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Showing posts with the label Direct Cash Deposit

Instant Banking with Currency Notes

I would like to propose a new method of depositing money in banks, simply using currency notes, with the help of a Mobile Banking App. This is a new system never before used in any bank. It will help customers to deposit amounts from Rs. 100 to Rs.10,000 per day. The system works with the help of Currency Notes Numbers. A customer can deposit up to 5 Currency Notes per day. Deposit with Currency Notes First, the Customer needs a Mobile Banking App on his Mobile phone. All the details of the Customer’s Bank Account will be in the App. The Customer needs to use the App to take pictures of the Currency Notes, She wants to deposit. The App scans the Currency Note Number and asks for confirmation from the Customer. After confirmation, the details of the Currency Note, along with the Customer’s details will be sent to the Bank's Central Database. After this, the Customer should go to the bank and simply deposit the Currency Note(s) in a specially designed Currency Collector Machine. When...