Right to Financial Privacy Act Law and Legal Definition

The Right to Financial Privacy Act (RFPA) is a U.S. federal legislation. The Act gives the customers of any financial institution the right to some level of privacy from the government searches.

This Act is the result of the judgment rendered by the U.S. Supreme Court that financial records are the property of the financial institution with which they are held, rather than the property of the customer. [United States v. Miller, 425 U.S. 435 (U.S. 1976)]