The project title is “Multi Banking System” the system interface is targeted to the future banking solution for the users who is having multiple bank accounts in multiple banks. This interface integrates all existing banks and provides business solutions for both retail and corporate. Multi-bank system is an innovative web application. The main focus of the application is maintaining multiple bank accounts a user has. A person can have bank account in any number of banks. But it’s hard to remember every bank logins. So we have developed a web application where a person can handle all his bank accounts in a secure manner.
Existing Solution:
In existing system, the users need to log in to different online bank accounts to perform transactions. The process should be requiring many security issues. The net banking process can take more time. The online net banking process can allowed to sending transactions only bank timings.
Disadvantage
- It does not provide transactions from one bank to another bank.
- In this system separate account for each bank.
- To send transactions only within bank timings.
- Enormous amount of time consumption for recording all transaction.
Proposed System:
In proposed system can introduced multibank system. These application users can save their time and use all features that are available in the every bank. Transaction calculations and updating are maintained by admin and provide customer support for users. This system will act like a mediator between banks and users. Users can maintain single username and password and contact only one customer care service for any problems.
Advantage
- It provides transactions from one bank to another bank.
- It provides Single account from all banks.
- In this system to provide response for the queries related to the customers.
- In this system any time transactions through website.
- Efficient use of assets.
