The main objective of this project is to transfer money from one place to another within a day. By using this system, we can generate various reports. Here, the information required for the money transfer is sent in the form of file on daily basis. This file contains the information such as DD (Demand Draft) details, remitter details, beneficiary details etc. The user sends this file from the source bank to the destination bank.

By using the Speed Cash System, we can speed up the money transfer. The person who sends the money is the remitter and the person who receives the money is the beneficiary. If the remitter has already an account in the bank, then the deduction at the back end will happen instead of cash dealings. After receiving the file, it is processed and the data is put into the database. Then it is again processed and DD is printed. Later, the printed DD is sent to the concerned person. This system is user-friendly and it works very efficiently.

Software Requirements

Operating System: Windows XP/2000 or higher

Front End: PHP

Back End: Apache HTTP server 2.2

Hardware Requirements

Processor: Intel Pentium IV or higher

RAM: Minimum 1 GB RAM

Hard Disk: 60 GB HDD or more

Mouse: Optical mouse

Keyboard: 104 keys