DESIGN AND COMPUTERIZATION OF AN ELECTRONIC FUND TRANSFER SYSTEM
ABSTRACT
Simulation As Scientific process involves careful design and computerization of an electronic fund transfer system analysis and initiation of the real life event using an electronic device especially computer system and networking.
The feature grasps the utilization of these processes and transforms the stable system into acceptable or efficacisionus one. After having viewed the constraints in series of activities in the banking sector in series of activities in the banking sector in the country. An attempt was made regarding the utilization of the works computer system and network connection does. Understanding this concept an earlier attempt recalls the designing a new system that can resituate banks workers from the slumber working equipment (manual system).
Realizing this in the First Bank Nigeria Plc for analysizing an old system of money transfer forming electronic found transfer.
This exclude s special software that is unbreakable in feature that can run the organizational found transferring system.
However, in the security system, the program contains more security features that enable bank workers to determine the owner of the found transferred. Having seen nd observed this system towards developing safer and easier method of fund transfer yield more effort and zeal in to the analysis of this system to sound off our academic pursuit in institute of management and Technology. Perhaps this calls for implementation.
ORGANIZATION OF WORK
This work is divided into two parts: the first part is the preliminaries while the second part is the main body. The pre;iminary part com[pries the title page, the approval a page,the approval page dedication , acknowledgement table of figures, table of contents and the abstract. Then the bibliorgraphy and appendices were after chapter seven chapters. Chapter one outlined the problem definition, th purpose of the study, what the work is among at, the scope constraints and assumptions.
Chapter two review the related literature chapter three described and analyzed the existing system which specified the fact finding method used the organizational structure, the objective of the existing system, the input process and output analysis, the information flow diagram, problem of the existing system and justification the new system.
Chapter four described the design of the new system, and highlighted the output/input specification and design file design, procedure chart and system requirement.
Chapter five is the implementation of the designed system, having the program design and flow chart with it pseudocodes, sources program and text run.
Chapter six is documentation i.e user’s manual.
Chapter seven gave recommendation and concludes the work.
TABLE OF CONSTANTS
Title page
Abstract
Table of contents
Organization
CHAPTER ONE
1.0 Introduction
1.1 statement of the problem
1.2 Purpose of the study
1.3 Aims and objectives
1.4 Project scope
1.5 Limitation and constants
1.6 Assumption
1.7 Definition of terms
CHAPTER TWO
2.0 literature review
CHAPTER THREE
3.0 description and analysis of the existing system
3.1 Facts findings method used
3.2 Objective of the system
3.3 Input, process and output analysis
3.4 Information flow diagram
3.5 Problem of the existing system
3.6 Justification of the new system.
3.7 Reference to written document
3.8 Organizational structure
CHAPTER FOUR
4.0 Design of the new system
4.1 Out put/input specification and design
4.2 Output specification and design
4.3 File description
4.4 Procedure flowchart
4.5 System requirement
4.6 Pc’s hardware requirement
4.7 Software requirement
4.8 Operating environment
CHAPTER FIVE
5.0 Implementation
5.1 Program design
5.2 Program flowchart
5.3 Pseudocode
5.4 Sources program
5.5 Test run
CHAPTER SIX
6.0 Documentation
CHAPTER SEVEN
7.0 Recommendation and conclusion
7.1 Conclusion
7.2 References
CHAPTER ONE
INTRODUCTION
Electronic found transfer system is an organized process of transferring fund through electronic means by the use of computer where debits and credits are made into ones account.
First Bank Nigeria Plc, is one of the commercial Banks which has ventured into EFT. The system allows a customers account to be credited electronically with 24 hours any where in Nigeria, it transferring fund when compared with the traditional means such as mail transfer and telegraphic transfer. It is mere secure and time is saved when money is transferred through EFT. Such money (fund) is transferred electronically by the bank through their accredited branches or Agents.
Somebody in one of the states of a particular country who wishes to release found to a client residing in other part to different state of the some country will go to the nearest bank i.e. . First Bank that does the fund transfer system and makes his/her deposit. It is available for payment within munutes from any part of the country. If one is to end fund through the system (in the event of its being introduced) as soon as the fund transfer control number (F.T.C.N) is displayed on the screen. This is an indication that the fund is noe available for collection.
FEATURES
The system is designed to handle the needs of fund transfer customers and agent in on efficient and user friendly manner. Both new and experienced can use this work, it documents the software works following the flow of transaction as they usually occur. The money link system provides frameworks within various relationships among states operating it.
