BMO Bank of Montreal to Offer Western Union Money Transfer® Transactions via the Interac e-Transfer™ Platform

BMO Bank of Montreal to Offer Western Union Money Transfer® Transactions  via 
the Interac e-Transfer™ Platform 
BMO the First Canadian Financial Institution to Offer Western Union Money 
Transfer Services via the Interac e-Transfer Platform; BMO Customers Can Send 
Money Globally Online 
ENGLEWOOD, CO and TORONTO, Feb. 4, 2013 /CNW/ - The Western Union Company 
(NYSE: WU), a leader in global payment services, and Acxsys Corporation, a 
leader in electronic payment services in Canada, today announced their 
respective agreements with BMO Bank of Montreal, the Canadian retail banking 
arm of BMO Financial Group (TSX: BMO) (NYSE: BMO). 
The agreements will allow BMO Personal Banking customers to conduct online 
Western Union Money Transfer transactions directly from their accounts via 
Acxsys Corporation's Interac e-Transfer platform, to Western Union(®) Agent 
locations in Canada and more than 200 countries and territories worldwide. 
The agreements are expected to be implemented in the first quarter of 2013. 
"Our customers increasingly look to BMO to help them remain connected to 
family, friends and businesses worldwide, and that is especially true of the 
growing number of new Canadians who regularly send money to family overseas," 
said David Heatherly, Head, North America Payments - Personal and Small 
Business, BMO Financial Group. "The agreements with Western Union and Acxsys 
Corporation will make it easier for our customers to send remittances around 
the world, from the convenience of their home and personal computers." 
"Western Union is positioned at the nexus between cash and electronic 
technologies," said Odilon Almeida, President, Americas, Western Union. "We 
are combining our traditional strengths - a globally recognized brand and an 
international retail presence - with account-based money transfers, mobile 
services and cross-border platforms for global businesses, to meet the needs 
of today's consumers, who require more options across different technologies." 
"We are excited to extend the speed and convenience of the Interac e-Transfer 
platform to BMO customers, enabling them to send money globally," said Mark 
O'Connell, President and CEO, Interac Association and Acxsys Corporation. 
"Interac e-Transfer, a trusted brand, is currently offered by more than 150 
financial institutions in Canada. BMO is the first bank to offer its 
customers the ability to use the Interac e-Transfer platform to send 
account-based money transfers through the international network of Western 
Union Agents." 
About Western Union 
The Western Union Company (NYSE: WU) is a leader in global payment services. 
Together with its Vigo, Orlandi Valuta, Pago Facil and Western Union Business 
Solutions branded payment services, Western Union provides consumers and 
businesses with fast, reliable and convenient ways to send and receive money 
around the world, to send payments and to purchase money orders. As of 
September 30, 2012, the Western Union, Vigo and Orlandi Valuta branded 
services were offered through a combined network of approximately 510,000 
agent locations in 200 countries and territories. In 2011, The Western Union 
Company completed 226 million consumer-to-consumer transactions worldwide, 
moving $81 billion of principal between consumers, and 425 million business 
payments. For more information, visit 
About BMO Bank of Montreal and BMO Financial Group
BMO Bank of Montreal is the Canadian personal and commercial banking business 
of BMO Financial Group. Established in 1817 as Bank of Montreal, BMO 
Financial Group is a highly diversified North American financial services 
organization. With total assets of $525 billion as at October 31, 2012, and 
more than 46,000 employees, BMO Financial Group provides a broad range of 
retail banking, wealth management and investment banking products and 
About Acxsys Corporation and Interac Association
A recognized world leader in debit card services, Interac Association is 
responsible for the development and operations of the Interac(®) network, a 
national payment network that allows Canadians to access their money through 
Interac Cash at 60,000 Automated Banking Machines and Interac Debit at 766,000 
point-of-sale terminals across Canada. Interac Flash™, a secure, 
contactless enhancement of Interac Debit, allows Canadians to pay for items 
instantly with their Interac chip debit card at a reader that supports Interac 
Interac Association was founded in 1984 and is comprised of a diverse 
membership that includes banks, trust companies, credit unions, caisses 
populaires, merchants and technology and payment related companies. 
Other related services offered by Acxsys Corporation, whose shareholders are 
the architects of the Interac network, include: Interac Online, for secure 
online payments made directly from a bank account; Interac e-Transfer, for the 
transfer of money from one person's bank account to another person's bank 
account using an email address or, where available, a mobile phone number; and 
international services, which provide Canadian cardholders with point-of-sale 
access at nearly 2 million U.S. retailers, and PULSE, Discover, Diners Club 
International and UnionPay cardholders access to ABMs in Canada. 
Interac, the Interac logo, Interac Flash and Interac e-Transfer are trademarks 
of Interac Inc. Used under license. 
Media Contacts: 
Andrew Silver Western Union +1 (720) 332-4119 
Matthew Duffin Bank of Montreal +1 (416) 867-3996 
Teri Murphy Interac Association/Acxsys Corporation +1 (416) 869-7171 
SOURCE: Interac Association 
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CO: Interac Association
ST: Colorado
-0- Feb/04/2013 13:00 GMT
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