diff --git a/src/libwalletqt/WalletManager.cpp b/src/libwalletqt/WalletManager.cpp
index 37f04f71..0ff8d74d 100644
--- a/src/libwalletqt/WalletManager.cpp
+++ b/src/libwalletqt/WalletManager.cpp
@@ -7,10 +7,11 @@
 #include <QDebug>
 #include <QUrl>
 #include <QtConcurrent/QtConcurrent>
+#include <QMutex>
+#include <QMutexLocker>
 
 WalletManager * WalletManager::m_instance = nullptr;
 
-
 WalletManager *WalletManager::instance()
 {
     if (!m_instance) {
@@ -23,27 +24,37 @@ WalletManager *WalletManager::instance()
 Wallet *WalletManager::createWallet(const QString &path, const QString &password,
                                     const QString &language, bool testnet)
 {
+    QMutexLocker locker(&m_mutex);
+    if (m_currentWallet) {
+        qDebug() << "Closing open m_currentWallet" << m_currentWallet;
+        delete m_currentWallet;
+    }
     Monero::Wallet * w = m_pimpl->createWallet(path.toStdString(), password.toStdString(),
                                                   language.toStdString(), testnet);
-    Wallet * wallet = new Wallet(w);
-    return wallet;
+    m_currentWallet  = new Wallet(w);
+    return m_currentWallet;
 }
 
 Wallet *WalletManager::openWallet(const QString &path, const QString &password, bool testnet)
 {
+    QMutexLocker locker(&m_mutex);
+    if (m_currentWallet) {
+        qDebug() << "Closing open m_currentWallet" << m_currentWallet;
+        delete m_currentWallet;
+    }
     qDebug("%s: opening wallet at %s, testnet = %d ",
            __PRETTY_FUNCTION__, qPrintable(path), testnet);
 
     Monero::Wallet * w =  m_pimpl->openWallet(path.toStdString(), password.toStdString(), testnet);
     qDebug("%s: opened wallet: %s, status: %d", __PRETTY_FUNCTION__, w->address().c_str(), w->status());
-    Wallet * wallet = new Wallet(w);
+    m_currentWallet  = new Wallet(w);
 
     // move wallet to the GUI thread. Otherwise it wont be emitting signals
-    if (wallet->thread() != qApp->thread()) {
-        wallet->moveToThread(qApp->thread());
+    if (m_currentWallet->thread() != qApp->thread()) {
+        m_currentWallet->moveToThread(qApp->thread());
     }
 
-    return wallet;
+    return m_currentWallet;
 }
 
 void WalletManager::openWalletAsync(const QString &path, const QString &password, bool testnet)
@@ -63,23 +74,34 @@ void WalletManager::openWalletAsync(const QString &path, const QString &password
 
 Wallet *WalletManager::recoveryWallet(const QString &path, const QString &memo, bool testnet, quint64 restoreHeight)
 {
+    QMutexLocker locker(&m_mutex);
+    if (m_currentWallet) {
+        qDebug() << "Closing open m_currentWallet" << m_currentWallet;
+        delete m_currentWallet;
+    }
     Monero::Wallet * w = m_pimpl->recoveryWallet(path.toStdString(), memo.toStdString(), testnet, restoreHeight);
-    Wallet * wallet = new Wallet(w);
-    return wallet;
+    m_currentWallet = new Wallet(w);
+    return m_currentWallet;
 }
 
 
-QString WalletManager::closeWallet(Wallet *wallet)
+QString WalletManager::closeWallet()
 {
-    QString result = wallet->address();
-    delete wallet;
+    QMutexLocker locker(&m_mutex);
+    QString result;
+    if (m_currentWallet) {
+        result = m_currentWallet->address();
+        delete m_currentWallet;
+    } else {
+        qCritical() << "Trying to close non existing wallet " << m_currentWallet;
+        result = "0";
+    }
     return result;
 }
 
-void WalletManager::closeWalletAsync(Wallet *wallet)
+void WalletManager::closeWalletAsync()
 {
-    QFuture<QString> future = QtConcurrent::run(this, &WalletManager::closeWallet,
-                                                wallet);
+    QFuture<QString> future = QtConcurrent::run(this, &WalletManager::closeWallet);
     QFutureWatcher<QString> * watcher = new QFutureWatcher<QString>();
     watcher->setFuture(future);
 
diff --git a/src/libwalletqt/WalletManager.h b/src/libwalletqt/WalletManager.h
index 7dcff8fa..88425f6f 100644
--- a/src/libwalletqt/WalletManager.h
+++ b/src/libwalletqt/WalletManager.h
@@ -4,6 +4,8 @@
 #include <QObject>
 #include <QUrl>
 #include <wallet/wallet2_api.h>
+#include <QMutex>
+#include <QPointer>
 
 class Wallet;
 namespace Monero {
@@ -52,17 +54,15 @@ public:
                                        bool testnet = false, quint64 restoreHeight = 0);
 
     /*!
-     * \brief closeWallet - closes wallet and frees memory
-     * \param wallet
+     * \brief closeWallet - closes current open wallet and frees memory
      * \return wallet address
      */
-    Q_INVOKABLE QString closeWallet(Wallet * wallet);
+    Q_INVOKABLE QString closeWallet();
 
     /*!
      * \brief closeWalletAsync - asynchronous version of "closeWallet"
-     * \param wallet - wallet pointer;
      */
-    Q_INVOKABLE void closeWalletAsync(Wallet * wallet);
+    Q_INVOKABLE void closeWalletAsync();
 
     //! checks is given filename is a wallet;
     Q_INVOKABLE bool walletExists(const QString &path) const;
@@ -125,6 +125,8 @@ private:
     explicit WalletManager(QObject *parent = 0);
     static WalletManager * m_instance;
     Monero::WalletManager * m_pimpl;
+    QMutex m_mutex;
+    QPointer<Wallet> m_currentWallet;
 
 };