E banking provides many advantages for banks and customer’s. e-banking has made life much easier and better and banking much faster for both customers and banks.

major advantages:
It saves time spent in banks
It provides ways for international banking.
It provides banking throughout the year 24/7 days from any place have internet access.
It provides well-organized cash management for internet optimization
It provides convenience in terms of capital, labour, time all the resources needed to make a transaction.

What is e-banking?
Electronic funds transfer means computer systems are used to perform financial transactions electronically. The EFT is used for electronic payments and customer initiated transactions where the cardholder pays using credit or debit card.

The transaction types are, Withdrawal,deposit,interaccount transfer ,inquiry, administrative transactions that covers non financial transactions including PIN change. Electronic Fund Transfer transactions needs authorisation and a means to match the card and card holder.EFT transactions require the cardholder’s PIN to sent online in encrypted form for validation by the issuer of the card.Other information may include the card holders address or the CVV2 security value printed on the card.

Electronic funds transfer transactions are activated during e-banking procedures.The different methods of e-banking are

“Online banking
Short message service banking
Telephone banking
Mobile banking
Interactive -TV banking”
Of all the above procedures online banking plays an important role and maximum used by the account holders.now,discussing the above one by one.

Online banking:
Online banking also known as internet banking, allows the customers to use all the banking services from a computer which has internet access.The customer can do financial transactions on a safer website operated by the bank. Online banking offers features such as bank statements, loan applications, funds transfer, e-bill payments and account aggregation allows customers to monitor all their accounts in one place.
This is an Online Banking System source code developed in PHP, HTML, JavaScript, and MySQL database. This internet banking portal script provides a kind of banking services that gives you complete control over all your banking demands online. This project was initially developed for an undergraduate school project, but over time, other banking features had been added base on student demands. It is now suitable for postgraduate level.

The most interesting thing about the coding behind this project is that it is well simplified; we used the HTML and PHP comment syntax almost all the lines of code for easy understanding. So it is not just about viewing the codes but understanding the whole instructions and being able to manipulate it.

This script was build in a way you can easily add any template to the front end, all that is required is little HTML knowledge. also we have the standard banking script at very affordable price.