diff --git a/src/importers/ofx1.ts b/src/importers/ofx1.ts
new file mode 100644
index 0000000..749c16d
--- /dev/null
+++ b/src/importers/ofx1.ts
@@ -0,0 +1,85 @@
+/*
+	DrCr: Web-based double-entry bookkeeping framework
+	Copyright (C) 2022–2024  Lee Yingtong Li (RunasSudo)
+	
+	This program is free software: you can redistribute it and/or modify
+	it under the terms of the GNU Affero General Public License as published by
+	the Free Software Foundation, either version 3 of the License, or
+	(at your option) any later version.
+	
+	This program is distributed in the hope that it will be useful,
+	but WITHOUT ANY WARRANTY; without even the implied warranty of
+	MERCHANTABILITY or FITNESS FOR A PARTICULAR PURPOSE.  See the
+	GNU Affero General Public License for more details.
+	
+	You should have received a copy of the GNU Affero General Public License
+	along with this program.  If not, see <https://www.gnu.org/licenses/>.
+*/
+
+import dayjs from 'dayjs';
+
+import { DT_FORMAT, StatementLine, db } from '../db.ts';
+
+export default function import_ofx1(sourceAccount: string, content: string): StatementLine[] {
+	// Import an OFX1 SGML file
+	
+	// Strip OFX header and parse
+	const raw_payload = content.substring(content.indexOf('<OFX')).replaceAll('&', '&amp;');
+	const tree = new DOMParser().parseFromString(raw_payload, 'text/html');  // HTML was originally based on SGML so use this parser
+	
+	// Read transactions
+	const statementLines: StatementLine[] = [];
+	
+	for (const transaction of tree.querySelectorAll('banktranlist stmttrn')) {
+		let dateRaw = getNodeText(transaction.querySelector('dtposted'));
+		if (dateRaw && dateRaw.indexOf('[') >= 0) {
+			// Ignore time zone
+			dateRaw = dateRaw?.substring(0, dateRaw.indexOf('['));
+		}
+		const date = dayjs(dateRaw, 'YYYYMMDDHHmmss.SSS').hour(0).minute(0).second(0).millisecond(0).format(DT_FORMAT);
+		
+		const description = getNodeText(transaction.querySelector('memo'));
+		const amount = getNodeText(transaction.querySelector('trnamt'));
+		
+		const quantity = Math.round(parseFloat(amount!) * Math.pow(10, db.metadata.dps));
+		if (!Number.isSafeInteger(quantity)) { throw new Error('Quantity not representable by safe integer'); }
+		
+		if (description.indexOf('PENDING') >= 0) {
+			// FIXME: This needs to be configurable
+			continue;
+		}
+		
+		statementLines.push({
+			id: null,
+			source_account: sourceAccount,
+			dt: date,
+			description: description ?? '',
+			quantity: quantity,
+			balance: null,
+			commodity: db.metadata.reporting_commodity
+		});
+	}
+	
+	return statementLines;
+}
+
+function getNodeText(node: Node | null): string {
+	// Get text of the first text node
+	// HTML parser does not understand SGML/OFX nesting rules, so siblings will be incorrectly considered as children
+	// Therefore we use only the first text node
+	
+	if (node === null) {
+		throw new Error('Node not found');
+	}
+	
+	for (const child of node.childNodes) {
+		if (child.nodeType === Node.TEXT_NODE && child.nodeValue !== null && child.nodeValue.length > 0) {
+			return child.nodeValue;
+		}
+		if (child.nodeType === Node.ELEMENT_NODE) {
+			break;
+		}
+	}
+	
+	throw new Error('No text in node');
+}
diff --git a/src/importers/ofx2.ts b/src/importers/ofx2.ts
index fca3926..6ef8e8e 100644
--- a/src/importers/ofx2.ts
+++ b/src/importers/ofx2.ts
@@ -32,7 +32,11 @@ export default function import_ofx2(sourceAccount: string, content: string): Sta
 	const statementLines: StatementLine[] = [];
 	
 	for (const transaction of tree.querySelectorAll('BANKMSGSRSV1 STMTTRNRS STMTRS BANKTRANLIST STMTTRN')) {
-		const dateRaw = transaction.querySelector('DTPOSTED')!.textContent;
+		let dateRaw = transaction.querySelector('DTPOSTED')!.textContent;
+		if (dateRaw && dateRaw.indexOf('[') >= 0) {
+			// Ignore time zone
+			dateRaw = dateRaw?.substring(0, dateRaw.indexOf('['));
+		}
 		const date = dayjs(dateRaw, 'YYYYMMDDHHmmss').hour(0).minute(0).second(0).millisecond(0).format(DT_FORMAT);
 		const description = transaction.querySelector('NAME')!.textContent;
 		const amount = transaction.querySelector('TRNAMT')!.textContent;
diff --git a/src/pages/ImportStatementView.vue b/src/pages/ImportStatementView.vue
index 12df843..ab9b7fa 100644
--- a/src/pages/ImportStatementView.vue
+++ b/src/pages/ImportStatementView.vue
@@ -24,9 +24,9 @@
 	<div class="grid grid-cols-[max-content_1fr] space-y-2 mb-4 items-baseline">
 		<label for="format" class="block text-gray-900 pr-4">File type</label>
 		<div>
-			<select class="bordered-field" id="format">
-				<!--<option value="ofx1">OFX 1.x</option>-->
+			<select class="bordered-field" id="format" v-model="format">
 				<option value="ofx2">OFX 2.x</option>
+				<option value="ofx1">OFX 1.x</option>
 			</select>
 		</div>
 		<label for="account" class="block text-gray-900 pr-4">Source account</label>
@@ -85,10 +85,13 @@
 	import { StatementLine, db } from '../db.ts';
 	import ComboBoxAccounts from '../components/ComboBoxAccounts.vue';
 	import { ppWithCommodity } from '../display.ts';
+	
+	import import_ofx1 from '../importers/ofx1.ts';
 	import import_ofx2 from '../importers/ofx2.ts';
 	
 	const fileInput = useTemplateRef('file');
 	
+	const format = ref('ofx2');
 	const selectedFilename = ref('');
 	const sourceAccount = ref('');
 	
@@ -112,7 +115,13 @@
 		
 		const content = await file.text();
 		
-		statementLines.value = import_ofx2(sourceAccount.value, content);
+		if (format.value === 'ofx2') {
+			statementLines.value = import_ofx2(sourceAccount.value, content);
+		} else if (format.value === 'ofx1') {
+			statementLines.value = import_ofx1(sourceAccount.value, content);
+		} else {
+			throw new Error('Unexpected import format');
+		}
 	}
 	
 	async function doImport() {