Molecular switches based on proton transfer that are photochromic and can be interconverted by light at different wavelengths back and forth between two thermodynamically stable tautomeric states in solution at room temperature are rare to date. We report on a study of the ultrafast conversion of the bistable proton transfer switch N-(3-pyridinyl)-2-pyridinecarboxamide (NPPCA) to a corresponding iminol after photoexcitation at λpump ≈ 265 nm by means of femtosecond time-resolved broad-band and single-colour transient electronic absorption spectroscopy (TEAS), transient fluorescence spectroscopy (TFLS), and transient vibrational absorption spectroscopy (TVAS) in acetonitrile solution. The interpretation of the data was accompanied by ab initio quantum chemical calculations of the excited electronic states and the vibrational frequencies of the reactant and product in their ground electronic state. The TEAS experiments provided four time constants, τ1 = 0.09 ± 0.01 ps, τ2 = 0.61 ± 0.01 ps, τ3 = 5.10 ± 0.80 ps, and τ4 = 20.0 ± 1.0 ps. The first two agree well with the measured TFLS lifetimes, τ1,TFL 10 ns.