The document discusses a proposed system called Smart Cash Deposit that would allow users to deposit cash amounts into their bank accounts using an ATM. Currently, users can deposit money through the bank teller or ATM, but the new system aims to streamline the ATM deposit process. It would allow bulk deposits without needing to specify denominations. However, there are some disadvantages like deposits not being registered immediately and lack of denomination tracking. Overall, the system aims to make cash deposits more convenient through ATMs.

1. MART CASH
DEPOSIT
Preethi.M
III CSE
Karpagam Institute of Technology
Coimbatore.

2. CONTENT

Introduction

How to deposit money ?

Prototype

Need

Competitive advantage

Disadvantage

Conclusion

Reference

3. INTRODUCTION
Smart cash deposit is a new way to deposit the bulk amount through ATM at an instant. The process for
depositing cash at an ATM varies from bank to bank.

4. HOW TO DEPOSIT MONEY ?
In bank

The depositor fills out the slip to indicate
what types of funds are being deposit.

Name, account number and amount should
be mentioned on the deposit slip.

Hand over the deposit slip to the teller along
with the cash.

5. CONTD…
Through ATM

Insert your card, and enter your PIN number.

Choose the on-screen option for deposits.

Enter the amount of your deposit if necessary. Some ATMs can
figure out how much you’re depositing and they won’t ask.

Wait for confirmation and your receipt.

6. PROTOTYPE
•
•
SYSTEM STARTER - INSERT CARD AND SELECT TRANSACTION - DEPOSIT AMOUNTCONFIRMATION RECEIPT - SYSTEM STOPPER

8. NEED

Can overcome the problem of depositing by
single currency.

The new cash deposit feature will speed up
the process.

Allow the customer to deposit without time delay.

More convenient.

May not attract the unwanted attention.

The deposition can be done without any hassle.

9. COMPETITIVE ADVANTAGE

Anytime

Mechanism

Avoidance

Accuracy

Reduced time

10. DISADVANTAGE

Owned by your bank.

May not be registered into an account.

No mechanism for denomination.

Cannot deposit without card.

11. CONCLUSION
•
Smart cash deposit is the recent trend in IT most wanted technology too. But still user need to mention
the denomination of the currency in an accurate manner if they make any fault then it reflects on
account updation. Eventhough there is some negative points People are feel more convenient with this
cash deposit through ATM.

12. REFERENCE
1
http://m.authorstream.com/presentation/ddwmumbai-1897923-smart-cash-deposit/f
2
http://banking.about.com/od/checkingaccounts/a/atmdeposits.htme
3
http://www.webcrawler.com/info.wbcrwl.305.03/search/web?fcoid=417&fc
op=topnav&fpid=2&cid=141922384&ad.segment=info.wbcrwl.ATMt
4
http://www.webcrawler.com/info.wbcrwl.305.03/search/web?q=debit+prob
lems&cid=141812464&ad.network=s&ad.keyword=debit%20problems&ad.c
reative=28986384544&ad