diff --git a/client/client.go b/client/client.go
index 4e24a22a..46c4fa3e 100644
--- a/client/client.go
+++ b/client/client.go
@@ -1,8 +1,10 @@
 package client
 
 import (
+	"context"
 	"crypto/ecdsa"
 	"crypto/tls"
+	"errors"
 	"time"
 
 	v2accounting "github.com/nspcc-dev/neofs-api-go/v2/accounting"
@@ -63,6 +65,10 @@ func (c *Client) Init(prm PrmInit) {
 // Returns an error describing failure reason. If failed, the Client
 // SHOULD NOT be used.
 //
+// Uses the context specified by SetContext if it was called with non-nil
+// argument, otherwise context.Background() is used. Dial returns context
+// errors, see context package docs for details.
+//
 // Panics if required parameters are set incorrectly, look carefully
 // at the method documentation.
 //
@@ -100,7 +106,13 @@ func (c *Client) Dial(prm PrmDial) error {
 	c.setNeoFSAPIServer((*coreServer)(&c.c))
 
 	// TODO: (neofs-api-go#382) perform generic dial stage of the client.Client
-	_, _ = rpc.Balance(&c.c, new(v2accounting.BalanceRequest))
+	_, err := rpc.Balance(&c.c, new(v2accounting.BalanceRequest),
+		client.WithContext(prm.parentCtx),
+	)
+	// return context errors since they signal about dial problem
+	if errors.Is(err, context.Canceled) || errors.Is(err, context.DeadlineExceeded) {
+		return err
+	}
 
 	return nil
 }
@@ -174,6 +186,8 @@ type PrmDial struct {
 
 	streamTimeoutSet bool
 	streamTimeout    time.Duration
+
+	parentCtx context.Context
 }
 
 // SetServerURI sets server URI in the NeoFS network.
@@ -214,3 +228,11 @@ func (x *PrmDial) SetStreamTimeout(timeout time.Duration) {
 	x.streamTimeoutSet = true
 	x.streamTimeout = timeout
 }
+
+// SetContext allows to specify optional base context within which connection
+// should be established.
+//
+// Context SHOULD NOT be nil.
+func (x *PrmDial) SetContext(ctx context.Context) {
+	x.parentCtx = ctx
+}
diff --git a/client/client_test.go b/client/client_test.go
index e515f809..a9f10018 100644
--- a/client/client_test.go
+++ b/client/client_test.go
@@ -1,6 +1,7 @@
 package client
 
 import (
+	"context"
 	"crypto/ecdsa"
 	"crypto/elliptic"
 	"crypto/rand"
@@ -37,3 +38,31 @@ func newClient(server neoFSAPIServer) *Client {
 
 	return &c
 }
+
+func TestClient_DialContext(t *testing.T) {
+	var c Client
+
+	// try to connect to any host
+	var prm PrmDial
+	prm.SetServerURI("localhost:8080")
+
+	assert := func(ctx context.Context, errExpected error) {
+		// use the particular context
+		prm.SetContext(ctx)
+
+		// expect particular context error according to Dial docs
+		require.ErrorIs(t, c.Dial(prm), errExpected)
+	}
+
+	// create pre-abandoned context
+	ctx, cancel := context.WithCancel(context.Background())
+	cancel()
+
+	assert(ctx, context.Canceled)
+
+	// create "pre-deadlined" context
+	ctx, cancel = context.WithTimeout(context.Background(), 0)
+	defer cancel()
+
+	assert(ctx, context.DeadlineExceeded)
+}
diff --git a/go.mod b/go.mod
index b19336ac..f3b17027 100644
--- a/go.mod
+++ b/go.mod
@@ -9,7 +9,7 @@ require (
 	github.com/mr-tron/base58 v1.2.0
 	github.com/nspcc-dev/hrw v1.0.9
 	github.com/nspcc-dev/neo-go v0.99.2
-	github.com/nspcc-dev/neofs-api-go/v2 v2.13.2-0.20221004142957-5fc2644c680d
+	github.com/nspcc-dev/neofs-api-go/v2 v2.13.2-0.20221005093543-3a91383f24a9
 	github.com/nspcc-dev/neofs-contract v0.15.3
 	github.com/nspcc-dev/tzhash v1.6.1
 	github.com/stretchr/testify v1.7.0
diff --git a/go.sum b/go.sum
index 2a15a9ac..f423effc 100644
--- a/go.sum
+++ b/go.sum
@@ -263,8 +263,8 @@ github.com/nspcc-dev/neo-go/pkg/interop v0.0.0-20220809123759-3094d3e0c14b h1:J7
 github.com/nspcc-dev/neo-go/pkg/interop v0.0.0-20220809123759-3094d3e0c14b/go.mod h1:23bBw0v6pBYcrWs8CBEEDIEDJNbcFoIh8pGGcf2Vv8s=
 github.com/nspcc-dev/neofs-api-go/v2 v2.11.0-pre.0.20211201134523-3604d96f3fe1/go.mod h1:oS8dycEh8PPf2Jjp6+8dlwWyEv2Dy77h/XhhcdxYEFs=
 github.com/nspcc-dev/neofs-api-go/v2 v2.11.1/go.mod h1:oS8dycEh8PPf2Jjp6+8dlwWyEv2Dy77h/XhhcdxYEFs=
-github.com/nspcc-dev/neofs-api-go/v2 v2.13.2-0.20221004142957-5fc2644c680d h1:Oc15A8gDoP/TC5kdJi6TW9AnOp5dYiecZ0tJDRUV7vg=
-github.com/nspcc-dev/neofs-api-go/v2 v2.13.2-0.20221004142957-5fc2644c680d/go.mod h1:DRIr0Ic1s+6QgdqmNFNLIqMqd7lNMJfYwkczlm1hDtM=
+github.com/nspcc-dev/neofs-api-go/v2 v2.13.2-0.20221005093543-3a91383f24a9 h1:c9ovp4KuPyIBx4dVG4bmkePlmuN0au4BBtFGXALWFBM=
+github.com/nspcc-dev/neofs-api-go/v2 v2.13.2-0.20221005093543-3a91383f24a9/go.mod h1:DRIr0Ic1s+6QgdqmNFNLIqMqd7lNMJfYwkczlm1hDtM=
 github.com/nspcc-dev/neofs-contract v0.15.3 h1:7+NwyTtxFAnIevz0hR/XxQf6R2Ej2scjVR2bnnJnhBM=
 github.com/nspcc-dev/neofs-contract v0.15.3/go.mod h1:BXVZUZUJxrmmDETglXHI8+5DSgn84B9y5DoSWqEjYCs=
 github.com/nspcc-dev/neofs-crypto v0.2.0/go.mod h1:F/96fUzPM3wR+UGsPi3faVNmFlA9KAEAUQR7dMxZmNA=