ABSTRACT
This study investiges about UNB Plc, is a bank which deals with customers account both current, saving, deposit loan etc. the above mentioned processes and activities are not only time consuming but also stressful where done manually. The complexity and strain processes involved. The work will give birth to a computerized real time current account transaction processing system. This will facilitates storage of customers information as well as withdrawal of money from other branches without problems or delay. It will also provide a secured customer account filling system. It will generally facilitates processing in the bank.
ORGANISATION OF THE WORK
CHAPTER ONE: This chapter highlights aims and objectives of the study, the nature, its limitation and delimitation, etc.
CHAPTER TWO: This deals with the available literature as it is related to the project in question
CHAPTER THREE: This chapter analyses the existing system with regards to the case study
CHAPTER FOUR: It deals with the design of the new of the new system taken into consideration of old system.
CHAPTER FIVE: This section undertakes the implementation of the new system.
CHAPTER SIX: This deals with documentation of the implementation procedures of the old system
CHAPTER SEVEN: This deals with the recommendation for the running of the newly implemented system and conclusion.
TABLE OF CONTENTS
Title page i
Certification ii
Dedication iii
Acknowledgement iv
Abstract v
Organization of work vi
Table of contents vii
CHAPTER ONE
- Introduction
1
- Statement of the problem 5
- Purpose of study 6
- Aims of study 8
- The delimitations 9
- Limitations 10
- Assumptions 11
- Definition 11
CHAPTER TWO
- Literature review 14
CHAPTER THREE
- Description
and analysis of the existing system 28
- Fact finding methods used 28
- Organization structure
- Objectives of the existing system 36
- Information flow diagram 40
- Problem of existing system 41
- Justification of the new system 42
CHAPTER FOUR
- Design
of the new system 43
- Output design and specification 45
- Input design and specification 46
- File design 49
- System flowchart 50
CHAPTER FIVE
- Implementation
53
- Program design 54
- Problem flowchart
- Program design 55
CHAPTER SIX
- Documentation 59
- User documentation 60
CHAPTER SEVEN
- Conclusion
and recommendation 62
- Recommendation 64
- Suggestion for future research 66
References 67
CHAPTER ONE
- INTRODUCTION
In the twentieth century, the banking word has seen a continuing process towards fully computerized operations. At the start of the century there were few mechanical aids with all ledgers, passbook and account statement being written by hand. By 1920s the banks had graduated to mechanical accounting combined with an increase in business, this trend towards mechanization was continuous process, the staffing and expansion difficulties were tackled more forcibly on the 1950 with assistance from electronic data processing techniques. It was on the period that banks ordered their first computers.
The early installations were of a both processing nature of data that had reports produced. Throughout the 1960s more of the clerical work was computerized and eventually by the end of 1960s all accounts were computerized.
In the middle of 1960s the utilization of branch of terminal equipment which linked to computer center wee becoming a feasible position. This culimated in the early 1970s with the introduction of sophisticated real time system in current account transaction department.
This project aim is to produce an indigenous software package which will be used to improve the efficiency of CURRENT ACCOUNT TRANSACTION PROCESSING SYSTEM. For Nigeria banking industry. Although banks have develop packages, however, because of the following reasons they have failed to meet the need of the Nigeria banking industry. Firstly, guidelines and policies for banks in Nigeria are controlled by central bank of which they realize annually thereby resulting in unsteady policies as a result: there is no standard whatsoever set for the banking industry thus banking policies are flexible.
Most of these banks use packages without modification hence the result is not what they desire. The modification of these packages to sure the Nigeria banking industry will cost expenditure to be wasted.
Efficiency in the banks has always been the foundation underline the effectiveness of banks operation. Quick and accurate settlement of customers withdrawals, for depositing system and procedures and the over acknowledge information process with which customers usually regard are also problems which computerized current transaction process wishes to address by introducing Nigeria software packages.
This package will help Nigerian banks to obtain the efficiency in the current accounting transaction hence draw the customers and more money. It is menu drivers and features top-down and structured programming techniques.
Real mode of operation provides an instanteous transaction and processing of data, which gives immediate availability of result for decision making it has improved the efficiency of banks by:
- Customers: henceforth spent much less time in collecting their money
- There were soldom any mistakes because computer handled almost pick it
- There was customers satisfaction and bank record substantial increase in their profits.
1.1 STATEMENT OF THE PROBLEM
There are many methods that are being used in current account transaction processing system unfortunately, these methods are not always real in practices, these methods are no to the day society. Even when they are real, they are not as efficient as expected. Some of the problems encountered by UBN are:
Lack of computer for storage, there is tendency of the UBN to loose customers file which will bring distrust to them.
Due to lack of computer accesing the file, there is tendency for them to be shown in retrieval of customers files, and updating of files
Customers spend much time due to the delay of the bank.
Once there is not computer for calculation, there is tendency for their calculation to be inaccurate.
However, the researcher shall by the end of this work provide a suitable solution to these pressing problems of current account transaction processing system.