diff --git a/CHANGELOG.md b/CHANGELOG.md
index 5e10fc4952..a1e4f72649 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -51,6 +51,7 @@ Ref: https://keepachangelog.com/en/1.0.0/
 * (global) [\#611](https://github.com/line/lbm-sdk/pull/611) bump github.com/cosmos/cosmos-sdk from v0.45.1 to v0.45.6
 * (simapp) [\#620](https://github.com/line/lbm-sdk/pull/620) chore: add iterator feature for simapp
 * (x/collection) [\#622](https://github.com/line/lbm-sdk/pull/622) add Query/TokenClassTypeName
+* (x/bank) [\#629](https://github.com/line/lbm-sdk/pull/629) remove unsafe balance changing methods from bank keeper such as `SetBalance` and `SetSupply`.
 
 ### Improvements
 
diff --git a/store/listenkv/store.go b/store/listenkv/store.go
index 589a4827dd..462f7a7427 100644
--- a/store/listenkv/store.go
+++ b/store/listenkv/store.go
@@ -91,8 +91,6 @@ func (li *listenIterator) Domain() (start []byte, end []byte) {
 	return li.parent.Domain()
 }
 
-// TODO(dudong2): remove Domain() func (removed in other stores by woosang). Add it later, if it's needed.
-
 // Valid implements the Iterator interface.
 func (li *listenIterator) Valid() bool {
 	return li.parent.Valid()
diff --git a/x/bank/keeper/keeper.go b/x/bank/keeper/keeper.go
index 4fe462f7e3..ee0ade08fa 100644
--- a/x/bank/keeper/keeper.go
+++ b/x/bank/keeper/keeper.go
@@ -29,7 +29,6 @@ type Keeper interface {
 	HasSupply(ctx sdk.Context, denom string) bool
 	GetPaginatedTotalSupply(ctx sdk.Context, pagination *query.PageRequest) (sdk.Coins, *query.PageResponse, error)
 	IterateTotalSupply(ctx sdk.Context, cb func(sdk.Coin) bool)
-	SetSupply(ctx sdk.Context, coin sdk.Coin) // TODO(dudong2): remove after x/wasm version up(>= v0.22.0)
 
 	GetDenomMetaData(ctx sdk.Context, denom string) (types.Metadata, bool)
 	SetDenomMetaData(ctx sdk.Context, denomMetaData types.Metadata)
@@ -487,24 +486,6 @@ func (k BaseKeeper) setSupply(ctx sdk.Context, coin sdk.Coin) {
 	}
 }
 
-// SetSupply sets the supply for the given coin
-func (k BaseKeeper) SetSupply(ctx sdk.Context, coin sdk.Coin) {
-	intBytes, err := coin.Amount.Marshal()
-	if err != nil {
-		panic(fmt.Errorf("unable to marshal amount value %v", err))
-	}
-
-	store := ctx.KVStore(k.storeKey)
-	supplyStore := prefix.NewStore(store, types.SupplyKey)
-
-	// Bank invariants and IBC requires to remove zero coins.
-	if coin.IsZero() {
-		supplyStore.Delete(conv.UnsafeStrToBytes(coin.GetDenom()))
-	} else {
-		supplyStore.Set([]byte(coin.GetDenom()), intBytes)
-	}
-}
-
 // trackDelegation tracks the delegation of the given account if it is a vesting account
 func (k BaseKeeper) trackDelegation(ctx sdk.Context, addr sdk.AccAddress, balance, amt sdk.Coins) error {
 	acc := k.ak.GetAccount(ctx, addr)
diff --git a/x/bank/keeper/send.go b/x/bank/keeper/send.go
index 6aba1be430..528a454d6d 100644
--- a/x/bank/keeper/send.go
+++ b/x/bank/keeper/send.go
@@ -17,8 +17,6 @@ type SendKeeper interface {
 	InputOutputCoins(ctx sdk.Context, inputs []types.Input, outputs []types.Output) error
 	SendCoins(ctx sdk.Context, fromAddr sdk.AccAddress, toAddr sdk.AccAddress, amt sdk.Coins) error
 
-	SetBalance(ctx sdk.Context, addr sdk.AccAddress, balance sdk.Coin) error // TODO(dudong2): remove after x/wasm version up(>= v0.22.0)
-
 	GetParams(ctx sdk.Context) types.Params
 	SetParams(ctx sdk.Context, params types.Params)
 
@@ -268,28 +266,6 @@ func (k BaseSendKeeper) setBalance(ctx sdk.Context, addr sdk.AccAddress, balance
 	return nil
 }
 
-// SetBalance sets the coin balance for an account by address.
-func (k BaseSendKeeper) SetBalance(ctx sdk.Context, addr sdk.AccAddress, balance sdk.Coin) error {
-	if !balance.IsValid() {
-		return sdkerrors.Wrap(sdkerrors.ErrInvalidCoins, balance.String())
-	}
-
-	accountStore := k.getAccountStore(ctx, addr)
-
-	// Bank invariants require to not store zero balances.
-	if balance.IsZero() {
-		accountStore.Delete([]byte(balance.Denom))
-	} else {
-		bz, err := balance.Marshal()
-		if err != nil {
-			return err
-		}
-		accountStore.Set([]byte(balance.Denom), bz)
-	}
-
-	return nil
-}
-
 // IsSendEnabledCoins checks the coins provide and returns an ErrSendDisabled if
 // any of the coins are not configured for sending.  Returns nil if sending is enabled
 // for all provided coin
diff --git a/x/wasm/keeper/test_common.go b/x/wasm/keeper/test_common.go
index bc8584a4a4..2930c024e8 100644
--- a/x/wasm/keeper/test_common.go
+++ b/x/wasm/keeper/test_common.go
@@ -714,9 +714,6 @@ func (m BurnerExampleInitMsg) GetBytes(t testing.TB) []byte {
 func fundAccounts(t testing.TB, ctx sdk.Context, am authkeeper.AccountKeeper, bank bankkeeper.Keeper, addr sdk.AccAddress, coins sdk.Coins) {
 	acc := am.NewAccountWithAddress(ctx, addr)
 	am.SetAccount(ctx, acc)
-	for _, coin := range coins {
-		require.NoError(t, bank.SetBalance(ctx, addr, coin))
-	}
 	NewTestFaucet(t, ctx, bank, minttypes.ModuleName, coins...).Fund(ctx, addr, coins...)
 }
 
diff --git a/x/wasm/module_test.go b/x/wasm/module_test.go
index f8d7a2544e..ac1d30f539 100644
--- a/x/wasm/module_test.go
+++ b/x/wasm/module_test.go
@@ -202,9 +202,7 @@ func TestHandleInstantiate(t *testing.T) {
 
 func TestHandleStoreAndInstantiate(t *testing.T) {
 	data := setupTest(t)
-
-	deposit := sdk.NewCoins(sdk.NewInt64Coin("denom", 100000))
-	creator := createFakeFundedAccount(t, data.ctx, data.acctKeeper, data.bankKeeper, deposit)
+	creator := data.faucet.NewFundedAccount(data.ctx, sdk.NewInt64Coin("denom", 100000))
 
 	h := data.module.Route().Handler()
 	q := data.module.LegacyQuerierHandler(nil)
@@ -761,13 +759,3 @@ func assertContractInfo(t *testing.T, q sdk.Querier, ctx sdk.Context, contractBe
 	assert.Equal(t, codeID, res.CodeID)
 	assert.Equal(t, creator.String(), res.Creator)
 }
-func createFakeFundedAccount(t *testing.T, ctx sdk.Context, am authkeeper.AccountKeeper, bankKeeper bankkeeper.Keeper, coins sdk.Coins) sdk.AccAddress {
-	t.Helper()
-	_, _, addr := keyPubAddr()
-	acc := am.NewAccountWithAddress(ctx, addr)
-	am.SetAccount(ctx, acc)
-	for _, coin := range coins {
-		require.NoError(t, bankKeeper.SetBalance(ctx, addr, coin))
-	}
-	return addr
-}