PayPal has just sent direct mailing via email stating that Bradesco, Itaú and Santander no longer accept charges on real international purchases paid via PayPal. Therefore, who have cards of these banks necessarily have to pay in dollars and be subject to the exchange rate when the conversion is made at the time the invoice closing, it would also be subject to exchange rate charged by the bank.
The statement did not mention that banks continue to accept charges on real. But, at least for now, the Bank of Brazil continues to accept.
Here is a fragment of the statement:
As you know, no Brasil, as well as in several other countries, PayPal offers the value of the conversion possibility of its international shopping for Real, at the time of checkout. But, recently Bradesco, Itaú and Santander decided to block international purchases in reais in credit cards issued by them.
If you have the credit card of one of these banks registered in your PayPal account and choose to pay their international purchase Real, you can have your transaction denied by the bank.
To continue to rely on the convenience of converting its international shopping for Real at the time of checkout with PayPal, we recommend that you register a credit card from another bank in your PayPal account. If you do not have another card, you can pay for your purchase in the currency listed by the seller and make a transaction with PayPal usually. In this case, you just know the exchange rate used for conversion of your purchase to receive the invoice from your card issuer.
For any questions we are available to help you by phone 0800 892 1555 (second to Sunday, from 8 am to 22h), or through our website http://www.paypal.com.br/