diff --git a/packages/protocol/contracts/bridge/TokenVault.sol b/packages/protocol/contracts/bridge/TokenVault.sol
index ede396b2181..3c74b349d02 100644
--- a/packages/protocol/contracts/bridge/TokenVault.sol
+++ b/packages/protocol/contracts/bridge/TokenVault.sol
@@ -220,7 +220,7 @@ contract TokenVault is EssentialContract {
 
         message.gasLimit = gasLimit;
         message.processingFee = processingFee;
-        message.depositValue = msg.value;
+        message.depositValue = msg.value - processingFee;
         message.refundAddress = refundAddress;
         message.memo = memo;