Online Banking System using Java – Summary

An Online Banking System is a web-based platform that allows users to manage their bank accounts, conduct financial transactions, and access banking services securely. This project is developed using Java, and it provides a comprehensive interface for customers to manage their accounts, transfer funds, view statements, and more.

Key Features:

Account Management: Customers can view account details, check balances, and manage their information.

Fund Transfers: Users can transfer money between accounts, both within the same bank and to other banks.

Transaction History: Customers can view detailed transaction history, including deposits, withdrawals, and transfers.

Security: Multi-layered security features, including login authentication, session management, and encryption for secure transactions.

Bill Payments: Users can pay bills, recharge mobile numbers, and manage utility payments online.

Loan Applications: Customers can apply for loans and check loan status.

Admin Panel: Bank administrators can manage user accounts, approve or deny transactions, and generate reports.

Technologies Used:

Frontend: Java Swing or JavaFX (for GUI)

Backend: Java (for business logic and server-side operations)

Database: MySQL or PostgreSQL (for storing user information, transaction data, etc.)

Security: Java’s security libraries, such as encryption with AES, and secure password hashing techniques.

This system allows customers to perform all banking operations from the comfort of their home, ensuring convenience and security in their financial activities.