diff --git a/veza-backend-api/migrations/116_seller_transfers_retry.sql b/veza-backend-api/migrations/116_seller_transfers_retry.sql
new file mode 100644
index 000000000..5f30470f7
--- /dev/null
+++ b/veza-backend-api/migrations/116_seller_transfers_retry.sql
@@ -0,0 +1,8 @@
+-- v0.701: Add retry columns for TransferRetryWorker
+ALTER TABLE seller_transfers
+    ADD COLUMN IF NOT EXISTS retry_count INTEGER NOT NULL DEFAULT 0,
+    ADD COLUMN IF NOT EXISTS next_retry_at TIMESTAMPTZ;
+
+CREATE INDEX IF NOT EXISTS idx_seller_transfers_retry
+    ON seller_transfers(status, next_retry_at)
+    WHERE status = 'failed' AND next_retry_at IS NOT NULL;