diff --git a/packages/near-sdk-js/lib/cli/cli.js b/packages/near-sdk-js/lib/cli/cli.js
index 7da0f3bb..0c6caea1 100755
--- a/packages/near-sdk-js/lib/cli/cli.js
+++ b/packages/near-sdk-js/lib/cli/cli.js
@@ -206,6 +206,10 @@ async function createMethodsHeaderFile(rollupTarget, verbose = false) {
     }
     const mod = await import(`${PROJECT_DIR}/${rollupTarget}`);
     const exportNames = Object.keys(mod);
+    if (exportNames.includes('panic')) {
+        signal.error("'panic' is a reserved word, please use another name for contract method");
+        process.exit(1);
+    }
     const methods = exportNames.reduce((result, key) => `${result}DEFINE_NEAR_METHOD(${key})\n`, "");
     fs.writeFileSync(`${buildPath}/methods.h`, methods);
 }
diff --git a/packages/near-sdk-js/lib/cli/utils.js b/packages/near-sdk-js/lib/cli/utils.js
index 51a014aa..95a718ca 100644
--- a/packages/near-sdk-js/lib/cli/utils.js
+++ b/packages/near-sdk-js/lib/cli/utils.js
@@ -19,6 +19,10 @@ export async function executeCommand(command, verbose = false) {
     }
     if (code != 0) {
         signale.error(`Command failed: ${command}`);
+        const failDueToNameConflict = stderr.match(/conflicting types for '([a-zA-Z0-9_]+)'/);
+        if (failDueToNameConflict.length > 1) {
+            signale.error(`'${failDueToNameConflict[1]}' is a reserved word, please use another name for contract method"`);
+        }
     }
     if (stderr && verbose) {
         signale.error(`Command stderr: ${stderr}`);
diff --git a/packages/near-sdk-js/src/cli/cli.ts b/packages/near-sdk-js/src/cli/cli.ts
index f583d3aa..52d4db0c 100644
--- a/packages/near-sdk-js/src/cli/cli.ts
+++ b/packages/near-sdk-js/src/cli/cli.ts
@@ -342,6 +342,12 @@ async function createMethodsHeaderFile(rollupTarget: string, verbose = false) {
 
   const mod = await import(`${PROJECT_DIR}/${rollupTarget}`);
   const exportNames = Object.keys(mod);
+  if (exportNames.includes('panic')) {
+    signal.error(
+      "'panic' is a reserved word, please use another name for contract method"
+    );
+    process.exit(1);
+  }
   const methods = exportNames.reduce(
     (result, key) => `${result}DEFINE_NEAR_METHOD(${key})\n`,
     ""
diff --git a/packages/near-sdk-js/src/cli/utils.ts b/packages/near-sdk-js/src/cli/utils.ts
index 812e503b..2fd2a193 100644
--- a/packages/near-sdk-js/src/cli/utils.ts
+++ b/packages/near-sdk-js/src/cli/utils.ts
@@ -28,6 +28,11 @@ export async function executeCommand(
   }
   if (code != 0) {
     signale.error(`Command failed: ${command}`);
+
+    const failDueToNameConflict = stderr.match(/conflicting types for '([a-zA-Z0-9_]+)'/);
+    if (failDueToNameConflict.length > 1) {
+      signale.error(`'${failDueToNameConflict[1]}' is a reserved word, please use another name for contract method"`);
+    }
   }
   if (stderr && verbose) {
     signale.error(`Command stderr: ${stderr}`);