An automated financial quotation system for audibly eliciting identification and input information from a user located at a remote terminal, and on the basis of this information, calculating and transmitting a synthesized audible representation of a financial disclosure statement to the remote terminal. The input information includes identification information and at least one variable from which the financial disclosure statement is calculated. The identification information may include user identification and/or identification of the transaction to be performed, preferably modelled by a processor under control of programmed instructions and stored data. The system includes means for requesting or eliciting the identification and input information, means for verifying and/or confirming at least those portions of the input information from which the financial disclosure statement is determined and/or calculated, and a speech synthesizer controlled by the processor and/or phoneme command signals for generating phonemes of speech representative of the processed financial disclosure statement. An alternative embodiment of the invention also includes a storage module for storing processed financial disclosure statements along with a V-code generated by the system so that a particular financial disclosure statement may be recalled when the V-code is later supplied to the system to retrieve the calculated disclosure statement in anticipation of consummating a transaction.