2. OBJECTIVE
The objective of a bank management system made with Python and MySQL is to
automate the management and processing of banking transactions. It should provide a
user-friendly interface for bank staff and customers to perform various tasks, such as:
Creating and managing customer accounts
Depositing and withdrawing money
Transferring money between accounts
Viewing account statements
Generating reports
3. BACKGROUND
Banks have traditionally relied on manual processes to manage customer accounts and
transactions. This can be time-consuming and error-prone, and it can be difficult to scale to meet
the needs of a growing customer base.
In recent years, banks have increasingly turned to technology to automate their operations. One
popular technology stack for developing bank management systems is Python and MySQL.
Python is a general-purpose programming language that is known for its simplicity and
readability. It is also a very versatile language that can be used to develop a wide variety of
applications, including web applications, desktop applications, and mobile applications.
MySQL is a free and open-source relational database management system that is known for its
reliability and scalability. It is widely used by businesses of all sizes to store and manage their
data.
The combination of Python and MySQL makes a powerful and flexible platform for developing
bank management systems. Python can be used to develop the user interface and business logic of
the system, while MySQL can be used to store and manage the customer and transaction data.
4. PROBLEM STATEMENT
Here are some specific problems that a bank management system made with Python and MySQL
could solve:
Manual intervention: Many banking transactions are still performed manually, which can be time-
consuming and error-prone. A bank management system can automate many of these transactions,
freeing up bank staff to focus on more complex tasks.
Data silos: Customer data is often stored in different silos, making it difficult to access and
manage. A bank management system can provide a central repository for all customer data,
making it easy for bank staff to get a complete view of each customer.
Scalability: It can be difficult to scale traditional banking systems to meet the needs of a growing
customer base. A bank management system made with Python and MySQL can be easily scaled up
to meet the needs of any size bank.
Security: Customer data is a valuable target for cybercriminals. A bank management system must
be designed with security in mind to protect customer data from unauthorized access and theft.
By developing a bank management system with Python and MySQL, banks can solve these
problems and improve the efficiency, security, and reliability of their operations.
5. PROPOSED SOLUTION
The proposed solution for a bank management system made with Python and
MySQL is to develop a three-tier architecture system consisting of the following
components.
Presentation tier: This tier will be responsible for displaying the user interface and
interacting with the user. It will be developed using Python and a web framework
such as Django or Flask.
Application tier: This tier will be responsible for the business logic of the system. It
will be developed using Python and a database management system such as MySQL.
Database tier: This tier will be responsible for storing and managing the customer
and transaction data. It will be implemented using MySQL.
6. FEATURES
Easy to add money and withdraw.
Three views i.e. admin, staff and customer.
Displays total money collected and remaining to be collected from customer.
Displays list of students with due fee.
Customer views only show their balance.
11. LIMITATION
Unauthorized access to database cannot be prevented
Lack of features: A bank management system made with Python and MySQL may not
have all of the features that a bank needs. For example, it may not have support for
complex financial products or services.
Lack of customization: A bank management system made with Python and MySQL
may not be as customizable as a commercial bank management system. This means
that it may not be possible to meet all of the bank's specific needs.
Lack of support: A bank management system made with Python and MySQL may not
have as much support as a commercial bank management system. This means that it
may be difficult to get help if there are problems with the system.
12. TOOLS AND TECHNOLOGY
Tool:- pycharm ide
Frontend Technology:- python, tkinter
Backend Technology :- python and MySQL
13. Conclusion
Through this we can properly manage banking
system.
No loss of data of old transactions.