A diagram for the online banking system would summarize the most important points and elements of the online banking system but this diagram would explain hard to process details and data.
The most simple of all.
Still simple but little details start to emerge
It has finally left the idea board and now we start to see some action.
More and more revelant details start to come into the picture.
More advanced but this time online actions are being combined with physical actions.
Just do simple steps.
Do not share your Registered mobile number which is present in the bank.
Do not create any social media accounts using that number.
Use Official BANK Application which are provided by the bank.
Avoid to use of internet banking in cyber cafe.
Never share password with anyone.
Do not save cards details online and any other applications.
I like this diagram in particular.
It covers the main relationships/roles of a central bank: 1. it is a bankers' bank so we see the commercial and other banks interacting with the central bank. 2. it is the government's bank. Here we see the national government have accounts in the bank and it also goes to the central bank for funding. Central Banks [ https://www.quora.com/topic/Central-Banks ] purchase Treasury Bonds and Notes [ https://www.quora.com/topic/Treasury-Bonds-and-Notes ] in particular to fund government expenditures in deficit scenarios. 3. it is the lender of last resort. For other banks and the government, they go to the central bank when they need emergency liquidity [ https://www.quora.com/topic/Liquidity ]. This is particularly useful in times of temporary liquidity constraints.
Original Image found here: Speculative Numismatics | Festival work @ Memefest [ http://www.memefest.org/en/gallery/works2012/836/?pic=2 ].
There are lots of online examples but try this
https://www.usability.gov/how-to-and-tools/methods/use-cases.html
Every bank has its own secured system. Some banks have token system , which generates a token no , which has to be inputted for the transaction to be processed.
Quora is a place to explain and expand on concepts, rather than substitute for straightforward searches.
But here’s an example anyway: Class Diagram for Banking System (UML) [ https://www.lucidchart.com/pages/class-diagram-for-banking-system-UML ]
For systems work, a powerful way to understand any business is to “follow the money.”
For retail banking, it all starts with a depositor. Does the depositor go to a branch teller, or an ATM, or a call center…? What does that deposit-taking outlet then do? Does the money go to savings, or checking, or perhaps investments?
That’s the way to make sure your schema are thorough
The first question I would ask is what do you want your diagram to show? For any diagram you create, you need for it to have a purpose.
For example, package diagrams can be used to display a system’s layered architecture, in which case, you would be showing, as part of that diagram, the various layers of your system and what is contained at each layer. Examples of layers could be the user interface, the cash dispensing component, and the safety component (to name a few). This diagram can then be used by the modeling/development team(s) to focus their work on the layer(s) on which they work (and better control the modification(s) made on the complete mode in storage, e.g, in a source control system. This can then be used to more easily define the system’s deployment model.
As for the actual modeling of and ATM, it is a common example used in CompSci courses and there are may examples available on the internet, although not all will deal with packages.
As for knowing whether a diagram is good, show it to someone who knows a little UML - if they can understand it, it’s good… It they ask many questions, go back and improve it.
I don’t use an online bank, but the bank I use has online services, Mountain West, it is a local bank of the Inland North west USA.
Follow the chart as mentioned below one by one
01. Government of India- Finance Ministry - Economic affairs wing - Financial intermediaries (RBI + IRDA + SEBI)
02. Reserve Bank of India - Scheduled commercial banks + Non scheduled commercial banks(Local area banks)
03. Scheduled commercial banks - Public sector banks (State Bank of India + Nationalised banks + Regional Rural Banks) - Private sector banks (Old private sector banks + New Private sector banks) - Foreign banks
Develop a flow chart for the abovementioned three stages and you can easily understand as to how the banking industry functions in the country
No, Muslims are not allowed to use banking systems. Since, currency notes are printed by the central bank, you should not touch money either. So, in order to survive in this world, you ought to resort to the ingenious system called ‘barter system'.
