diff --git a/sql/characters.sql b/sql/characters.sql
index f7252a19b..aed3b1d0f 100644
--- a/sql/characters.sql
+++ b/sql/characters.sql
@@ -21,7 +21,7 @@
 
 DROP TABLE IF EXISTS `character_db_version`;
 CREATE TABLE `character_db_version` (
-  `required_8702_01_characters_character_reputation` bit(1) default NULL
+  `required_8721_01_characters_guild` bit(1) default NULL
 ) ENGINE=MyISAM DEFAULT CHARSET=utf8 ROW_FORMAT=FIXED COMMENT='Last applied sql update to DB';
 
 --
diff --git a/sql/updates/8721_01_characters_guild.sql b/sql/updates/8721_01_characters_guild.sql
new file mode 100644
index 000000000..7e6104098
--- /dev/null
+++ b/sql/updates/8721_01_characters_guild.sql
@@ -0,0 +1,3 @@
+ALTER TABLE character_db_version CHANGE COLUMN required_8702_01_characters_character_reputation required_8721_01_characters_guild bit;
+
+UPDATE guild_rank SET BankMoneyPerDay = 4294967295 WHERE rid = 0;
\ No newline at end of file
diff --git a/sql/updates/Makefile.am b/sql/updates/Makefile.am
index 03c547e6d..bf439cca0 100644
--- a/sql/updates/Makefile.am
+++ b/sql/updates/Makefile.am
@@ -140,6 +140,7 @@ pkgdata_DATA = \
 	8693_01_mangos_spell_proc_event.sql \
 	8702_01_characters_character_reputation.sql \
 	8720_01_mangos_quest_template.sql \
+	8721_01_characters_guild.sql \
 	README
 
 ## Additional files to include when running 'make dist'
@@ -260,4 +261,5 @@ EXTRA_DIST = \
 	8693_01_mangos_spell_proc_event.sql \
 	8702_01_characters_character_reputation.sql \
 	8720_01_mangos_quest_template.sql \
+	8721_01_characters_guild.sql \
 	README
diff --git a/src/game/Guild.cpp b/src/game/Guild.cpp
index 596fc3966..d7917953e 100644
--- a/src/game/Guild.cpp
+++ b/src/game/Guild.cpp
@@ -112,6 +112,8 @@ void Guild::CreateDefaultGuildRanks(int locale_idx)
     CreateRank(objmgr.GetMangosString(LANG_GUILD_VETERAN, locale_idx),  GR_RIGHT_GCHATLISTEN | GR_RIGHT_GCHATSPEAK);
     CreateRank(objmgr.GetMangosString(LANG_GUILD_MEMBER, locale_idx),   GR_RIGHT_GCHATLISTEN | GR_RIGHT_GCHATSPEAK);
     CreateRank(objmgr.GetMangosString(LANG_GUILD_INITIATE, locale_idx), GR_RIGHT_GCHATLISTEN | GR_RIGHT_GCHATSPEAK);
+
+    SetBankMoneyPerDay((uint32)GR_GUILDMASTER, WITHDRAW_MONEY_UNLIMITED);
 }
 
 bool Guild::AddMember(uint64 plGuid, uint32 plRank)
diff --git a/src/game/GuildHandler.cpp b/src/game/GuildHandler.cpp
index 7aecaaa77..550d761cd 100644
--- a/src/game/GuildHandler.cpp
+++ b/src/game/GuildHandler.cpp
@@ -1121,7 +1121,6 @@ void WorldSession::HandleGuildBankBuyTab( WorldPacket & recv_data )
     // Go on with creating tab
     pGuild->CreateNewBankTab();
     GetPlayer()->ModifyMoney(-int(TabCost));
-    pGuild->SetBankMoneyPerDay(GetPlayer()->GetRank(), WITHDRAW_MONEY_UNLIMITED);
     pGuild->SetBankRightsAndSlots(GetPlayer()->GetRank(), TabId, GUILD_BANK_RIGHT_FULL, WITHDRAW_SLOT_UNLIMITED, true);
     pGuild->Roster();                                       // broadcast for tab rights update
     pGuild->DisplayGuildBankTabsInfo(this);
diff --git a/src/shared/revision_nr.h b/src/shared/revision_nr.h
index 7ebc4dd25..6a43c57a9 100644
--- a/src/shared/revision_nr.h
+++ b/src/shared/revision_nr.h
@@ -1,4 +1,4 @@
 #ifndef __REVISION_NR_H__
 #define __REVISION_NR_H__
- #define REVISION_NR "8720"
+ #define REVISION_NR "8721"
 #endif // __REVISION_NR_H__
diff --git a/src/shared/revision_sql.h b/src/shared/revision_sql.h
index aa84bca80..9f2da9b59 100644
--- a/src/shared/revision_sql.h
+++ b/src/shared/revision_sql.h
@@ -1,6 +1,6 @@
 #ifndef __REVISION_SQL_H__
 #define __REVISION_SQL_H__
- #define REVISION_DB_CHARACTERS "required_8702_01_characters_character_reputation"
+ #define REVISION_DB_CHARACTERS "required_8721_01_characters_guild"
  #define REVISION_DB_MANGOS "required_8720_01_mangos_quest_template"
  #define REVISION_DB_REALMD "required_8332_01_realmd_realmcharacters"
 #endif // __REVISION_SQL_H__