diff --git a/configure.ac b/configure.ac
index e518150c5a..f3c1eb1be1 100644
--- a/configure.ac
+++ b/configure.ac
@@ -205,9 +205,26 @@ case "${host_os}" in
     AX_APPEND_FLAG([-Werror=partial-availability], [OBJCFLAGS])
     AX_APPEND_FLAG([-Wl,-headerpad_max_install_names], [LDFLAGS])
 
-    VLC_ADD_LIBS([libvlc vlc],[-Wl,-undefined,dynamic_lookup])
     VLC_ADD_LIBS([libvlccore],[-Wl,-framework,CoreFoundation])
 
+    dnl This is not supported when bitcode is enabled. In that case, we need
+    dnl to disable the static bank loader.
+    AC_MSG_CHECKING([if -Wl,-U is allowed])
+    VLC_SAVE_FLAGS
+    AX_APPEND_FLAG([LDFLAGS],[-Wl,-U,_my_array -no-undefined])
+    AC_LINK_IFELSE(
+       [AC_LANG_PROGRAM([], [dnl
+__attribute__((visibility("default"))) extern int my_array[];
+__attribute__((visibility("default"))) int foo() { return my_array[0]; }
+])],
+       [
+        VLC_ADD_LDFLAGS([libvlccore],[-Wl,-U,_vlc_static_modules])
+        VLC_ADD_LDFLAGS([libvlc vlc],[-Wl,-undefined,dynamic_lookup])
+        VLC_ADD_CPPFLAGS([libvlccore],[-DHAVE_DYLIB_DYNAMIC_LOOKUP=1])
+        AC_MSG_RESULT([yes])
+       ],[AC_MSG_RESULT([no])])
+    VLC_RESTORE_FLAGS
+
     AC_EGREP_CPP(yes,
             [#import <TargetConditionals.h>
              #if TARGET_OS_IPHONE
diff --git a/src/Makefile.am b/src/Makefile.am
index eea01fbf4e..6c438122ba 100644
--- a/src/Makefile.am
+++ b/src/Makefile.am
@@ -566,7 +566,7 @@ $(libvlccore_la_OBJECTS): libvlccore_objc.la
 libvlccore_objc_la_OBJCFLAGS = $(AM_OBJCFLAGS) -fobjc-arc
 libvlccore_objc_la_LDFLAGS = -static
 libvlccore_la_LIBADD += libvlccore_objc.la
-libvlccore_la_LDFLAGS +=  -Wl,-framework,Foundation -Xlinker -install_name -Xlinker @rpath/libvlccore.dylib -Wl,-U,_vlc_static_modules
+libvlccore_la_LDFLAGS +=  -Wl,-framework,Foundation -Xlinker -install_name -Xlinker @rpath/libvlccore.dylib
 endif
 
 # iOS and tvOS applications cannot install global shared libraries and
diff --git a/src/modules/bank.c b/src/modules/bank.c
index 76bf56be36..7f8b0fd8fa 100644
--- a/src/modules/bank.c
+++ b/src/modules/bank.c
@@ -179,7 +179,9 @@ static vlc_plugin_t *module_InitStatic(vlc_plugin_cb entry)
  * not provided at runtime. However, although __MACH__ implies the same runtime
  * consequences for weak linking, it will still require the definition to exist
  * at build time. To workaround this, we add -Wl,-U,vlc_static_modules. */
-#if defined(__ELF__) || defined(__MACH__) || !HAVE_DYNAMIC_PLUGINS
+#if defined(__ELF__) \
+    || (defined(__MACH__) && defined(HAVE_DYLIB_DYNAMIC_LOOKUP)) \
+    || !HAVE_DYNAMIC_PLUGINS
 VLC_WEAK
 extern vlc_plugin_cb vlc_static_modules[];