diff --git a/src/libs/ReportActionsUtils.ts b/src/libs/ReportActionsUtils.ts
index c3b377783b13..bf1a9f994c37 100644
--- a/src/libs/ReportActionsUtils.ts
+++ b/src/libs/ReportActionsUtils.ts
@@ -675,12 +675,12 @@ function getLatestReportActionFromOnyxData(onyxData: OnyxUpdate[] | null): OnyxE
 /**
  * Find the transaction associated with this reportAction, if one exists.
  */
-function getLinkedTransactionID(reportID: string, reportActionID: string): string | null {
-    const reportAction = allReportActions?.[reportID]?.[reportActionID];
+function getLinkedTransactionID(reportActionOrID: string | OnyxEntry<ReportAction>, reportID?: string): string | null {
+    const reportAction = typeof reportActionOrID === 'string' ? allReportActions?.[reportID ?? '']?.[reportActionOrID] : reportActionOrID;
     if (!reportAction || reportAction.actionName !== CONST.REPORT.ACTIONS.TYPE.IOU) {
         return null;
     }
-    return reportAction.originalMessage.IOUTransactionID ?? null;
+    return reportAction.originalMessage?.IOUTransactionID ?? null;
 }
 
 function getReportAction(reportID: string, reportActionID: string): OnyxEntry<ReportAction> {
diff --git a/src/libs/ReportUtils.ts b/src/libs/ReportUtils.ts
index a2bf892b96b4..bd9bda427452 100644
--- a/src/libs/ReportUtils.ts
+++ b/src/libs/ReportUtils.ts
@@ -61,6 +61,7 @@ import isReportMessageAttachment from './isReportMessageAttachment';
 import localeCompare from './LocaleCompare';
 import * as LocalePhoneNumber from './LocalePhoneNumber';
 import * as Localize from './Localize';
+import Log from './Log';
 import {isEmailPublicDomain} from './LoginUtils';
 import ModifiedExpenseMessage from './ModifiedExpenseMessage';
 import linkingConfig from './Navigation/linkingConfig';
@@ -2487,15 +2488,6 @@ function getLinkedTransaction(reportAction: OnyxEntry<ReportAction | OptimisticI
     return allTransactions?.[`${ONYXKEYS.COLLECTION.TRANSACTION}${transactionID}`] ?? {};
 }
 
-/**
- * Retrieve the particular transaction object given its ID.
- *
- * NOTE: This method is only meant to be used inside this action file. Do not export and use it elsewhere. Use withOnyx or Onyx.connect() instead.
- */
-function getTransaction(transactionID: string): OnyxEntry<Transaction> | EmptyObject {
-    return allTransactions?.[`${ONYXKEYS.COLLECTION.TRANSACTION}${transactionID}`] ?? {};
-}
-
 /**
  * Given a parent IOU report action get report name for the LHN.
  */
@@ -5195,7 +5187,7 @@ function getVisibleMemberIDs(report: OnyxEntry<Report>): number[] {
 /**
  * Return iou report action display message
  */
-function getIOUReportActionDisplayMessage(reportAction: OnyxEntry<ReportAction>): string {
+function getIOUReportActionDisplayMessage(reportAction: OnyxEntry<ReportAction>, transaction?: OnyxEntry<Transaction>, shouldLog = false): string {
     if (reportAction?.actionName !== CONST.REPORT.ACTIONS.TYPE.IOU) {
         return '';
     }
@@ -5225,7 +5217,15 @@ function getIOUReportActionDisplayMessage(reportAction: OnyxEntry<ReportAction>)
         return Localize.translateLocal(translationKey, {amount: formattedAmount, payer: ''});
     }
 
-    const transaction = getTransaction(originalMessage.IOUTransactionID ?? '');
+    // This log to server is temporary and needed to determine if there is a case we need the transaction param
+    // when we call getIOUReportActionDisplayMessage from ReportActionItemMessage
+    if (shouldLog) {
+        Log.alert('Transaction Param Used when getIOUReportActionDisplayMessage was called from ReportActionItemMessage', {
+            reportActionID: reportAction.reportActionID,
+            originalMessageType: originalMessage.type,
+        });
+    }
+
     const transactionDetails = getTransactionDetails(!isEmptyObject(transaction) ? transaction : null);
     const formattedAmount = CurrencyUtils.convertToDisplayString(transactionDetails?.amount ?? 0, transactionDetails?.currency);
     const isRequestSettled = isSettled(originalMessage.IOUReportID);
diff --git a/src/libs/actions/ReportActions.ts b/src/libs/actions/ReportActions.ts
index 66deb8aca065..ae886e0309dc 100644
--- a/src/libs/actions/ReportActions.ts
+++ b/src/libs/actions/ReportActions.ts
@@ -22,7 +22,7 @@ function clearReportActionErrors(reportID: string, reportAction: ReportAction, k
         });
 
         // If there's a linked transaction, delete that too
-        const linkedTransactionID = ReportActionUtils.getLinkedTransactionID(originalReportID ?? '', reportAction.reportActionID);
+        const linkedTransactionID = ReportActionUtils.getLinkedTransactionID(reportAction.reportActionID, originalReportID ?? '');
         if (linkedTransactionID) {
             Onyx.set(`${ONYXKEYS.COLLECTION.TRANSACTION}${linkedTransactionID}`, null);
         }
diff --git a/src/pages/home/report/ContextMenu/BaseReportActionContextMenu.tsx b/src/pages/home/report/ContextMenu/BaseReportActionContextMenu.tsx
index 10c7dddf2631..07a894251fd4 100755
--- a/src/pages/home/report/ContextMenu/BaseReportActionContextMenu.tsx
+++ b/src/pages/home/report/ContextMenu/BaseReportActionContextMenu.tsx
@@ -14,11 +14,12 @@ import useLocalize from '@hooks/useLocalize';
 import useNetwork from '@hooks/useNetwork';
 import useStyleUtils from '@hooks/useStyleUtils';
 import useWindowDimensions from '@hooks/useWindowDimensions';
+import * as ReportActionsUtils from '@libs/ReportActionsUtils';
 import * as ReportUtils from '@libs/ReportUtils';
 import * as Session from '@userActions/Session';
 import CONST from '@src/CONST';
 import ONYXKEYS from '@src/ONYXKEYS';
-import type {Beta, ReportAction, ReportActions} from '@src/types/onyx';
+import type {Beta, ReportAction, ReportActions, Transaction} from '@src/types/onyx';
 import {isEmptyObject} from '@src/types/utils/EmptyObject';
 import type {ContextMenuAction, ContextMenuActionPayload} from './ContextMenuActions';
 import ContextMenuActions from './ContextMenuActions';
@@ -31,6 +32,9 @@ type BaseReportActionContextMenuOnyxProps = {
 
     /** All of the actions of the report */
     reportActions: OnyxEntry<ReportActions>;
+
+    /** The transaction linked to the report action this context menu is attached to. */
+    transaction: OnyxEntry<Transaction>;
 };
 
 type BaseReportActionContextMenuProps = BaseReportActionContextMenuOnyxProps & {
@@ -106,6 +110,7 @@ function BaseReportActionContextMenu({
     selection = '',
     draftMessage = '',
     reportActionID,
+    transaction,
     reportID,
     betas,
     reportActions,
@@ -252,6 +257,7 @@ function BaseReportActionContextMenu({
                         textTranslateKey === 'reportActionContextMenu.deleteAction' ||
                         textTranslateKey === 'reportActionContextMenu.deleteConfirmation';
                     const text = textTranslateKey && (isKeyInActionUpdateKeys ? translate(textTranslateKey, {action: reportAction}) : translate(textTranslateKey));
+                    const transactionPayload = textTranslateKey === 'reportActionContextMenu.copyToClipboard' && transaction && {transaction};
                     const isMenuAction = textTranslateKey === 'reportActionContextMenu.menu';
 
                     return (
@@ -268,7 +274,7 @@ function BaseReportActionContextMenu({
                             key={contextAction.textTranslateKey}
                             onPress={(event) =>
                                 interceptAnonymousUser(
-                                    () => contextAction.onPress?.(closePopup, {...payload, event, ...(isMenuAction ? {anchorRef: threedotRef} : {})}),
+                                    () => contextAction.onPress?.(closePopup, {...payload, ...transactionPayload, event, ...(isMenuAction ? {anchorRef: threedotRef} : {})}),
                                     contextAction.isAnonymousAction,
                                 )
                             }
@@ -292,6 +298,12 @@ export default withOnyx<BaseReportActionContextMenuProps, BaseReportActionContex
         key: ({originalReportID}) => `${ONYXKEYS.COLLECTION.REPORT_ACTIONS}${originalReportID}`,
         canEvict: false,
     },
+    transaction: {
+        key: ({reportActions, reportActionID}) => {
+            const reportAction = reportActions?.[reportActionID];
+            return `${ONYXKEYS.COLLECTION.TRANSACTION}${(reportAction && ReportActionsUtils.getLinkedTransactionID(reportAction)) ?? 0}`;
+        },
+    },
 })(
     memo(BaseReportActionContextMenu, (prevProps, nextProps) => {
         const {reportActions: prevReportActions, ...prevPropsWithoutReportActions} = prevProps;
diff --git a/src/pages/home/report/ContextMenu/ContextMenuActions.tsx b/src/pages/home/report/ContextMenu/ContextMenuActions.tsx
index ea65ab40ac0a..dfc1edb32ba1 100644
--- a/src/pages/home/report/ContextMenu/ContextMenuActions.tsx
+++ b/src/pages/home/report/ContextMenu/ContextMenuActions.tsx
@@ -27,7 +27,7 @@ import * as Report from '@userActions/Report';
 import CONST from '@src/CONST';
 import type {TranslationPaths} from '@src/languages/types';
 import ROUTES from '@src/ROUTES';
-import type {Beta, ReportAction, ReportActionReactions, Report as ReportType} from '@src/types/onyx';
+import type {Beta, ReportAction, ReportActionReactions, Report as ReportType, Transaction} from '@src/types/onyx';
 import type IconAsset from '@src/types/utils/IconAsset';
 import type {ContextMenuAnchor} from './ReportActionContextMenu';
 import {hideContextMenu, showDeleteModal} from './ReportActionContextMenu';
@@ -65,6 +65,7 @@ type ShouldShow = (
 
 type ContextMenuActionPayload = {
     reportAction: ReportAction;
+    transaction?: OnyxEntry<Transaction>;
     reportID: string;
     draftMessage: string;
     selection: string;
@@ -341,7 +342,7 @@ const ContextMenuActions: ContextMenuAction[] = [
         // If return value is true, we switch the `text` and `icon` on
         // `ContextMenuItem` with `successText` and `successIcon` which will fall back to
         // the `text` and `icon`
-        onPress: (closePopover, {reportAction, selection, reportID}) => {
+        onPress: (closePopover, {reportAction, transaction, selection, reportID}) => {
             const isReportPreviewAction = ReportActionsUtils.isReportPreviewAction(reportAction);
             const messageHtml = getActionHtml(reportAction);
             const messageText = ReportActionsUtils.getReportActionMessageText(reportAction);
@@ -365,7 +366,7 @@ const ContextMenuActions: ContextMenuAction[] = [
                     const displayMessage = ReportUtils.getReimbursementDeQueuedActionMessage(reportAction, expenseReport);
                     Clipboard.setString(displayMessage);
                 } else if (ReportActionsUtils.isMoneyRequestAction(reportAction)) {
-                    const displayMessage = ReportUtils.getIOUReportActionDisplayMessage(reportAction);
+                    const displayMessage = ReportUtils.getIOUReportActionDisplayMessage(reportAction, transaction);
                     Clipboard.setString(displayMessage);
                 } else if (ReportActionsUtils.isCreatedTaskReportAction(reportAction)) {
                     const taskPreviewMessage = TaskUtils.getTaskCreatedMessage(reportAction);
diff --git a/src/pages/home/report/ContextMenu/MiniReportActionContextMenu/types.ts b/src/pages/home/report/ContextMenu/MiniReportActionContextMenu/types.ts
index b7c3d6214094..b18c932fd7e2 100644
--- a/src/pages/home/report/ContextMenu/MiniReportActionContextMenu/types.ts
+++ b/src/pages/home/report/ContextMenu/MiniReportActionContextMenu/types.ts
@@ -1,6 +1,6 @@
 import type {BaseReportActionContextMenuProps} from '@pages/home/report/ContextMenu/BaseReportActionContextMenu';
 
-type MiniReportActionContextMenuProps = Omit<BaseReportActionContextMenuProps, 'isMini' | 'betas' | 'reportActions'> & {
+type MiniReportActionContextMenuProps = Omit<BaseReportActionContextMenuProps, 'isMini' | 'betas' | 'reportActions' | 'transaction'> & {
     /** Should the reportAction this menu is attached to have the appearance of being grouped with the previous reportAction? */
     displayAsGroup?: boolean;
 };
diff --git a/src/pages/home/report/ReportActionItemMessage.tsx b/src/pages/home/report/ReportActionItemMessage.tsx
index e7ac957a0800..eec0b825e454 100644
--- a/src/pages/home/report/ReportActionItemMessage.tsx
+++ b/src/pages/home/report/ReportActionItemMessage.tsx
@@ -2,18 +2,26 @@ import type {ReactElement} from 'react';
 import React from 'react';
 import type {StyleProp, TextStyle, ViewStyle} from 'react-native';
 import {View} from 'react-native';
+import {withOnyx} from 'react-native-onyx';
+import type {OnyxEntry} from 'react-native-onyx';
 import Text from '@components/Text';
 import useLocalize from '@hooks/useLocalize';
 import useThemeStyles from '@hooks/useThemeStyles';
 import * as ReportActionsUtils from '@libs/ReportActionsUtils';
 import * as ReportUtils from '@libs/ReportUtils';
 import CONST from '@src/CONST';
-import type {ReportAction} from '@src/types/onyx';
+import ONYXKEYS from '@src/ONYXKEYS';
+import type {ReportAction, Transaction} from '@src/types/onyx';
 import type {OriginalMessageAddComment} from '@src/types/onyx/OriginalMessage';
 import TextCommentFragment from './comment/TextCommentFragment';
 import ReportActionItemFragment from './ReportActionItemFragment';
 
-type ReportActionItemMessageProps = {
+type ReportActionItemMessageOnyxProps = {
+    /** The transaction linked to the report action. */
+    transaction: OnyxEntry<Transaction>;
+};
+
+type ReportActionItemMessageProps = ReportActionItemMessageOnyxProps & {
     /** The report action */
     action: ReportAction;
 
@@ -30,7 +38,7 @@ type ReportActionItemMessageProps = {
     reportID: string;
 };
 
-function ReportActionItemMessage({action, displayAsGroup, reportID, style, isHidden = false}: ReportActionItemMessageProps) {
+function ReportActionItemMessage({action, transaction, displayAsGroup, reportID, style, isHidden = false}: ReportActionItemMessageProps) {
     const styles = useThemeStyles();
     const {translate} = useLocalize();
 
@@ -58,7 +66,7 @@ function ReportActionItemMessage({action, displayAsGroup, reportID, style, isHid
         const originalMessage = action.actionName === CONST.REPORT.ACTIONS.TYPE.IOU ? action.originalMessage : null;
         const iouReportID = originalMessage?.IOUReportID;
         if (iouReportID) {
-            iouMessage = ReportUtils.getIOUReportActionDisplayMessage(action);
+            iouMessage = ReportUtils.getIOUReportActionDisplayMessage(action, transaction, true);
         }
     }
 
@@ -115,4 +123,8 @@ function ReportActionItemMessage({action, displayAsGroup, reportID, style, isHid
 
 ReportActionItemMessage.displayName = 'ReportActionItemMessage';
 
-export default ReportActionItemMessage;
+export default withOnyx<ReportActionItemMessageProps, ReportActionItemMessageOnyxProps>({
+    transaction: {
+        key: ({action}) => `${ONYXKEYS.COLLECTION.TRANSACTION}${ReportActionsUtils.getLinkedTransactionID(action) ?? 0}`,
+    },
+})(ReportActionItemMessage);