Brazilian winger Douglas Costa has joined Italian side, Juventus on a €6million season-long loan move.
He passed a medical on Monday after he was granted permission to travel by the Bundesliga champions.
The deal includes an option of making his stay permanent in the event that he impresses.
“We had serious and constructive talks with the people in charge at Juventus,” Bayern chairman Karl-Heinz Rummenigge told the club’s official website.
“All the financial requirements of FC Bayern were fulfilled.
“I want to thank Douglas for his achievements. After two successful years and four titles, he wanted to take on a different challenge.
“We have accepted this and wish him and all his family the best for the future in Italy.”