BMO Harris ePurchasing Solutions Announces Global Partnerships with Leading Banks



    Banks in China, France, Australia, Japan and Malaysia join Royal Bank of
    Scotland, Nordea and Banco Santander as BMO Harris Partners, Offering
    Clients Service in Five Continents

    TORONTO, Nov. 7 /CNW/ - BMO Harris ePurchasing Solutions, a leading North
American provider of advanced commercial card solutions, today announced
global alliances with five new banks, allowing its customers to conduct
business in additional countries and continents. The deals expand the BMO
Harris global footprint to five continents. BMO Harris ePurchasing Solutions
recently reached agreements with the following banks:

    
        -  China Merchants Bank, China
        -  Commonwealth Bank, Australia
        -  Credit Saison, Japan
        -  United Overseas Bank, Malaysia
        -  Crédit Mutuel, France
    

    BMO Harris is continually growing its global capabilities by developing
alliances with leading institutions around the world. This association allows
BMO Harris to provide an unparalleled worldwide network with local support
banks, making it possible to globally service corporate card accounts
virtually anywhere.
    This allows BMO Harris customers - who are among the leaders in today's
global economy - to conduct business more efficiently and effectively
worldwide. Through BMO Harris details Online, their proprietary global
database for reporting, analysis, and management, clients have the ability to
review spend by both individual country and a worldwide rollup in a single
currency. The suite of global reports provide customers greater expense
oversight, streamlined activities, and better cash flow for their business
transactions at home, and increasingly, abroad.
    "Our MasterCard commercial card programs provide our customers wider
acceptance not only in North America but around the globe," said Terry
Wellesley, Managing Director of BMO Harris ePurchasing Solutions. "We have
partnered with the leading banks, in the nations where our customers are doing
business, so we can continue to offer the strongest and most robust commercial
card program available in the industry. The BMO Harris name continues to grow
as we expand our global network."
    The banks join the Royal Bank of Scotland (United Kingdom), Nordea
(Denmark, Finland, Norway and Sweden) and Banco Santander (Chile) in BMO
Harris' global commercial card network.

    About BMO Harris ePurchasing Solutions

    BMO Harris ePurchasing Solutions is a leading North American provider of
advanced commercial card solutions that integrate customized end-to-end
electronic procurement and travel and expense management to public and private
sector organizations. BMO Harris' client-centric approach utilizes leading
technology to customize solutions that directly contribute to an
organization's financial performance. One of the top 10 commercial card
issuers in North America, BMO Harris e-purchasing provides more than 87,000
companies a single-source option for their commercial card programs.

    About China Merchants Bank

    China Merchants Bank is the first share-holding commercial bank wholly
owned by corporate legal entities and the first domestically listed company
that passed an external auditing appraisal, based on the international
accounting standard. At present, the total assets of China Merchants Bank are
above 1000 billion RMB, and it is ranked in the top 101 among "the world 1000
banks" by The Banker. CMB has a leading and fast growing credit card business
with more than 30 percent of market share and more than 15 million
dual-currency cards issued in China.

    About the Commonwealth Bank

    With a market capitalization in excess of $AUD 70 billion, the
Commonwealth Bank (Group) is Australia's largest financial institution and
offers a full range of financial services including retail, business and
institutional banking, funds management, superannuation, general and life
insurance, brokerage services and finance company activities.

    About Credit Saison

    Credit Saison Co., Ltd. offers sales credit, loans, merchandise sales,
and travel and entertainment in Japan. It has 9 consolidated subsidiaries and
ranks among Japan's top credit card companies, with cards issued totaling
24,910,000 as of March 31, 2007. Credit Saison is affiliated with Mizuho
Financial Group.

    About United Overseas Bank (Malaysia)

    United Overseas Bank (Malaysia) Bhd ("UOB (Malaysia)") is a subsidiary of
United Overseas Bank Limited ("UOB"), a leading bank in Singapore with a
global network of more than 500 branches/offices and subsidiaries/associates
in 18 countries and territories in Asia-Pacific, Western Europe and North
America. UOB (Malaysia) offers an extensive range of commercial and personal
financial services through its branches as well as through its subsidiaries
and associate companies.

    About Crédit Mutuel - CIC Group

    France's second-largest retail bank, the Crédit Mutuel group is made up
of the Crédit Mutuel network and its subsidiaries, among them CIC. Crédit
Mutuel combines its extensive presence, with those of CIC, a commercial bank
with 40 offices outside of France. Issuing commercial cards for 20 years,
Crédit Mutuel - CIC is the market leader in French MasterCard corporate
programs. The first European bank to be CDF certified, Crédit Mutuel - CIC has
created a dedicated Corporate Cards Centre of Excellence supporting corporate
and public sector customers and developed its own web-based program management
tool.





For further information:

For further information: For Media Enquiries: Canada, Ralph Marranca,
ralph.marranca@bmo.com, (416) 867-3996; Internet: www.bmo.com; United States,
Michael G. Ettlemyer, mettlemyer@environics-usa.com, (203) 325-8772 ext. 15


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