Files having extension .BMP represent Bitmap Image files that are used to store bitmap digital images. These images are independent of graphics adapter and are also called device independent bitmap (DIB) file format. This independency serves the purpose of opening the file on multiple platforms such as Microsoft Windows and Mac. The BMP file format can store data as two-dimensional digital images in both monochrome as well as color format with various colour depths.
Files with WMF extension represent Microsoft Windows Metafile (WMF) for storing vector as well as bitmap-format images data. To be more accurate, WMF belongs to the vector file format category of Graphics file formats that is device independent. Windows Graphical Device Interface (GDI) uses the functions stored in a WMF file to display an image on the screen.
You can also convert BMP into many other file formats. Please see the complete list below.