MXF is the abbreviation of Material eXchange Format used for professional digital audio and video media. It is a container format which is defined by a set of SMPTE standards. It is a file format for exchanging programme material between tape streamers, servers and digital archives and targeted at the interchange of audio-visual material with associated data and metadata. Final Cut Pro or FCP is non-linear video editing software developed by Apple Inc on Mac. Panasonic P2 camcorders and Canon XF camcorders users really finds difficult for importing footage to Final Cut Pro for editing.