diff --git a/pkg/smartcontract/callflag/call_flags.go b/pkg/smartcontract/callflag/call_flags.go
index c31b819b4..cad3994d8 100644
--- a/pkg/smartcontract/callflag/call_flags.go
+++ b/pkg/smartcontract/callflag/call_flags.go
@@ -117,3 +117,21 @@ func (f *CallFlag) UnmarshalJSON(data []byte) error {
 	*f = flag
 	return nil
 }
+
+// MarshalYAML implements the YAML marshaler interface.
+func (f CallFlag) MarshalYAML() (interface{}, error) {
+	return f.String(), nil
+}
+
+// UnmarshalYAML implements the YAML unmarshaler interface.
+func (f *CallFlag) UnmarshalYAML(unmarshal func(interface{}) error) error {
+	var s string
+
+	err := unmarshal(&s)
+	if err != nil {
+		return err
+	}
+
+	*f, err = FromString(s)
+	return err
+}
diff --git a/pkg/smartcontract/callflag/call_flags_test.go b/pkg/smartcontract/callflag/call_flags_test.go
index b75145150..b1c057e4e 100644
--- a/pkg/smartcontract/callflag/call_flags_test.go
+++ b/pkg/smartcontract/callflag/call_flags_test.go
@@ -5,6 +5,7 @@ import (
 
 	"github.com/nspcc-dev/neo-go/internal/testserdes"
 	"github.com/stretchr/testify/require"
+	"gopkg.in/yaml.v2"
 )
 
 func TestCallFlag_Has(t *testing.T) {
@@ -75,3 +76,17 @@ func TestMarshalUnmarshalJSON(t *testing.T) {
 	require.Error(t, err)
 	require.Equal(t, forig, f)
 }
+
+func TestMarshalUnmarshalYAML(t *testing.T) {
+	for _, expected := range []CallFlag{States, States | AllowNotify} {
+		data, err := yaml.Marshal(expected)
+		require.NoError(t, err)
+
+		var f CallFlag
+		require.NoError(t, yaml.Unmarshal(data, &f))
+		require.Equal(t, expected, f)
+	}
+
+	var f CallFlag
+	require.Error(t, yaml.Unmarshal([]byte(`[]`), &f))
+}