This project is mainly developed for the Account Division of a Banking sector to provide better interface of the entire banking transactions. This system is aimed to give a better out look to the user interfaces and to implement all the banking transactions like:
- Supply of Account Information
- New Account Creations
- Deposits
- Withdraws
- Check book issues
- Stop payments
- Transfer of accounts
- Report Generations.
This service is open only to savings bank customers and not for current account holders. The customer is privileged to use most of the system only as a viewing phase, the only online transactions the customer can do are Check book requisition and fund transfer among his personal accounts. The project has been planned to be having the view of distributed architecture, with centralized storage of the database.
Existing System:
- It is having lots of manual work, which may be error prone some times.
- The present system is very less secure.
- Customers need to wait for more time as the manual mode of system is a time consuming process.
- Customer authentication is a time consuming process as the signatures need to be verified against existing documents (which will be generally maintained in files).
Proposed System:
The proposed system automates all the following activities to implement error free, time and cost saving process.
- Supply of Account Information
- New Account Creations
- Deposits
- Withdraws
- Check book issues
- Stop payments
- Transfer of accounts
- Report Generations.
Modules:
The application comprises the following major modules.
- Account Information
- New Account Creations
- Deposits
- Withdraws
- Check book issues
- Stop payments
- Transfer of accounts
- Report Generations.
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