diff --git a/fs/accounting/tpslimit.go b/fs/accounting/tpslimit.go
new file mode 100644
index 000000000..b4b834ae0
--- /dev/null
+++ b/fs/accounting/tpslimit.go
@@ -0,0 +1,37 @@
+package accounting
+
+import (
+	"context"
+
+	"github.com/rclone/rclone/fs"
+	"golang.org/x/time/rate"
+)
+
+var (
+	tpsBucket *rate.Limiter // for limiting number of http transactions per second
+)
+
+// StartLimitTPS starts the token bucket for transactions per second
+// limiting if necessary
+func StartLimitTPS(ctx context.Context) {
+	ci := fs.GetConfig(ctx)
+	if ci.TPSLimit > 0 {
+		tpsBurst := ci.TPSLimitBurst
+		if tpsBurst < 1 {
+			tpsBurst = 1
+		}
+		tpsBucket = rate.NewLimiter(rate.Limit(ci.TPSLimit), tpsBurst)
+		fs.Infof(nil, "Starting transaction limiter: max %g transactions/s with burst %d", ci.TPSLimit, tpsBurst)
+	}
+}
+
+// LimitTPS limits the number of transactions per second if enabled.
+// It should be called once per transaction.
+func LimitTPS(ctx context.Context) {
+	if tpsBucket != nil {
+		tbErr := tpsBucket.Wait(ctx)
+		if tbErr != nil && tbErr != context.Canceled {
+			fs.Errorf(nil, "HTTP token bucket error: %v", tbErr)
+		}
+	}
+}
diff --git a/fs/accounting/tpslimit_test.go b/fs/accounting/tpslimit_test.go
new file mode 100644
index 000000000..15dbd23c2
--- /dev/null
+++ b/fs/accounting/tpslimit_test.go
@@ -0,0 +1,39 @@
+package accounting
+
+import (
+	"context"
+	"testing"
+	"time"
+
+	"github.com/rclone/rclone/fs"
+	"github.com/stretchr/testify/assert"
+)
+
+func TestLimitTPS(t *testing.T) {
+	timeTransactions := func(n int, minTime, maxTime time.Duration) {
+		start := time.Now()
+		for i := 0; i < n; i++ {
+			LimitTPS(context.Background())
+		}
+		dt := time.Since(start)
+		assert.True(t, dt >= minTime && dt <= maxTime, "Expecting time between %v and %v, got %v", minTime, maxTime, dt)
+	}
+
+	t.Run("Off", func(t *testing.T) {
+		assert.Nil(t, tpsBucket)
+		timeTransactions(100, 0*time.Millisecond, 100*time.Millisecond)
+	})
+
+	t.Run("On", func(t *testing.T) {
+		ctx, ci := fs.AddConfig(context.Background())
+		ci.TPSLimit = 100.0
+		ci.TPSLimitBurst = 0
+		StartLimitTPS(ctx)
+		assert.NotNil(t, tpsBucket)
+		defer func() {
+			tpsBucket = nil
+		}()
+
+		timeTransactions(100, 900*time.Millisecond, 2000*time.Millisecond)
+	})
+}
diff --git a/fs/config/config.go b/fs/config/config.go
index c8fe6c51f..7ad367d07 100644
--- a/fs/config/config.go
+++ b/fs/config/config.go
@@ -34,7 +34,6 @@ import (
 	"github.com/rclone/rclone/fs/config/configstruct"
 	"github.com/rclone/rclone/fs/config/obscure"
 	"github.com/rclone/rclone/fs/driveletter"
-	"github.com/rclone/rclone/fs/fshttp"
 	"github.com/rclone/rclone/fs/fspath"
 	"github.com/rclone/rclone/fs/rc"
 	"github.com/rclone/rclone/lib/random"
@@ -236,7 +235,7 @@ func LoadConfig(ctx context.Context) {
 	accounting.StartTokenTicker(ctx)
 
 	// Start the transactions per second limiter
-	fshttp.StartHTTPTokenBucket(ctx)
+	accounting.StartLimitTPS(ctx)
 }
 
 var errorConfigFileNotFound = errors.New("config file not found")
diff --git a/fs/fshttp/http.go b/fs/fshttp/http.go
index 11ed0da4b..f9444ad36 100644
--- a/fs/fshttp/http.go
+++ b/fs/fshttp/http.go
@@ -16,9 +16,9 @@ import (
 	"time"
 
 	"github.com/rclone/rclone/fs"
+	"github.com/rclone/rclone/fs/accounting"
 	"github.com/rclone/rclone/lib/structs"
 	"golang.org/x/net/publicsuffix"
-	"golang.org/x/time/rate"
 )
 
 const (
@@ -29,24 +29,10 @@ const (
 var (
 	transport    http.RoundTripper
 	noTransport  = new(sync.Once)
-	tpsBucket    *rate.Limiter // for limiting number of http transactions per second
 	cookieJar, _ = cookiejar.New(&cookiejar.Options{PublicSuffixList: publicsuffix.List})
 	logMutex     sync.Mutex
 )
 
-// StartHTTPTokenBucket starts the token bucket if necessary
-func StartHTTPTokenBucket(ctx context.Context) {
-	ci := fs.GetConfig(ctx)
-	if ci.TPSLimit > 0 {
-		tpsBurst := ci.TPSLimitBurst
-		if tpsBurst < 1 {
-			tpsBurst = 1
-		}
-		tpsBucket = rate.NewLimiter(rate.Limit(ci.TPSLimit), tpsBurst)
-		fs.Infof(nil, "Starting HTTP transaction limiter: max %g transactions/s with burst %d", ci.TPSLimit, tpsBurst)
-	}
-}
-
 // A net.Conn that sets a deadline for every Read or Write operation
 type timeoutConn struct {
 	net.Conn
@@ -309,13 +295,8 @@ func cleanAuths(buf []byte) []byte {
 
 // RoundTrip implements the RoundTripper interface.
 func (t *Transport) RoundTrip(req *http.Request) (resp *http.Response, err error) {
-	// Get transactions per second token first if limiting
-	if tpsBucket != nil {
-		tbErr := tpsBucket.Wait(req.Context())
-		if tbErr != nil && tbErr != context.Canceled {
-			fs.Errorf(nil, "HTTP token bucket error: %v", tbErr)
-		}
-	}
+	// Limit transactions per second if required
+	accounting.LimitTPS(req.Context())
 	// Force user agent
 	req.Header.Set("User-Agent", t.userAgent)
 	// Set user defined headers