diff --git a/src/test/util_tests.cpp b/src/test/util_tests.cpp
--- a/src/test/util_tests.cpp
+++ b/src/test/util_tests.cpp
@@ -1431,6 +1431,12 @@
     BOOST_CHECK_EQUAL(ret, COIN);
     BOOST_CHECK(ParseMoney("1", ret));
     BOOST_CHECK_EQUAL(ret, COIN);
+    BOOST_CHECK(ParseMoney("   1", ret));
+    BOOST_CHECK_EQUAL(ret, COIN);
+    BOOST_CHECK(ParseMoney("1   ", ret));
+    BOOST_CHECK_EQUAL(ret, COIN);
+    BOOST_CHECK(ParseMoney("  1 ", ret));
+    BOOST_CHECK_EQUAL(ret, COIN);
     BOOST_CHECK(ParseMoney("0.1", ret));
     BOOST_CHECK_EQUAL(ret, COIN / 10);
     BOOST_CHECK(ParseMoney("0.01", ret));
@@ -1447,12 +1453,26 @@
     BOOST_CHECK_EQUAL(ret, COIN / 10000000);
     BOOST_CHECK(ParseMoney("0.00000001", ret));
     BOOST_CHECK_EQUAL(ret, COIN / 100000000);
+    BOOST_CHECK(ParseMoney(" 0.00000001 ", ret));
+    BOOST_CHECK_EQUAL(ret, COIN / 100000000);
+    BOOST_CHECK(ParseMoney("0.00000001 ", ret));
+    BOOST_CHECK_EQUAL(ret, COIN / 100000000);
+    BOOST_CHECK(ParseMoney(" 0.00000001", ret));
+    BOOST_CHECK_EQUAL(ret, COIN / 100000000);
 
     // Parsing amount that can not be represented in ret should fail
     BOOST_CHECK(!ParseMoney("0.000000001", ret));
 
     // Parsing empty string should fail
     BOOST_CHECK(!ParseMoney("", ret));
+    BOOST_CHECK(!ParseMoney(" ", ret));
+    BOOST_CHECK(!ParseMoney("  ", ret));
+
+    // Parsing two numbers should fail
+    BOOST_CHECK(!ParseMoney("1 2", ret));
+    BOOST_CHECK(!ParseMoney(" 1 2 ", ret));
+    BOOST_CHECK(!ParseMoney(" 1.2 3 ", ret));
+    BOOST_CHECK(!ParseMoney(" 1 2.3 ", ret));
 
     // Attempted 63 bit overflow should fail
     BOOST_CHECK(!ParseMoney("92233720368.54775808", ret));
diff --git a/src/util/moneystr.cpp b/src/util/moneystr.cpp
--- a/src/util/moneystr.cpp
+++ b/src/util/moneystr.cpp
@@ -31,11 +31,11 @@
     return str;
 }
 
-bool ParseMoney(const std::string &str, Amount &nRet) {
-    if (!ValidAsCString(str)) {
+bool ParseMoney(const std::string &money_string, Amount &nRet) {
+    if (!ValidAsCString(money_string)) {
         return false;
     }
-
+    const std::string str = TrimString(money_string);
     if (str.empty()) {
         return false;
     }
@@ -43,9 +43,6 @@
     std::string strWhole;
     Amount nUnits = Amount::zero();
     const char *p = str.c_str();
-    while (IsSpace(*p)) {
-        p++;
-    }
     for (; *p; p++) {
         if (*p == '.') {
             p++;
@@ -57,17 +54,15 @@
             break;
         }
         if (IsSpace(*p)) {
-            break;
+            return false;
         }
         if (!IsDigit(*p)) {
             return false;
         }
         strWhole.insert(strWhole.end(), *p);
     }
-    for (; *p; p++) {
-        if (!IsSpace(*p)) {
-            return false;
-        }
+    if (*p) {
+        return false;
     }
     // guard against 63 bit overflow
     if (strWhole.size() > 10) {