diff --git a/x/bank/keeper/keeper.go b/x/bank/keeper/keeper.go
index bfa45d23f64e..7c8b7de20d5e 100644
--- a/x/bank/keeper/keeper.go
+++ b/x/bank/keeper/keeper.go
@@ -131,6 +131,11 @@ func (k BaseKeeper) DelegateCoins(ctx context.Context, delegatorAddr, moduleAccA
 		return errorsmod.Wrap(sdkerrors.ErrInvalidCoins, amt.String())
 	}
 
+	moduleAccAddr, err := k.sendRestriction.apply(ctx, delegatorAddr, moduleAccAddr, amt)
+	if err != nil {
+		return err
+	}
+
 	balances := sdk.NewCoins()
 
 	for _, coin := range amt {
@@ -157,7 +162,7 @@ func (k BaseKeeper) DelegateCoins(ctx context.Context, delegatorAddr, moduleAccA
 		types.NewCoinSpentEvent(delegatorAddr, amt),
 	)
 
-	err := k.addCoins(ctx, moduleAccAddr, amt)
+	err = k.addCoins(ctx, moduleAccAddr, amt)
 	if err != nil {
 		return err
 	}
@@ -180,7 +185,12 @@ func (k BaseKeeper) UndelegateCoins(ctx context.Context, moduleAccAddr, delegato
 		return errorsmod.Wrap(sdkerrors.ErrInvalidCoins, amt.String())
 	}
 
-	err := k.subUnlockedCoins(ctx, moduleAccAddr, amt)
+	delegatorAddr, err := k.sendRestriction.apply(ctx, moduleAccAddr, delegatorAddr, amt)
+	if err != nil {
+		return err
+	}
+
+	err = k.subUnlockedCoins(ctx, moduleAccAddr, amt)
 	if err != nil {
 		return err
 	}