diff --git a/pkg/morph/event/notary_preparator.go b/pkg/morph/event/notary_preparator.go
new file mode 100644
index 00000000..f1df8019
--- /dev/null
+++ b/pkg/morph/event/notary_preparator.go
@@ -0,0 +1,322 @@
+package event
+
+import (
+	"bytes"
+	"encoding/binary"
+	"errors"
+	"fmt"
+
+	"github.com/nspcc-dev/neo-go/pkg/core/interop/interopnames"
+	"github.com/nspcc-dev/neo-go/pkg/core/transaction"
+	"github.com/nspcc-dev/neo-go/pkg/crypto/hash"
+	"github.com/nspcc-dev/neo-go/pkg/crypto/keys"
+	"github.com/nspcc-dev/neo-go/pkg/network/payload"
+	"github.com/nspcc-dev/neo-go/pkg/smartcontract"
+	"github.com/nspcc-dev/neo-go/pkg/util"
+	"github.com/nspcc-dev/neo-go/pkg/vm"
+	"github.com/nspcc-dev/neo-go/pkg/vm/opcode"
+	"github.com/nspcc-dev/neofs-node/pkg/morph/client"
+)
+
+var (
+	errNotContractCall            = errors.New("received main tx is not a contract call")
+	errUnexpectedWitnessAmount    = errors.New("received main tx has unexpected amount of witnesses")
+	errUnexpectedCosignersAmount  = errors.New("received main tx has unexpected amount of cosigners")
+	errIncorrectAlphabetSigner    = errors.New("received main tx has incorrect Alphabet signer")
+	errIncorrectProxyWitnesses    = errors.New("received main tx has non-empty Proxy witnesses")
+	errIncorrectAlphabet          = errors.New("received main tx has incorrect Alphabet verification")
+	errIncorrectNotaryPlaceholder = errors.New("received main tx has incorrect Notary contract placeholder")
+	errIncorrectAttributesAmount  = errors.New("received main tx has incorrect attributes amount")
+	errIncorrectAttribute         = errors.New("received main tx has incorrect attribute")
+	errUnexpectedOpcode           = errors.New("received main tx has unexpected(not PUSHDATA) NeoVM opcodes")
+
+	errIncorrectFBAttributesAmount = errors.New("received fallback tx has incorrect attributes amount")
+	errIncorrectFBAttributes       = errors.New("received fallback tx has incorrect attributes")
+
+	// ErrTXAlreadyHandled is returned if received TX has already been signed.
+	ErrTXAlreadyHandled = errors.New("received main tx has already been handled")
+
+	// ErrMainTXExpired is returned if received fallback TX is already valid.
+	ErrMainTXExpired = errors.New("received main tx has expired")
+)
+
+// BlockCounter must return block count of the network
+// from which notary requests are received.
+type BlockCounter interface {
+	BlockCount() (res uint32, err error)
+}
+
+// PreparatorPrm groups the required parameters of the Preparator constructor.
+type PreparatorPrm struct {
+	AlphaKeys client.AlphabetKeys
+
+	// BlockCount must return block count of the network
+	// from which notary requests are received.
+	BlockCounter BlockCounter
+}
+
+// Preparator implements NotaryPreparator interface.
+type Preparator struct {
+	// contractSysCall contract call in NeoVM
+	contractSysCall []byte
+	// dummyInvocationScript is invocation script from TX that is not signed.
+	dummyInvocationScript []byte
+
+	alphaKeys client.AlphabetKeys
+
+	blockCounter BlockCounter
+}
+
+// notaryPreparator inits and returns NotaryPreparator.
+//
+// Considered to be used for preparing notary request
+// for parsing it by event.Listener.
+func notaryPreparator(prm PreparatorPrm) NotaryPreparator {
+	switch {
+	case prm.AlphaKeys == nil:
+		panic("alphabet keys source must not be nil")
+	case prm.BlockCounter == nil:
+		panic("block counter must not be nil")
+	}
+
+	contractSysCall := make([]byte, 4)
+	binary.LittleEndian.PutUint32(contractSysCall, interopnames.ToID([]byte(interopnames.SystemContractCall)))
+
+	dummyInvocationScript := append([]byte{byte(opcode.PUSHDATA1), 64}, make([]byte, 64)...)
+
+	return Preparator{
+		contractSysCall:       contractSysCall,
+		dummyInvocationScript: dummyInvocationScript,
+		alphaKeys:             prm.AlphaKeys,
+		blockCounter:          prm.BlockCounter,
+	}
+}
+
+// Prepare converts raw notary requests to NotaryEvent.
+//
+// Returns ErrTXAlreadyHandled if transaction shouldn't be
+// parsed and handled. It is not "error case". Every handled
+// transaction is expected to be received one more time
+// from the Notary service but already signed. This happens
+// since every notary call is a new notary request in fact.
+func (p Preparator) Prepare(nr *payload.P2PNotaryRequest) (NotaryEvent, error) {
+	// notary request's main tx is expected to have
+	// exactly three witnesses: one for proxy contract,
+	// one for notary's invoker and one is for notary
+	// contract
+	if len(nr.MainTransaction.Scripts) != 3 {
+		return nil, errUnexpectedWitnessAmount
+	}
+
+	// alphabet node should handle only notary requests
+	// that have been sent unsigned(by storage nodes) =>
+	// such main TXs should have dummy scripts as an
+	// invocation script
+	//
+	// this check prevents notary flow recursion
+	if !bytes.Equal(nr.MainTransaction.Scripts[1].InvocationScript, p.dummyInvocationScript) {
+		return nil, ErrTXAlreadyHandled
+	}
+
+	currentAlphabet, err := p.alphaKeys()
+	if err != nil {
+		return nil, fmt.Errorf("could not fetch Alphabet public keys: %w", err)
+	}
+
+	err = p.validateCosigners(nr.MainTransaction.Signers, currentAlphabet)
+	if err != nil {
+		return nil, err
+	}
+
+	// validate main TX's notary attribute
+	err = p.validateAttributes(nr.MainTransaction.Attributes, currentAlphabet)
+	if err != nil {
+		return nil, err
+	}
+
+	// validate main TX's witnesses
+	err = p.validateWitnesses(nr.MainTransaction.Scripts, currentAlphabet)
+	if err != nil {
+		return nil, err
+	}
+
+	// validate main TX expiration
+	err = p.validateExpiration(nr.FallbackTransaction)
+	if err != nil {
+		return nil, err
+	}
+
+	var (
+		opCode opcode.Opcode
+		param  []byte
+	)
+
+	ctx := vm.NewContext(nr.MainTransaction.Script)
+	ops := make([]Op, 0, 16) // 16 is maximum num of opcodes for calling contracts with 4 args(no arrays of arrays)
+
+	for {
+		opCode, param, err = ctx.Next()
+		if err != nil {
+			return nil, fmt.Errorf("could not get next opcode in script: %w", err)
+		}
+
+		if opCode == opcode.RET {
+			break
+		}
+
+		ops = append(ops, Op{code: opCode, param: param})
+	}
+
+	opsLen := len(ops)
+
+	// check if it is tx with contract call
+	if !bytes.Equal(ops[opsLen-1].param, p.contractSysCall) {
+		return nil, errNotContractCall
+	}
+
+	// retrieve contract's script hash
+	contractHash, err := util.Uint160DecodeBytesBE(ops[opsLen-2].param)
+	if err != nil {
+		return nil, fmt.Errorf("could not decode contract hash: %w", err)
+	}
+
+	// retrieve contract's method
+	contractMethod := string(ops[opsLen-3].param)
+
+	err = p.validateParameterOpcodes(ops[:opsLen-3])
+	if err != nil {
+		return nil, err
+	}
+
+	return parsedNotaryEvent{
+		hash:       contractHash,
+		notaryType: NotaryTypeFromString(contractMethod),
+		params:     ops[:opsLen-3],
+		raw:        nr,
+	}, nil
+}
+
+func (p Preparator) validateParameterOpcodes(oo []Op) error {
+	// check for unexpected NeoVM opcodes
+	for _, o := range oo {
+		switch {
+		// only PUSH(and PACK for arrays) codes are allowed;
+		// number of params and their content must be checked
+		// in a notary parser and a notary handler of a
+		// particular contract
+		case o.code <= opcode.PUSH16 || o.code == opcode.PACK:
+		default:
+			return errUnexpectedOpcode
+		}
+	}
+
+	return nil
+}
+
+func (p Preparator) validateExpiration(fbTX *transaction.Transaction) error {
+	if len(fbTX.Attributes) != 3 {
+		return errIncorrectFBAttributesAmount
+	}
+
+	nvbAttrs := fbTX.GetAttributes(transaction.NotValidBeforeT)
+	if len(nvbAttrs) != 1 {
+		return errIncorrectFBAttributes
+	}
+
+	nvb, ok := nvbAttrs[0].Value.(*transaction.NotValidBefore)
+	if !ok {
+		return errIncorrectFBAttributes
+	}
+
+	currBlock, err := p.blockCounter.BlockCount()
+	if err != nil {
+		return fmt.Errorf("could not fetch current chain height: %w", err)
+	}
+
+	if currBlock >= nvb.Height {
+		return ErrMainTXExpired
+	}
+
+	return nil
+}
+
+func (p Preparator) validateCosigners(s []transaction.Signer, alphaKeys keys.PublicKeys) error {
+	if len(s) != 3 {
+		return errUnexpectedCosignersAmount
+	}
+
+	alphaVerificationScript, err := smartcontract.CreateMultiSigRedeemScript(len(alphaKeys)*2/3+1, alphaKeys)
+	if err != nil {
+		return fmt.Errorf("could not get Alphabet verification script: %w", err)
+	}
+
+	if !s[1].Account.Equals(hash.Hash160(alphaVerificationScript)) {
+		return errIncorrectAlphabetSigner
+	}
+
+	return nil
+}
+
+func (p Preparator) validateWitnesses(w []transaction.Witness, alphaKeys keys.PublicKeys) error {
+	// the first one(proxy contract) must have empty
+	// witnesses
+	if len(w[0].VerificationScript)+len(w[0].InvocationScript) != 0 {
+		return errIncorrectProxyWitnesses
+	}
+
+	alphaVerificationScript, err := smartcontract.CreateMultiSigRedeemScript(len(alphaKeys)*2/3+1, alphaKeys)
+	if err != nil {
+		return fmt.Errorf("could not get Alphabet verification script: %w", err)
+	}
+
+	// the second one must be witness of the current
+	// alphabet multiaccount
+	if !bytes.Equal(w[1].VerificationScript, alphaVerificationScript) {
+		return errIncorrectAlphabet
+	}
+
+	// the third one must be a placeholder for notary
+	// contract witness
+	if !bytes.Equal(w[2].InvocationScript, p.dummyInvocationScript) || len(w[2].VerificationScript) != 0 {
+		return errIncorrectNotaryPlaceholder
+	}
+
+	return nil
+}
+
+func (p Preparator) validateAttributes(aa []transaction.Attribute, alphaKeys keys.PublicKeys) error {
+	// main tx must have exactly one attribute
+	if len(aa) != 1 {
+		return errIncorrectAttributesAmount
+	}
+
+	val, ok := aa[0].Value.(*transaction.NotaryAssisted)
+	if !ok || val.NKeys != uint8(len(alphaKeys)) {
+		return errIncorrectAttribute
+	}
+
+	return nil
+}
+
+type parsedNotaryEvent struct {
+	hash       util.Uint160
+	notaryType NotaryType
+	params     []Op
+	raw        *payload.P2PNotaryRequest
+}
+
+func (p parsedNotaryEvent) ScriptHash() util.Uint160 {
+	return p.hash
+}
+
+func (p parsedNotaryEvent) Type() NotaryType {
+	return p.notaryType
+}
+
+func (p parsedNotaryEvent) Params() []Op {
+	return p.params
+}
+
+func (p parsedNotaryEvent) Raw() *payload.P2PNotaryRequest {
+	return p.raw
+}
diff --git a/pkg/morph/event/opcodes.go b/pkg/morph/event/opcodes.go
new file mode 100644
index 00000000..1300e447
--- /dev/null
+++ b/pkg/morph/event/opcodes.go
@@ -0,0 +1,21 @@
+package event
+
+import "github.com/nspcc-dev/neo-go/pkg/vm/opcode"
+
+// Op is wrapper over Neo VM's opcode
+// and its parameter.
+type Op struct {
+	code  opcode.Opcode
+	param []byte
+}
+
+// Code returns Neo VM opcode.
+func (o Op) Code() opcode.Opcode {
+	return o.code
+}
+
+// Param returns parameter of wrapped
+// Neo VM opcode.
+func (o Op) Param() []byte {
+	return o.param
+}