Simulation As Scientific process
involves careful 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
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
Table of contents
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
1.7 Definition of terms
2.0 literature review
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
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
5.1 Program design
5.2 Program flowchart
5.4 Sources program
5.5 Test run
7.0 Recommendation and conclusion
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
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.
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.
1.1 STATEMENT OF PROBLEMS
Fund transfer is a job that
involves complex date and tedious calculation. Human beings what they
cannot carryout the activities of transferring fund automatically.
Manual transfer wastes to much times, it is generated very late, where
there are many customers to attend to, it takes weeks to prepare the
transfer which may effect the purpose of the transfer. Some are short
paid and thus makes the system unreliable. The use of files, papers and
file cabinet cost much and occupies much space. It also wastes a lot of
time during information retrieval.
1.2 PURPOSE OF THE STUDY
Generally the purpose of the
study s to find out a way towards enhancing better method which will be
geared towards alleviating the frustrations customers undergo in a bit
to collecting fund credited to their account.
This is because instead of
waiting for months, the entire transaction can be finished within
minutes. Also the offices in change of the fund transfer will gain from
this study because the problem they are facing have been detected and
solution recommended the new system will erase the burdens in collection
and processing storage of data and generation of report by the
management for decision making and perhaps for the development of the
1.3 AIMS AND OBJECTIVES
The aims and objective of
this system are to provide most Nigerians with a very fast convenient,
reliable and secure way of crediting to the accounts of their friends
Accurate and timely
information will be made available hence efficiency will be advanced.
Since customers can nearly be attended to without taking much of their
times, since the speed of operation will generally increase as the
computer on handle bilious of information items.
1.4 PROJECT SCOPE
The study id concerned with
the method of fund transfer. That is crediting fund from ones account in
one’s state to another account as another state all in the same