diff --git a/bindings/python/examples/exchange/1_create_account.py b/bindings/python/examples/exchange/1_create_account.py
index 4b8a7790aa..a76d8201c0 100644
--- a/bindings/python/examples/exchange/1_create_account.py
+++ b/bindings/python/examples/exchange/1_create_account.py
@@ -8,7 +8,7 @@
 from dotenv import load_dotenv
 
 from iota_sdk import (ClientOptions, CoinType, StrongholdSecretManager,
-                      SyncOptions, Wallet, WalletOptions, Bip44)
+                      SecretManager, SyncOptions, Wallet, WalletOptions, Bip44)
 
 # This example uses secrets in environment variables for simplicity which
 # should not be done in production.
@@ -24,16 +24,16 @@
 secret_manager = StrongholdSecretManager(
     os.environ.get('STRONGHOLD_SNAPSHOT_PATH'), os.environ['STRONGHOLD_PASSWORD'])
 
+# Store the mnemonic in the Stronghold snapshot, this only needs to be
+# done once.
+SecretManager(secret_manager).store_mnemonic(os.environ['MNEMONIC'])
+
 bib_path = Bip44(
     coin_type=CoinType.SHIMMER
 )
 wallet_options = WalletOptions(None, None, bib_path, client_options, secret_manager, os.environ.get('WALLET_DB_PATH'))
 wallet = Wallet(wallet_options)
 
-# Store the mnemonic in the Stronghold snapshot, this only needs to be
-# done once.
-wallet.store_mnemonic(os.environ['MNEMONIC'])
-
 # Set sync_only_most_basic_outputs to True if not interested in outputs that are timelocked,
 # have a storage deposit return, expiration or are nft/account/foundry outputs.
 wallet.set_default_sync_options(
diff --git a/bindings/python/examples/exchange/2_generate_address.py b/bindings/python/examples/exchange/2_generate_address.py
index 0fd365e798..3abe078726 100644
--- a/bindings/python/examples/exchange/2_generate_address.py
+++ b/bindings/python/examples/exchange/2_generate_address.py
@@ -17,10 +17,8 @@
     if env_var not in os.environ:
         raise Exception(f'.env {env_var} is undefined, see .env.example')
 
-client_options = ClientOptions(nodes=[os.environ.get('NODE_URL')])
-
 secret_manager = SecretManager(StrongholdSecretManager(
     os.environ.get('STRONGHOLD_SNAPSHOT_PATH'), os.environ['STRONGHOLD_PASSWORD']))
 
 address = secret_manager.generate_ed25519_addresses(1)[0]
-print('Address:', address.address)
+print('Address:', address)
diff --git a/bindings/python/examples/exchange/3_check_balance.py b/bindings/python/examples/exchange/3_check_balance.py
index b0a836dea7..c8c6b4d0c2 100644
--- a/bindings/python/examples/exchange/3_check_balance.py
+++ b/bindings/python/examples/exchange/3_check_balance.py
@@ -19,7 +19,7 @@
 wallet = Wallet(WalletOptions(storage_path=os.environ.get('WALLET_DB_PATH')))
 
 address = wallet.address()
-print('address:', address)
+print('Address:', address)
 
 # Set sync_only_most_basic_outputs to True if not interested in outputs that are timelocked,
 # have a storage deposit return, expiration or are nft/account/foundry outputs.
diff --git a/bindings/python/examples/how_tos/account_output/create.py b/bindings/python/examples/how_tos/account_output/create.py
index e077c67a61..709396a468 100644
--- a/bindings/python/examples/how_tos/account_output/create.py
+++ b/bindings/python/examples/how_tos/account_output/create.py
@@ -15,7 +15,7 @@
 
 wallet = Wallet(WalletOptions(storage_path=os.environ.get('WALLET_DB_PATH')))
 
-# Sync account with the node
+# Sync wallet with the node
 balance = wallet.sync()
 print(f'Accounts BEFORE: {balance.accounts}')
 
diff --git a/bindings/python/examples/how_tos/account_output/destroy.py b/bindings/python/examples/how_tos/account_output/destroy.py
index e90c55e33f..c322e40263 100644
--- a/bindings/python/examples/how_tos/account_output/destroy.py
+++ b/bindings/python/examples/how_tos/account_output/destroy.py
@@ -14,7 +14,7 @@
 
 wallet = Wallet(WalletOptions(storage_path=os.environ.get('WALLET_DB_PATH')))
 
-# Sync account with the node
+# Sync wallet with the node
 balance = wallet.sync()
 
 # We try to destroy the first account in the account
diff --git a/bindings/python/examples/how_tos/account_wallet/transaction.py b/bindings/python/examples/how_tos/account_wallet/transaction.py
index 7c6320295e..89f4239586 100644
--- a/bindings/python/examples/how_tos/account_wallet/transaction.py
+++ b/bindings/python/examples/how_tos/account_wallet/transaction.py
@@ -12,12 +12,11 @@
     if env_var not in os.environ:
         raise Exception(f".env {env_var} is undefined, see .env.example")
 
-sync_options = SyncOptions(account=WalletSyncOptions(basic_outputs=True))
-
 wallet = Wallet(WalletOptions(storage_path=os.environ.get('WALLET_DB_PATH')))
 
 wallet.set_stronghold_password(os.environ["STRONGHOLD_PASSWORD"])
 
+sync_options = SyncOptions(account=WalletSyncOptions(basic_outputs=True))
 balance = wallet.sync(sync_options)
 
 total_base_token_balance = balance.base_coin.total
diff --git a/bindings/python/examples/how_tos/accounts_and_addresses/check_balance.py b/bindings/python/examples/how_tos/accounts_and_addresses/check_balance.py
index 27160b5ce0..4c85509ddc 100644
--- a/bindings/python/examples/how_tos/accounts_and_addresses/check_balance.py
+++ b/bindings/python/examples/how_tos/accounts_and_addresses/check_balance.py
@@ -13,7 +13,7 @@
 
 wallet = Wallet(WalletOptions(storage_path=os.environ.get('WALLET_DB_PATH')))
 
-# Sync account with the node
+# Sync wallet with the node
 _balance = wallet.sync()
 
 # Just calculate the balance with the known state
diff --git a/bindings/python/examples/how_tos/accounts_and_addresses/consolidate_outputs.py b/bindings/python/examples/how_tos/accounts_and_addresses/consolidate_outputs.py
index 8d26f90f17..940e6f8c12 100644
--- a/bindings/python/examples/how_tos/accounts_and_addresses/consolidate_outputs.py
+++ b/bindings/python/examples/how_tos/accounts_and_addresses/consolidate_outputs.py
@@ -17,7 +17,7 @@
 wallet = Wallet(WalletOptions(storage_path=os.environ.get('WALLET_DB_PATH')))
 wallet.set_stronghold_password(os.environ['STRONGHOLD_PASSWORD'])
 
-# Sync account to make sure account is updated with outputs from previous
+# Sync wallet to make sure account is updated with outputs from previous
 # examples.
 wallet.sync()
 print('Account synced')
diff --git a/bindings/python/examples/how_tos/advanced_transactions/advanced_transaction.py b/bindings/python/examples/how_tos/advanced_transactions/advanced_transaction.py
index 9fd27e4e25..309cbac125 100644
--- a/bindings/python/examples/how_tos/advanced_transactions/advanced_transaction.py
+++ b/bindings/python/examples/how_tos/advanced_transactions/advanced_transaction.py
@@ -21,7 +21,7 @@
 
 wallet = Wallet(WalletOptions(storage_path=os.environ.get('WALLET_DB_PATH')))
 
-# Sync account with the node
+# Sync wallet with the node
 response = wallet.sync()
 
 if 'STRONGHOLD_PASSWORD' not in os.environ:
diff --git a/bindings/python/examples/how_tos/advanced_transactions/claim_transaction.py b/bindings/python/examples/how_tos/advanced_transactions/claim_transaction.py
index 0ebca3b8c6..fe252f762d 100644
--- a/bindings/python/examples/how_tos/advanced_transactions/claim_transaction.py
+++ b/bindings/python/examples/how_tos/advanced_transactions/claim_transaction.py
@@ -16,7 +16,7 @@
 
 wallet.set_stronghold_password(os.environ["STRONGHOLD_PASSWORD"])
 
-# Sync account with the node
+# Sync wallet with the node
 response = wallet.sync()
 
 # Only the unspent outputs in the account
diff --git a/bindings/python/examples/how_tos/advanced_transactions/send_micro_transaction.py b/bindings/python/examples/how_tos/advanced_transactions/send_micro_transaction.py
index 4868f2d9ac..f95aa8cde9 100644
--- a/bindings/python/examples/how_tos/advanced_transactions/send_micro_transaction.py
+++ b/bindings/python/examples/how_tos/advanced_transactions/send_micro_transaction.py
@@ -10,7 +10,7 @@
 
 wallet = Wallet(WalletOptions(storage_path=os.environ.get('WALLET_DB_PATH')))
 
-# Sync account with the node
+# Sync wallet with the node
 response = wallet.sync()
 
 if 'STRONGHOLD_PASSWORD' not in os.environ:
diff --git a/bindings/python/examples/how_tos/native_tokens/burn.py b/bindings/python/examples/how_tos/native_tokens/burn.py
index 48d6efac81..7ad18ceb4e 100644
--- a/bindings/python/examples/how_tos/native_tokens/burn.py
+++ b/bindings/python/examples/how_tos/native_tokens/burn.py
@@ -8,7 +8,7 @@
 
 wallet = Wallet(WalletOptions(storage_path=os.environ.get('WALLET_DB_PATH')))
 
-# Sync account with the node
+# Sync wallet with the node
 balance = wallet.sync()
 
 if 'STRONGHOLD_PASSWORD' not in os.environ:
diff --git a/bindings/python/examples/how_tos/native_tokens/create.py b/bindings/python/examples/how_tos/native_tokens/create.py
index 16f8bf8752..883f07926e 100644
--- a/bindings/python/examples/how_tos/native_tokens/create.py
+++ b/bindings/python/examples/how_tos/native_tokens/create.py
@@ -15,7 +15,7 @@
 
 wallet.set_stronghold_password(os.environ["STRONGHOLD_PASSWORD"])
 
-# Sync account with the node
+# Sync wallet with the node
 balance = wallet.sync()
 
 # We can first check if we already have an account output in our account, because
diff --git a/bindings/python/examples/how_tos/native_tokens/destroy_foundry.py b/bindings/python/examples/how_tos/native_tokens/destroy_foundry.py
index b8aefd2a83..8682b1dad7 100644
--- a/bindings/python/examples/how_tos/native_tokens/destroy_foundry.py
+++ b/bindings/python/examples/how_tos/native_tokens/destroy_foundry.py
@@ -8,7 +8,7 @@
 
 wallet = Wallet(WalletOptions(storage_path=os.environ.get('WALLET_DB_PATH')))
 
-# Sync account with the node
+# Sync wallet with the node
 balance = wallet.sync()
 print(f'Foundries before destroying: {len(balance.foundries)}')
 
diff --git a/bindings/python/examples/how_tos/native_tokens/melt.py b/bindings/python/examples/how_tos/native_tokens/melt.py
index 83526cbb40..dd66fd965d 100644
--- a/bindings/python/examples/how_tos/native_tokens/melt.py
+++ b/bindings/python/examples/how_tos/native_tokens/melt.py
@@ -10,7 +10,7 @@
 
 wallet = Wallet(WalletOptions(storage_path=os.environ.get('WALLET_DB_PATH')))
 
-# Sync account with the node
+# Sync wallet with the node
 balance = wallet.sync()
 
 # Find first foundry and corresponding token id
diff --git a/bindings/python/examples/how_tos/native_tokens/mint.py b/bindings/python/examples/how_tos/native_tokens/mint.py
index 564e68aea1..517eab633a 100644
--- a/bindings/python/examples/how_tos/native_tokens/mint.py
+++ b/bindings/python/examples/how_tos/native_tokens/mint.py
@@ -10,7 +10,7 @@
 
 wallet = Wallet(WalletOptions(storage_path=os.environ.get('WALLET_DB_PATH')))
 
-# Sync account with the node
+# Sync wallet with the node
 balance = wallet.sync()
 
 # Find first foundry and corresponding token id
diff --git a/bindings/python/examples/how_tos/native_tokens/send.py b/bindings/python/examples/how_tos/native_tokens/send.py
index 1e2e8e45db..d960dd1191 100644
--- a/bindings/python/examples/how_tos/native_tokens/send.py
+++ b/bindings/python/examples/how_tos/native_tokens/send.py
@@ -10,7 +10,7 @@
 
 wallet = Wallet(WalletOptions(storage_path=os.environ.get('WALLET_DB_PATH')))
 
-# Sync account with the node
+# Sync wallet with the node
 balance = wallet.sync()
 
 token = [native_balance for native_balance in balance.native_tokens if int(
diff --git a/bindings/python/examples/how_tos/nft_collection/00_mint_issuer_nft.py b/bindings/python/examples/how_tos/nft_collection/00_mint_issuer_nft.py
index 3a4ce4fc8e..0aadd23767 100644
--- a/bindings/python/examples/how_tos/nft_collection/00_mint_issuer_nft.py
+++ b/bindings/python/examples/how_tos/nft_collection/00_mint_issuer_nft.py
@@ -15,7 +15,7 @@
 
 wallet.set_stronghold_password(os.environ["STRONGHOLD_PASSWORD"])
 
-# Sync account with the node
+# Sync wallet with the node
 wallet.sync()
 
 # Issue the minting transaction and wait for its inclusion
diff --git a/bindings/python/examples/how_tos/nft_collection/01_mint_collection_nft.py b/bindings/python/examples/how_tos/nft_collection/01_mint_collection_nft.py
index ef097ff96d..25003d6b41 100644
--- a/bindings/python/examples/how_tos/nft_collection/01_mint_collection_nft.py
+++ b/bindings/python/examples/how_tos/nft_collection/01_mint_collection_nft.py
@@ -26,7 +26,7 @@
 
 wallet.set_stronghold_password(os.environ["STRONGHOLD_PASSWORD"])
 
-# Sync account with the node
+# Sync wallet with the node
 wallet.sync()
 
 bech32_hrp = wallet.get_client().get_bech32_hrp()
diff --git a/bindings/python/examples/how_tos/nfts/burn_nft.py b/bindings/python/examples/how_tos/nfts/burn_nft.py
index 53730cd112..aa51158a18 100644
--- a/bindings/python/examples/how_tos/nfts/burn_nft.py
+++ b/bindings/python/examples/how_tos/nfts/burn_nft.py
@@ -14,7 +14,7 @@
 
 wallet.set_stronghold_password(os.environ["STRONGHOLD_PASSWORD"])
 
-# Sync account with the node
+# Sync wallet with the node
 balance = wallet.sync()
 
 nftId = balance.nfts[0]
diff --git a/bindings/python/examples/how_tos/nfts/mint_nft.py b/bindings/python/examples/how_tos/nfts/mint_nft.py
index 8c84c2149b..adee0a54bd 100644
--- a/bindings/python/examples/how_tos/nfts/mint_nft.py
+++ b/bindings/python/examples/how_tos/nfts/mint_nft.py
@@ -15,7 +15,7 @@
 
 wallet.set_stronghold_password(os.environ["STRONGHOLD_PASSWORD"])
 
-# Sync account with the node
+# Sync wallet with the node
 response = wallet.sync()
 
 outputs = [MintNftParams(
diff --git a/bindings/python/examples/how_tos/nfts/send_nft.py b/bindings/python/examples/how_tos/nfts/send_nft.py
index b67c801d2a..9908e5ca6a 100644
--- a/bindings/python/examples/how_tos/nfts/send_nft.py
+++ b/bindings/python/examples/how_tos/nfts/send_nft.py
@@ -15,7 +15,7 @@
 
 wallet.set_stronghold_password(os.environ["STRONGHOLD_PASSWORD"])
 
-# Sync account with the node
+# Sync wallet with the node
 balance = wallet.sync()
 
 outputs = [SendNftParams(
diff --git a/bindings/python/examples/how_tos/simple_transaction/simple_transaction.py b/bindings/python/examples/how_tos/simple_transaction/simple_transaction.py
index 9c59b57a57..3e8492db02 100644
--- a/bindings/python/examples/how_tos/simple_transaction/simple_transaction.py
+++ b/bindings/python/examples/how_tos/simple_transaction/simple_transaction.py
@@ -10,7 +10,7 @@
 
 wallet = Wallet(WalletOptions(storage_path=os.environ.get('WALLET_DB_PATH')))
 
-# Sync account with the node
+# Sync wallet with the node
 response = wallet.sync()
 
 if 'STRONGHOLD_PASSWORD' not in os.environ:
diff --git a/bindings/python/iota_sdk/wallet/wallet.py b/bindings/python/iota_sdk/wallet/wallet.py
index 69f72dbff3..af776926b4 100644
--- a/bindings/python/iota_sdk/wallet/wallet.py
+++ b/bindings/python/iota_sdk/wallet/wallet.py
@@ -737,7 +737,7 @@ def sign_transaction(
 
     def sign_and_submit_transaction(
             self, prepared_transaction_data: PreparedTransactionData) -> TransactionWithMetadata:
-        """Validate the transaction, sign it, submit it to a node and store it in the account.
+        """Validate the transaction, sign it, submit it to a node and store it in the wallet.
         """
         return TransactionWithMetadata.from_dict(self._call_method(
             'signAndSubmitTransaction', {