The recitation of Bismillah is called Tasmiah.

Bismillahir Rahmanir Raheem (Arabic: 'بِسْمِ ٱللَّٰهِ ٱلرَّحْمَٰنِ ٱلرَّحِيمِ) is an Arabic phrase meaning "in the name of God, Most Gracious, Most Merciful"

Additional information:

The recitation of auzubillah is called ta'awwudh (تَعَوُّذ).

The meaning is “I seek refuge in Allah from the outcast Shaitan”.