Sky sources understand that Shwan Jalal will join Bury on a free transfer.
The 30-year-old goalkeeper will leave Bournemouth when his current contract runs out at the end of the month and will sign a two-year deal with the League Two club.
Jalal joined the Cherries on a permanent contract in August 2008 and went on to make 171 appearances for them, featuring in their promotion from League One and League Two.
However, Jalal failed to play any games for the Championship club since March 2013 and it was confirmed last month that he will leave the Goldsands Stadium for good.
The former Peterborough United goalkeeper will now move to Bury and is expected to sign a contract in the coming days.