diff --git a/app/Handlers/Events/StoredJournalEventHandler.php b/app/Handlers/Events/StoredJournalEventHandler.php
index 2ea6f97659..ae67587d67 100644
--- a/app/Handlers/Events/StoredJournalEventHandler.php
+++ b/app/Handlers/Events/StoredJournalEventHandler.php
@@ -20,6 +20,7 @@ use FireflyIII\Models\PiggyBankRepetition;
 use FireflyIII\Models\Rule;
 use FireflyIII\Models\RuleGroup;
 use FireflyIII\Models\TransactionJournal;
+use FireflyIII\Models\TransactionType;
 use FireflyIII\Rules\Processor;
 use FireflyIII\Support\Events\BillScanner;
 use Log;
@@ -45,6 +46,16 @@ class StoredJournalEventHandler
         $piggyBankId = $event->piggyBankId;
         Log::debug(sprintf('Trying to connect journal %d to piggy bank %d.', $journal->id, $piggyBankId));
 
+        /*
+         * Will only continue when journal is a transfer.
+         */
+        Log::debug(sprintf('Journal transaction type is %s', $journal->transactionType->type));
+        if ($journal->transactionType->type !== TransactionType::TRANSFER) {
+            Log::info(sprintf('Will not connect %s #%d to a piggy bank.', $journal->transactionType->type, $journal->id));
+
+            return true;
+        }
+
         /*
          * Verify existence of piggy bank:
          */