diff --git a/app/upgrades/multi-staking/upgrade.go b/app/upgrades/multi-staking/upgrade.go
index b8dc9c9c..9aaa9f18 100644
--- a/app/upgrades/multi-staking/upgrade.go
+++ b/app/upgrades/multi-staking/upgrade.go
@@ -57,12 +57,6 @@ func CreateUpgradeHandler(
 			panic(err)
 		}
 
-		// create multi staking module account
-		ak.GetModuleAccount(ctx, multistakingtypes.ModuleName)
-
-		// migrate bank
-		migrateBank(ctx, bk)
-
 		// migrate multistaking
 		appState, err = migrateMultiStaking(appState)
 		if err != nil {
@@ -80,6 +74,9 @@ func CreateUpgradeHandler(
 		vm[multistakingtypes.ModuleName] = multistaking.AppModule{}.ConsensusVersion()
 		mm.Modules[multistakingtypes.ModuleName].InitGenesis(ctx, cdc, appState[multistakingtypes.ModuleName])
 
+		// migrate bank
+		migrateBank(ctx, bk)
+
 		return mm.RunMigrations(ctx, configurator, vm)
 	}
 }