diff --git a/electrum/__init__.py b/electrum/__init__.py
index a704a87c5..793f2930c 100644
--- a/electrum/__init__.py
+++ b/electrum/__init__.py
@@ -6,7 +6,7 @@ is_bundle = getattr(sys, 'frozen', False)
 is_local = not is_bundle and os.path.exists(os.path.join(os.path.dirname(os.path.dirname(__file__)), "electrum.desktop"))
 
 # when running from source, on Windows, also search for DLLs in inner 'electrum' folder
-if is_local and os.name == 'nt':
+if is_local and os.name == 'nt':  # fixme: duplicated between main script and __init__.py :(
     os.add_dll_directory(os.path.dirname(__file__))
 
 
diff --git a/run_electrum b/run_electrum
index 957b862b9..31fbc8369 100755
--- a/run_electrum
+++ b/run_electrum
@@ -65,6 +65,11 @@ if is_pyinstaller:
     _file = open(sys.executable, 'rb')
 
 
+# when running from source, on Windows, also search for DLLs in inner 'electrum' folder
+if is_local and os.name == 'nt':  # fixme: duplicated between main script and __init__.py :(
+    os.add_dll_directory(os.path.join(os.path.dirname(__file__), 'electrum'))
+
+
 def check_imports():
     # pure-python dependencies need to be imported here for pyinstaller
     try: