diff --git a/CHANGELOG.md b/CHANGELOG.md
index 4ca9a3514..8cdf73987 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -7,7 +7,8 @@ and this project adheres to [Semantic Versioning](https://semver.org/spec/v2.0.0
 
 ## [Unreleased]
 - [ExperimentalWebviewProvider: fix android communication](https://github.com/multiversx/mx-sdk-dapp/pull/1163)
--
+- [Extract MultiEsdtTrasfer parser for multiple transactions in a separate function](https://github.com/multiversx/mx-sdk-dapp/pull/1157)
+
 ## [[v2.31.7]](https://github.com/multiversx/mx-sdk-dapp/pull/1161)] - 2024-04-23
 - [Fixed `AuthenticatedRoutesWrapper` redirects to unlock route during webview login](https://github.com/multiversx/mx-sdk-dapp/pull/1160)
 
diff --git a/src/hooks/transactions/useParseMultiEsdtTransferData.ts b/src/hooks/transactions/useParseMultiEsdtTransferData.ts
index 2b88ccc89..e0d7551bd 100644
--- a/src/hooks/transactions/useParseMultiEsdtTransferData.ts
+++ b/src/hooks/transactions/useParseMultiEsdtTransferData.ts
@@ -5,8 +5,7 @@ import {
   TransactionDataTokenType,
   TransactionsDataTokensType
 } from 'types';
-import { getTokenFromData } from 'utils/transactions/getTokenFromData';
-import { parseMultiEsdtTransferData } from 'utils/transactions/parseMultiEsdtTransferData';
+import { parseMultiEsdtTransferDataForMultipleTransactions } from 'utils/transactions/parseMultiEsdtTransferDataForMultipleTransactions';
 
 const defaultTransactionInfo: TransactionDataTokenType = {
   tokenId: '',
@@ -38,16 +37,6 @@ export function useParseMultiEsdtTransferData({
     MultiSignTransactionType[]
   >([]);
 
-  function addTransactionDataToParsedInfo(
-    data: string,
-    txInfo: TransactionDataTokenType
-  ) {
-    setParsedTransactions((existing) => ({
-      ...existing,
-      [data]: txInfo
-    }));
-  }
-
   function getTxInfoByDataField(
     data: string,
     multiTransactionData?: string
@@ -71,51 +60,13 @@ export function useParseMultiEsdtTransferData({
   }
 
   function extractTransactionESDTData() {
-    if (transactions && transactions.length > 0) {
-      const allTxs: MultiSignTransactionType[] = [];
-      transactions.forEach((transaction, transactionIndex) => {
-        const txData = transaction.getData().toString();
-        const multiTxs = parseMultiEsdtTransferData(txData);
-
-        if (multiTxs.length > 0) {
-          multiTxs.forEach((trx, idx) => {
-            const newTx: MultiSignTransactionType = {
-              transaction,
-              multiTxData: trx.data,
-              transactionIndex: idx
-            };
-            addTransactionDataToParsedInfo(trx.data, {
-              tokenId: trx.token ? trx.token : '',
-              amount: trx.amount ? trx.amount : '',
-              type: trx.type,
-              nonce: trx.nonce ? trx.nonce : '',
-              multiTxData: trx.data,
-              receiver: trx.receiver
-            });
-            allTxs.push(newTx);
-          });
-        } else {
-          const transactionData = transaction.getData().toString();
-
-          const { tokenId, amount } = getTokenFromData(transactionData);
-
-          if (tokenId) {
-            addTransactionDataToParsedInfo(transactionData, {
-              tokenId,
-              amount,
-              receiver: transaction.getReceiver().bech32()
-            });
-          }
-          allTxs.push({
-            transaction,
-            transactionIndex,
-            multiTxData: transactionData
-          });
-        }
+    const { allTransactions, parsedTransactionsByDataField } =
+      parseMultiEsdtTransferDataForMultipleTransactions({
+        transactions
       });
 
-      setAllTransactions(allTxs);
-    }
+    setAllTransactions(allTransactions);
+    setParsedTransactions(parsedTransactionsByDataField);
   }
 
   useEffect(() => {
diff --git a/src/utils/transactions/parseMultiEsdtTransferDataForMultipleTransactions.ts b/src/utils/transactions/parseMultiEsdtTransferDataForMultipleTransactions.ts
new file mode 100644
index 000000000..7d221d1d1
--- /dev/null
+++ b/src/utils/transactions/parseMultiEsdtTransferDataForMultipleTransactions.ts
@@ -0,0 +1,96 @@
+import type { Transaction } from '@multiversx/sdk-core';
+import {
+  MultiSignTransactionType,
+  TransactionDataTokenType,
+  TransactionsDataTokensType
+} from 'types';
+import { getTokenFromData } from './getTokenFromData';
+import { parseMultiEsdtTransferData } from './parseMultiEsdtTransferData';
+
+function addTransactionDataToParsedInfo({
+  parsedTransactionsByDataField,
+  data,
+  txInfo
+}: {
+  parsedTransactionsByDataField?: TransactionsDataTokensType;
+  data: string;
+  txInfo: TransactionDataTokenType;
+}) {
+  if (!parsedTransactionsByDataField) {
+    return;
+  }
+
+  parsedTransactionsByDataField[data] = txInfo;
+}
+
+export function parseMultiEsdtTransferDataForMultipleTransactions({
+  transactions
+}: {
+  transactions?: Transaction[];
+}) {
+  const parsedTransactionsByDataField: TransactionsDataTokensType = {};
+  const allTransactions: MultiSignTransactionType[] = [];
+
+  if (!transactions || transactions.length === 0) {
+    return {
+      allTransactions,
+      parsedTransactionsByDataField
+    };
+  }
+
+  transactions.forEach((transaction, transactionIndex) => {
+    const txData = transaction.getData().toString();
+    const multiTxs = parseMultiEsdtTransferData(txData);
+
+    if (multiTxs.length > 0) {
+      multiTxs.forEach((trx, idx) => {
+        const newTx: MultiSignTransactionType = {
+          transaction,
+          multiTxData: trx.data,
+          transactionIndex: idx
+        };
+
+        addTransactionDataToParsedInfo({
+          parsedTransactionsByDataField,
+          data: trx.data,
+          txInfo: {
+            tokenId: trx.token ? trx.token : '',
+            amount: trx.amount ? trx.amount : '',
+            type: trx.type,
+            nonce: trx.nonce ? trx.nonce : '',
+            multiTxData: trx.data,
+            receiver: trx.receiver
+          }
+        });
+
+        allTransactions.push(newTx);
+      });
+    } else {
+      const transactionData = transaction.getData().toString();
+
+      const { tokenId, amount } = getTokenFromData(transactionData);
+
+      if (tokenId) {
+        addTransactionDataToParsedInfo({
+          parsedTransactionsByDataField,
+          data: transactionData,
+          txInfo: {
+            tokenId,
+            amount,
+            receiver: transaction.getReceiver().bech32()
+          }
+        });
+      }
+      allTransactions.push({
+        transaction,
+        transactionIndex,
+        multiTxData: transactionData
+      });
+    }
+  });
+
+  return {
+    allTransactions,
+    parsedTransactionsByDataField
+  };
+}