The old conventional banking operation in UBG mainly involves deposits and withdrawals transactions. All transactions were recorded on daily transaction registers, meanwhile customers' account information were recorded in ledger cards.
Ledger cards were raised for every customer to record all the movements in their account. Savings passbooks were also issued to customers for their references. Both the Ledger Card and Savings Passbook of a customer should agree whenever a transaction took place.
All cash and cheques transactions were also recorded in registers. These registers should agree to the cash and cheques holdings at day end. Computations of interest and account balances are done using the calculators (casting machines).
Any movements in the registers and ledger cards must be must be approved or signed by a supervisor regardless of amount. Registers and Ledger Cards must also be filed accordingly and kept inside a strong room of fireproof cabinets at day end, as they were permanent records.
Example: The Process of Modern Day Banking Transaction
