diff --git a/src/wallet/api/wallet.cpp b/src/wallet/api/wallet.cpp
index de1bfdae1..da6ee5d75 100644
--- a/src/wallet/api/wallet.cpp
+++ b/src/wallet/api/wallet.cpp
@@ -381,6 +381,7 @@ WalletImpl::WalletImpl(NetworkType nettype, uint64_t kdf_rounds)
     , m_synchronized(false)
     , m_rebuildWalletCache(false)
     , m_is_connected(false)
+    , m_refreshShouldRescan(false)
 {
     m_wallet.reset(new tools::wallet2(static_cast<cryptonote::network_type>(nettype), kdf_rounds, true));
     m_history.reset(new TransactionHistoryImpl(this));
@@ -1011,6 +1012,20 @@ void WalletImpl::refreshAsync()
     m_refreshCV.notify_one();
 }
 
+bool WalletImpl::rescanBlockchain()
+{
+    clearStatus();
+    m_refreshShouldRescan = true;
+    doRefresh();
+    return status() == Status_Ok;
+}
+
+void WalletImpl::rescanBlockchainAsync()
+{
+    m_refreshShouldRescan = true;
+    refreshAsync();
+}
+
 void WalletImpl::setAutoRefreshInterval(int millis)
 {
     if (millis > MAX_REFRESH_INTERVAL_MILLIS) {
@@ -1984,6 +1999,7 @@ void WalletImpl::refreshThreadFunc()
         LOG_PRINT_L3(__FUNCTION__ << ": refresh lock acquired...");
         LOG_PRINT_L3(__FUNCTION__ << ": m_refreshEnabled: " << m_refreshEnabled);
         LOG_PRINT_L3(__FUNCTION__ << ": m_status: " << status());
+        LOG_PRINT_L3(__FUNCTION__ << ": m_refreshShouldRescan: " << m_refreshShouldRescan);
         if (m_refreshEnabled) {
             LOG_PRINT_L3(__FUNCTION__ << ": refreshing...");
             doRefresh();
@@ -1994,12 +2010,16 @@ void WalletImpl::refreshThreadFunc()
 
 void WalletImpl::doRefresh()
 {
+    bool rescan = m_refreshShouldRescan.exchange(false);
     // synchronizing async and sync refresh calls
     boost::lock_guard<boost::mutex> guarg(m_refreshMutex2);
-    try {
+    do try {
+        LOG_PRINT_L3(__FUNCTION__ << ": doRefresh, rescan = "<<rescan);
         // Syncing daemon and refreshing wallet simultaneously is very resource intensive.
         // Disable refresh if wallet is disconnected or daemon isn't synced.
         if (m_wallet->light_wallet() || daemonSynced()) {
+            if(rescan)
+                m_wallet->rescan_blockchain(false);
             m_wallet->refresh(trustedDaemon());
             if (!m_synchronized) {
                 m_synchronized = true;
@@ -2016,7 +2036,9 @@ void WalletImpl::doRefresh()
         }
     } catch (const std::exception &e) {
         setStatusError(e.what());
-    }
+        break;
+    }while(!rescan && (rescan=m_refreshShouldRescan.exchange(false))); // repeat if not rescanned and rescan was requested
+
     if (m_wallet2Callback->getListener()) {
         m_wallet2Callback->getListener()->refreshed();
     }
diff --git a/src/wallet/api/wallet.h b/src/wallet/api/wallet.h
index 6d343888b..b4637b8e6 100644
--- a/src/wallet/api/wallet.h
+++ b/src/wallet/api/wallet.h
@@ -114,6 +114,8 @@ public:
     bool synchronized() const override;
     bool refresh() override;
     void refreshAsync() override;
+    bool rescanBlockchain() override;
+    void rescanBlockchainAsync() override;    
     void setAutoRefreshInterval(int millis) override;
     int autoRefreshInterval() const override;
     void setRefreshFromBlockHeight(uint64_t refresh_from_block_height) override;
@@ -232,6 +234,7 @@ private:
     std::atomic<bool> m_refreshEnabled;
     std::atomic<bool> m_refreshThreadDone;
     std::atomic<int>  m_refreshIntervalMillis;
+    std::atomic<bool> m_refreshShouldRescan;
     // synchronizing  refresh loop;
     boost::mutex        m_refreshMutex;
 
diff --git a/src/wallet/api/wallet2_api.h b/src/wallet/api/wallet2_api.h
index ec1a84877..82627de29 100644
--- a/src/wallet/api/wallet2_api.h
+++ b/src/wallet/api/wallet2_api.h
@@ -643,6 +643,17 @@ struct Wallet
      */
     virtual void refreshAsync() = 0;
 
+    /**
+     * @brief rescanBlockchain - rescans the wallet, updating transactions from daemon
+     * @return - true if refreshed successfully;
+     */
+    virtual bool rescanBlockchain() = 0;
+
+    /**
+     * @brief rescanBlockchainAsync - rescans wallet asynchronously, starting from genesys
+     */
+    virtual void rescanBlockchainAsync() = 0;
+
     /**
      * @brief setAutoRefreshInterval - setup interval for automatic refresh.
      * @param seconds - interval in millis. if zero or less than zero - automatic refresh disabled;