Speaking at a promotional event in Melbourne on Thursday, Swan, arguably the game's hottest player after his standout 2010, said he was eager to continue playing for the Magpies.
Swan could be among the Giants' prime targets as the AFL's 18th club seeks uncontracted targets.
Swan, like teammates Scott Pendlebury and Dale Thomas, will be out of contract at the end of 2011 and could be the subject of a huge offer from GWS.
But Swan suggested he had no thoughts of leaving the reigning premier, saying the lure of playing with his mates - including the recently-returned Chris Tarrant - was a major incentive in staying in black and white.
Swan, originally from the Calder Cannons, proved a bargain pick up for the Pies when they selected him with pick 58 in the stellar draft of 2001.
"They (Collingwood) were the only side who talked to me before the draft and they gave me my opportunity," Swan told AAP.
"I have a lot of good mates down there, with Taz (Tarrant) coming back, he's one of my best mates.
"I get to play with him for a couple more years. I love the footy club and I'm a Melbourne boy so ideally Collingwood is the place I want to be."
Swan said Tarrant was among the pre-season flyers on the training track and his addition, combined with the playing group's continued desire was unlikely to see a drop-off from Mick Malthouse's team.
"There's no doubt we can keep going higher," Swan said.
"All our improvement will come from our young guys. Pendlebury and Thomas are going to get much better, Dayne Beams, Steele Sidebottom, Chris Dawes, Brent Macaffer, I could just about name 18 of the 22 who played in the grand final side.
"Nick Maxwell has been terrific since we won. We haven't really looked back and reflected on the grand final because we've got next year to worry about.
"There'll be no premiership hangover with us, that's for sure."
