Chelsea youngster Wallace has undergone a medical with Inter Milan this afternoon ahead of a season-long loan move to the Italian giants.
Wallace signed for Chelsea last December in a deal worth £4.7m, but remained with Brazilian club Fluminense until the end of their domestic season as part of the deal.
The 19-year-old flew to Milan for final talks last night and will join Inter on a one-year loan subject to the medical being successfully completed, according to the player's agent Frederico Moraes.
He told TMW: "He is undergoing his medical right now.
"Wallace is truly very happy that things all went for the best and now he just wants to wear the Inter jersey as soon as possible."
Inter are not thought to have any option on a permanent transfer for the right-back, who will challenge for a starting spot at the San Siro this season.
