In this use case the basic flow of events consists of the following: (1) the use case begins when bank customer inserts their bank card; (2) Use Case: Validate User is performed; (3) The ATM displays the different alternatives that are available on this unit. In this case the Bank Customer always selects “Withdraw Cash”; (4) the ATM prompts for an account; (5) the bank customer selects an account; (6) the ATM prompts for an amount: (7) the bank customer enters an amount;(8) card id, pin, amount and account is sent to Bank as a transaction. The Bank Consortium replies with a go/no go reply telling if the transaction is ok; (9) then money is dispensed; (10) the bank card is returned; (11) the receipt is printed; and finally (12) the use case ends successfully.…
When a customer inserts their ATM card into the card reader of the ATM machine, a session will started to read customer card. If it can’t read the card due numerous reasons, then the system will eject the card and error message will display on screen. If the system successful read the card, it will ask the customer to enter his/her PIN, if the pin match with server database a system main menu will display. The main menu consists of multiple types of transaction such as withdrawal, deposit, transfer, or account balance. In an event of invalid pin was entering, system will ask customer to try again. It will allow customer three times to enter the right pin. If customer did not enter the correct pin for the fourth times, a screen will display to ask customer to talk to bank representative. The system will keep customer ATM card. Otherwise when the customer is through with his/her transactions, the card is ejected from the machine and session ends.…
The task of these machines is to learn what each customer wants to do with their money and, to the extent that it is possible, act on what the customer wants (for example, ATMs can hand out cash). Customers can always know how much money they have in their accounts, and they are confident that the numbers they see in their bank statements and on their computer screens accurately reflect the number of dollars that they can get from the bank on demand. They can be so sure of this that they can accept those numbers in the same way they accept paper banknotes (this is similar to the way people started accepting paper dollars when they had been accepting gold or…
An automated teller machine (ATM), also known as a automated banking machine (ABM) or Cash Machine and by several other names (see below), is a computerised telecommunications device that provides the clients of a financial institution with access to financial transactions in a public space without the need for a cashier, human clerk or bank teller. On most modern ATMs, the customer is identified by inserting a plastic ATM card with a magnetic stripe or a plastic smart card with a chip, that contains a unique card number and some security information such as an expiration date or CVVC (CVV). Authentication is provided by the customer entering a personal identification number (PIN). Using an ATM, customers can access their bank accounts in order to make cash withdrawals, credit card cash advances, and check their account balances as well as purchase prepaid cellphone credit. If the currency being withdrawn from the ATM is different from that which the bank account is denominated in (e.g.: Withdrawing Japanese Yen from a bank account containing US Dollars), the money will be converted at a wholesale exchange rate. Thus, ATMs often provide the best possible exchange rate for foreign travelers[1] and are heavily used for this purpose as well. ATMs are known by various other names including automatic banking machine (or automated banking machine particularly in the United States) (ABM), automated transaction machine,[2] cashpoint (particularly in the United Kingdom, where it is a trademark of Lloyds TSB), money machine, bank machine, cash machine, hole-in-the-wall, autoteller (after the Bank of Scotland's usage), cashline machine (after the Royal Bank of Scotland's usage), MAC Machine (in the Pittsburgh and Philadelphia areas), Pass Machine in Ireland, Bankomat (in various countries particularly in Europe and including Russia), Multibanco (after a registered trade mark, in Portugal), Minibank in Norway, Geld…
The major banks of Nepal have now implemented new technology to render service to their client. The technologies they are using are ATMs on major cities, online banking system, and mobile banking system. The use of ATM allows clients to access their cash any time when they are in need of it. Moreover, the implementation of online and mobile banking allows flexibility and comfort to the client to track their savings and spending and also provide the facility of online purchase and payments. By the use this types of information and communication technology has helped to grow the benefits of the institution and simplify the daily operation of the organization.…
Most of the ATMs have the problem of long queue of customers to undergo simple transaction at the peak hours and remain idle due to the lack of customer entry at the off peak hours.…
For external, the services the banks provide such as the automated teller machine (ATM) and internet banking have changed the scene of the business environment. From traditional walk in branches, customers of banks can now utilise its services 24 hours a day and 7 days a week, no longer restricted to the geographical location and opening hours of a bank's…
We apply the guidelines discussed in Section 8.19 and Section 10.9 to code these classes…
Summary: This use case narrates the steps to acquire a new ATM account in service…
ATM cards are slowly being transformed into value-added debit cards. Bankers and analysts see tremendous scope for growth in debit cards. "There is tremendous potential for debit cards. It will soon be substituting cheques. Utility payments will soon be made through debit cards, either at the ATMs or at the counters. The debit card can be used to withdraw cash from ATMs of other banks depending on whether the debit card-maker has a Visa or a Maestro tie-up. Visa and MasterCard both confirmed yesterday that they had been notified of the breach and had in turn…
In view of the high cost of ATM machines and RBI's guidelines for expansion of ATMs, the concept of Brown Label ATM network is likely to expand at a brisk pace in next few years. In the recent years, there is a visible shift in the way banks look at the ATM business. From the earlier model where banks used to buy outright the ATM machines and bear the cost of service, they are now preferring brown label ATMS i.e. where the machine and service is outsourced. There are indications that as many as 50% may soon be under this category.…
An automated teller machine (ATM), also known as a Cash Point, Cash Machine or sometimes a Hole in the Wall in British English, is a computerised telecommunications device that provides the clients of a financial institution with access to financial transactions in a public space without the need for a cashier, human clerk or bank teller. ATMs are known by various other names including automatic banking machine, cash machine, and various regional variants derived from trademarks on ATM systems held by particular banks.…
Banks are experimenting with ATMs that allow pre-staged withdrawals using smartphones, cardless transactions and live video chat with employees even after working hours and other features for the convenience of customers.…
ATMs (Automated Teller Machines) are one of the most commonly used technologies in today’s world. They are special machines that make banking easier all over the world. The banks issue special cards that the customers can use in these machines for withdrawing cash, checking their balance and several other purposes.…
1) What are the key roles of a financial centre and to what extent is London a…