I went to deposit a check into my bank account at a well known bank, and noticed there were no deposit slips to fill out the information. They had a different kind of slip labeled "credit" in large red words with "counter deposit." I went to the teller and informed him that I could not find a deposit slip, and he told me that the "credit" slip was indeed the correct slip to fill out for making deposits.
I am curious whether or not this terminology makes sense. In my mind, when I use a credit card, or take out a line of credit, I am borrowing money that I have to pay back. That seems completely different from depositing a check into a bank account. There is no borrowing or paying back, it's just the money going into an account.
Further, wouldn't the "counter" in "counter deposit" imply "against, in opposition" to making a deposit?