
<strong>Paper Title</strong><br>
Conception Of A Banker’s Cheque Using Atm Interfaced With Trusted Third Party Server<br>
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<strong>Abstract</strong><br>
Abstract- The main aim of this paper is to provide an convenient mechanism for generating a demand draft accepted by any 
financial institution using Automated Teller Machine (ATM) via a trusted third party server. The intention behind the process 
of automation of demand draft generation lies not only in the fact of reducing the workload on the financial institution but also 
to reduce the  inter-bank transactions involved in the process of the same. The account number of the beneficiary is essential 
in this proposed system. The system generates the demand draft in form of a slip from the ATM with a barcode on the slip to 
idenify the transaction by the financial institution and assist during the cancellation. Association of the accout number of the 
benificiary with any financial instituioon is mandatory in the proposed system. ATM interface could be used to debit the 
account of the payee while generating the demand draft and the benificiary account will be credited only on the receipt of 
Demand draft from the benificiary from any financial instituioon. Proposed system not only automates the process of the 
demand draft generation but also avoids the underutilization of the existing ATM Terminals.