diff --git a/contracts/cw20-ics20/src/contract.rs b/contracts/cw20-ics20/src/contract.rs
index ac0e26894..2be1f3b4b 100644
--- a/contracts/cw20-ics20/src/contract.rs
+++ b/contracts/cw20-ics20/src/contract.rs
@@ -3,14 +3,15 @@ use cosmwasm_std::{
     IbcQuery, MessageInfo, Order, PortIdResponse, Response, StdResult,
 };
 
-use cw2::set_contract_version;
+use cw2::{get_contract_version, set_contract_version};
 use cw20::{Cw20CoinHuman, Cw20ReceiveMsg};
 
 use crate::amount::Amount;
 use crate::error::ContractError;
 use crate::ibc::Ics20Packet;
 use crate::msg::{
-    ChannelResponse, ExecuteMsg, InitMsg, ListChannelsResponse, PortResponse, QueryMsg, TransferMsg,
+    ChannelResponse, ExecuteMsg, InitMsg, ListChannelsResponse, MigrateMsg, PortResponse, QueryMsg,
+    TransferMsg,
 };
 use crate::state::{Config, CHANNEL_INFO, CHANNEL_STATE, CONFIG};
 use cw0::{nonpayable, one_coin};
@@ -130,6 +131,17 @@ pub fn execute_transfer(
     Ok(res)
 }
 
+#[cfg_attr(not(feature = "library"), entry_point)]
+pub fn migrate(deps: DepsMut, _env: Env, _msg: MigrateMsg) -> Result<Response, ContractError> {
+    let version = get_contract_version(deps.storage)?;
+    if version.contract != CONTRACT_NAME {
+        return Err(ContractError::CannotMigrate {
+            previous_contract: version.contract,
+        });
+    }
+    Ok(Response::default())
+}
+
 #[cfg_attr(not(feature = "library"), entry_point)]
 pub fn query(deps: Deps, _env: Env, msg: QueryMsg) -> StdResult<Binary> {
     match msg {
diff --git a/contracts/cw20-ics20/src/error.rs b/contracts/cw20-ics20/src/error.rs
index 668b2eb18..a3f05a780 100644
--- a/contracts/cw20-ics20/src/error.rs
+++ b/contracts/cw20-ics20/src/error.rs
@@ -46,6 +46,9 @@ pub enum ContractError {
 
     #[error("Parsed channel from denom ({channel}) doesn't match packet")]
     FromOtherChannel { channel: String },
+
+    #[error("Cannot migrate from different contract type: {previous_contract}")]
+    CannotMigrate { previous_contract: String },
 }
 
 impl From<FromUtf8Error> for ContractError {
diff --git a/contracts/cw20-ics20/src/msg.rs b/contracts/cw20-ics20/src/msg.rs
index 744b98fda..6c4e1054b 100644
--- a/contracts/cw20-ics20/src/msg.rs
+++ b/contracts/cw20-ics20/src/msg.rs
@@ -8,12 +8,15 @@ use cw20::Cw20ReceiveMsg;
 use crate::amount::Amount;
 use crate::state::ChannelInfo;
 
-#[derive(Serialize, Deserialize, JsonSchema)]
+#[derive(Serialize, Deserialize, Clone, Debug, JsonSchema)]
 pub struct InitMsg {
     /// default timeout for ics20 packets, specified in seconds
     pub default_timeout: u64,
 }
 
+#[derive(Serialize, Deserialize, Clone, Debug, JsonSchema)]
+pub struct MigrateMsg {}
+
 #[derive(Serialize, Deserialize, Clone, Debug, PartialEq, JsonSchema)]
 #[serde(rename_all = "snake_case")]
 pub enum ExecuteMsg {