diff --git a/org.adempiere.base/src/org/compiere/impexp/OFXBankStatementHandler.java b/org.adempiere.base/src/org/compiere/impexp/OFXBankStatementHandler.java
index a2df756ddd..513f2ba67f 100644
--- a/org.adempiere.base/src/org/compiere/impexp/OFXBankStatementHandler.java
+++ b/org.adempiere.base/src/org/compiere/impexp/OFXBankStatementHandler.java
@@ -202,6 +202,10 @@ public abstract class OFXBankStatementHandler extends DefaultHandler
 			m_errorMessage = new StringBuffer("ErrorInitializingParser");
 			m_errorDescription = new StringBuffer("Unable to initialize SAX parser: ").append(e.getMessage());
 		}
+		
+		if (!result)
+			closeBufferedReader();
+		
 		return result;
 	}	//	init
 	
@@ -256,6 +260,7 @@ public abstract class OFXBankStatementHandler extends DefaultHandler
 		{
 			m_errorMessage = new StringBuffer("ErrorReadingData");
 			m_errorDescription = new StringBuffer(e.getMessage());
+			closeBufferedReader();
 			return result;
 		}
 
@@ -322,11 +327,22 @@ public abstract class OFXBankStatementHandler extends DefaultHandler
 		{
 			m_errorMessage = new StringBuffer("ErrorReadingData");
 			m_errorDescription = new StringBuffer(e.getMessage());
+		} finally {
+			closeBufferedReader();
 		}
 		return result;
 		
 	}	//	loadLines
 	
+	private void closeBufferedReader() {
+		if (m_reader != null)
+			try {
+				m_reader.close();
+			} catch (IOException e) {
+				e.printStackTrace();
+			}
+	}
+	
 	/**
 	 * Method getDateLastRun
 	 * @return Timestamp
diff --git a/org.adempiere.base/src/org/compiere/impexp/OFXFileBankStatementLoader.java b/org.adempiere.base/src/org/compiere/impexp/OFXFileBankStatementLoader.java
index 7f2b1aedf4..96e3221e9e 100644
--- a/org.adempiere.base/src/org/compiere/impexp/OFXFileBankStatementLoader.java
+++ b/org.adempiere.base/src/org/compiere/impexp/OFXFileBankStatementLoader.java
@@ -17,7 +17,6 @@
 package org.compiere.impexp;
 
 import java.io.FileInputStream;
-import java.io.IOException;
 
 import org.compiere.model.MBankStatementLoader;
 import org.xml.sax.SAXException;
@@ -38,6 +37,9 @@ public final class OFXFileBankStatementLoader extends OFXBankStatementHandler im
 	 * @return boolean
 	 * @see org.compiere.impexp.BankStatementLoaderInterface#init(MBankStatementLoader)
 	 */
+	//m_stream is not closed because the BufferedReader in the parent class is closed and according to the Java docs: 
+	//Calling close() on the BufferedReader closes the underlying stream by default implementation
+	@SuppressWarnings("resource")  
 	public boolean init(MBankStatementLoader controller)
 	{
 		boolean result = false;
@@ -72,13 +74,6 @@ public final class OFXFileBankStatementLoader extends OFXBankStatementHandler im
 		{
 			m_errorMessage = new StringBuffer("ErrorReadingData");
 			m_errorDescription = new StringBuffer();
-		}finally{
-			if (m_stream != null)
-				try {
-					m_stream.close();
-				} catch (IOException e) {
-					e.printStackTrace();
-				}
 		}
 
 		return result;