Banking Project Abstract Introduction:

RANFORD Bank UK is a full service bank offering retail and corporate and investment banking services in the UK and Europe. The Bank delivers its products and services through five branches located in the UK and one branch in Antwerp, Belgium as well as through Internet and telephone banking. The Bank was incorporated in England and Wales on 11 February 2003 as a private company with the name RANFORD Bank UK Ltd. and on 30 October 2006 converted to being a public limited company. The Bank's registered office is 21 Knightsbridge, London SW1X 7LY. The Bank is regulated by the Financial Services Authority (the FSA) and is a member of the Financial Services Compensation Scheme established under the Financial Services and Markets Act 2000. The Bank has a long-term foreign currency credit rating of Baa1 from Moody's, which is one notch higher than the UK sovereign rating. About Ranford Bank As at 30 September 2006, the Parent is UK's largest bank in the private sector with total consolidated assets of approximately US$ 61.5 billion and is the second largest company in UK including all public and private enterprises. The Parent and its subsidiaries offer not only comprehensive banking services in UK, but also life insurance, general insurance, asset management, investment banking and private equity/venture capital. The Parent has a presence, through its subsidiaries, branches and representative offices, in 16 countries in North America, the UK and Continental Europe, the Middle East, South Africa, South Asia and Hong Kong. In 2000, the Parent was the first UK banking company and the second bank from Asia to list on the New York Stock Exchange and currently has a financial strength rating of C- from Moody's Investors Service Limited (Moody's) and a long-term foreign currency credit rating of Baa2 from Moody's and BB+ from Standard & Poor's. RANFORD Bank is UK's foremost technology bank and has pioneered Internet banking in UK.

RANFORD Bank is a web based and offers a full service such as personal, corporate and International Banking Services in the UK and Europe. The Bank delivers its products and services through five branches located in the UK and one branch in Antwerp, Belgium as well as through Internet. The system would involve the following modules Admin, Banker, Personal, Corporate and International Banking Services But as part of the first release we would only concentrate on the following features. Admin Tasks, Banker Tasks and Customer Tasks for personal banking.

Admin Admin Tasks:

This module allows admin to define and manage master data such as Branches, Roles, Users and Employee of the Ranford Bank.

1.0 Branches:
Branches Feature allows admin to define a new branch for Ranford Bank and also he can modify or delete any Ranford Bank branches.

2.0 Roles
Roles feature allows admin to define a new role for Ranford Bank and also he can modify or delete any Ranford Bank roles.

3.0 Users:
Users feature allows admin to define a new user for any Ranford Bank customers. He can modify or delete any user information.

4.0 Employees:
Employees feature allows admin to define a new employee basic information for any Ranford Bank branch. He can modify or delete any employee information.

Banker Bankers Tasks

This module allows bankers to define and manage customers of his branch and also he can book receipts and payments.

5.0 Customers Registration

Customers feature allows him to define a new customer for his branch by filling registration form and sending it for the admin approval, and also he can modify or delete or view any customer information.

6.0 Receipts
Receipts feature allows him to book different kind of deposits from a customer such as cash deposits, cheque deposits, DD deposits and credit card payments etc.,

7.0 Payments
Payment feature allows him to book different payments made to customers such as Cash withdrawal, Cash withdrawal through cheques etc.

Customer Personal Banking Customers Tasks

This Module allows the registered users to perform various activities such as Accounts Summary, Money Transfer, Smart Money Order, Online bill payments and Online request for cheque book etc., For present release only the mentioned key features only be constructed and the remaining features would be included in the upcoming releases.

8.0 Accounts Summary: This feature should enable the user to generate their account summary reports, generating mini statements and detailed account statement for the specified period.

9.0 Money Transfer: With Ranford, Transferring funds from your Ranford Bank Account is very simple. There are various options provided online for transferring funds. With Funds Transfer on Ranford Bank, you can Forget about writing out & sending cheques/ DD's or pay orders to the payee. Free yourself from the worry of payment instruments getting lost/misplaced in transit. Transact from the comfort of your home or office through Ranford Bank Internet Banking. Transfer money to any Ranford Bank account, anywhere in UK. Transfer money to specified non-Ranford Bank Accounts in over 100 cities across UK. ECheques facility on RanfordBank.com is absolutely free of charge. 10.0 Smart Money Order: Smart Money Order is a unique service that allows you to send a money order anytime and to any destination in UK. Sending a Smart Money Order is very simple. Just login to RANFORDIBank.com and give the address of the person (receiver) and amount of money to be sent. You can then sit back & relax while your near & dear ones receive money conveniently at their door-step. 11.0 Bills Pay Ranford Bank has tied up with major organizations across the country to facilitate payment of bills for Utility Companies (Electricity and Telephone) Bills, Ranford Bank credit card, Mobile Phone and Insurance Premium bills. To pay your bills, all you need to do is complete a simple one time registration for each biller. You can also set up standing instructions online to pay your recurring bills, automatically. 12.0 Request for Cheque Book: This feature allows the valid user to place an online checkbook request.

High Level Business Requirements:

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Access banking, 24 hours a day, 7 days a week from anywhere in the world; View balances of accounts and transaction history; Transfer funds between own accounts; Transfer funds to any other bank account Ability to pay utility bills Printout and export transaction history to own computer;

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Request overseas payments (telegraphic transfers); Send and receive messages to and from the Bank;

Security features, which allow businesses to designate initiator users and authorizer users.

High Level System Architecture: Login Process

Admin Module

Banker Module

Customer Module

Branches

Customer Registration

Accounts Summary

Roles

Deposits

Money Transfers Smart Money Orders

Users

Withdrawals

Employees

Cheque Book Request