Glossary of terms commonly used in the Wallet


6 Information


CLABE Account Number” and is assigned to each bank account in Mexican financial institutions. It consists of the bank code (3 digits) + city code (3 digits) + account number (11 digits) + check digit (1 digit), for a total of 18 digits.

classic card

A classic card is one way to refer to a credit card. It can be used to describe the rank of the card, like gold card or platinum card.


Cooling-off is a special system to protect consumers as stipulated in the Specified Commercial Transactions Act and other laws. It covers contracts in surprise transactions such as door-to-door sales, and contracts in complex and high-risk transactions such as pyramid schemes.

credit history

Credit history is the history of credit card usage registered with credit bureaus. In general, personal identification information such as name and gender, and contract details such as contract date and product name are registered.

credit saver

A credit saver is an insurance policy that waives payment of unpaid charges when the insured becomes unable to pay credit card charges due to certain circumstances, such as death of the insured.


Cancellation of a remittance after it has been processed is called “Kumimodoshi” in the terminology of financial institutions.

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