The reversible geminate transfer reaction, A*+B↔C*+D, has been studied in two dimensions. For the excited‐state transfer reaction with two different lifetimes and quenching, the exact analytical Green functions have been generalized for an arbitrary initial condition in the Laplace domain. Long‐time asymptotic behaviors of survival probabilities have been analyzed in the time domain as well as short‐time expressions. The two‐dimensional survival probabilities have been found to show logarithmic decay behaviors of ${\left( {\ln t} \right)^{ - 1} }$ or ${t^{ - 1} \left( {\ln t} \right)^{ - 2} }$ at long times, depending on two lifetimes.