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.
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The XLTM file extension represents files that are generated by Microsoft Excel as Macro-enabled template files. XLTM files are similar to XLTX in structure other than that the later doesn't support creating template files with macros. Such template files are used to generate and set the layout, formatting, and other settings along with the macros to facilitate creating similar XLSX files then.
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You can also convert BMP into many other file formats. Please see the complete list below.