diff --git a/src/components/MoneyRequestHeader.js b/src/components/MoneyRequestHeader.js
index cb2ec4b3accc..a53aa476ff48 100644
--- a/src/components/MoneyRequestHeader.js
+++ b/src/components/MoneyRequestHeader.js
@@ -33,9 +33,6 @@ const propTypes = {
     /** Personal details so we can get the ones for the report participants */
     personalDetails: PropTypes.objectOf(participantPropTypes).isRequired,
 
-    /** Whether we're viewing a report with a single transaction in it */
-    isSingleTransactionView: PropTypes.bool,
-
     /** Session info for the currently logged in user. */
     session: PropTypes.shape({
         /** Currently logged in user email */
@@ -46,7 +43,6 @@ const propTypes = {
 };
 
 const defaultProps = {
-    isSingleTransactionView: false,
     session: {
         email: null,
     },
@@ -54,21 +50,20 @@ const defaultProps = {
 };
 
 function MoneyRequestHeader(props) {
-    const moneyRequestReport = props.isSingleTransactionView ? props.parentReport : props.report;
+    const moneyRequestReport = props.parentReport;
     const isSettled = ReportUtils.isSettled(moneyRequestReport.reportID);
     const policy = props.policies[`${ONYXKEYS.COLLECTION.POLICY}${props.report.policyID}`];
     const isPayer =
         Policy.isAdminOfFreePolicy([policy]) || (ReportUtils.isMoneyRequestReport(moneyRequestReport) && lodashGet(props.session, 'accountID', null) === moneyRequestReport.managerID);
     const report = props.report;
-    if (props.isSingleTransactionView) {
-        report.ownerAccountID = lodashGet(props, ['parentReport', 'ownerAccountID'], null);
-    }
+    report.ownerAccountID = lodashGet(props, ['parentReport', 'ownerAccountID'], null);
+    report.ownerEmail = lodashGet(props, ['parentReport', 'ownerEmail'], '');
     return (
-        <View style={[styles.highlightBG, styles.pl0]}>
+        <View style={[styles.pl0]}>
             <HeaderWithBackButton
                 shouldShowAvatarWithDisplay
-                shouldShowPinButton={props.isSingleTransactionView}
-                shouldShowThreeDotsButton={!isPayer && !isSettled && props.isSingleTransactionView}
+                shouldShowPinButton={false}
+                shouldShowThreeDotsButton={!isPayer && !isSettled}
                 threeDotsMenuItems={[
                     {
                         icon: Expensicons.Trashcan,
@@ -83,6 +78,7 @@ function MoneyRequestHeader(props) {
                 personalDetails={props.personalDetails}
                 shouldShowBackButton={props.isSmallScreenWidth}
                 onBackButtonPress={() => Navigation.goBack(ROUTES.HOME, false, true)}
+                shouldShowBorderBottom
             />
         </View>
     );
diff --git a/src/components/ReportActionItem/MoneyRequestView.js b/src/components/ReportActionItem/MoneyRequestView.js
new file mode 100644
index 000000000000..06cb6465fccd
--- /dev/null
+++ b/src/components/ReportActionItem/MoneyRequestView.js
@@ -0,0 +1,102 @@
+import React from 'react';
+import {View, Image} from 'react-native';
+import {withOnyx} from 'react-native-onyx';
+import lodashGet from 'lodash/get';
+import PropTypes from 'prop-types';
+import reportPropTypes from '../../pages/reportPropTypes';
+import ONYXKEYS from '../../ONYXKEYS';
+import withWindowDimensions from '../withWindowDimensions';
+import withCurrentUserPersonalDetails, {withCurrentUserPersonalDetailsPropTypes} from '../withCurrentUserPersonalDetails';
+import compose from '../../libs/compose';
+import MenuItemWithTopDescription from '../MenuItemWithTopDescription';
+import styles from '../../styles/styles';
+import * as ReportUtils from '../../libs/ReportUtils';
+import * as ReportActionsUtils from '../../libs/ReportActionsUtils';
+import * as StyleUtils from '../../styles/StyleUtils';
+import CONST from '../../CONST';
+import * as Expensicons from '../Icon/Expensicons';
+import iouReportPropTypes from '../../pages/iouReportPropTypes';
+import DateUtils from '../../libs/DateUtils';
+import * as CurrencyUtils from '../../libs/CurrencyUtils';
+import EmptyStateBackgroundImage from '../../../assets/images/empty-state_background-fade.png';
+import useLocalize from '../../hooks/useLocalize';
+
+const propTypes = {
+    /** The report currently being looked at */
+    report: reportPropTypes.isRequired,
+
+    /** The expense report or iou report (only will have a value if this is a transaction thread) */
+    parentReport: iouReportPropTypes,
+
+    /** Whether we should display the horizontal rule below the component */
+    shouldShowHorizontalRule: PropTypes.bool.isRequired,
+
+    ...withCurrentUserPersonalDetailsPropTypes,
+};
+
+const defaultProps = {
+    parentReport: {},
+};
+
+function MoneyRequestView(props) {
+    const parentReportAction = ReportActionsUtils.getParentReportAction(props.report);
+    const {amount: transactionAmount, currency: transactionCurrency, comment: transactionDescription} = ReportUtils.getMoneyRequestAction(parentReportAction);
+    const formattedTransactionAmount = transactionAmount && transactionCurrency && CurrencyUtils.convertToDisplayString(transactionAmount, transactionCurrency);
+    const transactionDate = lodashGet(parentReportAction, ['created']);
+    const formattedTransactionDate = DateUtils.getDateStringFromISOTimestamp(transactionDate);
+
+    const moneyRequestReport = props.parentReport;
+    const isSettled = ReportUtils.isSettled(moneyRequestReport.reportID);
+    const {translate} = useLocalize();
+
+    return (
+        <View>
+            <View style={[StyleUtils.getReportWelcomeContainerStyle(props.isSmallScreenWidth), StyleUtils.getMinimumHeight(CONST.EMPTY_STATE_BACKGROUND.MONEY_REPORT.MIN_HEIGHT)]}>
+                <Image
+                    pointerEvents="none"
+                    source={EmptyStateBackgroundImage}
+                    style={[StyleUtils.getReportWelcomeBackgroundImageStyle(true)]}
+                />
+            </View>
+            <MenuItemWithTopDescription
+                title={formattedTransactionAmount}
+                shouldShowTitleIcon={isSettled}
+                titleIcon={Expensicons.Checkmark}
+                description={`${translate('iou.amount')} • ${translate('iou.cash')}${isSettled ? ` • ${translate('iou.settledExpensify')}` : ''}`}
+                titleStyle={styles.newKansasLarge}
+                disabled={isSettled}
+                // Note: These options are temporarily disabled while we figure out the required API changes
+                // shouldShowRightIcon={!isSettled}
+                // onPress={() => Navigation.navigate(ROUTES.getEditRequestRoute(props.report.reportID, CONST.EDIT_REQUEST_FIELD.AMOUNT))}
+            />
+            <MenuItemWithTopDescription
+                description={translate('common.description')}
+                title={transactionDescription}
+                disabled={isSettled}
+                // shouldShowRightIcon={!isSettled}
+                // onPress={() => Navigation.navigate(ROUTES.getEditRequestRoute(props.report.reportID, CONST.EDIT_REQUEST_FIELD.DESCRIPTION))}
+            />
+            <MenuItemWithTopDescription
+                description={translate('common.date')}
+                title={formattedTransactionDate}
+                // shouldShowRightIcon={!isSettled}
+                // onPress={() => Navigation.navigate(ROUTES.getEditRequestRoute(props.report.reportID, CONST.EDIT_REQUEST_FIELD.DATE))}
+            />
+            {props.shouldShowHorizontalRule && <View style={styles.reportHorizontalRule} />}
+        </View>
+    );
+}
+
+MoneyRequestView.propTypes = propTypes;
+MoneyRequestView.defaultProps = defaultProps;
+MoneyRequestView.displayName = 'MoneyRequestView';
+
+export default compose(
+    withWindowDimensions,
+    withCurrentUserPersonalDetails,
+    withOnyx({
+        parentReport: {
+            key: (props) => `${ONYXKEYS.COLLECTION.REPORT}${props.report.parentReportID}`,
+        },
+    }),
+)(MoneyRequestView);
diff --git a/src/pages/home/report/ReportActionItem.js b/src/pages/home/report/ReportActionItem.js
index 710df7e30f9c..b795dc460cd5 100644
--- a/src/pages/home/report/ReportActionItem.js
+++ b/src/pages/home/report/ReportActionItem.js
@@ -36,9 +36,9 @@ import SelectionScraper from '../../../libs/SelectionScraper';
 import focusTextInputAfterAnimation from '../../../libs/focusTextInputAfterAnimation';
 import * as User from '../../../libs/actions/User';
 import * as ReportUtils from '../../../libs/ReportUtils';
+import * as ReportActionsUtils from '../../../libs/ReportActionsUtils';
 import OfflineWithFeedback from '../../../components/OfflineWithFeedback';
 import * as ReportActions from '../../../libs/actions/ReportActions';
-import * as ReportActionsUtils from '../../../libs/ReportActionsUtils';
 import reportPropTypes from '../../reportPropTypes';
 import {ShowContextMenuContext} from '../../../components/ShowContextMenuContext';
 import ChronosOOOListActions from '../../../components/ReportActionItem/ChronosOOOListActions';
@@ -57,6 +57,7 @@ import TaskAction from '../../../components/ReportActionItem/TaskAction';
 import TaskView from '../../../components/ReportActionItem/TaskView';
 import MoneyReportView from '../../../components/ReportActionItem/MoneyReportView';
 import * as Session from '../../../libs/actions/Session';
+import MoneyRequestView from '../../../components/ReportActionItem/MoneyRequestView';
 import {hideContextMenu} from './ContextMenu/ReportActionContextMenu';
 
 const propTypes = {
@@ -416,6 +417,15 @@ function ReportActionItem(props) {
     };
 
     if (props.action.actionName === CONST.REPORT.ACTIONS.TYPE.CREATED) {
+        const parentReport = ReportActionsUtils.getParentReportAction(props.report);
+        if (ReportActionsUtils.isTransactionThread(parentReport)) {
+            return (
+                <MoneyRequestView
+                    report={props.report}
+                    shouldShowHorizontalRule={!props.isOnlyReportAction}
+                />
+            );
+        }
         if (ReportUtils.isTaskReport(props.report)) {
             return (
                 <TaskView
diff --git a/src/pages/home/report/ReportActionsList.js b/src/pages/home/report/ReportActionsList.js
index eac0975f150c..85f0d406465d 100644
--- a/src/pages/home/report/ReportActionsList.js
+++ b/src/pages/home/report/ReportActionsList.js
@@ -21,7 +21,6 @@ import reportPropTypes from '../../reportPropTypes';
 import networkPropTypes from '../../../components/networkPropTypes';
 import withLocalize from '../../../components/withLocalize';
 import useReportScrollManager from '../../../hooks/useReportScrollManager';
-import MoneyRequestDetails from '../../../components/MoneyRequestDetails';
 
 const propTypes = {
     /** Position of the "New" line marker */
@@ -126,7 +125,10 @@ function ReportActionsList(props) {
         ({item: reportAction, index}) => {
             // When the new indicator should not be displayed we explicitly set it to null
             const shouldDisplayNewMarker = reportAction.reportActionID === newMarkerReportActionID;
-            const shouldDisplayParentAction = reportAction.actionName === CONST.REPORT.ACTIONS.TYPE.CREATED && ReportUtils.isChatThread(report);
+            const shouldDisplayParentAction =
+                reportAction.actionName === CONST.REPORT.ACTIONS.TYPE.CREATED &&
+                ReportUtils.isChatThread(report) &&
+                !ReportActionsUtils.isTransactionThread(ReportActionsUtils.getParentReportAction(report));
             const shouldHideThreadDividerLine =
                 shouldDisplayParentAction && sortedReportActions.length > 1 && sortedReportActions[sortedReportActions.length - 2].reportActionID === newMarkerReportActionID;
             return shouldDisplayParentAction ? (
@@ -160,10 +162,6 @@ function ReportActionsList(props) {
     // To notify there something changes we can use extraData prop to flatlist
     const extraData = [props.isSmallScreenWidth ? props.newMarkerReportActionID : undefined, ReportUtils.isArchivedRoom(props.report)];
     const shouldShowReportRecipientLocalTime = ReportUtils.canShowReportRecipientLocalTime(props.personalDetailsList, props.report, props.currentUserPersonalDetails.accountID);
-
-    const parentReportAction = ReportActionsUtils.getParentReportAction(props.report);
-    const isSingleTransactionView = ReportActionsUtils.isTransactionThread(parentReportAction);
-    const showMoneyRequestDetails = isSingleTransactionView;
     return (
         <Animated.View style={[animatedStyles, styles.flex1]}>
             <InvertedFlatList
@@ -171,13 +169,12 @@ function ReportActionsList(props) {
                 ref={reportScrollManager.ref}
                 data={props.sortedReportActions}
                 renderItem={renderItem}
-                contentContainerStyle={[styles.chatContentScrollView, shouldShowReportRecipientLocalTime && styles.pt0, showMoneyRequestDetails && styles.pb0]}
+                contentContainerStyle={[styles.chatContentScrollView, shouldShowReportRecipientLocalTime]}
                 keyExtractor={keyExtractor}
                 initialRowHeight={32}
                 initialNumToRender={calculateInitialNumToRender()}
                 onEndReached={props.loadMoreChats}
                 onEndReachedThreshold={0.75}
-                ListFooterComponentStyle={showMoneyRequestDetails ? styles.chatFooterAtTheTop : {}}
                 ListFooterComponent={() => {
                     if (props.report.isLoadingMoreReportActions) {
                         return <ReportActionsSkeletonView containerHeight={CONST.CHAT_SKELETON_VIEW.AVERAGE_ROW_HEIGHT * 3} />;
@@ -195,17 +192,6 @@ function ReportActionsList(props) {
                             />
                         );
                     }
-                    if (showMoneyRequestDetails) {
-                        return (
-                            <MoneyRequestDetails
-                                report={props.report}
-                                policy={props.policy}
-                                personalDetails={props.personalDetailsList}
-                                isSingleTransactionView={isSingleTransactionView}
-                                parentReportAction={parentReportAction}
-                            />
-                        );
-                    }
                     return null;
                 }}
                 keyboardShouldPersistTaps="handled"