The Hammers are keen to bring the 24-year-old to Upton Park as he has struggled to break into the first team at Stamford Bridge.
The wide-man is well down Jose Mourinho’s pecking order and the recent arrival of Pedro from Barcelona will further restrict his involvement in first-team matters but Chelsea are holding out for £10m, according to the Mirror.
Aston Villa and Tottenham Hotspur are also believed to be interested but it is West Ham who have made the first move.
Tottenham are hoping to sign Moses before the transfer window closes, according to the London Evening Standard.
Moses has spent the past two seasons out on loan at Liverpool and Stoke City and his last senior Chelsea appearance came back in May 2013.
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