diff --git a/src/exchange/taler-exchange-httpd_batch-deposit.c b/src/exchange/taler-exchange-httpd_batch-deposit.c
index 92bf5bdde..a51b3ee26 100644
--- a/src/exchange/taler-exchange-httpd_batch-deposit.c
+++ b/src/exchange/taler-exchange-httpd_batch-deposit.c
@@ -688,12 +688,33 @@ TEH_handler_batch_deposit (struct TEH_RequestContext *rc,
                                   struct TALER_EXCHANGEDB_Deposit);
   for (unsigned int i = 0; i<dc.num_coins; i++)
   {
-    if (GNUNET_OK !=
-        (res = parse_coin (connection,
-                           json_array_get (coins,
-                                           i),
-                           &dc,
-                           &dc.deposits[i])))
+    do {
+      res = parse_coin (connection,
+                        json_array_get (coins,
+                                        i),
+                        &dc,
+                        &dc.deposits[i]);
+      if (GNUNET_OK != res)
+        break;
+
+      /* If applicable, accumulate all contributions into the policy_details */
+      if (dc.has_policy)
+      {
+        /* FIXME: how doe deposit-fee and policy-fee interact? */
+        struct TALER_Amount amount_without_fee;
+
+        res = TALER_amount_subtract (&amount_without_fee,
+                                     &dc.deposits[i].amount_with_fee,
+                                     &dc.deposits[i].deposit_fee
+                                     );
+        res = TALER_amount_add (
+          &dc.policy_details.accumulated_total,
+          &dc.policy_details.accumulated_total,
+          &amount_without_fee);
+      }
+    } while(0);
+
+    if (GNUNET_OK != res)
     {
       for (unsigned int j = 0; j<i; j++)
         TALER_denom_sig_free (&dc.deposits[j].coin.denom_sig);
@@ -701,8 +722,6 @@ TEH_handler_batch_deposit (struct TEH_RequestContext *rc,
       GNUNET_JSON_parse_free (spec);
       return (GNUNET_NO == res) ? MHD_YES : MHD_NO;
     }
-
-    /* FIXME: sum all contributions for the policy_details.accumulated_total */
   }
 
   dc.exchange_timestamp = GNUNET_TIME_timestamp_get ();