Table of Content

Introduction Types of E-Banking Project scope Objectives of the proposed system Feasibility study Software requirement specification (SRS) Entity Relationship Diagram Data Flow Diagram Database Table overview System Specification Pros N Cons Conclusion Bibliography Securities of E-Banking Conclusion Bibliography

INTRODUCTION
E-banking is the wave of the future. It provides enormous benefits to consumers in terms of ease and cost of transactions, either through Internet, telephone or other electronic delivery. Electronic finance (Efinance) has become one of the most essential technological changes in the financial industry. E-finance as the provision of financial services and markets using electronic communication and computation. In practice, e-finance includes e-payment, e-trading, and e-banking. According to the definitions from the Bank for International Settlement (BIS-EBG, 2003b), e-payment creates considerable efficiencies and is

superior to traditional paper based solution. E-trading is referred to as a wide variety of systems that provide electronic order routing, automated trade execution, and electronic dissemination of pre-trade and post-trade information. With the help of the e-trading systems, the transactions can be executed at a remote server and information can be conveyed to a remote location. And e-banking means the provision of retail and small value banking products and services through electronic channels and large value electronic payments and other wholesale banking services delivered electronically. Although clients have enjoyed great convenience of ebanking and bankers have improved cost efficiency of banks (Lin and Lin, 2006, 2007), e-banking may lead to unstable financial environments. In other words, e-banking could make the financial markets less manageable by the regulators. Internet banking refers to the deployment over the Internet of retail and wholesale banking services. It involves individual and corporate clients, and includes bank transfers, payments and settlements, documentary collections and credits, corporate and household lending, card business and some others.Since its inception Internet banking has experienced strong and sustained growth. According to Jupiter Media, Internet traffic for all United States banks which grew by 77.6 per cent between July 2000 and July 2001, compared with overall World Wide Web traffic growth of 19.8 per cent over the same period. Another source estimated that the share of United States households using Internet banking will increase from 20 per cent in 2001 to 33 per cent in 2005, and that by 2010 there might be 55 million users. Internet banking operations currently represent between 5 per cent and 10 per cent of the total volumeof retail banking transactions both in the United States and in Europe. This is less than the share of Internet securities trading, estimated at between 20 and 25 per cent of the total, but much more than . toverall business to-consumer (B2C) e-commerce, which represent leaa then total 2 % of the retail trade

TYPES OF E-BANKING
The common assumption is that Internet banking is the only method of online banking. However,this is not strictly the case, as several types of service are currently available: PC Banking - The forerunner to Internet banking has been around since the late 1980's and is still widely used today. Individual banks provide software which is loaded on to an SME's office computer. The SME can then access their bank account via a modem and telephone link to the bank. Access is not necessarily via the Internet. Internet Banking - Using a Web browser, a user can access their account, once the bank's application server has validated the user's identity. Digital TV Banking- Using the standard digital reception equipment (set top box and remote control), users can access their bank account. Abbey National and HSBC services are available via Digital TV providers. One of its main selling points is that no account details are transmitted via the World Wide Web; Text Phone Banking - HSBC have introduced this service to allow customers with text phones to check their balance, pay bills and transfer money. Internet banking can be split into two distinct groups: Traditional banks and building societies use the Internet as an add-on service with which to give businesses access to their accounts. New Internet-only banks have no bricks and mortar presence on the High Street. Therefore, they have lower overheads and can offer higher rates of interest and lower charges.

PROJECT SCOPE
The projects aim is to automate the system,pre-checking the inclusion of all required material and automatically process the transactions used in a banking. The criterions which include over here is to creation of an account and its all respective perspectives. The data used by the system is stored in a database that will be the centre of all information held about the customer and the base for the remainder of the process after initial signing up been made. This enables things to be simplified and considerably quickened ,making the jobs of the involved people easier. It supports the current

process but centralizes it and makes it possible for decisions to be made earlier and easier way. The main goal of the system is to automate the process carried out in the bank with improved performance an realize the vision of paperless banking. some of the goals of the system are listed below:Manage large number of customer details with ease. Manage all details of the student who are registered with the bank and send appropriate details about latest policy of the bank to each of its customer. Create customer account and maintain its data efficiently and effectively. View all the details of the customer. Create a statistical report to facilitate the finance department work. Activities like updating, modification, deletion of records should be easier.

OBJECTIVES OF THE PROPOSED SYSTEM

The aim of the proposed system is to address the limitations of the current system .The requirements for the system has been gathered from the defects recorded in the past and also based on the feedback users of the previous metrics tools.
Manual Process

Inquires for an existing service

or some specific information Customer physically visits the bank The incharge clerk checks the specification and answers the query Associated and integrates the information as needed Leaves the bank

The development of the new system contains the following activities which try to automate the entire process keeping in view of the database integration approach. Following are the Objectives of the

proposed system:
1. The administrators have grates accessibility in collecting the consistent information that is very much necessary for the system to exist and coordinate. 2. The system at any point of time can give the customers information related to their Accounts and accounts status The balance enquiry The fund transfer standards
Raises a request for new checkbook by filling in the prescribed form Customer physically visits the bank The incharge clerk accepts the request and prepares the cheque book with respect to given specification The cheque book is sent for manages initials Customer makes a counter sign and receives the checkbook

The cheque book request 3. The system can provide information related to the different types of accounts that are existing within the bank. 4. The system can provide the bank administration with information on the number of customers who are existing in the system. 5. The system at any point of time can provide the information related to the executed transactions by the customer. 6. The system with respect to the necessities can identify all the history details of the trial participants along with their outcome of the results. 7. The system with respect to the necessities can provide the status of research and development process that is under schedule within the organization currently. 8. With proper storage of the data in a relational environment the system can Applegate itself to cater to the standards of providing a clear and easy path for future research standards that may arise due to organizational policies.

FEASIBILITY STUDY
A significant transformation in banking system has occurred in the world. The online system of banking and improvements has been made through recognizing difficulties encountered by the customer and the authority. Both qualitative and quantitative research, through parent/career surveys.

Focus groups and staff training sessions have influenced the online process. As a result this had produced an efficient and user friendly system, that relies on an effective online form, but on the coordination between ban and its customer. A comprehensive feasibility study of social, economical and technical aspects has also been made and implemented as below:-

Social Feasibility
It has simplified the banking procedure. Customers and banking authority had a huge acceptance to the notion. It had a good social impact and no objections or problems regarding the project is found

Economic Feasibility
The project is economically Feasible since we are getting ample economic support required for the project from banking authorities.

Technical Feasibility

Minimum requirement for execution of the project is a java supporting operating system since the connection to the database will be made using JSP and SERVLETS,minimum of 64 MB of RAM, a database software, a server and a web browser with which we were previously equipped.

DATABASE DRIVEN WEB APPLICATION

A database wb application is an appliction wizard based on WWW(WORLD WIDE WEB) and database using web browser as a client TRADITIONAL CLIENT-SERVER(2-tier archietechture) A client computer handles the user interface (Access forms, Oracle forms, reports) and a database server stores the data.The actual functionality (business logic)of the application resides on the client and/or in the databases. WEB BASED MULTI-TIER ARCHIETECHTURE A client computer uses a browser to access information from two or more servers(web servers, application servers, database servers) i.e. a web server

handles a web request, an application server handles the dynamic request and a database server stores the data.

System Specification
SOFTWARE SPECIFICATION
Client on Internet: Web browser(any),operating system(any) Client on Intranet: Client software, Web Browser, Operating System (any) Web server: Apache Tomcat or Glassfish, Operating System(any) Database Server: MS-access, Operating System(Microsoft Windows<any version>) Development End: Net beans (J2EE, Java, Servlets, JSP), MSAccess (DB tool).

HARDWARE SPECIFICATION CLIENT SIDE :PROCESSOR RAM DISK SPACE INTERNET EXPLORER 6.0 PENTIUM II at 500 MHz 64 MB 500 MB

SERVER SIDE :APACHE TOMCAT PENTIUM III at 1GHz 512 MB 1GB MS-ACCESS PENTIUM III at 1GHz 512 MB 512 MB

DATABASE TABLE OVERVIEW

The database tables which are used over here are ten in number which are customer,administrator,account,transaction,businessloan,homeloan, personal loan,educational loan,agricultural loan.The structures of the tables are shown as follows:

1.customer
ATTRIBUTE NAME ATTRIBUTE TYPE ATTRIBUTE SIZE

F_NAME Text 50 L_NAME Text 50 ACC_NO Number 50 E_MAIL Text 20 BR_NAME Text 40 USER_ID Text 10 PIN Text 5 DOB Text 10

2.administrator
ATTRIBUTE NAME ATTRIBUTE TYPE ATTRIBUTE SIZE USER_ID Text 20 PASS_WD Text 10

2.account
ATTRIBUTE NAME ATTRIBUTE TYPE ATTRIBUTE SIZE ACC_NO Number 50 OPENDATE Text 10 BALANCE Number 100

2.transaction
ATTRIBUTE NAME ATTRIBUTE TYPE ATTRIBUTE SIZE SL_T Number ACC_NO Number 50 DOT Text 10 DESOT Text 20 CORD Text 5 AMOUNT Number

2.businessloan
ATTRIBUTE NAME ATTRIBUTE TYPE ATTRIBUTE SIZE TYPEOF_BUSINESS Text 100 ANN_INC Number 100 AMT_LOAN Number 100 TENURE Number 10 SECURITY_DET Text 100 PAN_NO Text 50 BR_NAME Text 20 F_NAME Text 50 L_NAME Text 50 ADD Text 100 ACC_NO Number 50

CON_NO Number 10

2.homeloan
ATTRIBUTE NAME ATTRIBUTE TYPE ATTRIBUTE SIZE LOC_PRO Text 100 AR_CONS Text 100 OCC_DET Text 100 AMT_LOAN Number 100 TENURE Number 10 SECURITY_DET Text 100 PAN_NO Text 50 BR_NAME Text 20 F_NAME Text 50 L_NAME Text 50 ADD Text 100 ACC_NO Number 50 CON_NO Number 10

3.personalloan
ATTRIBUTE NAME ATTRIBUTE TYPE ATTRIBUTE SIZE REASON_LOAN Text 100 OCC_DET Text 100 ANN_INC Number 100 AMT_LOAN Number 100 TENURE Number 10 SECURITY_DET Text 100 PAN_NO Text 50 BR_NAME Text 20 F_NAME Text 50 L_NAME Text 50 ADD Text 100 ACC_NO Number 50 CON_NO Number 10

4.educationalloan
ATTRIBUTE NAME ATTRIBUTE TYPE ATTRIBUTE SIZE TYPEOF_COURSE Text 100 PRE_EDU_QUALIFICATION Text 100 SEC_MARKS Number 100 HIGHSEC_MARKS Number 100 GRADUATION_MARKS Number 10

ANN_INC Text 100 TENURE Number 10 PAN_NO Text 50 BR_NAME Text 20 F_NAME Text 50 L_NAME Text 50 ADD Text 100 ACC_NO Number 50 CON_NO Number 10

4.agriculturalloan
ATTRIBUTE NAME ATTRIBUTE TYPE ATTRIBUTE SIZE AR_LAND Text 100 ANN_PRO Text 100 OCC_DET Number 100 ANN_INC Text 100 TENURE Number 10 SECURITY_DET Text 50 PAN_NO Text 50 BR_NAME Text 20 F_NAME Text 50 L_NAME Text 50 ADD Text 100 ACC_NO Number 50 CON_NO Number 10

PROS N CONS
Features of Internet banking
The features available from an on-line bank account are similar to those which are available via 'phone banking or visiting the local branch. Online banking features do differ between the banks, but usually include: Transfer of funds between accounts; It brings efficiency in CRM(Customer relationship management) Make Payment of bills Introduces new & innovative products &services. View balance and statements.

Brings door to door services. Create, view and maintain Standing Orders Have evolutionary trend at a globle scenario. Customer can View Direct Debits.

Advantages of Internet Banking

Opening & closing of accountes Make the payments of merchandise transaction through Debit & Credit cards. It gives reliefs to their customer from carrying heavy cash. Enables prompt & speedy operation to clients. It saves lot of time to their customers &convenient to access.

Disadvantages of Internet Banking

Customer may have to face risky transaction & fraud. Failure of power supply cause to break down of system. Loss of heavy income at times of settlement of higher magnitude. Cost involved in trainning staff may not be profitable specially in times of attrition. Development of an attitude of lethargy.

CONCLUSION
Thus reaching to the conclusion of our project we observe that Traditional banks offer many services to their customers, including accepting customer money deposits, providing various banking services to customers, and making loans to individuals and companies. Compared with traditional channels of offering banking services through physical branches, e-banking uses the Internet to deliver traditional banking services to their customers, such as opening accounts, transferring funds, and electronic bill payment. E-banking can be offered in two main ways. First, an existing bank with physical offices can also establish an online site and offer e-banking services to its customers in addition to the regular channel. For example, Citibank is a leader in e-banking, offering walk-in, face-to-face banking at its branches throughout many parts of the world as well as e-banking services through

the World Wide Web. Generally, e-banking is provided without extra cost to customers. Customers are attracted by the convenience of e-banking through the Internet, and in turn, banks can operate more efficiently when customers perform transactions by themselves rather than going to a branch and dealing with a branch representative. E-banking services are delivered to customers through the Internet and the web using Hypertext Markup Language (HTML). In order to use e-banking services, customers need Internet access and web browser software. Multimedia information in HTML format from online banks can be displayed in web browsers. The heart of the e-banking application is the computer system, which includes web servers, database management systems, and web application programs that can generate dynamic HTML pages. One of the main concerns of e-banking is security. Without great confidence in security, customers are unwilling to use a public network, such as the Internet, to view their financial information online and conduct financial transactions. Some of the security threats include invasion of individuals' privacy and theft of confidential information. On October 1, 2000, the electronic signatures bill took effect, recognizing documents signed online as legal. Some banks plan to begin using electronic checks as soon as they can work out various security measures. The range of e-banking services is likely to increase in the future. Some banks plan to introduce electronic money and electronic checks. Electronic money can be stored in computers or smart cards and consumers can use the electronic money to purchase small value items over the Internet.