diff --git a/mingw-w64-python-s3transfer/PKGBUILD b/mingw-w64-python-s3transfer/PKGBUILD
index 79c06dc232..b4d53c4acb 100644
--- a/mingw-w64-python-s3transfer/PKGBUILD
+++ b/mingw-w64-python-s3transfer/PKGBUILD
@@ -3,7 +3,7 @@
 _realname=s3transfer
 pkgbase=mingw-w64-python-${_realname}
 pkgname=("${MINGW_PACKAGE_PREFIX}-python-${_realname}")
-pkgver=0.3.7
+pkgver=0.4.0
 pkgrel=1
 pkgdesc='Amazon S3 Transfer Manager for Python (mingw-w64)'
 arch=('any')
@@ -13,7 +13,7 @@ license=('Apache')
 depends=("${MINGW_PACKAGE_PREFIX}-python-botocore")
 makedepends=("${MINGW_PACKAGE_PREFIX}-python-setuptools")
 source=("$url/archive/$pkgver.tar.gz")
-sha256sums=('fb575d33614890c127cc09d158a0b62c60c37ece55f9c13bedd084020b818138')
+sha256sums=('c68099b904cde74384e9d1a31b4e68c6357b7cdc94271963cb97816636a75d9f')
 
 prepare() {  
   cd "$srcdir"