diff --git a/lib/constants.js b/lib/constants.js
index 87c17232..06f25c63 100644
--- a/lib/constants.js
+++ b/lib/constants.js
@@ -116,6 +116,9 @@ const PEGIN_V1_RSKT_PREFIX_HEX =  '52534b54';
 
 const MINIMUM_PEGOUT_AMOUNT_IN_RBTC = 0.0025;
 
+const FEE_PER_KB_CHANGE_PK = '6a4b49312b91e203ddfb9bc2d900ebbd46fbede46a7462e770bedcb11ad405e9';
+const FEE_PER_KB_CHANGE_ADDR = '53f8f6dabd612b6137215ddd7758bb5cdd638922';
+
 module.exports = {
   KEY_TYPE_BTC,
   KEY_TYPE_RSK,
@@ -141,4 +144,6 @@ module.exports = {
   PEGIN_V1_RSKT_PREFIX_HEX,
   PEGOUT_REJECTION_REASONS,
   MINIMUM_PEGOUT_AMOUNT_IN_RBTC,
+  FEE_PER_KB_CHANGE_PK,
+  FEE_PER_KB_CHANGE_ADDR,
 };
diff --git a/lib/rsk-utils.js b/lib/rsk-utils.js
index 3f72143d..49833fc2 100644
--- a/lib/rsk-utils.js
+++ b/lib/rsk-utils.js
@@ -6,7 +6,11 @@ const { getRskTransactionHelpers } = require('../lib/rsk-tx-helper-provider');
 const { wait, retryWithCheck, removePrefix0x } = require('./utils');
 const { waitForBitcoinMempoolToGetTxs } = require('./btc-utils');
 const { getLogger } = require('../logger');
-const { PEGOUT_EVENTS } = require('./constants');
+const {
+  PEGOUT_EVENTS,
+  FEE_PER_KB_CHANGE_PK,
+  FEE_PER_KB_CHANGE_ADDR,
+} = require('./constants');
 const BtcTransactionHelper = require('btc-transaction-helper/btc-transaction-helper');
 
 const BTC_TO_RSK_MINIMUM_ACCEPTABLE_CONFIRMATIONS = 3;
@@ -502,7 +506,25 @@ const getFedsPubKeys = async (bridge) => {
     FEDS_PUBKEYS_LIST.push(removePrefix0x(fedPubKey));
   }
   return FEDS_PUBKEYS_LIST;
-}
+};
+
+/**
+ * Calls `Bridge::voteFeePerKbChange` to set a new fee per kb.
+ * @param {RskTransactionHelper} rskTxHelper 
+ * @param {number} feePerKbInSatoshis the value to be set as the new fee per kb
+ */
+const setFeePerKb = async (rskTxHelper, feePerKbInSatoshis) => {
+
+  await rskTxHelper.getClient().eth.personal.importRawKey(FEE_PER_KB_CHANGE_PK, '');
+  await rskTxHelper.getClient().eth.personal.unlockAccount(FEE_PER_KB_CHANGE_ADDR, '');
+  const bridge = getBridge(rskTxHelper.getClient());
+
+  await sendTransaction(rskTxHelper, bridge.methods.voteFeePerKbChange(feePerKbInSatoshis), FEE_PER_KB_CHANGE_ADDR);
+
+  const finalFeePerKb = await bridge.methods.getFeePerKb().call();
+  expect(Number(finalFeePerKb)).to.equal(Number(feePerKbInSatoshis));
+
+};
 
 module.exports = {
   mineAndSync,
@@ -522,4 +544,5 @@ module.exports = {
   waitAndUpdateBridge,
   sendTransaction,
   getPegoutEventsInBlockRange,
+  setFeePerKb,
 };
diff --git a/lib/tests/2wp.js b/lib/tests/2wp.js
index 04bc7938..cfb8a9b6 100644
--- a/lib/tests/2wp.js
+++ b/lib/tests/2wp.js
@@ -5,7 +5,7 @@ const { getBridge } = require('../precompiled-abi-forks-util');
 const { getBtcClient } = require('../btc-client-provider');
 const { getRskTransactionHelper, getRskTransactionHelpers } = require('../rsk-tx-helper-provider');
 const { satoshisToBtc, btcToSatoshis, satoshisToWeis, btcToWeis } = require('@rsksmart/btc-eth-unit-converter');
-const { findEventInBlock, triggerRelease, getPegoutEventsInBlockRange } = require('../rsk-utils');
+const { findEventInBlock, triggerRelease, getPegoutEventsInBlockRange, setFeePerKb } = require('../rsk-utils');
 const {
   PEGIN_REJECTION_REASONS,
   PEGIN_UNREFUNDABLE_REASONS,
@@ -777,6 +777,47 @@ const execute = (description, getRskHost) => {
 
     });
 
+    it('should reject and refund a pegout when fee per kb is above value', async () => {
+
+      // Arrange
+
+      // Create a pegin for the sender to ensure there is enough funds to pegout and because this is the natural process
+      const senderRecipientInfo = await createSenderRecipientInfo(rskTxHelper, btcTxHelper);
+      const peginValueInSatoshis = btcToSatoshis(0.5);
+      const btcPeginTxHash = await sendPegin(rskTxHelper, btcTxHelper, senderRecipientInfo.btcSenderAddressInfo, satoshisToBtc(peginValueInSatoshis));
+      await ensurePeginIsRegistered(rskTxHelper, btcPeginTxHash);
+
+      const initial2wpBalances = await get2wpBalances(rskTxHelper, btcTxHelper);
+      const initialBtcRecipientAddressBalanceInSatoshis = await getBtcAddressBalanceInSatoshis(btcTxHelper, senderRecipientInfo.btcSenderAddressInfo.address);
+      const initialRskSenderBalanceInWeisBN = await rskTxHelper.getBalance(senderRecipientInfo.rskRecipientRskAddressInfo.address);
+      const pegoutValueInRbtc = MINIMUM_PEGOUT_AMOUNT_IN_RBTC;
+
+      // The minimum pegout value plus 1 satoshi to make the fee per kb exactly above the pegout value.
+      const newFeePerKbInSatoshis = btcToSatoshis(MINIMUM_PEGOUT_AMOUNT_IN_RBTC) + 1;
+      await setFeePerKb(rskTxHelper, newFeePerKbInSatoshis);
+
+      // Act
+
+      const pegoutTransaction = await sendTxToBridge(rskTxHelper, pegoutValueInRbtc, senderRecipientInfo.rskRecipientRskAddressInfo.address);
+
+      // Assert
+
+      await assertExpectedReleaseRequestRejectedEventIsEmitted(senderRecipientInfo.rskRecipientRskAddressInfo.address, btcToSatoshis(pegoutValueInRbtc), PEGOUT_REJECTION_REASONS.FEE_ABOVE_VALUE);
+
+      await assert2wpBalanceIsUnchanged(initial2wpBalances);
+
+      // The rsk sender balance is the same as the initial balance minus the gas fee, because the pegout amount was refunded.
+      const finalRskSenderBalanceInWeisBN = await rskTxHelper.getBalance(senderRecipientInfo.rskRecipientRskAddressInfo.address);
+      const gasFee = pegoutTransaction.gasUsed * pegoutTransaction.effectiveGasPrice;
+      const expectedRskSenderBalanceInWeisBN = initialRskSenderBalanceInWeisBN.sub(new BN(`${gasFee}`));
+      expect(finalRskSenderBalanceInWeisBN.eq(expectedRskSenderBalanceInWeisBN)).to.be.true;
+
+      // The btc recipient address balance is the same as the initial balance, because the pegout didn't go though.
+      const finalBtcRecipientBalanceInSatoshis = await getBtcAddressBalanceInSatoshis(btcTxHelper, senderRecipientInfo.btcSenderAddressInfo.address);
+      expect(finalBtcRecipientBalanceInSatoshis).to.be.equal(initialBtcRecipientAddressBalanceInSatoshis);
+
+    });
+
   });
 
 };