cpp b/src/wallet/rpc/spend.cpp
index e0fe73fbdd..8814809478 100644
--- a/src/wallet/rpc/spend.cpp
+++ b/src/wallet/rpc/spend.cpp
@@ -623,6 +623,7 @@ CreatedTransactionResult FundTransaction(CWallet& wallet, const CMutableTransact
                 {"subtract_fee_from_outputs", UniValueType(UniValue::VARR)},
                 {"replaceable", UniValueType(UniValue::VBOOL)},
                 {"conf_target", UniValueType(UniValue::VNUM)},
+                {"min_conf", UniValueType(UniValue::VNUM)},
                 {"estimate_mode", UniValueType(UniValue::VSTR)},
                 {"minconf", UniValueType(UniValue::VNUM)},
                 {"maxconf", UniValueType(UniValue::VNUM)},
@@ -705,6 +706,17 @@ CreatedTransactionResult FundTransaction(CWallet& wallet, const CMutableTransact
                 throw JSONRPCError(RPC_INVALID_PARAMETER, "Negative minconf");
             }
         }
+        if (options.exists("min_conf")) {
+            if (options.exists("minconf")) {
+                throw JSONRPCError(RPC_INVALID_PARAMETER, "min_conf and minconf options should not both be set. Use minconf (min_conf is deprecated).");
+            }
+
+            coinControl.m_min_depth = options["min_conf"].getInt<int>();
+
+            if (coinControl.m_min_depth < 0) {
+                throw JSONRPCError(RPC_INVALID_PARAMETER, "Negative min_conf");
+            }
+        }
 
         if (options.exists("maxconf")) {
             coinControl.m_max_depth = options["maxconf"].getInt<int>();
diff --git a/test/functional/rpc_psbt.py b/test/functional/rpc_psbt.py
index bc19833d26..0a0a8f49e7 100755
--- a/test/functional/rpc_psbt.py
+++ b/test/functional/rpc_psbt.py
@@ -207,7 +207,8 @@ class PSBTTest(BitcoinTestFramework):
 
     def run_test(self):
         # Create and fund a raw tx for sending 10 BTC
-        psbtx1 = self.nodes[0].walletcreatefundedpsbt([], {self.nodes[2].getnewaddress():10})['psbt']
+        assert_raises_rpc_error(-4, "Insufficient funds", self.nodes[0].walletcreatefundedpsbt, inputs=[], outputs={self.nodes[2].getnewaddress():1}, options={'min_conf': 201})
+        psbtx1 = self.nodes[0].walletcreatefundedpsbt(inputs=[], outputs={self.nodes[2].getnewaddress():11}, options={'min_conf': 200})['psbt']
 
         # If inputs are specified, do not automatically add more:
         utxo1 = self.nodes[0].listunspent()[0]
diff --git a/test/functional/wallet_fundrawtransaction.py b/test/functional/wallet_fundrawtransaction.py
index 0979a4f319..8dc26594bf 100755
--- a/test/functional/wallet_fundrawtransaction.py
+++ b/test/functional/wallet_fundrawtransaction.py
@@ -1042,6 +1042,16 @@ class RawTransactionsTest(BitcoinTestFramework):
         # The total subtracted from the outputs is equal to the fee.
         assert_equal(share[0] + share[2] + share[3], result[0]['fee'])
 
+        # test funding with custom min_conf
+        inputs = []
+        outputs = {self.nodes[2].getnewaddress(): 1}
+        rawtx = self.nodes[3].createrawtransaction(inputs, outputs)
+        unspent = self.nodes[3].listunspent()
+        assert len(unspent) == 1
+        input_confs = unspent[0]['confirmations']
+        assert_raises_rpc_error(-4, "Insufficient funds", self.nodes[3].fundrawtransaction, rawtx,  {'min_conf': input_confs + 1})
+        result = self.nodes[3].fundrawtransaction(rawtx, {'min_conf': input_confs})
+
     def test_subtract_fee_with_presets(self):
         self.log.info("Test fundrawtxn subtract fee from outputs with preset inputs that are sufficient")