diff --git a/doc/release-notes.md b/doc/release-notes.md
--- a/doc/release-notes.md
+++ b/doc/release-notes.md
@@ -3,4 +3,7 @@
   <https://download.bitcoinabc.org/0.18.8/>
 
 This release includes the following features and fixes:
- - `dumpwallet` now includes hex-encoded scripts from the wallet in the dumpfile
\ No newline at end of file
+ - `dumpwallet` now includes hex-encoded scripts from the wallet in the dumpfile
+ - `importwallet` now imports these scripts, but corresponding addresses may not
+   be added correctly or a manual rescan may be required to find relevant 
+   transactions
\ No newline at end of file
diff --git a/src/wallet/rpcdump.cpp b/src/wallet/rpcdump.cpp
--- a/src/wallet/rpcdump.cpp
+++ b/src/wallet/rpcdump.cpp
@@ -589,46 +589,64 @@
             continue;
         }
         CBitcoinSecret vchSecret;
-        if (!vchSecret.SetString(vstr[0])) {
-            continue;
-        }
-        CKey key = vchSecret.GetKey();
-        CPubKey pubkey = key.GetPubKey();
-        assert(key.VerifyPubKey(pubkey));
-        CKeyID keyid = pubkey.GetID();
-        if (pwallet->HaveKey(keyid)) {
-            LogPrintf("Skipping import of %s (key already present)\n",
-                      EncodeDestination(keyid));
-            continue;
-        }
-        int64_t nTime = DecodeDumpTime(vstr[1]);
-        std::string strLabel;
-        bool fLabel = true;
-        for (unsigned int nStr = 2; nStr < vstr.size(); nStr++) {
-            if (boost::algorithm::starts_with(vstr[nStr], "#")) {
-                break;
+        if (vchSecret.SetString(vstr[0])) {
+            CKey key = vchSecret.GetKey();
+            CPubKey pubkey = key.GetPubKey();
+            assert(key.VerifyPubKey(pubkey));
+            CKeyID keyid = pubkey.GetID();
+            if (pwallet->HaveKey(keyid)) {
+                LogPrintf("Skipping import of %s (key already present)\n",
+                          EncodeDestination(keyid));
+                continue;
             }
-            if (vstr[nStr] == "change=1") {
-                fLabel = false;
+            int64_t nTime = DecodeDumpTime(vstr[1]);
+            std::string strLabel;
+            bool fLabel = true;
+            for (unsigned int nStr = 2; nStr < vstr.size(); nStr++) {
+                if (boost::algorithm::starts_with(vstr[nStr], "#")) {
+                    break;
+                }
+                if (vstr[nStr] == "change=1") {
+                    fLabel = false;
+                }
+                if (vstr[nStr] == "reserve=1") {
+                    fLabel = false;
+                }
+                if (boost::algorithm::starts_with(vstr[nStr], "label=")) {
+                    strLabel = DecodeDumpString(vstr[nStr].substr(6));
+                    fLabel = true;
+                }
             }
-            if (vstr[nStr] == "reserve=1") {
-                fLabel = false;
+            LogPrintf("Importing %s...\n", EncodeDestination(keyid));
+            if (!pwallet->AddKeyPubKey(key, pubkey)) {
+                fGood = false;
+                continue;
             }
-            if (boost::algorithm::starts_with(vstr[nStr], "label=")) {
-                strLabel = DecodeDumpString(vstr[nStr].substr(6));
-                fLabel = true;
+            pwallet->mapKeyMetadata[keyid].nCreateTime = nTime;
+            if (fLabel) {
+                pwallet->SetAddressBook(keyid, strLabel, "receive");
+            }
+            nTimeBegin = std::min(nTimeBegin, nTime);
+        } else if (IsHex(vstr[0])) {
+            std::vector<unsigned char> vData(ParseHex(vstr[0]));
+            CScript script = CScript(vData.begin(), vData.end());
+            if (pwallet->HaveCScript(script)) {
+                LogPrintf("Skipping import of %s (script already present)\n",
+                          vstr[0]);
+                continue;
+            }
+            if (!pwallet->AddCScript(script)) {
+                LogPrintf("Error importing script %s\n", vstr[0]);
+                fGood = false;
+                continue;
+            }
+            int64_t birth_time = DecodeDumpTime(vstr[1]);
+            if (birth_time > 0) {
+                pwallet->m_script_metadata[CScriptID(script)].nCreateTime =
+                    birth_time;
+                nTimeBegin = std::min(nTimeBegin, birth_time);
             }
         }
-        LogPrintf("Importing %s...\n", EncodeDestination(keyid));
-        if (!pwallet->AddKeyPubKey(key, pubkey)) {
-            fGood = false;
-            continue;
-        }
-        pwallet->mapKeyMetadata[keyid].nCreateTime = nTime;
-        if (fLabel) {
-            pwallet->SetAddressBook(keyid, strLabel, "receive");
-        }
-        nTimeBegin = std::min(nTimeBegin, nTime);
     }
     file.close();
 
@@ -641,7 +659,7 @@
 
     if (!fGood) {
         throw JSONRPCError(RPC_WALLET_ERROR,
-                           "Error adding some keys to wallet");
+                           "Error adding some keys/scripts to wallet");
     }
 
     return NullUniValue;
diff --git a/test/functional/wallet_dump.py b/test/functional/wallet_dump.py
--- a/test/functional/wallet_dump.py
+++ b/test/functional/wallet_dump.py
@@ -136,6 +136,21 @@
         assert_raises_rpc_error(-8, "already exists",
                                 self.nodes[0].dumpwallet, tmpdir + "/node0/wallet.unencrypted.dump")
 
+        # Restart node with new wallet, and test importwallet
+        self.stop_node(0)
+        self.start_node(0, ['-wallet=w2'])
+
+        # Make sure the address is not IsMine before import
+        result = self.nodes[0].validateaddress(multisig_addr)
+        assert(result['ismine'] == False)
+
+        self.nodes[0].importwallet(os.path.abspath(
+            tmpdir + "/node0/wallet.unencrypted.dump"))
+
+        # Now check IsMine is true
+        result = self.nodes[0].validateaddress(multisig_addr)
+        assert(result['ismine'] == True)
+
 
 if __name__ == '__main__':
     WalletDumpTest().main()