diff --git a/src/libs/OptionsListUtils.js b/src/libs/OptionsListUtils.js
index 0942d799eda7..c86603139a6e 100644
--- a/src/libs/OptionsListUtils.js
+++ b/src/libs/OptionsListUtils.js
@@ -778,23 +778,6 @@ function getHeaderMessage(hasSelectableOptions, hasUserToInvite, searchValue, ma
     return '';
 }
 
-/**
- * Returns the currency list for sections display
- *
- * @param {Object} currencyOptions
- * @param {String} searchValue
- * @returns {Array}
- */
-function getCurrencyListForSections(currencyOptions, searchValue) {
-    const filteredOptions = _.filter(currencyOptions, currencyOption => (
-        isSearchStringMatch(searchValue, currencyOption.text)));
-
-    return {
-        // returns filtered options i.e. options with string match if search text is entered
-        currencyOptions: filteredOptions,
-    };
-}
-
 export {
     addSMSDomainIfPhoneNumber,
     isCurrentUser,
@@ -803,7 +786,6 @@ export {
     getMemberInviteOptions,
     getHeaderMessage,
     getPersonalDetailsForLogins,
-    getCurrencyListForSections,
     getIOUConfirmationOptionsFromMyPersonalDetail,
     getIOUConfirmationOptionsFromParticipants,
     getSearchText,
diff --git a/src/pages/iou/IOUCurrencySelection.js b/src/pages/iou/IOUCurrencySelection.js
index 2621b19ce81f..b7affe898beb 100644
--- a/src/pages/iou/IOUCurrencySelection.js
+++ b/src/pages/iou/IOUCurrencySelection.js
@@ -3,7 +3,6 @@ import PropTypes from 'prop-types';
 import {withOnyx} from 'react-native-onyx';
 import _ from 'underscore';
 import ONYXKEYS from '../../ONYXKEYS';
-import * as OptionsListUtils from '../../libs/OptionsListUtils';
 import OptionsSelector from '../../components/OptionsSelector';
 import Navigation from '../../libs/Navigation/Navigation';
 import ScreenWrapper from '../../components/ScreenWrapper';
@@ -41,11 +40,9 @@ class IOUCurrencySelection extends Component {
     constructor(props) {
         super(props);
 
-        const {currencyOptions} = OptionsListUtils.getCurrencyListForSections(this.getCurrencyOptions(this.props.currencyList), '');
-
         this.state = {
             searchValue: '',
-            currencyData: currencyOptions,
+            currencyData: this.getCurrencyOptions(this.props.currencyList),
         };
         this.getCurrencyOptions = this.getCurrencyOptions.bind(this);
         this.getSections = this.getSections.bind(this);
@@ -90,13 +87,13 @@ class IOUCurrencySelection extends Component {
      * @return {void}
      */
     changeSearchValue(searchValue) {
-        const {currencyOptions} = OptionsListUtils.getCurrencyListForSections(
-            this.getCurrencyOptions(this.props.currencyList),
-            searchValue,
-        );
+        const currencyOptions = this.getCurrencyOptions(this.props.currencyList);
+        const searchRegex = new RegExp(searchValue, 'i');
+        const filteredCurrencies = _.filter(currencyOptions, currencyOption => searchRegex.test(currencyOption.text));
+
         this.setState({
             searchValue,
-            currencyData: currencyOptions,
+            currencyData: filteredCurrencies,
         });
     }