INTERCOMMUNICATION SYSTEM IN BANKING OPERATION
USER'S INSTRUCTIONS: The project work you are about to view is on "intercommunication system in banking operation". Please, sit back and study the below research material carefully. This project topic"intercommunication system in banking operation"have complete 5(five) Chapters. The complete Project Material/writeup include: Abstract + Introduction + etc + Literature Review + methodology + etc + Conclusion + Recommendation + References/Bibliography.Our aim of providing this"intercommunication system in banking operation" project research material is to reduce the stress of moving from one school library to another all in the name of searching for"intercommunication system in banking operation"research materials. We are not encouraging any form of plagiarism. This service is legal because, all institutions permit their students to read previous projects, books, articles or papers while developing their own works.
TITLE PAGE
BY
---
--/H2013/01430
DEPARTMENT OF ----
SCHOOL OF ---
INSTITUTE OF ---
APPROVAL PAGE
This is to certify that the research work,"intercommunication system in banking operation"by ---, Reg. No. --/H2007/01430 submitted in partial fulfillment of the requirement award of a Higher National Diploma on --- has been approved.
By
--- . ---
Supervisor Head of Department.
Signature………………. Signature……………….
……………………………….
---
External Invigilator
DEDICATION
This project is dedicated to Almighty God for his protection, kindness, strength over my life throughout the period and also to my --- for his financial support and moral care towards me.Also to my mentor --- for her academic advice she often gives to me. May Almighty God shield them from the peril of this world and bless their entire endeavour Amen.
ACKNOWLEDGEMENT
The successful completion of this project work could not have been a reality without the encouragement of my --- and other people. My immensely appreciation goes to my humble and able supervisor mr. --- for his kindness in supervising this project.
My warmest gratitude goes to my parents for their moral, spiritual and financial support throughout my study in this institution.
My appreciation goes to some of my lecturers among whom are Mr. ---, and Dr. ---. I also recognize the support of some of the staff of --- among whom are: The General Manager, Deputy General manager, the internal Auditor Mr. --- and the ---. Finally, my appreciation goes to my elder sister ---, my lovely friends mercy ---, ---, --- and many others who were quite helpful.
PROJECT DESCRIPTION: This work"intercommunication system in banking operation"research material is a complete and well researched project material strictly for academic purposes, which has been approved by different Lecturers from different higher institutions. We made Preliminary pages, Abstract and Chapter one of"intercommunication system in banking operation"is to be ordered for. Happy viewing!!!
TABLE OF CONTENT
- INTRODUCTION
- AIM OF THE STUDY
- OBJECTIVES OF THE STUDY .
- STATEMENT OF PROBLEM.
- SIGNIFICANT OF STUDY
- SCOPE OF THE STUDY
- ORGANISATION OF THE REPORT
- TECHNICAL TERMS OF THE STUDY STANDARD ACTIVITIES
CHAPTER TWO
2.0 LITERATURE REVIEW
2.1 BASIC CONCEPTS IN BANKING OPERATION
2.2 IMPORTANCE OF INTERCOMMUNICATION SYSTEM
2.3 COMPUTER IN INTERCOMMUNICATION SYSTEM
2.4 LITERATURE REVIEW
CHAPTER THREE
METHODOLOGY
3.0 SYSTEM ANALYSIS AND DESIGN
3.1 RESEARCH METHODOLOGY
3.2 METHOD OF DATA COLLECTION
3.3 ANALYSIS OF THE EXISTING SYSTEM
3.4 PROBLEMS OF THE EXISTING SYSTEM
3.5 DESCRIPTION OF THE PROPOSED SYSTEM
3.6 ADVANTAGES OF THE PROPOSED SYSTEM
3.7 DESIGN AND IMPLEMENTATION METHODOLOG
CHAPTER FOUR
4.0 DESIGN, IMPLEMENTATION AND DOCUMENTATION TO THE SYSTEM
4.1 DESIGN OF THE SYSTEM
4.2 
Surname
4.3 DOCUMENTATION OF THE SYSTEM
CHAPTER FIVE
5.0 SUMMARY CONCLUSION AND RECOMMENDATION
5.1 SUMMARY
5.2 EXPERIENCED GAINED
5.3 CONCLUSION
5.4. RECOMMENDATION
CHAPTER ONE
1.0 INTRODUCTION
Communication is the transfer of information from one person known as the sender to another person, known as the receiver. The role of communication in human life cannot be over emphasized. A result of this, there is a need for computer to be used as a mean of recording system in the bank; this gave rise to “intercommunication system in banking operation”.
Intercommunication system in banking operation can be defined as the process of carrying out the basic activities in a bank in order to perform the desire function.
This project describes the possibility of the operations of the united bank for Africa (UBA) with the use of forms and frames to accept data and save it into the database. It also describes the operation of banks which include keeping of account for their customer.
Having considered some of the operations of this bank. This project helped to perform the basic operation of the banks and provides facility by which all the bank activity can be accessed through the same database.
Through information and communication technology (ICT) service available to united bank for Africa (UBA) Ilorin, it can now give its customers a unified access to manage their personal financial information. The adoption of information and communication technology (ICT) by this bank has increased its operational efficiencies, reduced cost through high utilization rate in ICT environment to ensure compliance with changing time and to gain competitive advantage. Method of handing financial services has to change from old manual transactions and data processing to a faster, more effective and highly efficient electronic data processing and electronic fund transfer (EFT) i.e. deposits withdrawals, bills-pay-in, purchases of draft, valve for cheque, third-part transactions, fund transfer and inquiries are all done electronically within seconds. The adoption of information and communication technology (ICT) has also helped some other standard banks in Nigeria to keep the peace with the changing customer.
The complex nature of the banking system, its products and services have made it necessary for banks to embrace changing as quick as possible since this medium of banking has proven to be very efficient in most countries of the world (for example American) and Nigerian is no exception.
This research work is therefore on attempt to determine the intercommunication system in banking operations on Nigeria banks.
1.1 AIM OF THE STUDY
Intercommunication system in banking operation drives development and modernization of our payment system and other transaction on line, to improve effectiveness of monetary policy in managing inflation and economic growth.
1.2 OBJECTIVES OF THE STUDY
- To reduce long queue in accessing customer records.
- To support good customer relation.
- Data storage is centralized updates to that data are far easier to administer.
- Ability to know the number of customers patronizing the bank.
- Ability to eradicate the stress passed through by the staffs.
- Ability to update and access staff details whenever it is needed.
- STATEMENT OF PROBLEM.
- LIMITED ACCESS
It may result from a lack of connections to company’s intranet, ignorance of user names for the accounting system, or restrictions on certain files or other document which are stored electronically.
ii. SECURITY ISSUES
Computer security is a common issue when conducting operation with computer. Computer can ruin files or have incompatibility problems; the loss of a laptop can result in a client’s information being available for compromise.
- MANUAL SYSTEMS
Not all business has computerized accounting systems in place for their financial operations. This can result in computers being somewhat worthless during auditing process. Auditor may need to conduce manual calculations and then enter the data into the computer; increasing time spent on the calculations.
1.4 SIGNIFICANT OF STUDY.
Intercommunication system in the banking sector have enhanced customer service and productivity regarding account management, while stream living back office activities. The biggest impact is in the area of competition. Small banking institutions can access the same technology as large banking institutions and therefore, can complete with them more effectively for business.
- SCOPE OF THE STUDY
This research work is limited to the basic operation of the United Bank for Africa (UBA), but it does not made any reference to the rate at which the bank give interest on certain amount of money deposited into their bank at a particular point in time due to the fact that the bank did not give raw fact on this area. It is also restricted to savings and fixed account operations.
1.6 ORGANISATION OF THE REPORT
This project is divided into five distinct chapters. chapter one describe the introduction, aim and objectives, significance of the study, problem of the study, scope and limitation, the organization of the report as well as the definition of technical terms.
The second chapter talks about the basic concept of banking operation, importance of intercommunication system in banking operation, computer in intercommunication system, appraisal of literature review.
The third chapter deals with the method of data collection, analysis of data and the existing system, description the proposed system and the advantages of the propose system.
The second of the last chapter deals with the design of the system which entails the output, input, database and procedure design of the system, the implementation of the system, the implementation comprises of the hardware and software support and the documentation, operating the system which comprises of program documentation, operating tye system, maintaining the system.
The last chapter deals with the summary, experience gained, conclusion and recommendation.
1.7 TECHNICAL TERMS OF THE STUDY STANDARD ACTIVITIES
Banks act as payment agent by conducting checking or current accounts for customers paying cheques drawn by customers on the bank, and collecting deposited to customer’s current accounts. Banks also enable customer payments via other payment methods such as automated clearing house (ACH), wire transfer or telegraphic transfer and automated teller machine (ATM).
Banks can create new money when they make a loan. New loans throughout the banking system generate new deposits elsewhere in the system. The money supply is usually increased by the act of lending and reduced when loans are repaid faster than new ones are generated.
Banks provide different payment services, an a bank account is considered indispensable by most businesses and individuals. Non-banks that provide payment services such as remittance companies are normally not considered as an adequate substitute for a bank account.
CHANNELS
Banks offer many different channels to access their banking and other services:
Automated teller machines
A branch is a retail location
Call center
Mail: most banks accept cheque deposit via mail and use mail to communicate to their customer e.g. by sending out statements.
Mobile banking is a method of using one’s mobile phone to conduct banking transactions.
Online banking is a term used for performing multiple transactions, payment e.t.c over the internet.
CHAPTER FIVE
5.0 SUMMARY CONCLUSION AND RECOMMENDATION
5.1 SUMMARY
In summary, this study has been able to highlight the problem faced by the existing banking method in UBA and tend to provide a better, accurate, less error-prone and as well not time consuming.
This new system has been designed to help the operations of United Bank for Africa (UBA) Ilorin in accessing customers’ records easily without going through any difficulties about how to get information of the customers in little time. It has also given the staff exposure working with an online information processing system which will make their operations more accurate and effective.
The proposed system also endeavors to help in reducing the cost of fraudulent acts of ATM’s of this present day situation.
5.2 EXPERIENCED GAINED
During this research in the area of Visual Basic programming, database programming with the use of Microsoft access and ability on how to make internet research to get data is required.
- CONCLUSION
Conclusively, the importance of this new system to United Bank for Africa, Ilorin cannot be over emphasized. The new system has carefully worked in a more advantageous ways in which getting information about customers can easily be known with less stress, thereby eliminating the problems encountered during the manual operations.
Also, the operation and network system could be handled by other financial institutions within and outside the country for their basic operations.
- RECOMMENDATION
After thorough investigation of the manual method of operation used in accessing customers’ record in United Bank for Africa Ilorin, it is highly beneficial that the proposed system be issued to other branches of United Bank for Africa (UBA) nationwide for the following reasons:
- Its high degree of accuracy
- Its high speed and its ability to store retrieve and retain large amount of information.
- Its ability to access customers’ record, deposit and withdraw, thereby having a detailed history of all the customers.
Additionally, it is recommended to upcoming programmers as well as system analyst for future amendment which might tend to be needed in the running of this system.
CHAPTER TWO: The chapter one of this work has been displayed above. The complete chapter two of"intercommunication system in banking operation"is also available. Order full work to download. Chapter two of"intercommunication system in banking operation"consists of the literature review. In this chapter all the related work on"intercommunication system in banking operation"was reviewed.
CHAPTER THREE: The complete chapter three of"intercommunication system in banking operation"is available. Order full work to download. Chapter three of"intercommunication system in banking operation"consists of the methodology. In this chapter all the method used in carrying out this work was discussed.
CHAPTER FOUR: The complete chapter four of"intercommunication system in banking operation"is available. Order full work to download. Chapter four of"intercommunication system in banking operation" consists of all the test conducted during the work and the result gotten after the whole work
CHAPTER FIVE: The complete chapter five of"intercommunication system in banking operation" is available. Order full work to download. Chapter five of"intercommunication system in banking operation" consist of conclusion, recommendation and references.
To "DOWNLOAD" the complete material on this particular topic above click "HERE"
Do you want our Bank Accounts? please click HERE
To view other related topics click HERE
To "SUMMIT" new topic(s), develop a new topic OR you did not see your topic on our site but want to confirm the availiability of your topic click HERE
Do you want us to research your new topic? if yes, click "HERE"
Do you have any question concerning our post/services? click HERE for answers to your questions
For more information contact us through any of the following means:
Mobile No 
:+2348146561114 or +2347015391124 [Mr. Innocent]
Email address 
:engr4project@gmail.com
Watsapp No 
:+2348146561114
COUNTRIES THAT FOUND OUR SERVICES USEFUL
Australia, Botswana, Canada, Europe, Ghana, Ireland, India, Kenya, Liberia, Malaysia, Namibia, New Zealand, Nigeria, Pakistan, Philippines, Singapore, Sierra Leone, South Africa, Uganda, United States, United Kindom, Zambia, Zimbabwe, etc
Support: +234 8146561114 or +2347015391124
Watsapp No :+2348146561114
Email Address :engr4project@gmail.com
FOLLOW / VISIT US VIA:
