diff --git a/bdk-ffi/Cargo.lock b/bdk-ffi/Cargo.lock
index 491cbd3..66e871e 100644
--- a/bdk-ffi/Cargo.lock
+++ b/bdk-ffi/Cargo.lock
@@ -161,6 +161,7 @@ dependencies = [
  "bdk",
  "bdk_esplora",
  "bdk_file_store",
+ "bitcoin-internals 0.2.0",
  "thiserror",
  "uniffi",
 ]
@@ -244,6 +245,12 @@ version = "0.1.0"
 source = "registry+https://github.com/rust-lang/crates.io-index"
 checksum = "1f9997f8650dd818369931b5672a18dbef95324d0513aa99aae758de8ce86e5b"
 
+[[package]]
+name = "bitcoin-internals"
+version = "0.2.0"
+source = "registry+https://github.com/rust-lang/crates.io-index"
+checksum = "9425c3bf7089c983facbae04de54513cce73b41c7f9ff8c845b54e7bc64ebbfb"
+
 [[package]]
 name = "bitcoin-private"
 version = "0.1.0"
@@ -393,7 +400,7 @@ source = "registry+https://github.com/rust-lang/crates.io-index"
 checksum = "0cb1f7f2489cce83bc3bd92784f9ba5271eeb6e729b975895fc541f78cbfcdca"
 dependencies = [
  "bitcoin",
- "bitcoin-internals",
+ "bitcoin-internals 0.1.0",
  "log",
  "serde",
  "ureq",
diff --git a/bdk-ffi/Cargo.toml b/bdk-ffi/Cargo.toml
index 8b4b519..51e90ac 100644
--- a/bdk-ffi/Cargo.toml
+++ b/bdk-ffi/Cargo.toml
@@ -24,6 +24,7 @@ bdk_esplora = { version = "0.10.0", default-features = false, features = ["std",
 bdk_file_store = { version = "0.8.0" }
 
 uniffi = { version = "=0.26.1" }
+bitcoin-internals = { version = "0.2.0", features = ["alloc"] }
 thiserror = "1.0.58"
 
 [build-dependencies]
diff --git a/bdk-ffi/src/bdk.udl b/bdk-ffi/src/bdk.udl
index e67060f..c09537a 100644
--- a/bdk-ffi/src/bdk.udl
+++ b/bdk-ffi/src/bdk.udl
@@ -71,6 +71,17 @@ interface AddressError {
   OtherAddressError();
 };
 
+[Error]
+interface TransactionError {
+  Io();
+  OversizedVectorAllocation();
+  InvalidChecksum(string expected, string actual);
+  NonMinimalVarInt();
+  ParseFailed();
+  UnsupportedSegwitFlag(u8 flag);
+  OtherTransactionError();
+};
+
 // ------------------------------------------------------------------------
 // bdk crate - types module
 // ------------------------------------------------------------------------
@@ -394,7 +405,7 @@ interface Address {
 };
 
 interface Transaction {
-  [Throws=Alpha3Error]
+  [Throws=TransactionError]
   constructor(sequence<u8> transaction_bytes);
 
   string txid();
diff --git a/bdk-ffi/src/bitcoin.rs b/bdk-ffi/src/bitcoin.rs
index 0e448e9..ee83abe 100644
--- a/bdk-ffi/src/bitcoin.rs
+++ b/bdk-ffi/src/bitcoin.rs
@@ -1,4 +1,5 @@
-use crate::error::Alpha3Error;
+use crate::error::{Alpha3Error, TransactionError};
+use crate::error::AddressError;
 
 use bdk::bitcoin::address::{NetworkChecked, NetworkUnchecked};
 use bdk::bitcoin::blockdata::script::ScriptBuf as BdkScriptBuf;
@@ -116,10 +117,9 @@ pub struct Transaction {
 }
 
 impl Transaction {
-    pub fn new(transaction_bytes: Vec<u8>) -> Result<Self, Alpha3Error> {
+    pub fn new(transaction_bytes: Vec<u8>) -> Result<Self, TransactionError> {
         let mut decoder = Cursor::new(transaction_bytes);
-        let tx: BdkTransaction =
-            BdkTransaction::consensus_decode(&mut decoder).map_err(|_| Alpha3Error::Generic)?;
+        let tx: BdkTransaction = BdkTransaction::consensus_decode(&mut decoder)?;
         Ok(Transaction { inner: tx })
     }
 
diff --git a/bdk-ffi/src/error.rs b/bdk-ffi/src/error.rs
index ed528bc..c59b885 100644
--- a/bdk-ffi/src/error.rs
+++ b/bdk-ffi/src/error.rs
@@ -10,6 +10,7 @@ use bdk::wallet::tx_builder::{AddUtxoError, AllowShrinkingError};
 use bdk::wallet::{NewError, NewOrLoadError};
 use bdk_file_store::FileError as BdkFileError;
 use bdk_file_store::IterError;
+use bitcoin_internals::hex::display::DisplayHex;
 use std::convert::Infallible;
 
 #[derive(Debug, thiserror::Error)]
@@ -167,6 +168,32 @@ pub enum AddressError {
     OtherAddressError,
 }
 
+// Mapping https://docs.rs/bitcoin/latest/src/bitcoin/consensus/encode.rs.html#40-63
+#[derive(Debug, thiserror::Error)]
+pub enum TransactionError {
+    #[error("IO error")]
+    Io,
+
+    #[error("allocation of oversized vector")]
+    OversizedVectorAllocation,
+
+    #[error("invalid checksum: expected={expected} actual={actual}")]
+    InvalidChecksum { expected: String, actual: String },
+
+    #[error("non-minimal varint")]
+    NonMinimalVarInt,
+
+    #[error("parse failed")]
+    ParseFailed,
+
+    #[error("unsupported segwit version: {flag}")]
+    UnsupportedSegwitFlag { flag: u8 },
+
+    // This is required because the bdk::bitcoin::consensus::encode::Error is non-exhaustive
+    #[error("other transaction error")]
+    OtherTransactionError,
+}
+
 impl From<BdkFileError> for WalletCreationError {
     fn from(error: BdkFileError) -> Self {
         match error {
@@ -344,6 +371,30 @@ impl From<bdk::bitcoin::address::Error> for AddressError {
     }
 }
 
+impl From<bdk::bitcoin::consensus::encode::Error> for TransactionError {
+    fn from(error: bdk::bitcoin::consensus::encode::Error) -> Self {
+        match error {
+            bdk::bitcoin::consensus::encode::Error::Io(_) => TransactionError::Io,
+            bdk::bitcoin::consensus::encode::Error::OversizedVectorAllocation { .. } => {
+                TransactionError::OversizedVectorAllocation
+            }
+            bdk::bitcoin::consensus::encode::Error::InvalidChecksum { expected, actual } => {
+                let expected = DisplayHex::to_lower_hex_string(&expected);
+                let actual = DisplayHex::to_lower_hex_string(&actual);
+                TransactionError::InvalidChecksum { expected, actual }
+            }
+            bdk::bitcoin::consensus::encode::Error::NonMinimalVarInt => {
+                TransactionError::NonMinimalVarInt
+            }
+            bdk::bitcoin::consensus::encode::Error::ParseFailed(_) => TransactionError::ParseFailed,
+            bdk::bitcoin::consensus::encode::Error::UnsupportedSegwitFlag(flag) => {
+                TransactionError::UnsupportedSegwitFlag { flag }
+            }
+            _ => TransactionError::OtherTransactionError,
+        }
+    }
+}
+
 #[cfg(test)]
 mod test {
     use crate::error::{EsploraError, PersistenceError, WalletCreationError};
diff --git a/bdk-ffi/src/lib.rs b/bdk-ffi/src/lib.rs
index 05f9bcc..5bf5979 100644
--- a/bdk-ffi/src/lib.rs
+++ b/bdk-ffi/src/lib.rs
@@ -19,6 +19,7 @@ use crate::error::CalculateFeeError;
 use crate::error::EsploraError;
 use crate::error::FeeRateError;
 use crate::error::PersistenceError;
+use crate::error::TransactionError;
 use crate::error::WalletCreationError;
 use crate::esplora::EsploraClient;
 use crate::keys::DerivationPath;