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hay

One word for there is and there are.

hay never changes for number, so hay un banco and hay dos bancos both use it. It states that something exists, which is different from saying where a known thing is, and that job belongs to estar.
hay un banco por aquí
there is a bank around here
hay dos mesas libres
there are two free tables
still hay, never hayn
¿dónde está el banco?
where is the bank?
estar, because you already know it exists
no hay problema
there is no problem
Watch out

Making hay plural. It has no plural form in the present.

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