diff --git a/CHANGELOG.md b/CHANGELOG.md
index 96f0e0c451bb..3d62f194f5d8 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -38,8 +38,13 @@ Ref: https://keepachangelog.com/en/1.0.0/
 ## [Unreleased]
 
 ### Improvements
+
 * (simapp) [#15305](https://github.com/cosmos/cosmos-sdk/pull/15305) Add `AppStateFnWithExtendedCb` with callback function to extend rawState and `AppStateRandomizedFnWithState` with extra genesisState argument which is the genesis state of the app.
 
+### Bug Fixes
+
+* (x/auth/vesting) [#15383](https://github.com/cosmos/cosmos-sdk/pull/15383) Add extra checks when creating a periodic vesting account.
+
 ## [v0.46.11](https://github.com/cosmos/cosmos-sdk/releases/tag/v0.46.11) - 2022-03-03
 
 ### Improvements
diff --git a/x/auth/vesting/msg_server.go b/x/auth/vesting/msg_server.go
index afcd2681e1bb..c3dd5785163d 100644
--- a/x/auth/vesting/msg_server.go
+++ b/x/auth/vesting/msg_server.go
@@ -79,8 +79,7 @@ func (s msgServer) CreateVestingAccount(goCtx context.Context, msg *types.MsgCre
 		}
 	}()
 
-	err = bk.SendCoins(ctx, from, to, msg.Amount)
-	if err != nil {
+	if err = bk.SendCoins(ctx, from, to, msg.Amount); err != nil {
 		return nil, err
 	}
 
@@ -140,8 +139,7 @@ func (s msgServer) CreatePermanentLockedAccount(goCtx context.Context, msg *type
 		}
 	}()
 
-	err = bk.SendCoins(ctx, from, to, msg.Amount)
-	if err != nil {
+	if err = bk.SendCoins(ctx, from, to, msg.Amount); err != nil {
 		return nil, err
 	}
 
@@ -175,11 +173,14 @@ func (s msgServer) CreatePeriodicVestingAccount(goCtx context.Context, msg *type
 	}
 
 	var totalCoins sdk.Coins
-
 	for _, period := range msg.VestingPeriods {
 		totalCoins = totalCoins.Add(period.Amount...)
 	}
 
+	if err := bk.IsSendEnabledCoins(ctx, totalCoins...); err != nil {
+		return nil, err
+	}
+
 	baseAccount := authtypes.NewBaseAccountWithAddress(to)
 	baseAccount = ak.NewAccount(ctx, baseAccount).(*authtypes.BaseAccount)
 	vestingAccount := types.NewPeriodicVestingAccount(baseAccount, totalCoins.Sort(), msg.StartTime, msg.VestingPeriods)
@@ -200,8 +201,7 @@ func (s msgServer) CreatePeriodicVestingAccount(goCtx context.Context, msg *type
 		}
 	}()
 
-	err = bk.SendCoins(ctx, from, to, totalCoins)
-	if err != nil {
+	if err = bk.SendCoins(ctx, from, to, totalCoins); err != nil {
 		return nil, err
 	}