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

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

Business Wire

ENGLEWOOD, Colo. & TORONTO -- February 4, 2013

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 www.westernunion.com.

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 solutions.

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^TM, 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 Flash.

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.

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Contact:

Western Union
Andrew Silver, +1 720-332-4119
andrew.silver@westernunion.com
or
Bank of Montreal
Matthew Duffin, +1 416-867-3996
matt.duffin@BMO.com
or
Interac Association/Acxsys Corporation
Teri Murphy, +1 416-869-7171
tmurphy@interac.ca