diff --git a/desktop/src/main/java/bisq/desktop/main/account/content/seedwords/SeedWordsView.java b/desktop/src/main/java/bisq/desktop/main/account/content/seedwords/SeedWordsView.java
index a193f687982..491d7b489f7 100644
--- a/desktop/src/main/java/bisq/desktop/main/account/content/seedwords/SeedWordsView.java
+++ b/desktop/src/main/java/bisq/desktop/main/account/content/seedwords/SeedWordsView.java
@@ -61,6 +61,7 @@
 import java.io.IOException;
 
 import java.util.List;
+import java.util.TimeZone;
 
 import static bisq.desktop.util.FormBuilder.*;
 import static javafx.beans.binding.Bindings.createBooleanBinding;
@@ -249,16 +250,26 @@ private void checkIfEncrypted() {
     }
 
     private void doRestore() {
-        LocalDate value = restoreDatePicker.getValue();
-        if (value == null) {
-            // If no date was specified, use Bisq 0.5 release date (no current Bisq wallet could have been created before that date).
-            value = LocalDate.of(2017, Month.JUNE, 28);
+        LocalDate walletDate = restoreDatePicker.getValue();
+        // Even though no current Bisq wallet could have been created before the v0.5 release date (2017.06.28),
+        // the user may want to import from a seed generated by another wallet.
+        // So use when the BIP39 standard was finalised (2013.10.09) as the oldest possible wallet date.
+        LocalDate oldestWalletDate = LocalDate.ofInstant(
+                Instant.ofEpochMilli(MnemonicCode.BIP39_STANDARDISATION_TIME_SECS * 1000),
+                TimeZone.getDefault().toZoneId());
+        if (walletDate == null) {
+            // No date was specified, perhaps the user doesn't know the wallet date
+            walletDate = oldestWalletDate;
+        } else if (walletDate.isBefore(oldestWalletDate)) {
+            walletDate = oldestWalletDate;
+        } else if (walletDate.isAfter(LocalDate.now())) {
+            walletDate = LocalDate.now();
         }
 
         // We subtract 1 day to be sure to not have any issues with timezones. Even if we can be sure that the timezone
         // is handled correctly it could be that the user created the wallet in one timezone and make a restore at
         // a different timezone which could lead in the worst case that he miss the first day of the wallet transactions.
-        LocalDateTime localDateTime = value.atStartOfDay().minusDays(1);
+        LocalDateTime localDateTime = walletDate.atStartOfDay().minusDays(1);
         long date = localDateTime.toEpochSecond(ZoneOffset.UTC);
 
         DeterministicSeed seed = new DeterministicSeed(Splitter.on(" ").splitToList(seedWordsTextArea.getText()), null, "", date);