UV-Vis spectroscopic investigations of electron donor-acceptor complexes of [60]- and [70]fullerenes with a well-known laser dye, viz., 4,4-difluoro-1,3,5,7,8-pentamethyl-2,6-diethyl-4-bora-3a,4a-diaza-s-indecene (PM567), are reported in toluene solutions. Absorption bands due to charge transfer (CT) transitions have been located in the visible region. The vertical ionization potential of PM567 has been determined utilizing Mulliken’s equation. A possible mechanism for the interaction between the electronic subsystems of [60]- and [70]fullerenes with PM567 is discussed. Oscillator strengths, resonance energies and electronic coupling elements of the CT complexes were estimated. Formation constant data and ab initio calculations suggest that PM567 binds more tightly with [60]fullerene compared to [70]fullerene.