diff --git a/cumulus/polkadot-parachains/rococo-parachain/src/lib.rs b/cumulus/polkadot-parachains/rococo-parachain/src/lib.rs
index cbe8dab5cc..6135dd55aa 100644
--- a/cumulus/polkadot-parachains/rococo-parachain/src/lib.rs
+++ b/cumulus/polkadot-parachains/rococo-parachain/src/lib.rs
@@ -312,7 +312,7 @@ pub type FungiblesTransactor = FungiblesAdapter<
 	ConvertedConcreteAssetId<
 		AssetId,
 		u64,
-		AsPrefixedGeneralIndex<StatemintLocation, AssetId, JustTry>,
+		AsPrefixedGeneralIndex<StatemintAssetsPalletLocation, AssetId, JustTry>,
 		JustTry,
 	>,
 	// Convert an XCM MultiLocation into a local account id:
@@ -386,6 +386,10 @@ pub type Barrier = (
 
 parameter_types! {
 	pub StatemintLocation: MultiLocation = MultiLocation::new(1, X1(Parachain(1000)));
+	// ALWAYS ensure that the index in PalletInstance stays up-to-date with
+	// Statemint's Assets pallet index
+	pub StatemintAssetsPalletLocation: MultiLocation =
+		MultiLocation::new(1, X2(Parachain(1000), PalletInstance(50)));
 }
 
 pub type Reserves = (NativeAsset, AssetsFrom<StatemintLocation>);
diff --git a/cumulus/polkadot-parachains/statemine/src/lib.rs b/cumulus/polkadot-parachains/statemine/src/lib.rs
index 9deb4053b6..685c54505a 100644
--- a/cumulus/polkadot-parachains/statemine/src/lib.rs
+++ b/cumulus/polkadot-parachains/statemine/src/lib.rs
@@ -43,7 +43,7 @@ use codec::{Decode, Encode, MaxEncodedLen};
 use constants::{currency::*, fee::WeightToFee};
 use frame_support::{
 	construct_runtime, match_type, parameter_types,
-	traits::{EnsureOneOf, Everything, InstanceFilter, Nothing},
+	traits::{EnsureOneOf, Everything, InstanceFilter, Nothing, PalletInfoAccess},
 	weights::{
 		constants::{BlockExecutionWeight, ExtrinsicBaseWeight},
 		DispatchClass, IdentityFee, Weight,
@@ -432,6 +432,8 @@ parameter_types! {
 	pub RelayChainOrigin: Origin = cumulus_pallet_xcm::Origin::Relay.into();
 	pub Ancestry: MultiLocation = Parachain(ParachainInfo::parachain_id().into()).into();
 	pub const Local: MultiLocation = Here.into();
+	pub AssetsPalletLocation: MultiLocation =
+		PalletInstance(<Assets as PalletInfoAccess>::index() as u8).into();
 	pub CheckingAccount: AccountId = PolkadotXcm::check_account();
 }
 
@@ -469,7 +471,7 @@ pub type FungiblesTransactor = FungiblesAdapter<
 	ConvertedConcreteAssetId<
 		AssetId,
 		Balance,
-		AsPrefixedGeneralIndex<Local, AssetId, JustTry>,
+		AsPrefixedGeneralIndex<AssetsPalletLocation, AssetId, JustTry>,
 		JustTry,
 	>,
 	// Convert an XCM MultiLocation into a local account id:
diff --git a/cumulus/polkadot-parachains/statemint/src/lib.rs b/cumulus/polkadot-parachains/statemint/src/lib.rs
index 69be4b9759..b6575f6d63 100644
--- a/cumulus/polkadot-parachains/statemint/src/lib.rs
+++ b/cumulus/polkadot-parachains/statemint/src/lib.rs
@@ -43,7 +43,7 @@ use codec::{Decode, Encode, MaxEncodedLen};
 use constants::{currency::*, fee::WeightToFee};
 use frame_support::{
 	construct_runtime, match_type, parameter_types,
-	traits::{Contains, EnsureOneOf, Everything, InstanceFilter, Nothing},
+	traits::{Contains, EnsureOneOf, Everything, InstanceFilter, Nothing, PalletInfoAccess},
 	weights::{
 		constants::{BlockExecutionWeight, ExtrinsicBaseWeight},
 		DispatchClass, IdentityFee, Weight,
@@ -444,6 +444,8 @@ parameter_types! {
 	pub RelayChainOrigin: Origin = cumulus_pallet_xcm::Origin::Relay.into();
 	pub Ancestry: MultiLocation = Parachain(ParachainInfo::parachain_id().into()).into();
 	pub const Local: MultiLocation = Here.into();
+	pub AssetsPalletLocation: MultiLocation =
+		PalletInstance(<Assets as PalletInfoAccess>::index() as u8).into();
 	pub CheckingAccount: AccountId = PolkadotXcm::check_account();
 }
 
@@ -481,7 +483,7 @@ pub type FungiblesTransactor = FungiblesAdapter<
 	ConvertedConcreteAssetId<
 		AssetId,
 		Balance,
-		AsPrefixedGeneralIndex<Local, AssetId, JustTry>,
+		AsPrefixedGeneralIndex<AssetsPalletLocation, AssetId, JustTry>,
 		JustTry,
 	>,
 	// Convert an XCM MultiLocation into a local account id:
diff --git a/cumulus/polkadot-parachains/westmint/src/lib.rs b/cumulus/polkadot-parachains/westmint/src/lib.rs
index 432106d5e1..0189445d19 100644
--- a/cumulus/polkadot-parachains/westmint/src/lib.rs
+++ b/cumulus/polkadot-parachains/westmint/src/lib.rs
@@ -43,7 +43,7 @@ use codec::{Decode, Encode, MaxEncodedLen};
 use constants::{currency::*, fee::WeightToFee};
 use frame_support::{
 	construct_runtime, match_type, parameter_types,
-	traits::{Everything, InstanceFilter},
+	traits::{Everything, InstanceFilter, PalletInfoAccess},
 	weights::{
 		constants::{BlockExecutionWeight, ExtrinsicBaseWeight},
 		DispatchClass, IdentityFee, Weight,
@@ -430,6 +430,8 @@ parameter_types! {
 	pub RelayChainOrigin: Origin = cumulus_pallet_xcm::Origin::Relay.into();
 	pub Ancestry: MultiLocation = Parachain(ParachainInfo::parachain_id().into()).into();
 	pub const Local: MultiLocation = Here.into();
+	pub AssetsPalletLocation: MultiLocation =
+		PalletInstance(<Assets as PalletInfoAccess>::index() as u8).into();
 	pub CheckingAccount: AccountId = PolkadotXcm::check_account();
 }
 
@@ -467,7 +469,7 @@ pub type FungiblesTransactor = FungiblesAdapter<
 	ConvertedConcreteAssetId<
 		AssetId,
 		Balance,
-		AsPrefixedGeneralIndex<Local, AssetId, JustTry>,
+		AsPrefixedGeneralIndex<AssetsPalletLocation, AssetId, JustTry>,
 		JustTry,
 	>,
 	// Convert an XCM MultiLocation into a local account id: