Ajmaline (AJ) and homatropine (HM) react with bromocresol green (BCG) and bromophenol blue (BPB) in dichloromethane forming 1:1 and 1:2 ion pairs clearly in a chemical equilibrium. Thermodynamic parameters ΔG0, ΔH0, and ΔS0 are calculated using the Van't Hoff equation. In a large excess of HM a product P is formed from the 1:2 ion pair in a pseudo-first order kinetic process which fits Arrhenius' equation. The P product has been identified as a type of charge transfer complex. The thermodynamic parameters corresponding to the formation of the ion pairs BPB—(AJ)2, BCG—(AJ)2, BPB—(HM)2, and BCG—(HM)2 are, respectively: ΔG0 at 294 K, −26, −21, −26, and −19 kJ/mol; ΔH0, −63, −39, −63, and −61 kJ/mol; ΔS0, −125, −62, −125, and −138 J/K mol (ΔH0 and ΔS0 determined in a 288 to 313 K range). The values of the activation energy, Ea, for the reaction of HM (in large excess) with BCG and BPB are 58 and 91 kJ/mol.