Usecase Diagram | System Design | Online Banking System

A use case diagram visually represents the system’s functionality through actors (users, administrators) and their interactions with the system. It showcases various use cases consisting of account creation, payment initiation, and also access to the transaction history.

In the above diagram:

  • To use the services provided by the bank, a customer must first create an account. For every new customer, the bank confirms the information and opens a new account. The online banking system’s Add Account capability is Use-Case, and each customer is an actor in the Use-Case Diagram.
  • Every customer has the ability to view their account balance and request an account transfer across different Bank offices. A cashier is a bank employee that assists with customer service.
  • Customers can carry out cash transactions in which they must either take cash from their account or add cash value to their bank account. To properly complete one or more transactions, one of the two—credit or debit cash—or both may be used.
  • Customers may or may not choose to get details for further action following each successful transaction. To verify and validate information, the manager might examine the interest value for every account linked to the transaction.
  • A consumer may also apply for a loan at a bank, but they must include all necessary information in their loan request.
  • The consumer must specify the kind of loan that best suits their needs and goals, as well as the length of time they want to pay it back.
  • The management of each bank branch is free to reject loan requests based on terms and circumstances or to accept and approve the loan to start the procedure.
  • The bank keeps records for every employee, and the bank oversees every employee in every bank branch. Each branch manager is free to decide whether to give bonuses to staff members. Keep in mind that while all employees receive compensation as part of staff management, not all employees will receive bonuses or promotions.

System Design | Online Banking System

In the digital era, the layout of a Online Banking System is a critical element of any commercial enterprise, it not only affects user experience but also the growth of a service-providing company. This article explores the comprehensive guide to designing a Online Banking System for its efficient use. From practical and non-useful requirements to low-level and High-level design, we’ll delve into each aspect with a focus on readability and effectiveness.

Table of Content

  • Functional Requirements
  • Non-Functional Requirements
  • Usecase Diagram
  • Capacity Estimation
  • Low-Level Design
  • High-Level Design
  • Database Design
  • Microservices
  • APIs Used in System Design of Online Banking System
  • API Code Implementation
  • Scalability

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Functional Requirements | System Design | Online Banking System

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Usecase Diagram | System Design | Online Banking System

A use case diagram visually represents the system’s functionality through actors (users, administrators) and their interactions with the system. It showcases various use cases consisting of account creation, payment initiation, and also access to the transaction history....

Capacity Estimation | System Design | Online Banking System

You can estimate the system capacity by analyzing certain data like traffic, number of transaction are executing , number of new user joining platform etc. By analyzing whole data we can further calculate the required storage capacity for whole year. Here is the simplified calculation given:...

Low-Level Design | System Design | Online Banking System

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High-Level Design | System Design | Online Banking System

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Database Design | System Design | Online Banking System

For Online Banking System, the database design will rely upon the particular requirements and features you need to enforce. Below is detailed description for database design of Online Banking System....

Microservices | System Design | Online Banking System

Microservices structure is an approach to software development wherein a large utility is decomposed into small, independently deployable services. Each microservice is accountable for a selected business functionality and communicates with different microservices through nicely-described APIs. In a payment device, microservices may additionally consist of:...

APIs Used in System Design of Online Banking System

APIs are interfaces that allow one-of-a-kind software program components to communicate with every different components. In a Online Banking System it also permits various APIs facilitate seamless integration between microservices, external services, and the user interface. Some additives of API are as comply with:...

API Code Implementation | System Design | Online Banking System

User Registration API (POST):...

Scalability | System Design | Online Banking System

Scalability is important for handling multiple users and transaction volumes. Scalability include:...

Conclusion

In conclusion, a well-designed Online Banking System can fulfill financial aspects of the organization. By using modular architecture, maintaining efficient database design, and providing clear communication through APIs can lead to foundation for successful digital payment ecosystem. It must be concluded here that you can System Design Online Banking System by considering all the discussed points in the article....