diff --git a/packages/web3-eth-iban/package-lock.json b/packages/web3-eth-iban/package-lock.json
index dc1a68353f4..123bdcb2505 100644
--- a/packages/web3-eth-iban/package-lock.json
+++ b/packages/web3-eth-iban/package-lock.json
@@ -4,10 +4,443 @@
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+		},
+		"secp256k1": {
+			"version": "4.0.2",
+			"resolved": "https://registry.npmjs.org/secp256k1/-/secp256k1-4.0.2.tgz",
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+			"requires": {
+				"elliptic": "^6.5.2",
+				"node-addon-api": "^2.0.0",
+				"node-gyp-build": "^4.2.0"
+			}
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+			"resolved": "https://registry.npmjs.org/setimmediate/-/setimmediate-1.0.5.tgz",
+			"integrity": "sha1-KQy7Iy4waULX1+qbg3Mqt4VvgoU="
+		},
+		"sha.js": {
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+			"resolved": "https://registry.npmjs.org/sha.js/-/sha.js-2.4.11.tgz",
+			"integrity": "sha512-QMEp5B7cftE7APOjk5Y6xgrbWu+WkLVQwk8JNjZ8nKRciZaByEW6MubieAiToS7+dwvrjGhH8jRXz3MVd0AYqQ==",
+			"requires": {
+				"inherits": "^2.0.1",
+				"safe-buffer": "^5.0.1"
+			}
+		},
+		"string_decoder": {
+			"version": "1.3.0",
+			"resolved": "https://registry.npmjs.org/string_decoder/-/string_decoder-1.3.0.tgz",
+			"integrity": "sha512-hkRX8U1WjJFd8LsDJ2yQ/wWWxaopEsABU1XfkM8A+j0+85JAGppt16cr1Whg6KIbb4okU6Mql6BOj+uup/wKeA==",
+			"requires": {
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+		"strip-hex-prefix": {
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+			"resolved": "https://registry.npmjs.org/strip-hex-prefix/-/strip-hex-prefix-1.0.0.tgz",
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+			"resolved": "https://registry.npmjs.org/utf8/-/utf8-3.0.0.tgz",
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+		},
+		"util-deprecate": {
+			"version": "1.0.2",
+			"resolved": "https://registry.npmjs.org/util-deprecate/-/util-deprecate-1.0.2.tgz",
+			"integrity": "sha1-RQ1Nyfpw3nMnYvvS1KKJgUGaDM8="
+		},
+		"web3-utils": {
+			"version": "1.6.0",
+			"resolved": "https://registry.npmjs.org/web3-utils/-/web3-utils-1.6.0.tgz",
+			"integrity": "sha512-bgCAWAeQnJF035YTFxrcHJ5mGEfTi/McsjqldZiXRwlHK7L1PyOqvXiQLE053dlzvy1kdAxWl/sSSfLMyNUAXg==",
+			"requires": {
+				"bn.js": "^4.11.9",
+				"ethereum-bloom-filters": "^1.0.6",
+				"ethereumjs-util": "^7.1.0",
+				"ethjs-unit": "0.1.6",
+				"number-to-bn": "1.7.0",
+				"randombytes": "^2.1.0",
+				"utf8": "3.0.0"
+			}
 		}
 	}
 }
diff --git a/packages/web3-eth-iban/package.json b/packages/web3-eth-iban/package.json
index 37c23da76d7..4b90876328a 100644
--- a/packages/web3-eth-iban/package.json
+++ b/packages/web3-eth-iban/package.json
@@ -15,7 +15,7 @@
     "main": "lib/index.js",
     "dependencies": {
         "bn.js": "^4.11.9",
-        "web3-utils": "1.3.0"
+        "web3-utils": "1.6.0"
     },
     "devDependencies": {
         "dtslint": "^3.4.1",