BEIJING — China’s Ministry of Veterans Affairs has signed an agreement with 10 banks on introducing preferential services for military personnel and veterans.

The banks, including the Industrial and Commercial Bank of China, the Bank of China and the Agricultural Bank of China, will offer prioritized, quality and discounted financial services for military personnel and their families, military retirees and other eligible beneficiaries.

The beneficiaries can apply for special bank cards, with which they can enjoy exclusive and fast-tracked services in bank branches as well as exemption of various fees.