diff --git a/cmd/kaspawallet/common.go b/cmd/kaspawallet/common.go
index 5f3dcd508b..c63b15dcce 100644
--- a/cmd/kaspawallet/common.go
+++ b/cmd/kaspawallet/common.go
@@ -6,7 +6,7 @@ import (
 	"time"
 )
 
-const daemonTimeout = 2 * time.Minute
+const daemonTimeout = 5 * time.Minute
 
 func printErrorAndExit(err error) {
 	fmt.Fprintf(os.Stderr, "%s\n", err)
diff --git a/cmd/kaspawallet/daemon/client/client.go b/cmd/kaspawallet/daemon/client/client.go
index 6cfd38a326..bea4e544c0 100644
--- a/cmd/kaspawallet/daemon/client/client.go
+++ b/cmd/kaspawallet/daemon/client/client.go
@@ -7,6 +7,7 @@ import (
 	"github.com/pkg/errors"
 
 	"github.com/kaspanet/kaspad/cmd/kaspawallet/daemon/pb"
+	"github.com/kaspanet/kaspad/cmd/kaspawallet/daemon/server"
 	"google.golang.org/grpc"
 )
 
@@ -16,7 +17,14 @@ func Connect(address string) (pb.KaspawalletdClient, func(), error) {
 	ctx, cancel := context.WithTimeout(context.Background(), time.Second)
 	defer cancel()
 
-	conn, err := grpc.DialContext(ctx, address, grpc.WithInsecure(), grpc.WithBlock())
+	conn, err := grpc.DialContext(
+		ctx, address,
+		grpc.WithInsecure(),
+		grpc.WithBlock(),
+		grpc.WithDefaultCallOptions(
+			grpc.MaxCallRecvMsgSize(server.MaxDaemonMsgSize),
+			grpc.MaxCallSendMsgSize(server.MaxDaemonMsgSize)))
+
 	if err != nil {
 		if errors.Is(err, context.DeadlineExceeded) {
 			return nil, nil, errors.New("kaspawallet daemon is not running, start it with `kaspawallet start-daemon`")
diff --git a/cmd/kaspawallet/daemon/server/server.go b/cmd/kaspawallet/daemon/server/server.go
index d66ff8d65d..167b3a2fde 100644
--- a/cmd/kaspawallet/daemon/server/server.go
+++ b/cmd/kaspawallet/daemon/server/server.go
@@ -24,6 +24,10 @@ import (
 	"google.golang.org/grpc"
 )
 
+// MaxDaemonMsgSize is the max send/receive message size used for the daemon client and server.
+// Currently, set to 100MB
+const MaxDaemonMsgSize = 100_000_000
+
 type server struct {
 	pb.UnimplementedKaspawalletdServer
 
@@ -96,7 +100,9 @@ func Start(params *dagconfig.Params, listen, rpcServer string, keysFilePath stri
 		}
 	})
 
-	grpcServer := grpc.NewServer()
+	grpcServer := grpc.NewServer(
+		grpc.MaxRecvMsgSize(MaxDaemonMsgSize),
+		grpc.MaxSendMsgSize(MaxDaemonMsgSize))
 	pb.RegisterKaspawalletdServer(grpcServer, serverInstance)
 
 	spawn("grpcServer.Serve", func() {