diff --git a/src/components/ReportActionItem/ReportPreview.js b/src/components/ReportActionItem/ReportPreview.js
index 30513008e265..e88c057a615d 100644
--- a/src/components/ReportActionItem/ReportPreview.js
+++ b/src/components/ReportActionItem/ReportPreview.js
@@ -7,6 +7,7 @@ import _ from 'underscore';
 import Button from '@components/Button';
 import Icon from '@components/Icon';
 import * as Expensicons from '@components/Icon/Expensicons';
+import OfflineWithFeedback from '@components/OfflineWithFeedback';
 import PressableWithoutFeedback from '@components/Pressable/PressableWithoutFeedback';
 import refPropTypes from '@components/refPropTypes';
 import SettlementButton from '@components/SettlementButton';
@@ -260,94 +261,96 @@ function ReportPreview(props) {
     }, [isGroupPolicy, isCurrentUserManager, isDraftExpenseReport, isApproved, iouSettled]);
     const shouldShowSettlementButton = shouldShowPayButton || shouldShowApproveButton;
     return (
-        <View style={[styles.chatItemMessage, ...props.containerStyles]}>
-            <PressableWithoutFeedback
-                onPress={() => {
-                    Navigation.navigate(ROUTES.REPORT_WITH_ID.getRoute(props.iouReportID));
-                }}
-                onPressIn={() => DeviceCapabilities.canUseTouchScreen() && ControlSelection.block()}
-                onPressOut={() => ControlSelection.unblock()}
-                onLongPress={(event) => showContextMenuForReport(event, props.contextMenuAnchor, props.chatReportID, props.action, props.checkIfContextMenuActive)}
-                style={[styles.flexRow, styles.justifyContentBetween, styles.reportPreviewBox]}
-                role="button"
-                accessibilityLabel={props.translate('iou.viewDetails')}
-            >
-                <View style={[styles.reportPreviewBox, props.isHovered || isScanning || props.isWhisper ? styles.reportPreviewBoxHoverBorder : undefined]}>
-                    {hasReceipts && (
-                        <ReportActionItemImages
-                            images={lastThreeReceipts}
-                            total={transactionsWithReceipts.length}
-                            isHovered={props.isHovered || isScanning}
-                            size={CONST.RECEIPT.MAX_REPORT_PREVIEW_RECEIPTS}
-                        />
-                    )}
-                    <View style={styles.reportPreviewBoxBody}>
-                        <View style={styles.flexRow}>
-                            <View style={[styles.flex1, styles.flexRow, styles.alignItemsCenter]}>
-                                <Text style={[styles.textLabelSupporting, styles.mb1, getLineHeightStyle(variables.lineHeightXXLarge)]}>{getPreviewMessage()}</Text>
-                            </View>
-                            {!iouSettled && hasErrors && (
-                                <Icon
-                                    src={Expensicons.DotIndicator}
-                                    fill={theme.danger}
-                                />
-                            )}
-                        </View>
-                        <View style={styles.flexRow}>
-                            <View style={[styles.flex1, styles.flexRow, styles.alignItemsCenter]}>
-                                <Text style={styles.textHeadline}>{getDisplayAmount()}</Text>
-                                {ReportUtils.isSettled(props.iouReportID) && (
-                                    <View style={styles.defaultCheckmarkWrapper}>
-                                        <Icon
-                                            src={Expensicons.Checkmark}
-                                            fill={theme.iconSuccessFill}
-                                        />
-                                    </View>
+        <OfflineWithFeedback pendingAction={lodashGet(props, 'iouReport.pendingFields.preview')}>
+            <View style={[styles.chatItemMessage, ...props.containerStyles]}>
+                <PressableWithoutFeedback
+                    onPress={() => {
+                        Navigation.navigate(ROUTES.REPORT_WITH_ID.getRoute(props.iouReportID));
+                    }}
+                    onPressIn={() => DeviceCapabilities.canUseTouchScreen() && ControlSelection.block()}
+                    onPressOut={() => ControlSelection.unblock()}
+                    onLongPress={(event) => showContextMenuForReport(event, props.contextMenuAnchor, props.chatReportID, props.action, props.checkIfContextMenuActive)}
+                    style={[styles.flexRow, styles.justifyContentBetween, styles.reportPreviewBox]}
+                    role="button"
+                    accessibilityLabel={props.translate('iou.viewDetails')}
+                >
+                    <View style={[styles.reportPreviewBox, props.isHovered || isScanning || props.isWhisper ? styles.reportPreviewBoxHoverBorder : undefined]}>
+                        {hasReceipts && (
+                            <ReportActionItemImages
+                                images={lastThreeReceipts}
+                                total={transactionsWithReceipts.length}
+                                isHovered={props.isHovered || isScanning}
+                                size={CONST.RECEIPT.MAX_REPORT_PREVIEW_RECEIPTS}
+                            />
+                        )}
+                        <View style={styles.reportPreviewBoxBody}>
+                            <View style={styles.flexRow}>
+                                <View style={[styles.flex1, styles.flexRow, styles.alignItemsCenter]}>
+                                    <Text style={[styles.textLabelSupporting, styles.mb1, getLineHeightStyle(variables.lineHeightXXLarge)]}>{getPreviewMessage()}</Text>
+                                </View>
+                                {!iouSettled && hasErrors && (
+                                    <Icon
+                                        src={Expensicons.DotIndicator}
+                                        fill={theme.danger}
+                                    />
                                 )}
                             </View>
-                        </View>
-                        {!isScanning && (numberOfRequests > 1 || hasReceipts) && (
                             <View style={styles.flexRow}>
                                 <View style={[styles.flex1, styles.flexRow, styles.alignItemsCenter]}>
-                                    <Text style={[styles.textLabelSupporting, styles.textNormal, styles.mb1, styles.lh20]}>{previewSubtitle || moneyRequestComment}</Text>
+                                    <Text style={styles.textHeadline}>{getDisplayAmount()}</Text>
+                                    {ReportUtils.isSettled(props.iouReportID) && (
+                                        <View style={styles.defaultCheckmarkWrapper}>
+                                            <Icon
+                                                src={Expensicons.Checkmark}
+                                                fill={theme.iconSuccessFill}
+                                            />
+                                        </View>
+                                    )}
                                 </View>
                             </View>
-                        )}
-                        {shouldShowSettlementButton && (
-                            <SettlementButton
-                                currency={props.iouReport.currency}
-                                policyID={props.policyID}
-                                chatReportID={props.chatReportID}
-                                iouReport={props.iouReport}
-                                onPress={(paymentType) => IOU.payMoneyRequest(paymentType, props.chatReport, props.iouReport)}
-                                enablePaymentsRoute={ROUTES.ENABLE_PAYMENTS}
-                                addBankAccountRoute={bankAccountRoute}
-                                shouldHidePaymentOptions={!shouldShowPayButton}
-                                shouldShowApproveButton={shouldShowApproveButton}
-                                style={[styles.mt3]}
-                                kycWallAnchorAlignment={{
-                                    horizontal: CONST.MODAL.ANCHOR_ORIGIN_HORIZONTAL.LEFT,
-                                    vertical: CONST.MODAL.ANCHOR_ORIGIN_VERTICAL.BOTTOM,
-                                }}
-                                paymentMethodDropdownAnchorAlignment={{
-                                    horizontal: CONST.MODAL.ANCHOR_ORIGIN_HORIZONTAL.RIGHT,
-                                    vertical: CONST.MODAL.ANCHOR_ORIGIN_VERTICAL.BOTTOM,
-                                }}
-                            />
-                        )}
-                        {shouldShowSubmitButton && (
-                            <Button
-                                medium
-                                success={isWaitingForSubmissionFromCurrentUser}
-                                text={translate('common.submit')}
-                                style={styles.mt3}
-                                onPress={() => IOU.submitReport(props.iouReport)}
-                            />
-                        )}
+                            {!isScanning && (numberOfRequests > 1 || hasReceipts) && (
+                                <View style={styles.flexRow}>
+                                    <View style={[styles.flex1, styles.flexRow, styles.alignItemsCenter]}>
+                                        <Text style={[styles.textLabelSupporting, styles.textNormal, styles.mb1, styles.lh20]}>{previewSubtitle || moneyRequestComment}</Text>
+                                    </View>
+                                </View>
+                            )}
+                            {shouldShowSettlementButton && (
+                                <SettlementButton
+                                    currency={props.iouReport.currency}
+                                    policyID={props.policyID}
+                                    chatReportID={props.chatReportID}
+                                    iouReport={props.iouReport}
+                                    onPress={(paymentType) => IOU.payMoneyRequest(paymentType, props.chatReport, props.iouReport)}
+                                    enablePaymentsRoute={ROUTES.ENABLE_PAYMENTS}
+                                    addBankAccountRoute={bankAccountRoute}
+                                    shouldHidePaymentOptions={!shouldShowPayButton}
+                                    shouldShowApproveButton={shouldShowApproveButton}
+                                    style={[styles.mt3]}
+                                    kycWallAnchorAlignment={{
+                                        horizontal: CONST.MODAL.ANCHOR_ORIGIN_HORIZONTAL.LEFT,
+                                        vertical: CONST.MODAL.ANCHOR_ORIGIN_VERTICAL.BOTTOM,
+                                    }}
+                                    paymentMethodDropdownAnchorAlignment={{
+                                        horizontal: CONST.MODAL.ANCHOR_ORIGIN_HORIZONTAL.RIGHT,
+                                        vertical: CONST.MODAL.ANCHOR_ORIGIN_VERTICAL.BOTTOM,
+                                    }}
+                                />
+                            )}
+                            {shouldShowSubmitButton && (
+                                <Button
+                                    medium
+                                    success={isWaitingForSubmissionFromCurrentUser}
+                                    text={translate('common.submit')}
+                                    style={styles.mt3}
+                                    onPress={() => IOU.submitReport(props.iouReport)}
+                                />
+                            )}
+                        </View>
                     </View>
-                </View>
-            </PressableWithoutFeedback>
-        </View>
+                </PressableWithoutFeedback>
+            </View>
+        </OfflineWithFeedback>
     );
 }
 
diff --git a/src/libs/ReportUtils.ts b/src/libs/ReportUtils.ts
index 9404d832564a..7448ee05d772 100644
--- a/src/libs/ReportUtils.ts
+++ b/src/libs/ReportUtils.ts
@@ -2540,8 +2540,6 @@ function buildOptimisticExpenseReport(chatReportID: string, policyID: string, pa
     const formattedTotal = CurrencyUtils.convertToDisplayString(storedTotal, currency);
     const policy = getPolicy(policyID);
 
-    // The expense report is always created with the policy's output currency
-    const outputCurrency = policy?.outputCurrency ?? CONST.CURRENCY.USD;
     const isFree = policy?.type === CONST.POLICY.TYPE.FREE;
 
     // Define the state and status of the report based on whether the policy is free or paid
@@ -2555,7 +2553,7 @@ function buildOptimisticExpenseReport(chatReportID: string, policyID: string, pa
         policyID,
         type: CONST.REPORT.TYPE.EXPENSE,
         ownerAccountID: payeeAccountID,
-        currency: outputCurrency,
+        currency,
 
         // We don't translate reportName because the server response is always in English
         reportName: `${policyName} owes ${formattedTotal}`,
diff --git a/src/libs/actions/IOU.js b/src/libs/actions/IOU.js
index 22d660bd60be..d2dfcb166eeb 100644
--- a/src/libs/actions/IOU.js
+++ b/src/libs/actions/IOU.js
@@ -336,7 +336,9 @@ function buildOnyxDataForMoneyRequest(
                 ...iouReport,
                 lastMessageText: iouAction.message[0].text,
                 lastMessageHtml: iouAction.message[0].html,
-                ...(isNewIOUReport ? {pendingFields: {createChat: CONST.RED_BRICK_ROAD_PENDING_ACTION.ADD}} : {}),
+                pendingFields: {
+                    ...(isNewIOUReport ? {createChat: CONST.RED_BRICK_ROAD_PENDING_ACTION.ADD} : {preview: CONST.RED_BRICK_ROAD_PENDING_ACTION.UPDATE}),
+                },
             },
         },
         {
@@ -406,18 +408,14 @@ function buildOnyxDataForMoneyRequest(
                   },
               ]
             : []),
-        ...(isNewIOUReport
-            ? [
-                  {
-                      onyxMethod: Onyx.METHOD.MERGE,
-                      key: `${ONYXKEYS.COLLECTION.REPORT}${iouReport.reportID}`,
-                      value: {
-                          pendingFields: null,
-                          errorFields: null,
-                      },
-                  },
-              ]
-            : []),
+        {
+            onyxMethod: Onyx.METHOD.MERGE,
+            key: `${ONYXKEYS.COLLECTION.REPORT}${iouReport.reportID}`,
+            value: {
+                pendingFields: null,
+                errorFields: null,
+            },
+        },
         {
             onyxMethod: Onyx.METHOD.MERGE,
             key: `${ONYXKEYS.COLLECTION.TRANSACTION}${transaction.transactionID}`,
@@ -481,20 +479,16 @@ function buildOnyxDataForMoneyRequest(
                     : {}),
             },
         },
-        ...(isNewIOUReport
-            ? [
-                  {
-                      onyxMethod: Onyx.METHOD.MERGE,
-                      key: `${ONYXKEYS.COLLECTION.REPORT}${iouReport.reportID}`,
-                      value: {
-                          pendingFields: null,
-                          errorFields: {
-                              createChat: ErrorUtils.getMicroSecondOnyxError('report.genericCreateReportFailureMessage'),
-                          },
-                      },
-                  },
-              ]
-            : []),
+        {
+            onyxMethod: Onyx.METHOD.MERGE,
+            key: `${ONYXKEYS.COLLECTION.REPORT}${iouReport.reportID}`,
+            value: {
+                pendingFields: null,
+                errorFields: {
+                    ...(isNewIOUReport ? {createChat: ErrorUtils.getMicroSecondOnyxError('report.genericCreateReportFailureMessage')} : {}),
+                },
+            },
+        },
         {
             onyxMethod: Onyx.METHOD.MERGE,
             key: `${ONYXKEYS.COLLECTION.TRANSACTION}${transaction.transactionID}`,
@@ -653,9 +647,10 @@ function getMoneyRequestInformation(
     if (iouReport) {
         if (isPolicyExpenseChat) {
             iouReport = {...iouReport};
-
-            // Because of the Expense reports are stored as negative values, we substract the total from the amount
-            iouReport.total -= amount;
+            if (lodashGet(iouReport, 'currency') === currency) {
+                // Because of the Expense reports are stored as negative values, we substract the total from the amount
+                iouReport.total -= amount;
+            }
         } else {
             iouReport = IOUUtils.updateIOUOwnerAndTotal(iouReport, payeeAccountID, amount, currency);
         }