diff --git a/src/libs/ReportUtils.ts b/src/libs/ReportUtils.ts
index 4b9763517983..b09506c8c3bd 100644
--- a/src/libs/ReportUtils.ts
+++ b/src/libs/ReportUtils.ts
@@ -6307,6 +6307,11 @@ function canRequestMoney(report: OnyxEntry<Report>, policy: OnyxEntry<Policy>, o
         return false;
     }
 
+    // Current user must be a manager or owner of this IOU
+    if (isIOUReport(report) && currentUserAccountID !== report?.managerID && currentUserAccountID !== report?.ownerAccountID) {
+        return false;
+    }
+
     // User can submit expenses in any IOU report, unless paid, but the user can only submit expenses in an expense report
     // which is tied to their workspace chat.
     if (isMoneyRequestReport(report)) {
diff --git a/tests/unit/ReportUtilsTest.ts b/tests/unit/ReportUtilsTest.ts
index 12bcabc92b19..6161fa57f75c 100644
--- a/tests/unit/ReportUtilsTest.ts
+++ b/tests/unit/ReportUtilsTest.ts
@@ -561,6 +561,7 @@ describe('ReportUtils', () => {
                     type: CONST.REPORT.TYPE.IOU,
                     stateNum: CONST.REPORT.STATE_NUM.SUBMITTED,
                     statusNum: CONST.REPORT.STATUS_NUM.SUBMITTED,
+                    managerID: currentUserAccountID,
                 };
                 const moneyRequestOptions = ReportUtils.temporary_getMoneyRequestOptions(report, undefined, [currentUserAccountID, participantsAccountIDs[0]]);
                 expect(moneyRequestOptions.length).toBe(1);
@@ -573,6 +574,7 @@ describe('ReportUtils', () => {
                     type: CONST.REPORT.TYPE.IOU,
                     stateNum: CONST.REPORT.STATE_NUM.SUBMITTED,
                     statusNum: CONST.REPORT.STATUS_NUM.SUBMITTED,
+                    managerID: currentUserAccountID,
                 };
                 const moneyRequestOptions = ReportUtils.temporary_getMoneyRequestOptions(report, undefined, [currentUserAccountID, participantsAccountIDs[0]]);
                 expect(moneyRequestOptions.length).toBe(1);
@@ -591,6 +593,7 @@ describe('ReportUtils', () => {
                         ...LHNTestUtils.getFakeReport(),
                         parentReportID: '102',
                         type: CONST.REPORT.TYPE.EXPENSE,
+                        managerID: currentUserAccountID,
                     };
                     const moneyRequestOptions = ReportUtils.temporary_getMoneyRequestOptions(report, undefined, [currentUserAccountID]);
                     expect(moneyRequestOptions.length).toBe(2);
@@ -611,6 +614,7 @@ describe('ReportUtils', () => {
                         stateNum: CONST.REPORT.STATE_NUM.OPEN,
                         statusNum: CONST.REPORT.STATUS_NUM.OPEN,
                         parentReportID: '103',
+                        managerID: currentUserAccountID,
                     };
                     const paidPolicy = {
                         type: CONST.POLICY.TYPE.TEAM,
@@ -634,6 +638,7 @@ describe('ReportUtils', () => {
                     type: CONST.REPORT.TYPE.IOU,
                     stateNum: CONST.REPORT.STATE_NUM.SUBMITTED,
                     statusNum: CONST.REPORT.STATUS_NUM.SUBMITTED,
+                    managerID: currentUserAccountID,
                 };
                 const moneyRequestOptions = ReportUtils.temporary_getMoneyRequestOptions(report, undefined, [currentUserAccountID, participantsAccountIDs[0]]);
                 expect(moneyRequestOptions.length).toBe(1);
@@ -646,6 +651,7 @@ describe('ReportUtils', () => {
                     type: CONST.REPORT.TYPE.IOU,
                     stateNum: CONST.REPORT.STATE_NUM.SUBMITTED,
                     statusNum: CONST.REPORT.STATUS_NUM.SUBMITTED,
+                    managerID: currentUserAccountID,
                 };
                 const moneyRequestOptions = ReportUtils.temporary_getMoneyRequestOptions(report, undefined, [currentUserAccountID, participantsAccountIDs[0]]);
                 expect(moneyRequestOptions.length).toBe(1);
@@ -679,6 +685,7 @@ describe('ReportUtils', () => {
                         statusNum: CONST.REPORT.STATUS_NUM.SUBMITTED,
                         parentReportID: '101',
                         policyID: paidPolicy.id,
+                        managerID: currentUserAccountID,
                     };
                     const moneyRequestOptions = ReportUtils.temporary_getMoneyRequestOptions(report, paidPolicy, [currentUserAccountID, participantsAccountIDs[0]]);
                     expect(moneyRequestOptions.length).toBe(2);
@@ -706,6 +713,7 @@ describe('ReportUtils', () => {
                     ...LHNTestUtils.getFakeReport(),
                     chatType: CONST.REPORT.CHAT_TYPE.POLICY_EXPENSE_CHAT,
                     isOwnPolicyExpenseChat: true,
+                    managerID: currentUserAccountID,
                 };
                 const moneyRequestOptions = ReportUtils.temporary_getMoneyRequestOptions(report, undefined, [currentUserAccountID, ...participantsAccountIDs]);
                 expect(moneyRequestOptions.length).toBe(3);