Bank Automation System for Indian Currency A Graphical Approach

The serial numbers are currency issuance numbers, which are used as the identifiers (IDs) of the banknotes. Each sheet has its own serial numbers and the same numbers cannot be used more than once. Correctly and fast recognizing these numbers is very important due mainly to at least the three reasons. Firstly, there is a need for proper statistics by the national treasuries and the banks. Before the national treasuries can accept the banknotes, they need to know the serial numbers of so it’s of the banknotes so that the national treasuries can know the total number of each of the different kinds of banknotes. Secondly, there is a need for reprinting of the destroyed banknotes. Thirdly, there is a need for the diagnosis of the crimes by the public police. It would be very helpful for the public police to find clues of the criminals if the stolen banknotes can be fast and correctly recognized. A system is being proposed which can detect the theft of Indian currency notes by matching the serial number of the note. The proposed system consists of three major parts: Image acquisition, Extraction of serial number and Optical characters recognition (OCR). In image acquisition: Selection of acquisition source, Selection of acquisition type, configure acquisition settings, selection of controls/indicators methods are used. For extracting of serial number: color plane extraction and brightness control methods are used. In OCR: the system is trained for the recognition of each and every character in the serial number of the Indian currency note. The serial numbers of the missing notes saved as the data base will be compared with the serial number of each and every note coming to us.