The agreement comes on the same day Juventus submitted an £8.5m (€10m) bid for current Villa No 1 Emiliano Martinez.
While the bid is below Villa's valuation for the Argentina international, negotiations are understood to be continuing with the Italian club.
- Transfer Centre LIVE! | Aston Villa news & transfers🦁
- Aston Villa fixtures & scores | FREE Villa highlights▶️
- Got Sky? Watch Premier League games LIVE on your phone📱
- Not got Sky? Latest Sky Sports deals or stream PL games with no contract📺
Suzuki has been at the heart of a transfer merry-go-round, having been heavily linked with a move to European champions Paris Saint-Germain; however, the proposed move hit a snag and gave Villa fresh encouragement to move for the Japan World Cup star.
Juventus have been very interested in signing Martinez since the start of the window but were also hoping to sign Suzuki on loan from PSG had that deal had gone through.
The goalkeeper, who turns 24 this month, joined Parma from Urawa Red Diamonds in 2024 after a loan spell in Belgium and has made 57 Serie A appearances over the past two seasons.
No 1 for his country, he started all four of Japan's matches at this summer's World Cup, where they were knocked out by Brazil in the round of 32.
Suzuki was born in Newark, New Jersey, to a Ghanaian father and Japanese mother before growing up in Japan.
Aston Villa transfers
In
Johan Manzambi - Freiburg, £59.5m
Joao Gomes - Wolves, £38m
Modou Keba Cissa - LASK, undisclosed
Blade Earley - Cambridge, free
Alejandro Garnacho - Chelsea, loan
Out
Morgan Rogers - Chelsea, £117m
Youri Tielemans - Man Utd, £35m
Donyell Malen - Roma, £21.6m
Lewis Dobbin - Southampton, £10m
Enzo Barrenechea - Benfica, £10m
Lucas Digne - Paris Saint-Germain, £8.5m
Louie Barry - Sheffield Wednesday, undisclosed
Yeimar Mosquera - Vitoria SC, undisclosed
Sil Swinkels - Sheffield Wednesday, undisclosed
Thierry Katsukunya - Cardiff, free
Ronnie Hollingshead - King's Lynn, free
Ewan Simpson - Airdrieonians, free
Junior Wilson - Birmingham, free
Evann Guessand - Crystal Palace, loan
Sam Proctor - Shrewsbury, loan
Joe Gauci - Lincoln, loan
Andres Garcia - Getafe, loan
Zepiqueno Redmond - Annecy, loan
Kadan Young - Annecy, loan
Oliwier Zych - Vitoria SC, loan
