The core banking system is a central information system used by banks to perform fundamental banking operations, such as opening accounts, managing deposits, granting loans, issuing credit cards, and handling other financial transactions. It consists of the following modules:
Authorization and Monitoring: Manages user permissions, system monitoring, and administrative operations.
Customer Management: Handles customer information and interactions.
Account Management: Manages customer accounts.
Check Management: Deals with check processing.
Fund Transfers: Facilitates interbank transfers.
Deposit Management: Handles deposit-related operations.
Account Transactions: Manages transactions on customer accounts.
Cash Management and Vaults: Oversees cash handling and vault operations.
Electronic Banking Operations: Supports electronic transactions.
Loan Management: Administers loan processes.
Accounting Management: Handles financial accounting.
Electronic Correspondence: Manages electronic communication.
Document Management: Handles electronic documents
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