ATM Application

Introduction

The Automated Teller Machine (ATM) application transforms the way users access
banking services by providing a secure and convenient alternative to traditional
banking transactions. Users can perform essential banking activities—such as
withdrawing cash, checking account balances, and transferring funds—without the
need for bank tellers or physical visits to branches. This application enhances user
interaction through a straightforward and efficient interface while implementing
robust security measures to safeguard sensitive information. With ATMs available in
various locations, users can enjoy 24/7 access to their funds and essential banking
services.

Key Features and Benefits

1. Convenience: Users can perform transactions anytime and anywhere,

significantly reducing the need for in-branch visits.

2. Efficiency: Routine transactions such as cash withdrawals and balance

inquiries can be completed quickly, streamlining the banking process.

3. Security: Advanced security features, including PIN authentication,

encryption, and session timeouts, ensure the protection of user data and
transactions.

4. Accessibility: ATMs can be equipped with features to assist users with

disabilities, broadening the availability of banking services.
 Scope of the Project

This mini project focuses on developing a simplified model of an Automated Teller

Machine (ATM) application, designed to provide essential banking functionalities
in a secure and user-friendly manner.

The key features to be implemented include

Key Functionalities

1. User Authentication:
• Objective: To securely authenticate users and grant access to their
accounts.
• Users will insert their ATM card and enter a valid PIN, ensuring that only
authorized users can perform transactions.
2. Cash Withdrawal:

• Objective: To enable users to withdraw cash from their accounts

conveniently.

• Users can select from predefined cash denominations, with the system
ensuring sufficient funds are available before completing the transaction.

3. Balance Inquiry:

• Objective: To provide users with real-time access to their account

balances.

• Users can easily check the balance of their checking and savings accounts,
promoting better financial awareness.
4. Funds Transfer:

• Objective: To allow users to transfer funds between their own accounts or

to other accounts within the same bank.

• The system will facilitate easy input of transfer amounts and provide a
confirmation screen before processing the transaction.

5. Mini Statement:

• Objective: To give users a summary of recent transactions for effective

financial management.

• Users can view their last few transactions, helping them track their
spending and account activity.

6. PIN Management:

• Objective: To enhance security by allowing users to manage their PINs

effectively.

• Users can change their current PIN through a secure verification process.
 Functional Requirements

1. User Management

• User Authentication:

o Users must insert their ATM card and enter a 4-6 digit PIN, validated
against the bank’s database.

o The system should support PIN recovery or reset through predefined

security questions.

2. Account Management

• Balance Inquiry:

o Users can select which account balance (savings/checking) to view.

o The system presents the current balance in a user-friendly format.

• Mini Statement:

o Users can request a mini statement displaying the last 5-10 transactions,
including dates and amounts.

o Users may choose to view transactions from specific periods (e.g., last
week, last month).

• Change PIN:

o Users must verify their current PIN to initiate the change.

o The system prompts users to enter and confirm a new PIN.

3. Transaction Management

• Cash Withdrawal:

o Users can withdraw cash in predefined denominations (e.g., $20, $50,

$100).

o The system checks account balance and applies withdrawal limits based
on account type.

o The system displays the remaining balance post-withdrawal.

• Fund Transfer:

o Users can select source and destination accounts for the transfer.

o Users enter the amount to be transferred and review transaction details

before confirmation.

o Upon confirmation, the system processes the transfer and provides a

receipt.

4. Security Features

• Session Timeout:

o The system automatically logs out users after 3-5 minutes of inactivity,
with a warning message displayed 30 seconds prior.

• Fraud Detection:

o The system tracks transaction patterns and flags suspicious activity.

 o Users receive alerts about potential fraud through on-screen
notifications or follow-up messages.

5. User Interface

• Multi-Language Support:

o Users can choose their preferred language at the start of the session.

o All text, prompts, and instructions should be accurately translated.

• Feedback Mechanism:

o The system provides clear visual confirmations for actions (e.g.,

“Transaction Successful”).

o Optional audio prompts guide users through the process.

 Non-Functional Requirements

1. Security

• All sensitive data, including user credentials and transaction details, must be
encrypted.

• The system should implement measures against skimming and card cloning.

2. Performance

• The ATM application should process transactions within a few seconds to

ensure minimal waiting time.

• The system should handle peak loads without performance degradation.

3. Usability

• The user interface should be intuitive, with clear instructions and prompts for
ease of use.

• The ATM should comply with accessibility standards to assist users with
disabilities.

4. Reliability

• The system should ensure high uptime (e.g., 99.9%) to provide continuous
service.

• Backup systems should be in place for quick recovery from failures.

5. Maintainability

• The architecture should allow for independent updates to modules (e.g., user
management, transaction processing).
 Modules

1. User Authentication Module

The User Authentication Module is the first step for users to access their accounts
securely. The process involves:

• Card Insertion:

o The user inserts their ATM card into the machine. The card reader scans
the card's magnetic stripe or chip.

• PIN Entry:

o The system prompts the user to enter their 4-6digit PIN on the keypad.

o After the user enters their PIN, the system validates it against the bank's
database.

• Session Management:

o Upon successful authentication, a user session is created.

o If the user fails to enter the correct PIN after a predetermined number
of attempts, the session is terminated for security reasons.

• Session Timeout:

o If the user is inactive for 3-5 minutes, the session automatically logs
out, displaying a warning message 30 seconds prior.
2. Transaction Module

Once authenticated, users can perform various transactions through this module:

• Cash Withdrawal:

o The user selects the "Withdraw Cash" option.

o The system presents predefined denominations (e.g., ₹100, ₹200, ₹500)

for selection.

o The user chooses an amount to withdraw, and the system checks if the
requested amount is within the available balance and withdrawal limits.

o The system displays the remaining balance after the withdrawal is

approved.

• Fund Transfer:

o The user selects "Transfer Funds" and chooses source and destination
accounts.

o The user enters the transfer amount and confirms the transaction.

o A review screen displays transaction details, prompting the user to

confirm before processing.

o Upon confirmation, the system processes the transfer and provides a

receipt.
 • Balance Inquiry:

o Users select the "Balance Inquiry" option to view their current account
balances.

o The system displays balances for checking and savings accounts

clearly.

3. Account Management Module

This module allows users to manage their account settings:

• Change PIN:

o Users select the "Change PIN" option.

o The system prompts them to enter their current PIN for verification.

o Once verified, the user is prompted to enter a new PIN and confirm it.

• Mini Statement:

o Users can request a mini statement by selecting the "Mini Statement"

option.

o The system displays the last 5-10 transactions, including dates and
amounts.

o Users may also filter transactions based on specific time frames (e.g.,
last week, last month).
4. User Interface Module

The User Interface Module ensures that the user experience is smooth and intuitive:

• Navigation:

o The system presents a clear menu layout with easily identifiable options
for transactions, account management, and help.

o Users can navigate through options using physical buttons or a

touchscreen interface.

• Feedback Mechanism:

o After each action (e.g., successful withdrawal, balance check), the

system provides visual feedback (e.g., “Transaction Successful”).

o Optional auditory feedback (e.g., confirmation tones) helps guide users

through the process.

5. Security Module

The Security Module safeguards user data and transactions:

• Data Encryption:

o All sensitive data, including user credentials and transaction details, is

encrypted during transmission.

• Fraud Detection:

o The system monitors transaction patterns for suspicious activities (e.g.,

multiple withdrawals in a short time).

o Users are alerted to potential fraud through on-screen notifications or

follow-up messages.
6. Notification Module

This module keeps users informed about their transactions and account status:

• Transaction Alerts:

o After completing a transaction, users receive immediate confirmation

on-screen and may also receive a printed receipt.

• Low Balance Notifications:

o If a user’s balance falls below a specified threshold, the system sends

an alert on the screen or via text message.

Interoperability

• Integration with Bank Systems: The ATM must interface with the bank’s
database for real-time transaction processing and account information
retrieval.

• Compliance with Standards: The system should comply with industry

standards like ISO 8583 for financial transaction messaging.
Conclusion

The ATM application aims to enhance the banking experience by providing a

secure, efficient, and user-friendly platform for managing essential transactions. By
addressing both functional and non-functional requirements, this SRS serves as a
comprehensive framework for developing the ATM system, ultimately improving
customer satisfaction and trust in banking services. This project seeks to modernize
and simplify user interactions with banking through ATMs, ensuring that essential
services are always accessible.