Internet Banking System Software Requirement Specification

Internet banking system provides is specifically developed for online banking for Balance Enquiry, Funds Transfer to another account in the same bank, Request for cheque book/change of address/stop payment of cheques, Mini statements (Viewing Monthly and annual statements).

Purpose

The Traditional way of maintaining details of a user in a bank was to enter the details and record them. Every time the user need to perform some transactions he has to go to bank and perform the necessary actions, which may not be so feasible all the time. It may be a hard-hitting task for the users and the bankers too. The project gives real life understanding of Internet banking and activities performed by various roles in the supply chain. Here, we provide an automation for banking system through Internet. Internet banking system project captures activities performed by different roles in real life banking which provides enhanced techniques for maintaining the required information up-to-date, which results in efficiency. The project gives real life understanding of Internet banking and activities performed by various roles in the supply chain.

Scope

This Project investigates the entry threshold for providing a new transaction service channel via the real options approach, where the entry threshold is established by using an Internet banking system designed for the use of normal users(individuals), Industrialists, Entrepreneurs, Educational Institutions(Financial sections), Organizations and Academicians under transaction rate uncertainty.

Customer must have a valid User Id and password to login to the system

If a wrong password is given thrice in succession, that account will be locked and the customer will not be able to use it. When an invalid password is entered a warning is given to the user that his account is going to get locked.

After the valid user logs in he is shown the list of accounts he has with the bank.

On selecting the desired account he is taken to a page which shows the present balance in that particular account number.

User can request for the details of the last ‘n’ number of transactions that he has performed.

A report can also be taken of this.

User can make a funds transfer to another account in the same bank. User is provided with a transaction password which is different from the login password.

User can transfer funds from his account to any other account with this bank. If the transaction is successful a notification should appear to the customer, in case it is unsuccessful, a proper message should be given to the customer as to why it failed.

User can request for cheque book/change of address/stop payment of cheque’s

User can view his monthly as well as annual statements. He can also take print out of the same.

Generate reports at every section

Administrator can take a back up of the database for every instance that is happening, periodically.

All users are authenticated to avail the services

FAQ section is also included for end users benefit.

Definitions, Acronyms and Abbreviations

Administrator: He is the super user who can add new customers into banking system, and assigns corresponding username, password, account type and other details. When any customer withdraws his account from the bank, he can delete their account and stop the transactions immediately. He can generate different reports. He also takes the system backup.

Team Members (Customers): After logging in he can request for balance enquiry in his account, Funds Transfer to another account in the same bank, Request for cheque book/change of address/stop payment of cheques, Mini statements (Viewing Monthly and annual statements).

Industrialists, Entrepreneur, Organizations and academicians: These are another type of customers. They will have extra information to be entered while logging in such as organization Id and so on. They can also perform all the actions what the normal customers are going to perform.

HTML: Hypertext Markup Language is a markup language used to design static web pages.

EJB: Enterprise Java Beans.

J2EE: Java 2 Enterprise Edition is a programming platform part of the Java Platform for developing and running distributed multitier architecture Java applications, based largely on modular software components running on an application server.

DB2: DB2 Database is the database management system that delivers a flexible and cost effective database platform to build robust on demand business applications.

WAS: Web sphere application server is an application server that runs business applications and supports the J2EE and web services standards.

WSAD: Web sphere studio application developer is a toolkit which is designed for the creation of more complex projects, providing fully dynamic web application utilizing EJB’s. This consist of EJB tools , CMP ,data mapping tools & a universal test client that is designed to aid testing of EJB’ s.

HTTP: Hypertext Transfer Protocol is a transaction oriented client/server protocol between web browser & a Web Server.

HTTPS: Secure Hypertext Transfer Protocol is a HTTP over SSL (secure socket layer)

TCP/IP: Transmission Control Protocol/Internet Protocol, the suite of communication protocols used to connect hosts on the Internet. TCP/IP uses several protocols, the two main ones being TCP and IP.