diff --git a/src/dbwrapper.cpp b/src/dbwrapper.cpp
--- a/src/dbwrapper.cpp
+++ b/src/dbwrapper.cpp
@@ -118,7 +118,7 @@
 
 CDBWrapper::CDBWrapper(const fs::path &path, size_t nCacheSize, bool fMemory,
                        bool fWipe, bool obfuscate)
-    : m_name(fs::basename(path)) {
+    : m_name{path.stem().string()} {
     penv = nullptr;
     readoptions.verify_checksums = true;
     iteroptions.verify_checksums = true;
diff --git a/src/wallet/db.cpp b/src/wallet/db.cpp
--- a/src/wallet/db.cpp
+++ b/src/wallet/db.cpp
@@ -435,14 +435,6 @@
               DbEnv::version(nullptr, nullptr, nullptr));
     LogPrintf("Using wallet %s\n", file_path.string());
 
-    // Wallet file must be a plain filename without a directory
-    if (walletFile != fs::basename(walletFile) + fs::extension(walletFile)) {
-        errorStr = strprintf(
-            _("Wallet %s resides outside wallet directory %s").translated,
-            walletFile, walletDir.string());
-        return false;
-    }
-
     if (!env->Open(true /* retry */)) {
         errorStr = strprintf(
             _("Error initializing wallet database environment %s!").translated,