diff --git a/src/scm/qif-import/qif-to-gnc.scm b/src/scm/qif-import/qif-to-gnc.scm
index 6ddfc0acfe..783740b994 100644
--- a/src/scm/qif-import/qif-to-gnc.scm
+++ b/src/scm/qif-import/qif-to-gnc.scm
@@ -828,7 +828,8 @@
   ;; merge transaction fields 
   (let ((action (qif-xtn:action xtn))
         (o-action (qif-xtn:action other-xtn))
-        (security (qif-xtn:security-name other-xtn))
+        (security (qif-xtn:security-name xtn))
+        (o-security (qif-xtn:security-name other-xtn))
         (split (car splits))
         (match-type (car how))
         (match-splits (cdr how)))
@@ -860,16 +861,22 @@
        (cond 
         ;; this is a transfer involving a security xtn.  Let the 
         ;; security xtn dominate the way it's handled. 
-        ((and (not action) o-action security)
+        ((and (not action) o-action o-security)
          (qif-xtn:mark-split xtn split)
          (qif-import:merge-xtn-info xtn other-xtn)
          (qif-split:set-matching-cleared! 
           (car match-splits) (qif-xtn:cleared xtn)))
         
+        ((and action (not o-action) security)
+         (qif-xtn:mark-split other-xtn (car match-splits))
+         (qif-import:merge-xtn-info other-xtn xtn)
+         (qif-split:set-matching-cleared! 
+          split (qif-xtn:cleared other-xtn)))
+        
         ;; this is a security transaction from one brokerage to another
         ;; or within a brokerage.  The "foox" xtn has the most
         ;; information about what went on, so use it.
-        ((and action o-action security)
+        ((and action o-action o-security)
          (case o-action
            ((buyx sellx cgshortx cglongx intincx divx)
             (qif-xtn:mark-split xtn split)