diff --git a/.vscode/settings.json b/.vscode/settings.json
index 0b900924e..45d553f7d 100644
--- a/.vscode/settings.json
+++ b/.vscode/settings.json
@@ -3,7 +3,9 @@
     "./cosmwasm/Cargo.toml",
     "./cosmwasm/enclaves/Cargo.toml",
     "./x/compute/internal/keeper/testdata/v1-sanity-contract/Cargo.toml",
-    "./x/compute/internal/keeper/testdata/test-contract/Cargo.toml"
+    "./x/compute/internal/keeper/testdata/test-contract/Cargo.toml",
+    "./cosmwasm/enclaves/shared/cosmwasm-v1-types/Cargo.toml",
+    "./cosmwasm/enclaves/shared/cosmwasm-v010-types/Cargo.toml"
   ],
   "rust-analyzer.diagnostics.experimental.enable": true,
   "rust-analyzer.rustfmt.rangeFormatting.enable": true,
diff --git a/cosmwasm/enclaves/shared/contract-engine/src/contract_operations.rs b/cosmwasm/enclaves/shared/contract-engine/src/contract_operations.rs
index dd9d91d94..980734985 100644
--- a/cosmwasm/enclaves/shared/contract-engine/src/contract_operations.rs
+++ b/cosmwasm/enclaves/shared/contract-engine/src/contract_operations.rs
@@ -538,7 +538,7 @@ pub fn parse_message(
 
             match orig_secret_msg.decrypt() {
                 Ok(decrypted_msg) => {
-                    // IBC packet is encrypted
+                    // IBC packet was encrypted
 
                     trace!(
                         "ibc_packet_receive input before decryption: {:?}",
diff --git a/cosmwasm/enclaves/shared/cosmwasm-v1-types/src/ibc.rs b/cosmwasm/enclaves/shared/cosmwasm-v1-types/src/ibc.rs
new file mode 100644
index 000000000..311e89d0b
--- /dev/null
+++ b/cosmwasm/enclaves/shared/cosmwasm-v1-types/src/ibc.rs
@@ -0,0 +1,123 @@
+use crate::addresses::Addr;
+use crate::timestamp::Timestamp;
+use serde::{Deserialize, Serialize};
+
+/// The message that is passed into `ibc_channel_open`
+#[derive(Serialize, Deserialize, Clone, Debug, PartialEq)]
+#[serde(rename_all = "snake_case")]
+pub enum IbcChannelOpenMsg {
+    /// The ChanOpenInit step from https://github.com/cosmos/ibc/tree/master/spec/core/ics-004-channel-and-packet-semantics#channel-lifecycle-management
+    OpenInit { channel: IbcChannel },
+    /// The ChanOpenTry step from https://github.com/cosmos/ibc/tree/master/spec/core/ics-004-channel-and-packet-semantics#channel-lifecycle-management
+    OpenTry {
+        channel: IbcChannel,
+        counterparty_version: String,
+    },
+}
+
+/// IbcChannel defines all information on a channel.
+/// This is generally used in the hand-shake process, but can be queried directly.
+#[derive(Serialize, Deserialize, Clone, Debug, PartialEq)]
+pub struct IbcChannel {
+    pub endpoint: IbcEndpoint,
+    pub counterparty_endpoint: IbcEndpoint,
+    pub order: IbcOrder,
+    /// Note: in ibcv3 this may be "", in the IbcOpenChannel handshake messages
+    pub version: String,
+    /// The connection upon which this channel was created. If this is a multi-hop
+    /// channel, we only expose the first hop.
+    pub connection_id: String,
+}
+
+#[derive(Serialize, Deserialize, Clone, Debug, PartialEq)]
+pub struct IbcEndpoint {
+    pub port_id: String,
+    pub channel_id: String,
+}
+
+/// IbcOrder defines if a channel is ORDERED or UNORDERED
+/// Values come from https://github.com/cosmos/cosmos-sdk/blob/v0.40.0/proto/ibc/core/channel/v1/channel.proto#L69-L80
+/// Naming comes from the protobuf files and go translations.
+#[derive(Serialize, Deserialize, Clone, Debug, PartialEq)]
+pub enum IbcOrder {
+    #[serde(rename = "ORDER_UNORDERED")]
+    Unordered,
+    #[serde(rename = "ORDER_ORDERED")]
+    Ordered,
+}
+
+/// The message that is passed into `ibc_channel_connect`
+#[derive(Serialize, Deserialize, Clone, Debug, PartialEq)]
+#[serde(rename_all = "snake_case")]
+pub enum IbcChannelConnectMsg {
+    /// The ChanOpenAck step from https://github.com/cosmos/ibc/tree/master/spec/core/ics-004-channel-and-packet-semantics#channel-lifecycle-management
+    OpenAck {
+        channel: IbcChannel,
+        counterparty_version: String,
+    },
+    /// The ChanOpenConfirm step from https://github.com/cosmos/ibc/tree/master/spec/core/ics-004-channel-and-packet-semantics#channel-lifecycle-management
+    OpenConfirm { channel: IbcChannel },
+}
+
+/// The message that is passed into `ibc_channel_close`
+#[derive(Serialize, Deserialize, Clone, Debug, PartialEq)]
+#[serde(rename_all = "snake_case")]
+pub enum IbcChannelCloseMsg {
+    /// The ChanCloseInit step from https://github.com/cosmos/ibc/tree/master/spec/core/ics-004-channel-and-packet-semantics#channel-lifecycle-management
+    CloseInit { channel: IbcChannel },
+    /// The ChanCloseConfirm step from https://github.com/cosmos/ibc/tree/master/spec/core/ics-004-channel-and-packet-semantics#channel-lifecycle-management
+    CloseConfirm { channel: IbcChannel }, // pub channel: IbcChannel,
+}
+
+/// The message that is passed into `ibc_packet_receive`
+#[derive(Serialize, Deserialize, Clone, Debug, PartialEq)]
+pub struct IbcPacketReceiveMsg {
+    pub packet: IbcPacket,
+    pub relayer: Addr,
+}
+
+#[derive(Serialize, Deserialize, Clone, Debug, PartialEq)]
+pub struct IbcPacket {
+    /// The raw data sent from the other side in the packet
+    pub data: Binary,
+    /// identifies the channel and port on the sending chain.
+    pub src: IbcEndpoint,
+    /// identifies the channel and port on the receiving chain.
+    pub dest: IbcEndpoint,
+    /// The sequence number of the packet on the given channel
+    pub sequence: u64,
+    pub timeout: IbcTimeout,
+}
+
+/// In IBC each package must set at least one type of timeout:
+/// the timestamp or the block height. Using this rather complex enum instead of
+/// two timeout fields we ensure that at least one timeout is set.
+#[derive(Serialize, Deserialize, Clone, Debug, PartialEq)]
+#[serde(rename_all = "snake_case")]
+pub struct IbcTimeout {
+    // use private fields to enforce the use of constructors, which ensure that at least one is set
+    block: Option<IbcTimeoutBlock>,
+    timestamp: Option<Timestamp>,
+}
+
+/// IBCTimeoutHeight Height is a monotonically increasing data type
+/// that can be compared against another Height for the purposes of updating and
+/// freezing clients.
+/// Ordering is (revision_number, timeout_height)
+#[derive(Serialize, Deserialize, Copy, Clone, Debug, PartialEq, Eq)]
+pub struct IbcTimeoutBlock {
+    /// the version that the client is currently on
+    /// (eg. after reseting the chain this could increment 1 as height drops to 0)
+    pub revision: u64,
+    /// block height after which the packet times out.
+    /// the height within the given revision
+    pub height: u64,
+}
+
+/// The message that is passed into `ibc_packet_ack`
+#[derive(Serialize, Deserialize, Clone, Debug, PartialEq)]
+pub struct IbcPacketAckMsg {
+    pub acknowledgement: IbcAcknowledgement,
+    pub original_packet: IbcPacket,
+    pub relayer: Addr,
+}
diff --git a/cosmwasm/enclaves/shared/cosmwasm-v1-types/src/lib.rs b/cosmwasm/enclaves/shared/cosmwasm-v1-types/src/lib.rs
index 310434644..62f52dc66 100644
--- a/cosmwasm/enclaves/shared/cosmwasm-v1-types/src/lib.rs
+++ b/cosmwasm/enclaves/shared/cosmwasm-v1-types/src/lib.rs
@@ -2,6 +2,7 @@
 pub mod addresses;
 pub mod coins;
 pub mod errors;
+pub mod ibc;
 pub mod math;
 pub mod results;
 pub mod timestamp;
diff --git a/x/compute/internal/keeper/testdata/v1-sanity-contract/src/msg.rs b/x/compute/internal/keeper/testdata/v1-sanity-contract/src/msg.rs
index 929213d67..4b8253550 100644
--- a/x/compute/internal/keeper/testdata/v1-sanity-contract/src/msg.rs
+++ b/x/compute/internal/keeper/testdata/v1-sanity-contract/src/msg.rs
@@ -141,6 +141,12 @@ pub enum ExecuteMsg {
     SubMsgLoopIner {
         iter: u64,
     },
+    SentFunds {
+to_type: "init"/"exec"
+to_contract: "secret1.."
+to_contract_hash: "ABC"
+funds
+    },
     MultipleSubMessages {},
     MultipleSubMessagesNoReply {},
     QuickError {},