diff --git a/src/blockdata/transaction.rs b/src/blockdata/transaction.rs
index f5147a7873..acf509874a 100644
--- a/src/blockdata/transaction.rs
+++ b/src/blockdata/transaction.rs
@@ -608,7 +608,20 @@ impl Decodable for Transaction {
     }
 }
 
-/// Hashtype of a transaction, encoded in the last byte of a signature
+/// This type is consensus valid but an input including it would prevent the transaction from
+/// being relayed on today's Bitcoin network.
+#[derive(Debug, Copy, Clone, PartialEq, Eq, PartialOrd, Ord, Hash)]
+pub struct NonStandardSigHashType;
+
+impl fmt::Display for NonStandardSigHashType {
+    fn fmt(&self, f: &mut fmt::Formatter) -> fmt::Result {
+        write!(f, "Non standard sighash type")
+    }
+}
+
+impl error::Error for NonStandardSigHashType {}
+
+/// Hashtype of an input's signature, encoded in the last byte of the signature
 /// Fixed values so they can be casted as integer types for encoding
 #[derive(PartialEq, Eq, Debug, Copy, Clone)]
 pub enum SigHashType {
@@ -673,9 +686,23 @@ impl SigHashType {
          }
      }
 
-     /// Reads a 4-byte uint32 as a sighash type
+     /// Reads a 4-byte uint32 as a sighash type.
+     #[deprecated(since="0.26.1", note="please use `from_u32_consensus` or `from_u32_standard` instead")]
      pub fn from_u32(n: u32) -> SigHashType {
-         match n & 0x9f {
+         Self::from_u32_consensus(n)
+     }
+
+     /// Reads a 4-byte uint32 as a sighash type.
+     ///
+     /// **Note**: this replicates consensus behaviour, for current standardness rules correctness
+     /// you probably want [from_u32_standard].
+     pub fn from_u32_consensus(n: u32) -> SigHashType {
+         // In Bitcoin Core, the SignatureHash function will mask the (int32) value with
+         // 0x1f to (apparently) deactivate ACP when checking for SINGLE and NONE bits.
+         // We however want to be matching also against on ACP-masked ALL, SINGLE, and NONE.
+         // So here we re-activate ACP.
+         let mask = 0x1f | 0x80;
+         match n & mask {
              // "real" sighashes
              0x01 => SigHashType::All,
              0x02 => SigHashType::None,
@@ -689,6 +716,21 @@ impl SigHashType {
          }
      }
 
+     /// Read a 4-byte uint32 as a standard sighash type, returning an error if the type
+     /// is non standard.
+     pub fn from_u32_standard(n: u32) -> Result<SigHashType, NonStandardSigHashType> {
+         match n {
+             // Standard sighashes, see https://github.com/bitcoin/bitcoin/blob/b805dbb0b9c90dadef0424e5b3bf86ac308e103e/src/script/interpreter.cpp#L189-L198
+             0x01 => Ok(SigHashType::All),
+             0x02 => Ok(SigHashType::None),
+             0x03 => Ok(SigHashType::Single),
+             0x81 => Ok(SigHashType::AllPlusAnyoneCanPay),
+             0x82 => Ok(SigHashType::NonePlusAnyoneCanPay),
+             0x83 => Ok(SigHashType::SinglePlusAnyoneCanPay),
+             _ => Err(NonStandardSigHashType)
+         }
+     }
+
      /// Converts to a u32
      pub fn as_u32(self) -> u32 { self as u32 }
 }
@@ -701,7 +743,7 @@ impl From<SigHashType> for u32 {
 
 #[cfg(test)]
 mod tests {
-    use super::{OutPoint, ParseOutPointError, Transaction, TxIn};
+    use super::{OutPoint, ParseOutPointError, Transaction, TxIn, NonStandardSigHashType};
 
     use std::str::FromStr;
     use blockdata::constants::WITNESS_SCALE_FACTOR;
@@ -994,6 +1036,15 @@ mod tests {
         }
     }
 
+    #[test]
+    fn test_sighashtype_standard() {
+        let nonstandard_hashtype = 0x04;
+        // This type is not well defined, by consensus it becomes ALL
+        assert_eq!(SigHashType::from_u32(nonstandard_hashtype), SigHashType::All);
+        // But it's policy-invalid to use it!
+        assert_eq!(SigHashType::from_u32_standard(nonstandard_hashtype), Err(NonStandardSigHashType));
+    }
+
     // These test vectors were stolen from libbtc, which is Copyright 2014 Jonas Schnelli MIT
     // They were transformed by replacing {...} with run_test_sighash(...), then the ones containing
     // OP_CODESEPARATOR in their pubkeys were removed
diff --git a/src/util/bip143.rs b/src/util/bip143.rs
index de49bfbe09..d12477db75 100644
--- a/src/util/bip143.rs
+++ b/src/util/bip143.rs
@@ -292,7 +292,7 @@ mod tests {
         let raw_expected = SigHash::from_hex(expected_result).unwrap();
         let expected_result = SigHash::from_slice(&raw_expected[..]).unwrap();
         let mut cache = SigHashCache::new(&tx);
-        let sighash_type = SigHashType::from_u32(hash_type);
+        let sighash_type = SigHashType::from_u32_consensus(hash_type);
         let actual_result = cache.signature_hash(input_index, &script, value, sighash_type);
         assert_eq!(actual_result, expected_result);
     }
diff --git a/src/util/psbt/serialize.rs b/src/util/psbt/serialize.rs
index 7344c73f5a..5e530a4596 100644
--- a/src/util/psbt/serialize.rs
+++ b/src/util/psbt/serialize.rs
@@ -132,7 +132,7 @@ impl Serialize for SigHashType {
 impl Deserialize for SigHashType {
     fn deserialize(bytes: &[u8]) -> Result<Self, encode::Error> {
         let raw: u32 = encode::deserialize(bytes)?;
-        let rv: SigHashType = SigHashType::from_u32(raw);
+        let rv: SigHashType = SigHashType::from_u32_consensus(raw);
 
         if rv.as_u32() == raw {
             Ok(rv)