Right to Financial Privacy Act

Right to Financial Privacy Act - States that the purposes of this Act are to protect and preserve the confidential relationship between depository institutions and their customers and the constitutional rights of those customers, and to promote commerce by prescribing policies and procedures to insure that customers have the same right to protect against unwarranted disclosure of customer records as if the records were in their possession.

Prohibits any Federal agency or employee from obtaining copies of, access to, or the information contained in, the financial records of any customer from a depository institution unless such records are described with particularity and: (1) such records are disclosed in response to an administrative subpena or summons; (2) such records are disclosed in response to a court order; or (3) such records are disclosed in response to a judicial subpena.

States that no depository institution may provide to a Federal agency or employee, copies of or the information contained in the financial records of any customer except in accordance with the requirement of this Act.

Sets forth provisions governing customer authorization, administrative subpenas and summons, and judicial subpenas.

Prohibits the Secretary of the Treasury from requiring an institution to maintain any financial records or to transmit any reports relating to customers unless: (1) such records are required for use by a supervisory agency in the supervision of that institution; or (2) such records are required to be maintained by the Internal Revenue Code.

Prescribes civil and criminal penalties for violation of the provisions of this Act.