An electrically controlled fuel injection pump for internal combustion engines, in particular a unit fuel injector for a Diesel engine, comprising a housing, at least one pump piston, a pump work chamber adjacent thereto, said pump piston having a supply stroke to pump fuel, which has been delivered at inflow pressure to said pump work chamber to an injection nozzle at injection pressure, an overflow valve provided with a valve member actuated by an electrical adjusting member, said valve member adapted to block the flow of fuel that otherwise overflows from said pump work chamber via an overflow conduit to a low-pressure chamber in proximity to said injection nozzle, said overflow valve further having a pressure chamber arranged to surround said valve member in the vicinity of an end section thereof remote from said electrical adjusting member, a guide shank on said valve member arranged to connect said remote end section of said valve member to said electrical adjusting member, said guide shank further being slidably supported in a guide bore, said remote end section having a conical valve seat, adapted to be closed by a conical surface having a cone angle (.alpha.) on said remote end section at a point of transition which communicates with said low-pressure chamber of said overflow conduit, said overflow valve further being inserted between said first section and a second section which joins said pressure chamber permanently with said pump work chamber of said overflow conduit, said valve member of said overflow valve further including a valve needle arranged to open inwardly toward said pressure chamber, said valve needle having a conical closing surface that radially defines a needle tip, said needle tip further including said surface having said cone angle (.alpha.) which is larger than a cone angle (.beta.) of said conical valve seat that widens toward said pressure chamber, and further that said conical surface, together with an adjoining cylindrical jacket surface on said remote end section of said valve member is adapted to form a sealing edge, said sealing edge having a diameter (d.sub.D) which is equal to or only slightly smaller than the guide diameter (d.sub.F) of said guide shank.