The Wallet on Chain (WOC) is Chanel's iconic little handbag, often considered a hybrid between a purse and a mini shoulder bag. A great Chanel classic, it is highly prized for its elegance, practicality and timeless design. It has all the hallmarks of a Timeless, but in miniature. The WOC is very well thought-out and organized. It includes several internal compartments (6 storage spaces of different sizes and functions), such as card slots, a zipped pocket for coins, for example, and a section for banknotes. Your cell phone fits easily into one of the compartments. In short, the WOC is small but well thought-out, combining the functionality of a purse with the chic aesthetics of a Chanel bag.