diff --git a/src/Makefile.am b/src/Makefile.am
index 7490d8b7906..e3f5734c0b8 100644
--- a/src/Makefile.am
+++ b/src/Makefile.am
@@ -196,6 +196,7 @@ BITCOIN_CORE_H = \
   txmempool.h \
   ui_interface.h \
   undo.h \
+  util/bip32.h \
   util/bytevectorhash.h \
   util/system.h \
   util/memory.h \
@@ -456,6 +457,7 @@ libbitcoin_util_a_SOURCES = \
   support/cleanse.cpp \
   sync.cpp \
   threadinterrupt.cpp \
+  util/bip32.cpp \
   util/bytevectorhash.cpp \
   util/system.cpp \
   util/moneystr.cpp \
diff --git a/src/rpc/rawtransaction.cpp b/src/rpc/rawtransaction.cpp
index 7fe73e56da1..3c7fa7b8069 100644
--- a/src/rpc/rawtransaction.cpp
+++ b/src/rpc/rawtransaction.cpp
@@ -26,6 +26,7 @@
 #include <script/sign.h>
 #include <script/standard.h>
 #include <uint256.h>
+#include <util/bip32.h>
 #include <util/strencodings.h>
 #include <validation.h>
 #include <validationinterface.h>
diff --git a/src/script/descriptor.cpp b/src/script/descriptor.cpp
index 41e0f2e1176..532a8028a28 100644
--- a/src/script/descriptor.cpp
+++ b/src/script/descriptor.cpp
@@ -10,6 +10,7 @@
 #include <script/standard.h>
 
 #include <span.h>
+#include <util/bip32.h>
 #include <util/system.h>
 #include <util/strencodings.h>
 
@@ -25,16 +26,6 @@ namespace {
 
 typedef std::vector<uint32_t> KeyPath;
 
-std::string FormatKeyPath(const KeyPath& path)
-{
-    std::string ret;
-    for (auto i : path) {
-        ret += strprintf("/%i", (i << 1) >> 1);
-        if (i >> 31) ret += '\'';
-    }
-    return ret;
-}
-
 /** Interface for public key objects in descriptors. */
 struct PubkeyProvider
 {
@@ -63,7 +54,7 @@ class OriginPubkeyProvider final : public PubkeyProvider
 
     std::string OriginString() const
     {
-        return HexStr(std::begin(m_origin.fingerprint), std::end(m_origin.fingerprint)) + FormatKeyPath(m_origin.path);
+        return HexStr(std::begin(m_origin.fingerprint), std::end(m_origin.fingerprint)) + FormatHDKeypath(m_origin.path);
     }
 
 public:
@@ -184,7 +175,7 @@ public:
     }
     std::string ToString() const override
     {
-        std::string ret = EncodeExtPubKey(m_extkey) + FormatKeyPath(m_path);
+        std::string ret = EncodeExtPubKey(m_extkey) + FormatHDKeypath(m_path);
         if (IsRange()) {
             ret += "/*";
             if (m_derive == DeriveType::HARDENED) ret += '\'';
@@ -195,7 +186,7 @@ public:
     {
         CExtKey key;
         if (!GetExtKey(arg, key)) return false;
-        out = EncodeExtKey(key) + FormatKeyPath(m_path);
+        out = EncodeExtKey(key) + FormatHDKeypath(m_path);
         if (IsRange()) {
             out += "/*";
             if (m_derive == DeriveType::HARDENED) out += '\'';
diff --git a/src/util/bip32.cpp b/src/util/bip32.cpp
new file mode 100644
index 00000000000..6f176dd5ec3
--- /dev/null
+++ b/src/util/bip32.cpp
@@ -0,0 +1,66 @@
+// Copyright (c) 2019 The Bitcoin Core developers
+// Distributed under the MIT software license, see the accompanying
+// file COPYING or http://www.opensource.org/licenses/mit-license.php.
+
+#include <sstream>
+#include <stdio.h>
+#include <tinyformat.h>
+#include <util/bip32.h>
+#include <util/strencodings.h>
+
+
+bool ParseHDKeypath(const std::string& keypath_str, std::vector<uint32_t>& keypath)
+{
+    std::stringstream ss(keypath_str);
+    std::string item;
+    bool first = true;
+    while (std::getline(ss, item, '/')) {
+        if (item.compare("m") == 0) {
+            if (first) {
+                first = false;
+                continue;
+            }
+            return false;
+        }
+        // Finds whether it is hardened
+        uint32_t path = 0;
+        size_t pos = item.find("'");
+        if (pos != std::string::npos) {
+            // The hardened tick can only be in the last index of the string
+            if (pos != item.size() - 1) {
+                return false;
+            }
+            path |= 0x80000000;
+            item = item.substr(0, item.size() - 1); // Drop the last character which is the hardened tick
+        }
+
+        // Ensure this is only numbers
+        if (item.find_first_not_of( "0123456789" ) != std::string::npos) {
+            return false;
+        }
+        uint32_t number;
+        if (!ParseUInt32(item, &number)) {
+            return false;
+        }
+        path |= number;
+
+        keypath.push_back(path);
+        first = false;
+    }
+    return true;
+}
+
+std::string FormatHDKeypath(const std::vector<uint32_t>& path)
+{
+    std::string ret;
+    for (auto i : path) {
+        ret += strprintf("/%i", (i << 1) >> 1);
+        if (i >> 31) ret += '\'';
+    }
+    return ret;
+}
+
+std::string WriteHDKeypath(const std::vector<uint32_t>& keypath)
+{
+    return "m" + FormatHDKeypath(keypath);
+}
diff --git a/src/util/bip32.h b/src/util/bip32.h
new file mode 100644
index 00000000000..7e58b79f38a
--- /dev/null
+++ b/src/util/bip32.h
@@ -0,0 +1,19 @@
+// Copyright (c) 2019 The Bitcoin Core developers
+// Distributed under the MIT software license, see the accompanying
+// file COPYING or http://www.opensource.org/licenses/mit-license.php.
+
+#ifndef BITCOIN_UTIL_BIP32_H
+#define BITCOIN_UTIL_BIP32_H
+
+#include <attributes.h>
+#include <string>
+#include <vector>
+
+/** Parse an HD keypaths like "m/7/0'/2000". */
+NODISCARD bool ParseHDKeypath(const std::string& keypath_str, std::vector<uint32_t>& keypath);
+
+/** Write HD keypaths as strings */
+std::string WriteHDKeypath(const std::vector<uint32_t>& keypath);
+std::string FormatHDKeypath(const std::vector<uint32_t>& path);
+
+#endif // BITCOIN_UTIL_BIP32_H
diff --git a/src/util/strencodings.cpp b/src/util/strencodings.cpp
index b55547bc63c..0acbb4f117f 100644
--- a/src/util/strencodings.cpp
+++ b/src/util/strencodings.cpp
@@ -546,47 +546,6 @@ bool ParseFixedPoint(const std::string &val, int decimals, int64_t *amount_out)
     return true;
 }
 
-bool ParseHDKeypath(const std::string& keypath_str, std::vector<uint32_t>& keypath)
-{
-    std::stringstream ss(keypath_str);
-    std::string item;
-    bool first = true;
-    while (std::getline(ss, item, '/')) {
-        if (item.compare("m") == 0) {
-            if (first) {
-                first = false;
-                continue;
-            }
-            return false;
-        }
-        // Finds whether it is hardened
-        uint32_t path = 0;
-        size_t pos = item.find("'");
-        if (pos != std::string::npos) {
-            // The hardened tick can only be in the last index of the string
-            if (pos != item.size() - 1) {
-                return false;
-            }
-            path |= 0x80000000;
-            item = item.substr(0, item.size() - 1); // Drop the last character which is the hardened tick
-        }
-
-        // Ensure this is only numbers
-        if (item.find_first_not_of( "0123456789" ) != std::string::npos) {
-            return false;
-        }
-        uint32_t number;
-        if (!ParseUInt32(item, &number)) {
-            return false;
-        }
-        path |= number;
-
-        keypath.push_back(path);
-        first = false;
-    }
-    return true;
-}
-
 void Downcase(std::string& str)
 {
     std::transform(str.begin(), str.end(), str.begin(), [](char c){return ToLower(c);});
diff --git a/src/util/strencodings.h b/src/util/strencodings.h
index 59eefff566f..cf770440941 100644
--- a/src/util/strencodings.h
+++ b/src/util/strencodings.h
@@ -197,9 +197,6 @@ bool ConvertBits(const O& outfn, I it, I end) {
     return true;
 }
 
-/** Parse an HD keypaths like "m/7/0'/2000". */
-NODISCARD bool ParseHDKeypath(const std::string& keypath_str, std::vector<uint32_t>& keypath);
-
 /**
  * Converts the given character to its lowercase equivalent.
  * This function is locale independent. It only converts uppercase
diff --git a/src/wallet/rpcwallet.cpp b/src/wallet/rpcwallet.cpp
index 9e362cf1676..21edd9686c3 100644
--- a/src/wallet/rpcwallet.cpp
+++ b/src/wallet/rpcwallet.cpp
@@ -27,6 +27,7 @@
 #include <script/sign.h>
 #include <shutdown.h>
 #include <timedata.h>
+#include <util/bip32.h>
 #include <util/system.h>
 #include <util/moneystr.h>
 #include <wallet/coincontrol.h>
diff --git a/src/wallet/test/psbt_wallet_tests.cpp b/src/wallet/test/psbt_wallet_tests.cpp
index e89d4121bcc..2a3149de465 100644
--- a/src/wallet/test/psbt_wallet_tests.cpp
+++ b/src/wallet/test/psbt_wallet_tests.cpp
@@ -4,6 +4,7 @@
 
 #include <key_io.h>
 #include <script/sign.h>
+#include <util/bip32.h>
 #include <util/strencodings.h>
 #include <wallet/psbtwallet.h>
 #include <wallet/rpcwallet.h>
diff --git a/src/wallet/wallet.cpp b/src/wallet/wallet.cpp
index 063015d1d8d..69e8b083593 100644
--- a/src/wallet/wallet.cpp
+++ b/src/wallet/wallet.cpp
@@ -27,6 +27,7 @@
 #include <shutdown.h>
 #include <timedata.h>
 #include <txmempool.h>
+#include <util/bip32.h>
 #include <util/moneystr.h>
 #include <wallet/fees.h>