Here I am answering my own questions.
From what I could gather, fee for a transfer between bank accounts is 1.6% of transaction and delay is 'Same day'.
Fees:
https://www.c2it.com/C2IT/fees.jsp
Terms and conditions:
https://www.c2it.com/C2IT/july_aoltc.jsp
I'm still interested in knowing people's experience with this type of transaction.
Thanks.