Collective excitations of water confined in the interlayer space of swelling clay minerals were studied by means of inelastic neutron scattering. The effect of bidimensional confinement on the dynamics of the interlayer water was investigated by using a synthetic Na-saponite sample with a general formula of Si7.3Al0.7Mg6O20(OH)(4)Na-0.7 in a bilayer hydration state. Experimental results reveal two inelastic signals, different from those described for bulk water with a clear anisotropy on the low-energy excitation of the collective dynamics of interlayer water, this difference being stronger in the perpendicular direction. Results obtained for the parallel direction follow the same trend as bulk water, and the effect of the confinement is mainly manifested from the fact that clay interlayer water is more structured than bulk water. Data obtained in the perpendicular direction display a nondispersive behavior below a cutoff wavenumber value, Q(c), indicating a nonpropagative excitation below that value. Molecular dynamics simulations results agree qualitatively with the experimental results.