diff --git a/pkg/wallet/account.go b/pkg/wallet/account.go
index dc8e75b90..c1ddd1317 100644
--- a/pkg/wallet/account.go
+++ b/pkg/wallet/account.go
@@ -1,6 +1,8 @@
 package wallet
 
 import (
+	"errors"
+
 	"github.com/CityOfZion/neo-go/pkg/crypto/keys"
 	"github.com/CityOfZion/neo-go/pkg/util"
 )
@@ -60,14 +62,16 @@ func NewAccount() (*Account, error) {
 	return newAccountFromPrivateKey(priv), nil
 }
 
-// DecryptAccount decrypts the encryptedWIF with the given passphrase and
-// return the decrypted Account.
-func DecryptAccount(encryptedWIF, passphrase string) (*Account, error) {
-	key, err := keys.NEP2Decrypt(encryptedWIF, passphrase)
-	if err != nil {
-		return nil, err
+// Decrypt decrypts the EncryptedWIF with the given passphrase returning error
+// if anything goes wrong.
+func (a *Account) Decrypt(passphrase string) error {
+	var err error
+
+	if a.EncryptedWIF == "" {
+		return errors.New("no encrypted wif in the account")
 	}
-	return newAccountFromPrivateKey(key), nil
+	a.privateKey, err = keys.NEP2Decrypt(a.EncryptedWIF, passphrase)
+	return err
 }
 
 // Encrypt encrypts the wallet's PrivateKey with the given passphrase
diff --git a/pkg/wallet/account_test.go b/pkg/wallet/account_test.go
index 343c993bc..b82af7e24 100644
--- a/pkg/wallet/account_test.go
+++ b/pkg/wallet/account_test.go
@@ -6,6 +6,7 @@ import (
 
 	"github.com/CityOfZion/neo-go/pkg/internal/keytestcases"
 	"github.com/stretchr/testify/assert"
+	"github.com/stretchr/testify/require"
 )
 
 func TestNewAccount(t *testing.T) {
@@ -23,15 +24,21 @@ func TestNewAccount(t *testing.T) {
 
 func TestDecryptAccount(t *testing.T) {
 	for _, testCase := range keytestcases.Arr {
-		acc, err := DecryptAccount(testCase.EncryptedWif, testCase.Passphrase)
+		acc := &Account{EncryptedWIF: testCase.EncryptedWif}
+		assert.Nil(t, acc.PrivateKey())
+		err := acc.Decrypt(testCase.Passphrase)
 		if testCase.Invalid {
 			assert.Error(t, err)
 			continue
 		}
 
 		assert.NoError(t, err)
-		compareFields(t, testCase, acc)
+		assert.NotNil(t, acc.PrivateKey())
+		assert.Equal(t, testCase.PrivateKey, acc.privateKey.String())
 	}
+	// No encrypted key.
+	acc := &Account{}
+	require.Error(t, acc.Decrypt("qwerty"))
 }
 
 func TestNewFromWif(t *testing.T) {