diff --git a/lang/python/python-s3transfer/Makefile b/lang/python/python-s3transfer/Makefile
index 39aa803ef4..b4625be7f4 100644
--- a/lang/python/python-s3transfer/Makefile
+++ b/lang/python/python-s3transfer/Makefile
@@ -1,11 +1,11 @@
 include $(TOPDIR)/rules.mk
 
 PKG_NAME:=python-s3transfer
-PKG_VERSION:=0.6.1
+PKG_VERSION:=0.16.0
 PKG_RELEASE:=1
 
 PYPI_NAME:=s3transfer
-PKG_HASH:=640bb492711f4c0c0905e1f62b6aaeb771881935ad27884852411f8e9cacbca9
+PKG_HASH:=8e990f13268025792229cd52fa10cb7163744bf56e719e0b9cb925ab79abf920
 
 PKG_MAINTAINER:=Daniel Danzberger <daniel@dd-wrt.com>
 PKG_LICENSE:=Apache-2.0
diff --git a/lang/python/python-s3transfer/test.sh b/lang/python/python-s3transfer/test.sh
new file mode 100755
index 0000000000..8c00a9de72
--- /dev/null
+++ b/lang/python/python-s3transfer/test.sh
@@ -0,0 +1,23 @@
+#!/bin/sh
+
+[ "$1" = python3-s3transfer ] || exit 0
+
+python3 - << 'EOF'
+import botocore.session
+from botocore.stub import Stubber
+from s3transfer.manager import TransferManager, TransferConfig
+
+session = botocore.session.get_session()
+client = session.create_client("s3", region_name="us-east-1")
+
+# Verify TransferConfig defaults
+config = TransferConfig()
+assert config.multipart_threshold > 0
+assert config.max_request_concurrency > 0
+assert config.max_submission_concurrency > 0
+
+# Verify manager can be instantiated
+manager = TransferManager(client, config)
+assert manager is not None
+manager.__exit__(None, None, None)
+EOF