The Milan-based club has the option to make the Portugal international's move permanent for a reported fee of 35 million euros ($41 million).
"I intend to settle in as quickly as possible, I'm a player who likes to help my team mates and I'll give my all for Inter," said Cancelo, capped five times by Portugal.
(Reporting by Silvia Recchimuzzi in Gdynia; Editing by Christian Radnedge)
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