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
CHAPTER THREE
- Description
and analysis of the existing system 28
- Fact
finding methods used 28
- 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
CHAPTER FIVE
CHAPTER SIX
CHAPTER SEVEN
- Conclusion
and recommendation 62
- 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.
DESIGN AND IMPLEMENTATION OF REAL TIME CURRENT ACCOUNT TRANSACTION PROCESSING SYSTEM A CASE STUDY OF UBN, GARDEN AVENUE ENUGU
