PRESENTATION BY:

SUNEELAH HASAN
HAMMAD AKHTER
WASIM ARIF
USMAN ALI
PRESENTED BY :
SUNEELAH HASAN
&
HAMMAD AKHTER
INTRODUCTION

 Online banking is also known as internet banking, e-banking , or virtual

banking.
 It is an electronic payment system that enables customers of a bank to
conduct a range of financial transactions.
 The online banking will typically connect or be a part of the core banking
system which is in contrast to branch banking.
REQUIREMENTS FOR ONLINE BANKING

 Internet access

 Registration with institution

 Authorized website

 User name and password

PROCEDURE OF ONLINE BANKING

Online banking investigates the entry threshold providing a new transaction

service channel for the use of normal users, Organizations and Academicians.

 Customer must have a valid user id and password to login to the system.

 If a wrong password is given in succession, that account will be locked and

the customer will not be able to use it.
 After the valid user logs in he is shown the list of accounts he has with the
bank.
 After the valid user logs in he is shown the list of accounts he has with the
bank.
 User can request for the details of the last ‘n’ number of transactions that he
has performed.
FEATURES

The key features are as follows :

 Balance and transaction history search

 E statements and statement preferences

 Order new statements

 Transfers

 Pay bills with BPAY

 Receive bills online with BPAY view

ADVANTAGES OF ONLINE BANKING

 Permanent access to the bank

 Lower Transaction Costs

 Access anywhere using mobile or computer

 Less time consuming

 Very safe and secure method

 Helps to transfer the money immediately and accurately

 Easy to use
ATM (AUTOMATED
TELLER MACHINE)

PRESENTED BY:
HAMMAD AKHTER
&
USMAN ALI
What is an ATM?

 An automated teller machine (ATM) is a computerized telecommunications

device that provides the customers of a financial institution or bank with
access to financial transactions in a public space without the need for a
human clerk or bank teller 24 hours a day.
 ATMs plays a vital role in facilitating the banking services to banks as well as
customers.
 ATM is the back bone of retail banking sector.

 The word "machine" in the term "ATM machine" is certainly redundant, but
widely used.
Functions of ATM
 The concept of ATM is 24× 7× 365.

 Flexibility of using ATM of other banks i.e. we can make transaction from any
ATM while our account not in same bank.
 Can recharge their mobile phone prepaid connection.
 Pay the bills.

 Money transfer from one account to another one.

 Check the balance of account at any time.
 Register their mobile number for account details.

 Deposit the cheques or cash in account.

 Change the PIN number.

 Purchasing items.
How to use an ATM?

 The customer is identified by inserting a plastic ATM card with a magnetic

stripe or a plastic smartcard with a chip that contains the unique card
number and security information.
 Security is provided by the customer entering a personal identification
number (PIN).
 Upon successful entry of the PIN, the customer may perform a transaction.

 The ATM calls up the bank's computers to verify the balance, dispenses the
cash and then transmits a completed transaction
 ADVANTAGES & DISADVANTAGES
ADVANTAGES:
 ATM supports voice, video and data
allowing multimedia and mixed
services over a single network.
 Provides the best multiple service
support
 Supports delay close to that of
dedicated services
 Able to use all common physical
transmission paths like SONET.
 Cable can be twisted-pair, coaxial or
fiber-optic
 Ability to connect LAN to WAN
 Legacy LAN emulation
 Efficient bandwidth use by statistical
multiplexing
 Higher aggregate bandwidth
 High speed Mbps and possibly Gbps
DISADVANTAGES:
 Flexible to efficiency’s expense, at
present, for any one application it
is usually possible to find a more
optimized technology
 Cost, although it will decrease with
time
 New customer premises hardware
and software are required
 Competition from other
technologies -100 Mbps FDDI, 100
Mbps Ethernet and fast Ethernet
 Presently the applications that can
benefit from ATM such as
multimedia are rare
 The wait, with all the promise of
ATM’s capabilities many details are
still in the standards process
 ACCOUNT
OPENING

PRESENTED BY:
USMAN ALI
&
WASIM ARIF
Approach To Bank Of Choice And Meet Its Banker

Approach A Convenient
Banker For
Information

Provide An Account Opening

Form(AOF)
Fill & Submission of Account Opening
Form
Provide Necessary Details

Provide Necessary
Documentation
 Give References
Reference Of The Prospective A/C
Holder By Any Of Existing A/C
Holder

 To Safeguard Interest Of Bank

 Verification Process

Completion Of AOP Form In

All Respect

Verification Of Documents
 Deposit Initial Amount to open account

Necessary Amount To Be
Deposited

Bank Provide Pass Book, Cheque

Book and Other Necessities
 Account Opening Form

•Title of Account
•Address
•Identity Card number
•Telephone number (Office and Residence)
•Introductory Reference (all above mentioned particulars of
introducer)
•Signatures of the applicant
•Amount deposited
•Check book series
•Attach a copy of National Identity Card
•Specimen Signature Card
Specimen Signature Card
Cheque Book Request Form
Who can be the Customer?

Should Be Of
Sound
Mind

Age Of
Majority

Not
Restricted By
Any Law
Documentation
 Individual Account

Valid CNIC
PASSPORT
Job card
source of income
AOF- Account Opening form
SSC- specimen signature card
 Company Account
Valid CNIC of director’s
Company Letter Head,
Partnership Deed
Memo
Article
AOP FORM
 SSC
 MINOR ACCOUNT

VALID CNIC OF Guardian’s

B Form
Birth Certificate
AOP FORM
SSC
Job card of guardians