Cheque Deposition System Using Image Processing & TCP-IP Protocol
|Hrishikesh Samant1, Akshay Gaikwad2, Vivek Ingale3,Harsha Sarode4
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Bank cheques are still widely used for financial transactions all over the world. Huge volumes of cheques are manually processed everyday. User written information such as date, amount, account number, payee name, cheque number and signature has to be visually verified. Nowadays, the banks have made a compulsion for the use of cheque truncating system (CTS) complaint cheques for saving much time and effort for deposition of cheques. An attempt is made in this paper to reduce the human efforts, time and money for automatic processing of cheques.