E-Banking
Business Requirements Specifications v1.0
Version Start Modified
Document Name Number Date Prepared By Reviewed By Date Present Status
BRS-RanforBank/Rel1.0 1.0 05/07/12 Alfred Appaji Venkatadri Naidu Completed
BRS-RanforBank/Rel1.1 1.1 21/07/12 Samuel Titus Venkatadri Naidu In Process
BRS-RanforBank/Rel1.2 1.2 13/04/14 Santhosh In process
Introduction:
RANFORD Bank UK is a full service bank offering retail and
corporate and investment banking services in the UK and Europe. The Bank
delivers its products and services through five branches located in the UK
and one branch in Antwerp, Belgium as well as through Internet and
telephonebanking.
The Bank was incorporated in England and Wales on 11
February 2003 as a private company with the name RANFORD Bank UK Ltd.
and on 30 October 2006 converted to being a public limited company. The
Bank's registered office is 21 Knightsbridge, London SW1X 7LY. The Bank is
regulated by the Financial Services Authority (the FSA) and is a member of
the Financial Services Compensation Scheme established under the Financial
Services and Markets Act 2000. The Bank has a long-term foreign currency
credit rating of Baa1 from Moody's, which is one notch higher than the UK
sovereignrating.
About Ranford Bank
As at 30 September 2006, the Parent is UK's largest bank in
the private sector with total consolidated assets of approximately US$ 61.5
billion and is the second largest company in UK including all public and
private enterprises. The Parent and its subsidiaries offer not only
comprehensive banking services in UK, but also life insurance, general
insurance, asset management, investment banking and private
equity/venture capital. The Parent has a presence, through its subsidiaries,
branches and representative offices, in 16 countries in North America, the
UK and Continental Europe, the Middle East, South Africa, South Asia and
HongKong.
In 2000, the Parent was the first UK banking company and the
second bank from Asia to list on the New York Stock Exchange and currently
has a financial strength rating of C- from Moody's Investors Service Limited
(Moody's) and a long-term foreign currency credit rating of Baa2 from
Moody's and BB+ from Standard & Poor's.
RANFORD Bank is UK’s foremost Technology Bank and has
pioneered Internet Banking in UK.
Mindq Systems will design and develop the following key business
modules:
RANFORD Bank is a web based and offers a full service such as
personal, corporate and International Banking Services in the UK and
Europe. The Bank delivers its products and services through five branches
located in the UK and one branch in Antwerp, Belgium as well as through
Internet.
The system would involve the following modules Admin, Banker,
Personal, Corporate and International Banking Services But as part of the
first release we would only concentrate on the following features.
Admin Tasks, Banker Tasks and Customer Tasks for personal banking.
1. Admin
Admin Tasks:
This module allows admin to define and manage master data such as
Branches, Roles, Users and Employee of the Ranford Bank.
1.1 Branches
Branches Feature allows admin to define a new branch for Ranford
Bank and also he can modify or delete any Ranford Bank branches
1.2 Roles
Roles feature allows admin to define a “New Role” for Ranford Bank
and also he can modify or delete any Ranford Bank roles.
1.3 Users
Users feature allows admin to define a “New User” for any Ranford
Bank customers. He can modify or delete any user information.
1.4 Employees
Employees feature allows admin to define “New Employee” basic
information for any Ranford Bank branch. He can modify or delete any
employee information.
2. Banker
Banker’s Tasks
This module allows Bankers (or) Employee to define and manage
customers of his branch and also he can book receipts and payments.
2.1 Customer Registration
Customers feature allows Banker to define a “New Customer” for his
branch by filling registration form and sending it for the admin approval,
and also he can modify or delete or view any customer information.
Banker can create different Types of Customers like Individual
Customer, Corporate Customer and International (or) NRI Customer
2.2 Receipts
Receipts feature allows him to book different kind of deposits from a
customer such as cash deposits, cheque deposits, DD deposits and credit
card payments etc.,
2.3 Payments
Payment feature allows him to book different payments made to
customers such as Cash withdrawal, Cash withdrawal through DD, Cheques
etc.
3. Customer
Customer’s Tasks
3.1 Personal Banking
This Module allows the registered users to perform various activities
such as Accounts Summary, Money Transfer, Smart Money Order, Online bill
payments and Online request for cheque book etc.,
For present release only the mentioned key features only be
constructed and the remaining features would be included in the upcoming
releases.
3.1.1 Accounts Summary
This feature should enable the user to generate their account
summary reports, generating mini statements and detailed account
statement for the specified period.
3.1.2 Money Transfer
With Ranford, Transferring funds from your Ranford Bank
Account is very simple. There are various options provided online for
transferring funds.
Transferring Funds with in Ranford Bank
With Funds Transfer on Ranford Bank, you can forget about writing
out & sending cheques/ DD's or pay orders to the payee. Free yourself from
the worry of payment instruments getting lost/misplaced in transit. Transact
from the comfort of your home or office through Ranford Bank Internet
Banking.
Transferring Funds to Non Ranford bank
Transfer money to any Ranford Bank account, anywhere in UK.
Transfer money to specified non-Ranford Bank Accounts in over 100 cities
across UK. E-Cheques facility on [Link] is absolutely free of
charge.
3.1.3 Smart Money Order
Smart Money Order is a unique service that allows you to send a
money order anytime and to any destination in UK.
Sending a Smart Money Order is very simple. Just login to
[Link] and give the address of the person (receiver) and
amount of money to be sent. You can then sit back & relax while your near &
dear ones receive money conveniently at their door-step.
3.1.4 Bills Pay
Ranford Bank has tied up with major organizations across the
country to facilitate payment of bills for Utility Companies (E.g. Electricity
and Telephone) Bills, Ranford Bank credit card, Mobile Phone and Insurance
Premium bills.
To pay your bills, all you need to do is complete a simple one
time registration for each biller. You can also set up standing instructions
online to pay your recurring bills, automatically.
3.1.5 Request for Cheque Book
This feature allows the valid user to place an online check book
request.
4. High Level Business Requirements:
Access banking, 24 hours a day, 7 days a week from anywhere
in the world;
View balances of accounts and transaction history;
Transfer funds between own accounts;
Transfer funds to any other bank account
Ability to pay utility bills
Printout and export transaction history to own computer;
Request overseas payments (telegraphic transfers);
Send and receive messages to and from the Bank;
Security features which allow businesses to designate initiator users and
authorizer users.
5. High Level System Architecture
Login Process
Admin Banker Module Customer Module
Module
Branches Customer Accounts
Registration Summary
Roles Deposits Money
Transfers
Withdrawals Smart Money
Users Orders
Employees
Cheque Book
Request
Bills Pay
