diff --git a/src/pages/backup/ImportBackupModal.tsx b/src/pages/backup/ImportBackupModal.tsx
index aa531fd..374f6c7 100644
--- a/src/pages/backup/ImportBackupModal.tsx
+++ b/src/pages/backup/ImportBackupModal.tsx
@@ -9,6 +9,8 @@
 
 import { getMasterPasswordInput } from "@comp/auth/MasterPasswordInput";
 
+import { useBooleanSetting, setBooleanSetting } from "@utils/settings";
+
 import { ImportDetectFormat } from "./ImportDetectFormat";
 import { decodeBackup } from "./backupParser";
 import { backupVerifyPassword, backupImport } from "./backupImport";
@@ -64,6 +66,12 @@
 
   function onValuesChange(changed: Partial<FormValues>) {
     if (changed.code) setCode(changed.code);
+
+    // Remember the value of the 'overwrite' checkbox
+    if (changed.overwrite !== undefined) {
+      debug("updating importOverwrite to %b", changed.overwrite);
+      setBooleanSetting("importOverwrite", changed.overwrite, false);
+    }
   }
 
   /** Updates the contents of the 'code' field with the given file. */
@@ -246,6 +254,8 @@
 function ImportBackupForm({ form, code, decodeError, setDecodeError, masterPasswordError, onValuesChange, onFinish }: FormProps): JSX.Element {
   const { t } = useTranslation();
 
+  const importOverwrite = useBooleanSetting("importOverwrite");
+
   return <Form
     form={form}
     layout="vertical"
@@ -255,7 +265,7 @@
     initialValues={{
       masterPassword: "",
       code: "",
-      overwrite: true
+      overwrite: importOverwrite
     }}
 
     onValuesChange={onValuesChange}
diff --git a/src/utils/settings.ts b/src/utils/settings.ts
index c2edd03..600e6ff 100644
--- a/src/utils/settings.ts
+++ b/src/utils/settings.ts
@@ -52,6 +52,8 @@
   readonly defaultPageSize: number;
   /** Enable table navigation hotkeys (left and right arrows). */
   readonly tableHotkeys: boolean;
+  /** Overwrite labels when importing wallets. */
+  readonly importOverwrite: boolean;
 
   // ===========================================================================
   // DEBUG SETTINGS
@@ -75,6 +77,7 @@
   transactionDefaultRaw: false,
   defaultPageSize: 15,
   tableHotkeys: true,
+  importOverwrite: true,
 
   walletFormats: false
 };
@@ -127,18 +130,26 @@
   message.success(i18n.t("settings.messageSuccess"));
 }
 
-export function setBooleanSetting(settingName: SettingName<boolean>, value: boolean): void {
+export function setBooleanSetting(
+  settingName: SettingName<boolean>,
+  value: boolean,
+  notify = true
+): void {
   debug("changing setting [boolean] %s value to %o", settingName, value);
   localStorage.setItem(getSettingKey(settingName), value ? "true" : "false");
   store.dispatch(actions.setBooleanSetting(settingName, value));
-  notifySettingChange();
+  if (notify) notifySettingChange();
 }
 
-export function setIntegerSetting(settingName: SettingName<number>, value: number): void {
+export function setIntegerSetting(
+  settingName: SettingName<number>,
+  value: number,
+  notify = true
+): void {
   debug("changing setting [integer] %s value to %o", settingName, value);
   localStorage.setItem(getSettingKey(settingName), Math.floor(value).toString());
   store.dispatch(actions.setIntegerSetting(settingName, value));
-  notifySettingChange();
+  if (notify) notifySettingChange();
 }
 
 export function validateIntegerSetting(settingName: SettingName<number>, value: number): boolean {