diff --git a/src/script/standard.cpp b/src/script/standard.cpp
index 66657127ab..1d5aac7b34 100644
--- a/src/script/standard.cpp
+++ b/src/script/standard.cpp
@@ -286,6 +286,11 @@ CScript GetScriptForDestination(const CTxDestination& dest)
     return script;
 }
 
+CScript GetScriptForRawPubKey(const CPubKey& pubKey)
+{
+    return CScript() << std::vector<unsigned char>(pubKey.begin(), pubKey.end()) << OP_CHECKSIG;
+}
+
 CScript GetScriptForMultisig(int nRequired, const std::vector<CPubKey>& keys)
 {
     CScript script;
diff --git a/src/script/standard.h b/src/script/standard.h
index 46ae5f9f10..9e17dac700 100644
--- a/src/script/standard.h
+++ b/src/script/standard.h
@@ -73,6 +73,7 @@ bool ExtractDestination(const CScript& scriptPubKey, CTxDestination& addressRet)
 bool ExtractDestinations(const CScript& scriptPubKey, txnouttype& typeRet, std::vector<CTxDestination>& addressRet, int& nRequiredRet);
 
 CScript GetScriptForDestination(const CTxDestination& dest);
+CScript GetScriptForRawPubKey(const CPubKey& pubkey);
 CScript GetScriptForMultisig(int nRequired, const std::vector<CPubKey>& keys);
 
 #endif // BITCOIN_SCRIPT_STANDARD_H
diff --git a/src/wallet/wallet.cpp b/src/wallet/wallet.cpp
index 7b3cd9803b..c118008633 100644
--- a/src/wallet/wallet.cpp
+++ b/src/wallet/wallet.cpp
@@ -106,6 +106,9 @@ bool CWallet::AddKeyPubKey(const CKey& secret, const CPubKey &pubkey)
     // check if we need to remove from watch-only
     CScript script;
     script = GetScriptForDestination(pubkey.GetID());
+    if (HaveWatchOnly(script))
+        RemoveWatchOnly(script);
+    script = GetScriptForRawPubKey(pubkey);
     if (HaveWatchOnly(script))
         RemoveWatchOnly(script);