The Nerazzurri already reached personal terms with the Frenchman earlier this month, as he was keen on a new challenge.
It was reported that Nerazurri were ready to pay €30m plus €2m in add-ons for the 2018 World Cup winner.
Inter have been waiting to sign Pavard for days but were left in limbo as Bayern refused to sign off on the deal until they secured a replacement.
Having set a deadline for today to complete the deal, this has now been met.
Italian journalist Gianluca Di Marzio reported that Bayern have informed Inter that the Pavard deal can now be completed, and the Frenchman has been given the go-ahead to fly to the Lombardy capital.
This has also made the Nerazzurri book in the 27-year-old’s medicals for Wednesday. Upon a successful medical, Pavard can be integrated into Simone Inzaghi’s squad before their next match against Fiorentina on September 3.
Meanwhile, the Bavarian giants are working on signing Lutsharel Geertruida from Feyenoord as a replacement.
Pavard, who spent four years at the Allianz Arena, scored 12 goals and provided 12 assists in 163 appearances across all competitions.
In another development, Romelu Lukaku is set to complete a loan move to AS Roma.
This follows his arrival at Italy’s capital as Roma trooped out to greet him.
The former Manchester United striker is expected to conduct his medical and sign a contract with the Giallorossi soon.
The large crowds of supporters who gathered on the tarmac of the capital’s Ciampino airport on Wednesday afternoon were heard chanting his name as they caught a glimpse of Roma’s latest summer signing.
Lukaku arrived in Rome on Dan Friedkin’s private jet just after 17.00 UK time. He stepped out and waved to those who had welcomed him back to Italy.
According to reports, Roma will pay Chelsea a loan fee of €5.8m to bring Lukaku on board for the 2023-24 season.
The Belgian had spent last season on loan at Inter, scoring 10 Serie A goals and three in the Champions League.
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