diff --git a/subxt/src/tx/tx_client.rs b/subxt/src/tx/tx_client.rs
index 5abe69affd..edcc6b1eb4 100644
--- a/subxt/src/tx/tx_client.rs
+++ b/subxt/src/tx/tx_client.rs
@@ -28,6 +28,7 @@ use codec::{
     Encode,
 };
 use derivative::Derivative;
+use std::borrow::Cow;
 
 // This is returned from an API below, so expose it here.
 pub use crate::rpc::types::DryRunResult;
@@ -122,24 +123,22 @@ impl<T: Config, C: OfflineClientT<T>> TxClient<T, C> {
         ))
     }
 
-    /// Creates a raw signed extrinsic without submitting it.
-    pub fn create_signed_with_nonce<Call, Signer>(
+    /// Create a partial extrinsic.
+    pub fn create_partial_signed_with_nonce<Call>(
         &self,
         call: &Call,
-        signer: &Signer,
         account_nonce: T::Index,
         other_params: <T::ExtrinsicParams as ExtrinsicParams<T::Index, T::Hash>>::OtherParams,
-    ) -> Result<SubmittableExtrinsic<T, C>, Error>
+    ) -> Result<PartialExtrinsic<T, C>, Error>
     where
         Call: TxPayload,
-        Signer: SignerT<T>,
     {
         // 1. Validate this call against the current node metadata if the call comes
         // with a hash allowing us to do so.
         self.validate(call)?;
 
         // 2. SCALE encode call data to bytes (pallet u8, call u8, call params).
-        let call_data = Encoded(self.call_data(call)?);
+        let call_data = self.call_data(call)?;
 
         // 3. Construct our custom additional/extra params.
         let additional_and_extra_params = {
@@ -154,60 +153,37 @@ impl<T: Config, C: OfflineClientT<T>> TxClient<T, C> {
             )
         };
 
-        tracing::debug!(
-            "tx additional_and_extra_params: {:?}",
-            additional_and_extra_params
-        );
-
-        // 4. Construct signature. This is compatible with the Encode impl
-        //    for SignedPayload (which is this payload of bytes that we'd like)
-        //    to sign. See:
-        //    https://github.com/paritytech/substrate/blob/9a6d706d8db00abb6ba183839ec98ecd9924b1f8/primitives/runtime/src/generic/unchecked_extrinsic.rs#L215)
-        let signature = {
-            let mut bytes = Vec::new();
-            call_data.encode_to(&mut bytes);
-            additional_and_extra_params.encode_extra_to(&mut bytes);
-            additional_and_extra_params.encode_additional_to(&mut bytes);
-            if bytes.len() > 256 {
-                signer.sign(T::Hasher::hash_of(&Encoded(bytes)).as_ref())
-            } else {
-                signer.sign(&bytes)
-            }
-        };
+        // Return these details, ready to construct a signed extrinsic from.
+        Ok(PartialExtrinsic {
+            client: self.client.clone(),
+            call_data,
+            additional_and_extra_params,
+        })
+    }
 
-        tracing::debug!("tx signature: {}", hex::encode(signature.encode()));
+    /// Creates a signed extrinsic without submitting it.
+    pub fn create_signed_with_nonce<Call, Signer>(
+        &self,
+        call: &Call,
+        signer: &Signer,
+        account_nonce: T::Index,
+        other_params: <T::ExtrinsicParams as ExtrinsicParams<T::Index, T::Hash>>::OtherParams,
+    ) -> Result<SubmittableExtrinsic<T, C>, Error>
+    where
+        Call: TxPayload,
+        Signer: SignerT<T>,
+    {
+        // 1. Validate this call against the current node metadata if the call comes
+        // with a hash allowing us to do so.
+        self.validate(call)?;
 
-        // 5. Encode extrinsic, now that we have the parts we need. This is compatible
-        //    with the Encode impl for UncheckedExtrinsic (protocol version 4).
-        let extrinsic = {
-            let mut encoded_inner = Vec::new();
-            // "is signed" + transaction protocol version (4)
-            (0b10000000 + 4u8).encode_to(&mut encoded_inner);
-            // from address for signature
-            signer.address().encode_to(&mut encoded_inner);
-            // the signature bytes
-            signature.encode_to(&mut encoded_inner);
-            // attach custom extra params
-            additional_and_extra_params.encode_extra_to(&mut encoded_inner);
-            // and now, call data
-            call_data.encode_to(&mut encoded_inner);
-            // now, prefix byte length:
-            let len = Compact(
-                u32::try_from(encoded_inner.len())
-                    .expect("extrinsic size expected to be <4GB"),
-            );
-            let mut encoded = Vec::new();
-            len.encode_to(&mut encoded);
-            encoded.extend(encoded_inner);
-            encoded
-        };
+        // 2. Gather the "additional" and "extra" params along with the encoded call data,
+        //    ready to be signed.
+        let partial_signed =
+            self.create_partial_signed_with_nonce(call, account_nonce, other_params)?;
 
-        // Wrap in Encoded to ensure that any more "encode" calls leave it in the right state.
-        // maybe we can just return the raw bytes..
-        Ok(SubmittableExtrinsic::from_bytes(
-            self.client.clone(),
-            extrinsic,
-        ))
+        // 3. Sign and construct an extrinsic from these details.
+        Ok(partial_signed.sign(signer))
     }
 }
 
@@ -216,7 +192,32 @@ where
     T: Config,
     C: OnlineClientT<T>,
 {
-    /// Creates a raw signed extrinsic, without submitting it.
+    // Get the next account nonce to use.
+    async fn next_account_nonce(
+        &self,
+        account_id: &T::AccountId,
+    ) -> Result<T::Index, Error> {
+        self.client
+            .rpc()
+            .system_account_next_index(account_id)
+            .await
+    }
+
+    /// Creates a partial signed extrinsic, without submitting it.
+    pub async fn create_partial_signed<Call>(
+        &self,
+        call: &Call,
+        account_id: &T::AccountId,
+        other_params: <T::ExtrinsicParams as ExtrinsicParams<T::Index, T::Hash>>::OtherParams,
+    ) -> Result<PartialExtrinsic<T, C>, Error>
+    where
+        Call: TxPayload,
+    {
+        let account_nonce = self.next_account_nonce(account_id).await?;
+        self.create_partial_signed_with_nonce(call, account_nonce, other_params)
+    }
+
+    /// Creates a signed extrinsic, without submitting it.
     pub async fn create_signed<Call, Signer>(
         &self,
         call: &Call,
@@ -227,13 +228,7 @@ where
         Call: TxPayload,
         Signer: SignerT<T>,
     {
-        // Get nonce from the node.
-        let account_nonce = self
-            .client
-            .rpc()
-            .system_account_next_index(signer.account_id())
-            .await?;
-
+        let account_nonce = self.next_account_nonce(signer.account_id()).await?;
         self.create_signed_with_nonce(call, signer, account_nonce, other_params)
     }
 
@@ -324,6 +319,100 @@ where
     }
 }
 
+/// This payload contains the information needed to produce an extrinsic.
+pub struct PartialExtrinsic<T: Config, C> {
+    client: C,
+    call_data: Vec<u8>,
+    additional_and_extra_params: T::ExtrinsicParams,
+}
+
+impl<T, C> PartialExtrinsic<T, C>
+where
+    T: Config,
+    C: OfflineClientT<T>,
+{
+    // Obtain bytes representing the signer payload and run call some function
+    // with them. This can avoid an allocation in some cases when compared to
+    // [`PartialExtrinsic::signer_payload()`].
+    fn with_signer_payload<F, R>(&self, f: F) -> R
+    where
+        F: for<'a> FnOnce(Cow<'a, [u8]>) -> R,
+    {
+        let mut bytes = self.call_data.clone();
+        self.additional_and_extra_params.encode_extra_to(&mut bytes);
+        self.additional_and_extra_params
+            .encode_additional_to(&mut bytes);
+        if bytes.len() > 256 {
+            f(Cow::Borrowed(T::Hasher::hash_of(&Encoded(bytes)).as_ref()))
+        } else {
+            f(Cow::Owned(bytes))
+        }
+    }
+
+    /// Return the signer payload for this extrinsic. These are the bytes that must
+    /// be signed in order to produce a valid signature for the extrinsic.
+    pub fn signer_payload(&self) -> Vec<u8> {
+        self.with_signer_payload(|bytes| bytes.to_vec())
+    }
+
+    /// Return the bytes representing the call data for this partially constructed
+    /// extrinsic.
+    pub fn call_data(&self) -> &[u8] {
+        &self.call_data
+    }
+
+    /// Convert this [`PartialExtrinsic`] into a [`SubmittableExtrinsic`], ready to submit.
+    /// The provided `signer` is responsible for providing the "from" address for the transaction,
+    /// as well as providing a signature to attach to it.
+    pub fn sign<Signer>(&self, signer: &Signer) -> SubmittableExtrinsic<T, C>
+    where
+        Signer: SignerT<T>,
+    {
+        // Given our signer, we can sign the payload representing this extrinsic.
+        let signature = self.with_signer_payload(|bytes| signer.sign(&bytes));
+        // Now, use the signature and "from" address to build the extrinsic.
+        self.sign_with_address_and_signature(&signer.address(), &signature)
+    }
+
+    /// Convert this [`PartialExtrinsic`] into a [`SubmittableExtrinsic`], ready to submit.
+    /// An address, and something representing a signature that can be SCALE encoded, are both
+    /// needed in order to construct it. If you have a `Signer` to hand, you can use
+    /// [`PartialExtrinsic::sign()`] instead.
+    pub fn sign_with_address_and_signature<S: Encode>(
+        &self,
+        address: &T::Address,
+        signature: &S,
+    ) -> SubmittableExtrinsic<T, C> {
+        // Encode the extrinsic (into the format expected by protocol version 4)
+        let extrinsic = {
+            let mut encoded_inner = Vec::new();
+            // "is signed" + transaction protocol version (4)
+            (0b10000000 + 4u8).encode_to(&mut encoded_inner);
+            // from address for signature
+            address.encode_to(&mut encoded_inner);
+            // the signature
+            signature.encode_to(&mut encoded_inner);
+            // attach custom extra params
+            self.additional_and_extra_params
+                .encode_extra_to(&mut encoded_inner);
+            // and now, call data (remembering that it's been encoded already and just needs appending)
+            encoded_inner.extend(&self.call_data);
+            // now, prefix byte length:
+            let len = Compact(
+                u32::try_from(encoded_inner.len())
+                    .expect("extrinsic size expected to be <4GB"),
+            );
+            let mut encoded = Vec::new();
+            len.encode_to(&mut encoded);
+            encoded.extend(encoded_inner);
+            encoded
+        };
+
+        // Return an extrinsic ready to be submitted.
+        SubmittableExtrinsic::from_bytes(self.client.clone(), extrinsic)
+    }
+}
+
 /// This represents an extrinsic that has been signed and is ready to submit.
 pub struct SubmittableExtrinsic<T, C> {
     client: C,
diff --git a/testing/integration-tests/src/client/mod.rs b/testing/integration-tests/src/client/mod.rs
index 297588d2e8..8273a9d4df 100644
--- a/testing/integration-tests/src/client/mod.rs
+++ b/testing/integration-tests/src/client/mod.rs
@@ -34,6 +34,7 @@ use subxt::{
         RuntimeEvent,
         RuntimeVersionEvent,
     },
+    tx::Signer,
     utils::AccountId32,
 };
 
@@ -244,6 +245,39 @@ async fn dry_run_fails() {
     }
 }
 
+#[tokio::test]
+async fn external_signing() {
+    let ctx = test_context().await;
+    let api = ctx.client();
+    let alice = pair_signer(AccountKeyring::Alice.pair());
+
+    // Create a partial extrinsic. We can get the signer payload at this point, to be
+    // signed externally.
+    let tx = node_runtime::tx().preimage().note_preimage(vec![0u8]);
+    let partial_extrinsic = api
+        .tx()
+        .create_partial_signed(&tx, alice.account_id(), Default::default())
+        .await
+        .unwrap();
+
+    // Get the signer payload.
+    let signer_payload = partial_extrinsic.signer_payload();
+    // Sign it (possibly externally).
+    let signature = alice.sign(&signer_payload);
+    // Use this to build a signed extrinsic.
+    let extrinsic =
+        partial_extrinsic.sign_with_address_and_signature(&alice.address(), &signature);
+
+    // And now submit it.
+    extrinsic
+        .submit_and_watch()
+        .await
+        .unwrap()
+        .wait_for_finalized_success()
+        .await
+        .unwrap();
+}
+
 #[tokio::test]
 async fn submit_large_extrinsic() {
     let ctx = test_context().await;