Swift fell on the descent of the Coll d'Honor during the Trofeo Platja de Muro, the final race of the Challenge Mallorca series, and sustained significant bruising and superficial wounds.
But a trip to hospital has failed to show any serious damage to the 25-year-old from Rotherham and he fully expects to be back racing before the end of the month.
"I don't remember anything about the crash itself and my first recollections are of a paramedic and doctor standing over me," Swift said on his team's official website.
"After being taken for assessment at a local hospital I flew back to the UK and have undergone some pretty detailed scans in the time since then. Fortunately they've shown no broken bones and no significant head injuries, so there won't be much time off the bike.
"I've experienced a lot of swelling around my knees, and they're still hurting, but once that goes down I should be good to go again."
Swift confirmed his intentions to return to the saddle for Het Nieuwsblad later this month.
"Now I'm concentrating on getting myself back to full fitness and hopefully that'll come in time for the start of the Classics. I'll spend a week or so recovering at home and then fly back out to Mallorca for a training camp with the Classics group which has just been riding in Qatar.
"It'll be fun to meet up with them and the aim is to be back in business at Het Nieuwsblad on February 23."