The document outlines specifications for an online banking system. It describes requirements like allowing authorized users to access functions, locate accounts, reduce clerical work, and provide speed. It lists team members and requirements such as functional requirements to view statements, transfer funds between accounts; non-functional requirements for security, availability, usability; and system requirements including Java, Oracle database, Windows OS. It describes modules for creating/opening accounts, searching accounts, depositing/withdrawing funds, and account reports. Finally, it presents ER diagrams for account-related processes and concludes the system aims to meet user banking needs.