In this paper, we have investigated the effect of channel inclination on the peristaltic transport of a couple stress fluid in the presence of externally applied magnetic field. The slip velocity at the channel wall has been taken into account. Under the long wave length and low-Reynolds number assumptions, the analytical solutions for axial velocity, stream function, pressure gradient and pressure rise are obtained. The computed results are presented graphically by taking valid numerical data for non-dimensional physical parameters available in the existing scientific literatures. The results revealed that the trapping fluid can be eliminated and the central line axial velocity can be reduced with a considerable extent by the application of magnetic field. The flow phenomena for the pumping characteristics, trapping and reflux are furthermore investigated. The study shows that the slip parameter and Froude number play an important role in controlling axial pressure gradient.