answersLogoWhite

0


Best Answer

UML diagrams are generally produced by electrical engineers and require a thorough knowledge of UML and the Java programming language. Drawing such a diagram is a project given to students in electrical engineering classes.

User Avatar

Wiki User

10y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: How do you draw uml class diagram of banking loan system?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Continue Learning about Finance

How are database management systems aka DBMS used in banking?

draw a diagram to show bank management system in ER model in database management system


Draw block diagram of management Information System development and explain it?

You will first need to know all of the parts necessary before beginning. Then you can draw out the diagram and label all the parts.


How to draw a supply chain diagram?

no


What exactly is TCF ONLINE BANKING?

TFC is a bank that has over 400 branches. A costumer can use TFC Online Banking to draw money from their account or to put money in. They can also provide services for loans and credit.


What is branch banking and unit banking?

Under branch banking system, a single bank has many branches spread over a vast geographical area. Here, all branches of a bank uniformly follow the policies formulated by the Head office. Each branch manager manages its business in accordance with the local requirements within the overall policies and guidelines of the Head office. For instance, a deposit oriented branch would remit the surplus to the head office without the need to bother about its effective use. Likewise, advances oriented branches can draw from the head office the required funds.Branch banking originated in England and is followed in most countries of the world. Australia, India, Canada, South Africa are some of the countries following branch banking system. In India almost all banks follow this type of banking.Under unit banking system, banks function as monoliths with one office with a few branches spread within a small area of operation. Therefore, a large number of banks operate with a limited area of jurisdiction. The unit banks are linked through a system of correspondent banks. A bank in a small town maintains an account with a bank in a big city. The small banks will seek the help of bigger banks in rendering services, like remittance of funds, etc., to their customers in big cities.The United States of America is the home of unit banking. It has over 10, 000 commercial banks. The big banks are established under Federal laws as national banks. Smaller banks are established under the state laws as state banks. The preference of unit banking reflects the economic and political philosophy of the country against the concentration of economic power.The demerits of branch banking are merits of unit banking. However, it can be seen the advantages of branch banking outweigh, those of unit banking. The disadvantages of branch banking are such as can be overcome by proper planning and adopting good management practices. That is why branch banking is most prevalent system in the world.M.J. SUBRAMANYAM, XCHANGING CO., BANGALORE