Chapter Six: this deals with the documentation of the implementation procedures of the old system. Chapter Four: It deals with the design of the new system taken into consideration of the old system Chapter Five: This section undertakes the implementation of the new system. Chapter Three: This chapter analyses the existing system with regard to the case study. Chapter two: This deals with the available literature as it is related to the project in question. (iii) There was customer’s satisfaction and bank recorded substantial increase in their profits.Ĭhapter One: This chapter highlights aims and objectives of the study, the nature, its limitation and delimitation, etc. If there is any mistake, the computer can always easily pick it. (ii) There were seldom any mistakes because computer handled almost all operations. (i) Customers henceforth spent much less time in collecting their money. It has improved the efficiency of banks by: Real mode of operation provides an instantaneous transaction and processing of data, which gives immediate availability of result for decision-making. It is menu driven and features top-down and structured programming techniques. This package will help Nigerian banks to obtain the efficiency in their current accounting transaction hence draw more customers and more money. Quick and accurate settlement of customers withdrawals, fast depositing system and procedures and the over acknowledged information process with which customers usually regard are also problems which computerized current transaction processes wishes to address by introducing Nigeria software packages. Efficiency in the banks has always been the foundation underlining the effectiveness of banks operation. The modification of these packages to suit the Nigeria Banking Industry will cost expenditure to be wasted. Most of these banks use packages without modification hence the result is not what they desire. Firstly, guidelines and policies for banks in Nigeria are controlled by central banks of which they revise annually thereby resulting in unsteady policies as a result there is no standard whatsoever set for the banking industry thus banking policies are flexible. Although banks have developed packages, however, because of the following reasons they have failed to meet the need of the Nigerian Banking Industry. This project aim is to produce an indigenous software package, which will be used to improve the efficiency of the CURRENT ACCOUTN TRANSACTION PROCESSING SYSTEM for Nigeria Banking Industry. This culminated in the early 1970s with the introduction of a sophisticated real time system in current Account Transaction Department. In the middle of 1960s the utilization of branch terminal equipment which linked directly to computer centre was becoming a feasible proposition. Throughout the 1960s more of the clerical work was computerized and eventually by the end of 1960s all accounts were computerized. The early installations were of a batch processing nature of data that had to be sent for processing at the computer centre and reports produced. It was on the period that banks ordered their first computers. 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. At the start of the century there were few mechanical aids with all ledgers, passbook and account statements being written by hand. In the twentieth Century, the banking world has seen a continuing process towards fully computerized operations. It will generally facilitate transaction processing in the bank. It will also provide a secured customer account filling system. This will facilitate storage of customers’ information as well as withdrawal of money from other branches without problems or delay. The work will give birth to a computerized real time current account transaction processing system. The complexity and strain processes involved. The above-mentioned processes and activities are not only time consuming but also stressful when done manually. is a bank which deals with customers account both current, savings, deposit loan etc.
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