14-08-2012, 10:42 AM
Online Banking
Bankingsystems(Synopsis).doc (Size: 36.5 KB / Downloads: 35)
Abstract of the Project:
This application is for those who not only want to keep their Records but they want to keep their Bank Balance updated too. This is the best application for them. It is very easy to use as it is totally GUI [Graphical User Interface] based application.
“Online Banking " is a computerized telecommunications device that provides the customers of a financial institution with access to financial transactions in a public space without the need for a human clerk or bank teller. On most modern ATMs, the customer is identified by inserting a plastic ATM card with a magnetic stripe or a plastic smartcard with a chip that contains a unique card number and some security information, such as an expiration date or CVC (CVV). Security is provided by the customer entering a personal identification number (PIN).
Purpose of the Project
In the existing system the transactions are done only manually but in proposed system we have to computerize all the banking transaction using the software
• Creating account.
• Deposit money.
• Withdraw Money.
• Searching customer by name and acc No
Existing system
The Existing system is manual system where, there is no need of install any software to communicate with other users. Because our project is web based application project. For example if we install gtalk we can chat with only talk users. Where as in social networking site we can chat with all users.
Drawbacks of the existing system:
• Lot of time is wasted in looking out for chatting with friends.
• Cannot view various tasks available for one user at a time.
• It is a very time consuming process.
• There is no privacy in this system.
Proposed Solution to these Problems
Definitely, it's cheaper to use online social networking for both personal and business use because most of it is usually free. While personal use is rather simple for anyone, the business functions are underestimated by many.
You definitely can gain the customers' confidence if you can connect to them on both a personal and professional level. Despite having to do a bit of work.
You are friends with people who have other friends, and so on. There is potential in such a common situation. By using a social networking site, you can do what you can and get connected with these people to form a web of connections that can give you leverage if you play your cards right
If this is not your kind of thing that it would just be a waste of time for you. The key to social networking is that it is supposed to be fun, whether you are just doing it for kicks or clicking around for business purposes. Networking provides social contact and stimulation.
EXISTING SYSTEM
In the existing system the transactions are done only manually but in proposed system we have to computerize all the banking transaction using the software Online banking.
PROBLEMS WITH EXISTING SYSTEM
• Lack of security of data.
• More man power.
• Time consuming.
• Consumes large volume of pare work.
• Needs manual calculations.
• No direct role for the higher officials.
• Damage of machines due to lack of attention.
To avoid all these limitations and make the working more accurately the system needs to be computerized.
PROPOSED SYSTEM
The aim of proposed system is to develop a system of improved facilities. The
proposed system can overcome all the limitations of the existing system. The system
provides proper security and reduces the manual work.
ADVANTAGES OF THE PROPOSED SYSTEM
The system is very simple in design and to implement. The system requires very low
system resources and the system will work in almost all configurations. It has got
following features
• Security of data.
• Ensure data accuracy’s.
• Proper control of the higher officials.
• Reduce the damages of the machines.
• Minimize manual data entry.
• Minimum time needed for the various processing.
• Greater efficiency.
• Better service.
• User friendliness and interactive.
• Minimum time required.
Bankingsystems(Synopsis).doc (Size: 36.5 KB / Downloads: 35)
Abstract of the Project:
This application is for those who not only want to keep their Records but they want to keep their Bank Balance updated too. This is the best application for them. It is very easy to use as it is totally GUI [Graphical User Interface] based application.
“Online Banking " is a computerized telecommunications device that provides the customers of a financial institution with access to financial transactions in a public space without the need for a human clerk or bank teller. On most modern ATMs, the customer is identified by inserting a plastic ATM card with a magnetic stripe or a plastic smartcard with a chip that contains a unique card number and some security information, such as an expiration date or CVC (CVV). Security is provided by the customer entering a personal identification number (PIN).
Purpose of the Project
In the existing system the transactions are done only manually but in proposed system we have to computerize all the banking transaction using the software
• Creating account.
• Deposit money.
• Withdraw Money.
• Searching customer by name and acc No
Existing system
The Existing system is manual system where, there is no need of install any software to communicate with other users. Because our project is web based application project. For example if we install gtalk we can chat with only talk users. Where as in social networking site we can chat with all users.
Drawbacks of the existing system:
• Lot of time is wasted in looking out for chatting with friends.
• Cannot view various tasks available for one user at a time.
• It is a very time consuming process.
• There is no privacy in this system.
Proposed Solution to these Problems
Definitely, it's cheaper to use online social networking for both personal and business use because most of it is usually free. While personal use is rather simple for anyone, the business functions are underestimated by many.
You definitely can gain the customers' confidence if you can connect to them on both a personal and professional level. Despite having to do a bit of work.
You are friends with people who have other friends, and so on. There is potential in such a common situation. By using a social networking site, you can do what you can and get connected with these people to form a web of connections that can give you leverage if you play your cards right
If this is not your kind of thing that it would just be a waste of time for you. The key to social networking is that it is supposed to be fun, whether you are just doing it for kicks or clicking around for business purposes. Networking provides social contact and stimulation.
EXISTING SYSTEM
In the existing system the transactions are done only manually but in proposed system we have to computerize all the banking transaction using the software Online banking.
PROBLEMS WITH EXISTING SYSTEM
• Lack of security of data.
• More man power.
• Time consuming.
• Consumes large volume of pare work.
• Needs manual calculations.
• No direct role for the higher officials.
• Damage of machines due to lack of attention.
To avoid all these limitations and make the working more accurately the system needs to be computerized.
PROPOSED SYSTEM
The aim of proposed system is to develop a system of improved facilities. The
proposed system can overcome all the limitations of the existing system. The system
provides proper security and reduces the manual work.
ADVANTAGES OF THE PROPOSED SYSTEM
The system is very simple in design and to implement. The system requires very low
system resources and the system will work in almost all configurations. It has got
following features
• Security of data.
• Ensure data accuracy’s.
• Proper control of the higher officials.
• Reduce the damages of the machines.
• Minimize manual data entry.
• Minimum time needed for the various processing.
• Greater efficiency.
• Better service.
• User friendliness and interactive.
• Minimum time required.