5. PROPOSED SYSTEM

PROPOSED SYSTEM

The proposed system is Safe and Secure On-line Banking system that provides

customers with the facility to check their accounts and do transactions on-line. The

system will provide all the banks facilities to its customers when their authentications

[user id and password] match, including viewing account information, performing

transfers, giving the customer an option of changing address, paying bills on-line,

password retrieval, performing transactions, viewing transactions and the locations the

bank and its branches. The system should also support an online enrollment facility for

credit card customers and should allow customers to view their personnel accounts and to

pay bills online from their account.

The system should assign a unique transaction number to every transaction that a user

makes. It should also generate credit card numbers automatically when administrator,

insert credit card customer’s information. The Administrator will administer both normal

bank account and credit card bank accounts. The administrator should have the ability to

perform various operations like creating a normal bank account for the customer and

performing functions like transfers, withdrawals and deposits when the customers want

teller transactions. The administrator also has the privilege to close the customer’s

account on the request of the bank customer. The customer should be able to access

his/her account from anywhere just by inputting the correct user-id and password. All this

process will take place on a secure channel using SSL technology.

Banking online automates many of these processes, saving time and money. For all banks, online banking is a powerful tool to gain new customers while it helps to eliminates costly paper handling and manual teller interactions in an increasingly competitive banking environment. Banks have spent generations gaining trust of their customers, and the goal for this project is to develop a user friendly, secure Online Banking Application. The application will be built using Java Server Pages (JSP), tomcat as the Web server, and Oracle 9i as a database.