Western Union Now Available Online to Banco do Brasil Customers

Western Union Money Transfer® Service Now Available Online to Banco do Brasil Consumers

ENGLEWOOD, Colo. & SÃO PAULO--(BUSINESS WIRE)--The Western Union Company (NYSE:WU), a leader in the money-transfer segment of global payments, and Banco do Brasil, the largest financial institution in Brazil, announced today the Western Union Money Transfer^® Money in Minutes service is now available online in Brazil to Banco do Brasil banked consumers through the bank’s Web site.

“Whether it is cash, account, or card based, our expanding global money-movement network provides consumers more ways to move money quickly to more places worldwide.”

“Our relationship with Western Union offers Banco do Brasil the ability to complement its range of products and services to reach new consumer segments and meet the unique needs of the diverse communities it serves,” said Admilson Monteiro Garcia, Managing Director Banco do Brasil International Business Division. “We see Western Union as a strategic brand that, in addition to our Brazilian market and banking expertise, will help Banco do Brasil to continue offering innovative financial services to new and existing consumers and to those who prefer online banking.”

The online money-transfer service arrangement with Banco do Brasil is an important step in Western Union's "go-to-market" strategy in Brazil. As Western Union expands its money-movement service offerings, and in an effort to strengthen both its relationship and value proposition with consumers, the company looks to tap into cash, account and card-based solutions.

Stewart A. Stockdale, President The Americas and EVP Global Cards and Global Key Accounts, said, “Our relationship with Banco do Brasil to offer online money transfer is part of Western Union’s new focus on identifying and driving the development of best-in-class services to expand the company’s business to new consumer segments in Brazil.”

“Whether it is cash, account, or card based, our expanding global money-movement network provides consumers more ways to move money quickly to more places worldwide.”

The Western Union Money Transfer service has been available in Brazil since 1997, when both companies started the relationship, providing international money-transfer services through Banco do Brasil’s network that currently includes more than 5,800 locations.

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 Custom House branded payment services, Western Union provides consumers and businesses with fast, reliable and convenient ways to send and receive money around the world, as well as send payments and purchase money orders. The Western Union, Vigo and Orlandi Valuta branded services are offered through a combined network of more than 410,000 agent locations in 200 countries and territories. In 2009, The Western Union Company completed 196 million consumer-to-consumer transactions worldwide, moving $71 billion of principal between consumers, and 415 million business payments. For more information, visit www.westernunion.com.

About Banco Do Brasil

Banco do Brasil is the largest financial institution in Brazil, with 52,7 million clients, 45.400 ATMs, and 17.900 service points, 5.000 of which are branches spread over 3.600 cities in the country and also throughout more than 20 countries abroad. Banco do Brasil conglomerate is comprised of circa 20 controlled companies and a closed supplementary private social security institution. It turned 200 years old on October 12^th, 2008.

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