diff --git a/scripts/ethcommands.ts b/scripts/ethcommands.ts
index 8f318049..533f9471 100644
--- a/scripts/ethcommands.ts
+++ b/scripts/ethcommands.ts
@@ -316,10 +316,7 @@ export const createERC20Command = {
 
       // deploy token on l1
       const l1provider = new ethers.providers.WebSocketProvider(argv.l1url);
-      const deployerWallet = new Wallet(
-        ethers.utils.sha256(ethers.utils.toUtf8Bytes(argv.deployer)),
-        l1provider
-      );
+      const deployerWallet = namedAccount(argv.deployer).connect(l1provider);
 
       const tokenAddress = await deployERC20Contract(deployerWallet, argv.decimals);
       const token = new ethers.Contract(tokenAddress, ERC20.abi, deployerWallet);
@@ -368,10 +365,7 @@ export const createERC20Command = {
 
     // no l1-l2 token bridge, deploy token on l2 directly
     argv.provider = new ethers.providers.WebSocketProvider(argv.l2url);
-    const deployerWallet = new Wallet(
-      ethers.utils.sha256(ethers.utils.toUtf8Bytes(argv.deployer)),
-      argv.provider
-    );
+    const deployerWallet = namedAccount(argv.deployer).connect(argv.provider);
     const tokenAddress = await deployERC20Contract(deployerWallet, argv.decimals);
     console.log("Contract deployed at address:", tokenAddress);
 
@@ -399,11 +393,19 @@ export const transferERC20Command = {
       string: true,
       describe: "address (see general help)",
     },
+    l1: {
+      boolean: true,
+      describe: "if true, transfer on L1",
+    },
   },
   handler: async (argv: any) => {
     console.log("transfer-erc20");
 
-    argv.provider = new ethers.providers.WebSocketProvider(argv.l2url);
+    if (argv.l1) {
+      argv.provider = new ethers.providers.WebSocketProvider(argv.l1url);
+    } else {
+      argv.provider = new ethers.providers.WebSocketProvider(argv.l2url);
+    }
     const account = namedAccount(argv.from).connect(argv.provider);
     const tokenContract = new ethers.Contract(argv.token, ERC20.abi, account);
     const tokenDecimals = await tokenContract.decimals();
diff --git a/test-node.bash b/test-node.bash
index a11f7d94..32b54275 100755
--- a/test-node.bash
+++ b/test-node.bash
@@ -500,7 +500,7 @@ if $force_init; then
         echo == Deploying BOLD stake token
         stakeTokenAddress=`docker compose run scripts create-erc20 --l1 --deployer l2owner --decimals 18 | tail -n 1 | awk '{ print $NF }'`
         echo BOLD stake token address: $stakeTokenAddress
-        docker compose run scripts transfer-erc20 --token $stakeTokenAddress --amount 10000 --from l2owner --to validator
+        docker compose run scripts transfer-erc20 --token $stakeTokenAddress --l1 --amount 10000 --from l2owner --to validator
         echo == Preparing BOLD upgrade
         docker compose run -e TESTNODE_MODE=true -e ROLLUP_ADDRESS=$rollupAddress -e STAKE_TOKEN=$stakeTokenAddress boldupgrader script:bold-prepare
         # retry this 10 times because the staker might not have made a node yet