Online Banking project is a web application which is developed in PHP platform. This PHP project with tutorial and guide for developing a code. Online Banking is a open source you can Download zip and edit as per you need.

This is simple and basic level small project for learning purpose. Also you can modified this system as per your requriments and develop a perfect advance level project.

The most interesting thing about the coding behind this online Banking php script is that it is well simplified; we used the HTML and PHP comment syntax almost all the lines of code for easy understanding.

Key features
Sends alert email and SMS to mobile phone and email address of the beneficiary (CREDIT ALERT) and senders (DEBIT ALERT) mobile number whence a transfer is done
logs the last time a user visited his or her account
internal sending of mail allowed by users to the system while admin can send email to external (non-users) and internal (users)
login access to account
retrieval of password (login credential) if forgotten
Registration of new account only approved by the admin when registered by any client
admin can access all users account without have to login directory to the account of any said user
if a user links an external account as beneficiary the system will send money to the beneficiary the money will be deducted but will not be cleared instantly until the admin views and approve such transaction which turns the status to successful
if a user links an internal account as beneficiary the system will look up if the account exist in the system and automatically fund the beneficiary account and deduct money from the sender which is automatically approved by the system and status successful automatically.

Security
Account not allowed to be accessed when they are not activated by admin
account cannot transfer money until verification proof is approved by the admin
account can be banned by admin if the user disobey the system rules and regulation