A Co Louth man appeared before a special sitting of Kells District Court on Saturday morning charged in relation to an alleged multi-million-pound cross-Border money-laundering operation.
Judge John Brophy remanded him in custody after two independent sureties were not able to prove to the court they could afford £50,000 each in bail money.
Mr Kieran Byrne (32), Annaskeagh, Mountpleasant, Dundalk, faces three charges of handling unknown amounts of cash, knowing or believing they in whole or in part, directly or indirectly, represented another person's proceeds of drug-trafficking or other criminal activity.
The offences are alleged to have occurred at the bureau de change known as Dromad Enterprises, Dromad, Co Louth, and on dates between August 1st, 1998, and November 6th, 1998.
Det Sgt Gerard Giblin, of the Garda Bureau of Fraud Investigation, said he arrested Mr Byrne at Academy Street, Navan, at 5.06 p.m. last Friday. In reply to the charges, he had nothing to say.
Judge Brophy adjourned the case to the next sitting of the court on Thursday.