Venezuelan Antonio Alcantara and Saint Lucian Anthony Jaye, appeared in court today charged with money laundering in connection with the possession of the equivalent of over one million EC dollars in US currency.
Jaye was granted bail in the sum of $18,000 or suitable surety.
He was also ordered to appear three times weekly at the Rodney Bay police station and surrender his travel documents.
Alcantara was remanded at Bordelais Correctional Facility (BCF).
Both men were arrested last week.
Police reported seizing US$395,000 from a car in which the two were travelling after intercepting the vehicle at the Dennery bypass.
In a separate incident on February 10, 2016, police are reported to have executed a search warrant on the home of Venezuelan national, Ricardo Jose Flores Montana at Rodney Heights, where they seized 10,000 Euros and $US 131,720.
The Venezuelan national was charged with money laundering.